Owens Historical Balance Sheet

OC Stock  USD 151.18  6.74  4.67%   
Trend analysis of Owens Corning balance sheet accounts such as Total Current Liabilities of 1.3 B, Total Stockholder Equity of 5.3 B or Property Plant And Equipment Net of 2.6 B provides information on Owens Corning's total assets, liabilities, and equity, which is the actual value of Owens Corning to its prevalent stockholders. By breaking down trends over time using Owens Corning balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Owens Corning latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Owens Corning is a good buy for the upcoming year.

Owens Corning Inventory

1.67 Billion

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

About Owens Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Owens Corning at a specified time, usually calculated after every quarter, six months, or one year. Owens Corning Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Owens Corning and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Owens currently owns. An asset can also be divided into two categories, current and non-current.

Owens Corning Balance Sheet Chart

At present, Owens Corning's Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 406.6 M, whereas Total Assets are forecasted to decline to about 7.3 B.

Total Assets

Total assets refers to the total amount of Owens Corning assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Owens Corning books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Owens Corning balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Owens Corning are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Owens Corning's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Owens Corning current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.At present, Owens Corning's Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 406.6 M, whereas Total Assets are forecasted to decline to about 7.3 B.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total3.2B3.3B500M475M
Total Assets10.8B11.2B14.1B7.3B

Owens Corning balance sheet Correlations

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0.940.180.620.920.660.89-0.160.460.610.860.520.610.060.830.680.080.150.890.90.320.910.660.47-0.5-0.5
0.310.26-0.38-0.120.540.410.40.23-0.210.42-0.19-0.210.060.00.050.270.35-0.090.0-0.43-0.220.050.08-0.83-0.82
0.85-0.150.580.760.70.76-0.350.080.340.840.740.340.830.00.880.090.530.980.680.090.780.920.8-0.48-0.48
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0.14-0.240.290.030.130.04-0.23-0.18-0.070.130.24-0.070.080.270.090.150.270.060.14-0.2-0.04-0.010.0-0.24-0.23
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0.20.130.380.560.110.14-0.270.440.720.040.310.720.32-0.430.090.19-0.2-0.380.260.520.420.09-0.010.130.14
0.820.210.70.960.530.75-0.20.510.750.690.520.750.91-0.220.780.72-0.04-0.040.880.920.420.630.44-0.27-0.27
0.72-0.220.470.650.790.64-0.420.050.310.710.780.310.660.050.920.94-0.010.650.890.570.090.630.92-0.55-0.55
0.59-0.410.390.470.720.47-0.47-0.130.030.650.760.030.470.080.80.860.00.770.740.33-0.010.440.92-0.5-0.51
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-0.71-0.17-0.04-0.39-0.91-0.74-0.08-0.38-0.18-0.75-0.28-0.18-0.5-0.82-0.48-0.58-0.23-0.51-0.44-0.450.14-0.27-0.55-0.511.0
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Owens Corning Account Relationship Matchups

Owens Corning balance sheet Accounts

202020212022202320242025 (projected)
Total Assets9.5B10.0B10.8B11.2B14.1B7.3B
Short Long Term Debt Total3.2B3.1B3.2B3.3B500M475M
Other Current Liab430M409M571M524M640M488.7M
Total Current Liabilities1.4B1.7B2.1B2.3B2.3B1.3B
Total Stockholder Equity3.9B4.3B4.6B5.2B5.1B5.3B
Property Plant And Equipment Net4.0B4.0B3.9B4.1B4.6B2.6B
Net Debt2.5B2.2B2.1B1.7B139M132.1M
Retained Earnings1.8B2.7B3.8B4.8B(691M)(725.6M)
Cash717M959M1.1B1.6B361M406.6M
Non Current Assets Total6.9B6.9B7.2B7.3B10.7B5.4B
Non Currrent Assets Other173M203M235M313M534M481.2M
Cash And Short Term Investments717M959M1.1B1.6B361M406.6M
Net Receivables919M939M961M987M1.2B648.9M
Common Stock Shares Outstanding108.6M104.3M97.7M91M87.9M89.3M
Liabilities And Stockholders Equity9.5B10.0B10.8B11.2B14.1B7.3B
Non Current Liabilities Total4.1B4.0B4.0B3.7B6.7B4.5B
Inventory855M1.1B1.3B1.2B1.6B1.7B
Other Current Assets115M121M162M117M186M113.7M
Other Stockholder Equity2.7B2.2B1.5B874M5.8B6.1B
Total Liab5.5B5.7B6.1B6.0B9.0B6.1B
Total Current Assets2.6B3.1B3.6B3.9B3.4B1.9B
Short Term Debt74M123M80M493M125M108.2M
Accounts Payable875M1.1B1.3B1.2B1.4B748.0M
Intangible Assets1.7B1.6B1.6B1.5B2.7B2.8B
Good Will989M990M1.4B1.4B2.8B3.0B
Accumulated Other Comprehensive Income(588M)(581M)(681M)(503M)(452.7M)(475.3M)
Other Liab882M875M914M883M794.7M755.0M
Other Assets162M410M280M124M111.6M106.0M
Long Term Debt3.1B3.0B2.9B2.6B5.1B5.4B
Property Plant Equipment3.9B3.8B3.9B3.7B4.3B3.1B
Property Plant And Equipment Gross4.0B3.9B3.7B7.7B8.3B8.7B
Current Deferred Revenue172M197M16M315M362.3M380.4M
Treasury Stock(1.1B)(1.4B)(1.9B)(2.7B)(2.4B)(2.3B)
Net Tangible Assets3.0B2.3B2.8B3.0B3.4B2.0B
Retained Earnings Total Equity2.3B1.8B2.7B3.8B4.4B4.6B

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.49
Earnings Share
7.36
Revenue Per Share
126.295
Quarterly Revenue Growth
0.233
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.