Corning Total Liab vs Long Term Investments Analysis

GLW Stock  USD 35.52  0.17  0.48%   
Corning Incorporated financial indicator trend analysis is way more than just evaluating Corning Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corning Incorporated is a good investment. Please check the relationship between Corning Incorporated Total Liab and its Long Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Corning Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Corning Stock please use our How to Invest in Corning Incorporated guide.

Total Liab vs Long Term Investments

Total Liab vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corning Incorporated Total Liab account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Corning Incorporated's Total Liab and Long Term Investments is -0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Corning Incorporated, assuming nothing else is changed. The correlation between historical values of Corning Incorporated's Total Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Corning Incorporated are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Liab i.e., Corning Incorporated's Total Liab and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of Corning Incorporated balance sheet that represents investments Corning Incorporated intends to hold for over a year. Corning Incorporated long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Corning Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corning Incorporated current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Corning Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Corning Stock please use our How to Invest in Corning Incorporated guide.At this time, Corning Incorporated's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 38.37 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.1B4.5B3.9B2.7B
Total Revenue14.1B14.2B12.6B6.9B

Corning Incorporated fundamental ratios Correlations

0.380.340.450.730.710.010.670.560.990.30.510.80.40.470.410.730.080.470.910.030.550.680.16-0.680.24
0.380.750.93-0.240.870.90.83-0.380.490.47-0.430.66-0.340.980.980.31-0.730.980.070.40.530.70.790.230.86
0.340.750.82-0.330.640.790.55-0.540.480.41-0.560.63-0.490.790.80.17-0.650.81-0.030.010.280.780.840.00.6
0.450.930.82-0.160.90.820.85-0.310.550.48-0.360.68-0.290.930.970.38-0.660.960.160.430.410.810.780.180.86
0.73-0.24-0.33-0.160.19-0.610.180.940.61-0.10.950.240.87-0.17-0.210.490.68-0.170.92-0.10.260.07-0.54-0.63-0.2
0.710.870.640.90.190.620.960.050.770.51-0.010.830.00.910.890.58-0.490.920.490.350.540.820.59-0.050.75
0.010.90.790.82-0.610.620.56-0.740.160.38-0.760.43-0.620.860.880.01-0.840.86-0.330.310.340.560.860.420.78
0.670.830.550.850.180.960.560.10.720.540.00.82-0.040.870.850.64-0.550.870.480.40.560.790.59-0.060.69
0.56-0.38-0.54-0.310.940.05-0.740.10.42-0.080.980.110.82-0.32-0.360.460.67-0.320.84-0.040.1-0.1-0.62-0.55-0.34
0.990.490.480.550.610.770.160.720.420.360.360.850.280.570.520.71-0.050.570.830.040.580.760.3-0.640.32
0.30.470.410.48-0.10.510.380.54-0.080.36-0.190.59-0.320.540.470.66-0.550.530.150.150.090.420.570.00.19
0.51-0.43-0.56-0.360.95-0.01-0.760.00.980.36-0.190.020.89-0.37-0.410.350.77-0.370.8-0.10.08-0.17-0.71-0.5-0.34
0.80.660.630.680.240.830.430.820.110.850.590.02-0.160.770.680.73-0.480.760.570.030.60.850.63-0.410.35
0.4-0.34-0.49-0.290.870.0-0.62-0.040.820.28-0.320.89-0.16-0.33-0.320.150.84-0.320.65-0.060.09-0.25-0.77-0.27-0.16
0.470.980.790.93-0.170.910.860.87-0.320.570.54-0.370.77-0.330.970.39-0.721.00.160.290.570.760.810.140.78
0.410.980.80.97-0.210.890.880.85-0.360.520.47-0.410.68-0.320.970.34-0.710.980.110.380.50.770.80.210.88
0.730.310.170.380.490.580.010.640.460.710.660.350.730.150.390.34-0.130.390.70.110.420.560.25-0.440.11
0.08-0.73-0.65-0.660.68-0.49-0.84-0.550.67-0.05-0.550.77-0.480.84-0.72-0.71-0.13-0.720.38-0.28-0.17-0.55-0.9-0.33-0.51
0.470.980.810.96-0.170.920.860.87-0.320.570.53-0.370.76-0.321.00.980.39-0.720.160.330.530.780.810.150.81
0.910.07-0.030.160.920.49-0.330.480.840.830.150.80.570.650.160.110.70.380.16-0.010.40.4-0.19-0.680.03
0.030.40.010.43-0.10.350.310.4-0.040.040.15-0.10.03-0.060.290.380.11-0.280.33-0.01-0.060.130.260.250.57
0.550.530.280.410.260.540.340.560.10.580.090.080.60.090.570.50.42-0.170.530.4-0.060.40.31-0.140.29
0.680.70.780.810.070.820.560.79-0.10.760.42-0.170.85-0.250.760.770.56-0.550.780.40.130.40.67-0.320.56
0.160.790.840.78-0.540.590.860.59-0.620.30.57-0.710.63-0.770.810.80.25-0.90.81-0.190.260.310.670.120.59
-0.680.230.00.18-0.63-0.050.42-0.06-0.55-0.640.0-0.5-0.41-0.270.140.21-0.44-0.330.15-0.680.25-0.14-0.320.120.34
0.240.860.60.86-0.20.750.780.69-0.340.320.19-0.340.35-0.160.780.880.11-0.510.810.030.570.290.560.590.34
Click cells to compare fundamentals

Corning Incorporated Account Relationship Matchups

Corning Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.9B30.8B30.1B29.5B28.5B17.1B
Short Long Term Debt Total7.7B8.0B7.0B7.8B8.5B8.9B
Other Current Liab1.8B2.1B2.8B2.8B2.1B1.1B
Total Current Liabilities3.5B3.8B4.8B5.2B4.3B4.5B
Total Stockholder Equity12.9B13.3B12.3B12.0B11.6B9.6B
Property Plant And Equipment Net15.3B15.8B15.8B16.2B15.5B16.3B
Net Debt5.3B5.3B4.9B6.1B6.7B7.0B
Retained Earnings16.4B16.1B16.4B16.8B16.4B17.2B
Cash2.4B2.7B2.1B1.7B1.8B1.9B
Non Current Assets Total21.4B22.8B22.5B22.0B21.3B12.0B
Non Currrent Assets Other1.5B1.7B1.7B977M923M1.0B
Cash And Short Term Investments2.4B2.7B2.1B1.7B1.8B2.3B
Net Receivables1.8B2.1B2.0B1.7B1.6B1.1B
Common Stock Shares Outstanding899M772M844M857M859M1.2B
Liabilities And Stockholders Equity28.9B30.8B30.1B29.5B28.5B17.1B
Non Current Liabilities Total12.4B13.6B12.8B12.0B12.3B12.9B
Inventory2.3B2.4B2.5B2.9B2.7B2.8B
Other Current Assets873M761M1.0B703M694M493.1M
Other Stockholder Equity(5.5B)(5.3B)(3.8B)(3.9B)(3.7B)(3.5B)
Total Liab15.9B17.3B17.6B17.2B16.6B17.5B
Total Current Assets7.5B8.0B7.7B7.5B7.2B5.1B
Short Term Debt11M158M55M335M432M453.6M
Intangible Assets1.2B1.3B1.1B1.0B905M1.0B
Accounts Payable1.6B1.2B1.6B1.8B1.5B806.0M
Good Will1.9B2.5B2.4B2.4B2.4B1.7B
Common Stock Total Equity859M863M907M910M819M1.2B
Property Plant And Equipment Gross15.8B16.4B15.8B30.4B30.1B31.6B
Accumulated Other Comprehensive Income(1.2B)(740M)(1.2B)(1.8B)(2.0B)(1.9B)
Common Stock859M863M907M910M916M982.3M
Other Liab4.2B5.7B5.8B4.6B5.3B2.9B
Other Assets2.1B3.3B3.1B3.3B3.7B2.3B
Long Term Debt7.7B7.8B7.0B6.7B7.2B4.4B
Treasury Stock(19.8B)(19.9B)(20.3B)(20.5B)(18.5B)(17.6B)
Property Plant Equipment15.3B15.7B15.8B15.4B17.7B10.6B
Current Deferred Revenue104M363M371M276M329M433.7M
Net Tangible Assets10.6B11.0B8.8B8.6B7.7B11.7B
Noncontrolling Interest In Consolidated Entity90M191M212M267M307.1M322.4M
Retained Earnings Total Equity16.4B16.1B16.4B16.8B19.3B14.4B

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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.
When determining whether Corning Incorporated is a strong investment it is important to analyze Corning Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corning Incorporated's future performance. For an informed investment choice regarding Corning Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Corning Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Corning Stock please use our How to Invest in Corning Incorporated guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Corning Incorporated's industry 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 Corning Incorporated. If investors know Corning 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 Corning Incorporated 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
0.2
Dividend Share
1.12
Earnings Share
0.72
Revenue Per Share
14.571
Quarterly Revenue Growth
(0.06)
The market value of Corning Incorporated is measured differently than its book value, which is the value of Corning that is recorded on the company's balance sheet. Investors also form their own opinion of Corning Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Corning Incorporated'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 Corning Incorporated's market value can be influenced by many factors that don't directly affect Corning Incorporated'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 Corning Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corning Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corning Incorporated'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.