O-I Glass Inc

NYSE OI

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O-I Glass Inc Operating Income to Total Debt 2 year CAGR for the quarter ending March 31, 2024: -15.11%

O-I Glass Inc Operating Income to Total Debt 2 year CAGR is -15.11% for the quarter ending March 31, 2024. The operating income to total debt ratio measures the ability of a company's operating income to cover its total debt obligations. It is calculated by dividing the operating income by the total debt. This ratio provides insights into the company's ability to generate income from its operations to service its debt. A higher ratio indicates a stronger capacity to generate operating income relative to the level of debt, suggesting potential financial strength and debt servicing capability. 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 Operating Income to Total Debt for the quarter ending March 31, 2023 was 0.07, a 40.85% change year over year.
O-I Glass Inc Operating Income to Total Debt for the quarter ending March 31, 2022 was 0.05, a 790.32% change year over year.
O-I Glass Inc Operating Income to Total Debt for the quarter ending March 31, 2021 was -0.01, a -137.03% change year over year.
O-I Glass Inc Operating Income to Total Debt for the quarter ending March 31, 2020 was 0.02, a 25.74% 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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