Corning Gross Margin vs Total Liabilities Analysis

GLW Stock  USD 31.29  0.20  0.64%   
Trend analysis of Corning Incorporated balance sheet accounts such as Other Current Liabilities of 1.1 B or Total Current Liabilities of 4.5 B provides information on Corning Incorporated's total assets, liabilities, and equity, which is the actual value of Corning Incorporated to its prevalent stockholders. By breaking down trends over time using Corning Incorporated balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Corning Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Corning Incorporated at a specified time, usually calculated after every quarter, six months, or one year. Corning Incorporated Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Corning Incorporated and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Corning currently owns. An asset can also be divided into two categories, current and non-current.

Corning Incorporated Balance Sheet Chart

Corning Incorporated Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Corning Incorporated uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Corning Incorporated's Non Current Liabilities Total is fairly stable compared to the past year. Inventory is likely to climb to about 2.8 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 1.1 B in 2024.

Total Assets

Total assets refers to the total amount of Corning Incorporated assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Corning Incorporated books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Corning Incorporated balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Corning Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.
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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
(0.21)
Dividend Share
1.12
Earnings Share
0.68
Revenue Per Share
14.844
Quarterly Revenue Growth
(0.12)
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.