O-I Glass's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $248 Mil. O-I Glass's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,698 Mil. O-I Glass's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,609 Mil.
O-I Glass's debt to equity for the quarter that ended in Dec. 2023 was 3.07.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for O-I Glass's Debt-to-Equity or its related term are showing as below:
OI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 3.07 Med: 6.75 Max: 32.59
Current: 3.07
During the past 13 years, the highest Debt-to-Equity Ratio of O-I Glass was 32.59. The lowest was 3.07. And the median was 6.75.
O-I Glass Debt-to-Equity Historical Data
The historical data trend for O-I Glass's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
O-I Glass Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
11.90 |
17.31 |
6.70 |
3.33 |
3.07 |
|
O-I Glass Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.33 |
2.70 |
2.48 |
2.47 |
3.07 |
Competitive Comparison
For the Packaging & Containers subindustry, O-I Glass's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
O-I Glass Debt-to-Equity Distribution
For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where O-I Glass's Debt-to-Equity falls into.
O-I Glass Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
O-I Glass's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
O-I Glass's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
O-I Glass (O-I Glass) Business Description
Traded in Other Exchanges
Address
One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.
Executives
| Andres Alberto Lopez |
officer: VP, President of Latin America |
ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551 |
| Vitaliano Torno |
officer: President, O-I Europe |
O-I EUROPE SARL, EU HQ MEX EN FARAZ 5, VUFFLENS-LA-VILLE V8 1302 |
| Arnaud Aujouannet |
officer: SVP & Chief Sales & Marketing |
ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551 |
| Clark David V Ii |
director |
C/O O-I GLASS, INC., ONE MICHAEL OWENS WAY, PLAZA 1, PERRYSBURG OH 43551 |
| Darrow A Abrahams |
officer: SVP, GC & Corporate Secretary |
ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551 |
| Mary Beth Wilkinson |
officer: Senior VP, GC & Secretary |
2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105 |
| Samuel R. Chapin |
director |
940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451 |
| Catherine I Slater |
director |
C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104 |
| Peter S Hellman |
director |
ONE BAXTER PARKWAY, DEERFIELD IL 60015 |
| Carol A Dudley-williams |
director |
912 W. SUGNET RD., MIDLAND MI 48640 |
| John H Walker |
director |
233 SOUTH WACKER DRIVE, CHICAGO IL 60606 |
| Timothy Connors |
officer: President, O-I Asia Pacific |
36 BURWOOD ROAD, HAWTHORN, VIC C3 3195 |
| Moyano Giancarlo Currarino |
officer: SVP, Chief Tech & SC Officer |
ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551 |
| John Humphrey |
director |
ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209 |
| Joseph D Rupp |
director |
QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027 |
O-I Glass (O-I Glass) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OI has been successfully added to your