Owens Corning Stock Total Asset

OC Stock  USD 205.62  0.52  0.25%   
Owens Corning fundamentals help investors to digest information that contributes to Owens Corning's financial success or failures. It also enables traders to predict the movement of Owens Stock. The fundamental analysis module provides a way to measure Owens Corning's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Owens Corning stock.
Last ReportedProjected for Next Year
Total Assets11.2 B7.1 B
Intangibles To Total Assets 0.26  0.15 
As of December 2, 2024, Total Assets is expected to decline to about 7.1 B. In addition to that, Intangibles To Total Assets is expected to decline to 0.15.
  
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Owens Corning Company Total Asset Analysis

Owens Corning's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Owens Corning Total Asset

    
  11.24 B  
Most of Owens Corning's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Owens Corning is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Owens Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Owens Corning is extremely important. It helps to project a fair market value of Owens Stock properly, considering its historical fundamentals such as Total Asset. Since Owens Corning's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Owens Corning's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Owens Corning's interrelated accounts and indicators.
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Owens Total Asset Historical Pattern

Today, most investors in Owens Corning Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Owens Corning's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Owens Corning total asset as a starting point in their analysis.
   Owens Corning Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Owens Total Assets

Total Assets

7.11 Billion

At present, Owens Corning's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Owens Corning has a Total Asset of 11.24 B. This is 180.57% higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The total asset for all United States stocks is 61.86% higher than that of the company.

Owens Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Owens Corning's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Owens Corning could also be used in its relative valuation, which is a method of valuing Owens Corning by comparing valuation metrics of similar companies.
Owens Corning is currently under evaluation in total asset category among its peers.

Owens Corning ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Owens Corning's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Owens Corning's managers, analysts, and investors.
Environmental
Governance
Social

Owens Corning Institutional Holders

Institutional Holdings refers to the ownership stake in Owens Corning that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Owens Corning's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Owens Corning's value.
Shares
Ameriprise Financial Inc2024-09-30
1.1 M
T. Rowe Price Associates, Inc.2024-09-30
M
Aqr Capital Management Llc2024-09-30
983.6 K
Deutsche Bank Ag2024-06-30
926.5 K
Bank Of America Corp2024-06-30
919.2 K
Bank Of New York Mellon Corp2024-09-30
880.9 K
Schroder Investment Management Group2024-09-30
878.9 K
Morgan Stanley - Brokerage Accounts2024-09-30
857.6 K
Norges Bank2024-06-30
833.6 K
Blackrock Inc2024-06-30
9.8 M
Vanguard Group Inc2024-09-30
8.8 M

Owens Fundamentals

About Owens Corning Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Owens Corning's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Owens Corning using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Owens Corning based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Owens Corning Piotroski F Score and Owens Corning Altman Z Score analysis.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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
2.4
Earnings Share
11.78
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
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.