Corning Incorporated Financial Statements Trends

GLW -- USA Stock  

USD 28.23  0.63  2.28%

This module enables investors to look at Corning Incorporated various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Direct Expenses of 5.7 B, Consolidated Income of 512.9 M or Cost of Revenue of 3.1 B, but also many exotic indicators such as Interest Coverage of 13.6232, Long Term Debt to Equity of 0.3114 or Calculated Tax Rate of 34.6122. This module is a perfect complement to use when analyzing Corning Incorporated Valuation or Volatility. It can also complement various Corning Incorporated Technical models. Please also check analysis of Corning Incorporated Correlation with competitors.
Revenues

Corning Incorporated Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets28.5 B4.8 B8.2 B
Increasing
Very volatile
Cash and Equivalents1.2 B50.4 M331.6 M
Decreasing
Stable
Investments1.5 B584.8 M582.5 M
Increasing
Slightly volatile
Investments Current123.6 M154.2 M160 M
Increasing
Very volatile
Investments Non Current1.3 B387.8 M427.9 M
Increasing
Slightly volatile
Property Plant and Equipment Net5.4 B2.1 B3.2 B
Decreasing
Slightly volatile
Inventory735 M419.2 M539.3 M
Decreasing
Slightly volatile
Tax Assets860.7 M128.7 M245.6 M
Decreasing
Very volatile
Trade and Non Trade Receivables867.4 M558.8 M644.9 M
Decreasing
Slightly volatile
Trade and Non Trade Payables564.6 M284.4 M377.6 M
Decreasing
Slightly volatile
Goodwill and Intangible Assets1 B298.9 M573.1 M
Decreasing
Slightly volatile
Total Liabilities5.9 B3.7 B4.4 B
Decreasing
Slightly volatile
Shareholders Equity7.1 B1.1 B2.6 B
Decreasing
Stable
Accumulated Retained Earnings Deficit2.9 B1.2 B2.5 B
Decreasing
Slightly volatile
Accumulated Other Comprehensive Income(123.2 M)39.2 M(58.5 M)
Increasing
Slightly volatile
Current Assets8.3 B1.4 B2.3 B
Increasing
Very volatile
Assets Non Current9.1 B3.5 B5 B
Decreasing
Stable
Current Liabilities2.8 B842 M1.1 B
Decreasing
Very volatile
Liabilities Non Current4.3 B2.9 B3.3 B
Decreasing
Slightly volatile
Tax Liabilities54.6 M54.9 M60 M
Decreasing
Slightly volatile
Total Debt7 B1.4 B2.1 B
Increasing
Very volatile
Debt Current98 M48.1 M52.6 M
Increasing
Slightly volatile
Debt Non Current2.3 B1.4 B1.7 B
Decreasing
Slightly volatile
Shareholders Equity USD7.1 B1.1 B2.6 B
Decreasing
Stable
Cash and Equivalents USD1.8 B50.4 M384.8 M
Decreasing
Very volatile
Total Debt USD2.5 B1.4 B1.8 B
Decreasing
Slightly volatile
Accounts Payable1.2 B1.5 B959 M
Increasing
Slightly volatile
Receivables1.6 B1.9 B1.3 B
Increasing
Slightly volatile
Inventories1.6 B2 B1.2 B
Increasing
Slightly volatile

Corning Incorporated Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues11.8 B3.1 B4.2 B
Increasing
Very volatile
Cost of Revenue3.1 B1.9 B2.2 B
Decreasing
Stable
Selling General and Administrative Expense797.7 M464.7 M558.2 M
Decreasing
Stable
Research and Development Expense424.7 M198 M263.8 M
Decreasing
Stable
Operating Expenses1.6 B693.2 M898.2 M
Decreasing
Stable
Interest Expense98.9 M65.1 M72 M
Decreasing
Stable
Income Tax Expense173.3 M123.4 M141.6 M
Decreasing
Slightly volatile
Net Loss Income from Discontinued Operations(39.3 M)(23.9 M)(26.8 M)
Decreasing
Slightly volatile
Consolidated Income512.9 M(58.4 M)88.6 M
Decreasing
Stable
Net Income1.4 B(58.4 M)163.4 M
Increasing
Very volatile
Preferred Dividends Income Statement Impact25.7 M1.1 M13.7 M
Decreasing
Slightly volatile
Net Income Common Stock509.8 M(58.4 M)88.3 M
Decreasing
Stable
Weighted Average Shares780.9 M799.1 M719.5 M
Increasing
Stable
Weighted Average Shares Diluted1.3 B941 M1.4 B
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT785.2 M130.1 M302.3 M
Decreasing
Stable
Revenues USD5.2 B3.1 B3.6 B
Decreasing
Stable
Net Income Common Stock USD509.8 M(58.4 M)88.3 M
Decreasing
Stable
Earning Before Interest and Taxes USD785.2 M130.1 M302.3 M
Decreasing
Stable
Gross Profit4.5 B1.2 B1.6 B
Increasing
Very volatile
Operating Income531.9 M528.9 M546.6 M
Decreasing
Slightly volatile
Direct Expenses5.7 B6.8 B4.9 B
Increasing
Slightly volatile

Corning Incorporated Cash Flow Statement

Trends Matrix
Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(648.1 M)(286.9 M)(509.5 M)
Increasing
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(123.3 M)(2.8 M)(66.7 M)
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals99.7 M(32.3 M)(13 M)
Increasing
Stable
Net Cash Flow from Financing(259 M)(84.4 M)(265.2 M)
Increasing
Slightly volatile
Issuance Repayment of Debt Securities 162.3 M94.5 M154.4 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(190.8 M)(7.9 M)(202 M)
Increasing
Slightly volatile
Payment of Dividends and Other Cash Distributions (232.3 M)(150.5 M)(214.4 M)
Increasing
Slightly volatile
Net Cash Flow from Investing(923.7 M)(408.2 M)(617.8 M)
Increasing
Slightly volatile
Net Cash Flow from Operations(345 M)614.6 M666.5 M
Decreasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (11.1 M)1.1 M149.6 K
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents62.5 M41 M(120.8 M)
Increasing
Slightly volatile
Share Based Compensation46 M12.4 M20 M
Decreasing
Very volatile
Depreciation Amortization and Accretion568 M254.3 M342.1 M
Decreasing
Stable

Fundamental Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share0.3031(0.0885)0.0593
Decreasing
Slightly volatile
Earnings per Diluted Share1.6(0.0885)0.1624
Increasing
Very volatile
Earnings per Basic Share USD0.3031(0.0885)0.0593
Decreasing
Slightly volatile
Dividends per Basic Common Share0.29720.2160.2828
Decreasing
Slightly volatile
Return on Average Equity0.10980.48070.369
Increasing
Very volatile
Return on Average Assets0.03780.11960.0944
Increasing
Very volatile
Return on Invested Capital0.14790.19320.1604
Increasing
Slightly volatile
Gross Margin0.47040.45770.4088
Increasing
Slightly volatile
Profit Margin0.1278(0.0218)0.0024
Increasing
Very volatile
EBITDA Margin0.23540.14380.1474
Decreasing
Very volatile
Return on Sales0.11520.04830.0576
Decreasing
Very volatile
Asset Turnover0.58780.78480.8036
Increasing
Very volatile
Payout Ratio(1.3712)(2.8053)(2.6354)
Decreasing
Stable
Enterprise Value over EBITDA12.447411.0911.9763
Increasing
Stable
Enterprise Value over EBIT12.757916.217.2465
Decreasing
Slightly volatile
Price to Earnings Ratio17.25(125)(111)
Increasing
Very volatile
Sales per Share6.74216.416.4489
Decreasing
Slightly volatile
Price to Sales Ratio1.831.99982.1641
Decreasing
Slightly volatile
Price to Book Value1.936.215.9987
Decreasing
Very volatile
Debt to Equity Ratio52.13.027.1903
Increasing
Slightly volatile
Dividend Yield0.02160.01980.0219
Decreasing
Slightly volatile
Current Ratio1.851.84921.6913
Decreasing
Very volatile
Free Cash Flow per Share1.51(0.0046)0.1859
Increasing
Stable
Book Value per Share6.63852.06313.5065
Decreasing
Stable
Tangible Assets Book Value per Share12.17897.288.8959
Decreasing
Slightly volatile
Total Assets Per Share28.260434.904823.0743
Increasing
Slightly volatile
Cash Flow Per Share3.0033.70432.4464
Increasing
Slightly volatile
Return on Investment6.81877.75566.1844
Increasing
Slightly volatile
Operating Margin25.3413.950416.8122
Increasing
Stable
Calculated Tax Rate34.612239.263329.2547
Increasing
Slightly volatile
Receivables Turnover7.16116.02627.0458
Decreasing
Slightly volatile
Inventory Turnover4.43853.64314.3975
Decreasing
Slightly volatile
PPandE Turnover0.73250.7810.7527
Increasing
Stable
Cash and Equivalents Turnover2.64343.38432.1304
Increasing
Slightly volatile
Accounts Payable Turnover9.3847.79979.0272
Increasing
Very volatile
Accrued Expenses Turnover10.510213.02948.6581
Increasing
Slightly volatile
Interest Coverage13.623210.294113.4629
Increasing
Very volatile
Long Term Debt to Equity0.31140.43460.1999
Increasing
Slightly volatile
Quick Ratio2.32361.29492.7918
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets19.992513.535721.7528
Decreasing
Stable
Revenue to Assets0.34650.41050.3082
Increasing
Slightly volatile

Corning Incorporated Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax686.2 M65 M230.2 M
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization EBITDA3 B384.3 M780.8 M
Increasing
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization USD1.4 B384.3 M644.4 M
Decreasing
Stable
Market Capitalization21.6 B9.9 B11.1 B
Decreasing
Very volatile
Enterprise Value30.1 B13.3 B14.6 B
Increasing
Very volatile
Invested Capital11 B5.1 B6.7 B
Decreasing
Stable
Average Equity7.4 B1.3 B2.7 B
Decreasing
Stable
Average Assets13.2 B5.1 B7.1 B
Decreasing
Stable
Invested Capital Average11.3 B5.2 B6.8 B
Decreasing
Stable
Tangible Asset Value12 B4.5 B6.3 B
Decreasing
Stable
Free Cash Flow530.5 M247.9 M277.3 M
Decreasing
Very volatile
Working Capital5.5 B512 M1.1 B
Increasing
Stable
Revenue Per Employee259.9 K219.2 K248.8 K
Decreasing
Stable
Net Income Per Employee48.7 K20.7 K65.6 K
Decreasing
Slightly volatile

Corning Incorporated Fundamental Market Drivers

Short Percent Of Float2.88%
Forward Price Earnings14.23
Shares Short Prior Month16.19M
Average Daily Volume Last 10 Day8.8M
Average Daily Volume In Three Month5.84M
Date Short InterestAugust 15, 2019
Fifty Day Average28.36
Two Hundred Day Average31.62

Corning Incorporated Upcoming Events

Upcoming Quarterly ReportJuly 24, 2019
Next Earnings ReportOctober 22, 2019
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