O-I Glass Inc

NYSE OI

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O-I Glass Inc Cash Dividend Coverage Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending June 30, 2023: -95.71%

O-I Glass Inc Cash Dividend Coverage Ratio 2 year CAGR is -95.71% for the Trailing 12 Months (TTM) ending June 30, 2023, a -127.74% change year over year. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

O-I Glass Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 37.80, a 250.41% change year over year.
O-I Glass Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 10.79, a -99.92% change year over year.
O-I Glass Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 13,726.79, a 56,349.45% change year over year.
O-I Glass Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 24.32, a 522.51% change year over year.

NYSE: OI

O-I Glass Inc

CEO	Mr. Andres Alberto Lopez
IPO Date	Dec. 11, 1991
Location	United States
Headquarters	One Michael Owens Way, Perrysburg, OH, United States, 43551-2999
Employees	23,000
Sector	Consumer Cyclical
Industry	Packaging & containers

Description

O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is based in Perrysburg, Ohio.

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