Owens Corning Balance Sheet Health
Financial Health criteria checks 3/6
Owens Corning has a total shareholder equity of $5.7B and total debt of $5.2B, which brings its debt-to-equity ratio to 92.2%. Its total assets and total liabilities are $15.1B and $9.4B respectively. Owens Corning's EBIT is $1.8B making its interest coverage ratio 11. It has cash and short-term investments of $499.0M.
Key information
92.2%
Debt to equity ratio
US$5.23b
Debt
| Interest coverage ratio | 11x |
| Cash | US$499.00m |
| Equity | US$5.67b |
| Total liabilities | US$9.38b |
| Total assets | US$15.05b |
Recent financial health updates
Owens Corning (NYSE:OC) Has A Pretty Healthy Balance Sheet
Dec 24
Is Owens Corning (NYSE:OC) Using Too Much Debt?
Sep 11These 4 Measures Indicate That Owens Corning (NYSE:OC) Is Using Debt Reasonably Well
May 14Recent updates
Owens Corning: Steady Post The Masonite Deal
Jan 05Owens Corning (NYSE:OC) Has A Pretty Healthy Balance Sheet
Dec 24Owens Corning (NYSE:OC) Will Pay A Larger Dividend Than Last Year At $0.69
Dec 09Take Care Before Diving Into The Deep End On Owens Corning (NYSE:OC)
Nov 29Owens Corning's (NYSE:OC) Soft Earnings Don't Show The Whole Picture
Nov 14Are Investors Undervaluing Owens Corning (NYSE:OC) By 44%?
Oct 24Owens Corning: Balanced Prospects Amid Fair Valuation
Oct 18Is Owens Corning (NYSE:OC) Using Too Much Debt?
Sep 11Market Cool On Owens Corning's (NYSE:OC) Earnings
Aug 23Owens Corning Price Dips, While Acquisition Will Generate Growth
Aug 13Is There An Opportunity With Owens Corning's (NYSE:OC) 42% Undervaluation?
Jun 29At US$181, Is Owens Corning (NYSE:OC) Worth Looking At Closely?
Jun 13These 4 Measures Indicate That Owens Corning (NYSE:OC) Is Using Debt Reasonably Well
May 14Owens Corning: Pressure From Composites Segment
May 03Owens Corning's (NYSE:OC) Soft Earnings Don't Show The Whole Picture
May 01Owens Corning Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 28Investors Don't See Light At End Of Owens Corning's (NYSE:OC) Tunnel
Apr 08An Intrinsic Calculation For Owens Corning (NYSE:OC) Suggests It's 30% Undervalued
Mar 22Why Owens Corning (NYSE:OC) Could Be Worth Watching
Feb 16Owens Corning: A Legacy Building Materials Company Turned Into A Pretty Play
Feb 03Owens Corning: Recent Weakness And Pricing Necessitate A Downgrade
Nov 19Owens Corning: Good News Priced In
Sep 05Financial Position Analysis
Short Term Liabilities: OC's short term assets ($3.9B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: OC's short term assets ($3.9B) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: OC's net debt to equity ratio (83.4%) is considered high.
Reducing Debt: OC's debt to equity ratio has increased from 70% to 92.2% over the past 5 years.
Debt Coverage: OC's debt is well covered by operating cash flow (36.6%).
Interest Coverage: OC's interest payments on its debt are well covered by EBIT (11x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 23:22 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Owens Corning is covered by 42 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Stephen Kim | Barclays |
| Matthew Bouley | Barclays |