Corning Balance Sheet Analysis From 2010 to 2024

GLW Stock

USD 31.52 0.01 0.03%

Most indicators from Corning Incorporated's financial ratios are interrelated and interconnected. However, analyzing financial 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 financial 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 Corning Incorporated Valuation and Corning Incorporated Correlation 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.

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 Corning Incorporated Valuation and Corning Incorporated Correlation 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 Profit	5.1B	4.5B	3.9B	2.7B
Total Revenue	14.1B	14.2B	12.6B	6.9B

Gross Profit Total Revenue

Corning Incorporated fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.38	0.34	0.45	0.73	0.71	0.01	0.67	0.56	0.99	0.3	0.51	0.8	0.4	0.47	0.41	0.73	0.08	0.47	0.91	0.03	0.55	0.68	0.16	-0.68	0.24
Short Long Term Debt Total	0.38		0.75	0.93	-0.24	0.87	0.9	0.83	-0.38	0.49	0.47	-0.43	0.66	-0.34	0.98	0.98	0.31	-0.73	0.98	0.07	0.4	0.53	0.7	0.79	0.23	0.86
Other Current Liab	0.34	0.75		0.82	-0.33	0.64	0.79	0.55	-0.54	0.48	0.41	-0.56	0.63	-0.49	0.79	0.8	0.17	-0.65	0.81	-0.03	0.01	0.28	0.78	0.84	0.0	0.6
Total Current Liabilities	0.45	0.93	0.82		-0.16	0.9	0.82	0.85	-0.31	0.55	0.48	-0.36	0.68	-0.29	0.93	0.97	0.38	-0.66	0.96	0.16	0.43	0.41	0.81	0.78	0.18	0.86
Total Stockholder Equity	0.73	-0.24	-0.33	-0.16		0.19	-0.61	0.18	0.94	0.61	-0.1	0.95	0.24	0.87	-0.17	-0.21	0.49	0.68	-0.17	0.92	-0.1	0.26	0.07	-0.54	-0.63	-0.2
Property Plant And Equipment Net	0.71	0.87	0.64	0.9	0.19		0.62	0.96	0.05	0.77	0.51	-0.01	0.83	0.0	0.91	0.89	0.58	-0.49	0.92	0.49	0.35	0.54	0.82	0.59	-0.05	0.75
Net Debt	0.01	0.9	0.79	0.82	-0.61	0.62		0.56	-0.74	0.16	0.38	-0.76	0.43	-0.62	0.86	0.88	0.01	-0.84	0.86	-0.33	0.31	0.34	0.56	0.86	0.42	0.78
Retained Earnings	0.67	0.83	0.55	0.85	0.18	0.96	0.56		0.1	0.72	0.54	0.0	0.82	-0.04	0.87	0.85	0.64	-0.55	0.87	0.48	0.4	0.56	0.79	0.59	-0.06	0.69
Cash	0.56	-0.38	-0.54	-0.31	0.94	0.05	-0.74	0.1		0.42	-0.08	0.98	0.11	0.82	-0.32	-0.36	0.46	0.67	-0.32	0.84	-0.04	0.1	-0.1	-0.62	-0.55	-0.34
Non Current Assets Total	0.99	0.49	0.48	0.55	0.61	0.77	0.16	0.72	0.42		0.36	0.36	0.85	0.28	0.57	0.52	0.71	-0.05	0.57	0.83	0.04	0.58	0.76	0.3	-0.64	0.32
Non Currrent Assets Other	0.3	0.47	0.41	0.48	-0.1	0.51	0.38	0.54	-0.08	0.36		-0.19	0.59	-0.32	0.54	0.47	0.66	-0.55	0.53	0.15	0.15	0.09	0.42	0.57	0.0	0.19
Cash And Short Term Investments	0.51	-0.43	-0.56	-0.36	0.95	-0.01	-0.76	0.0	0.98	0.36	-0.19		0.02	0.89	-0.37	-0.41	0.35	0.77	-0.37	0.8	-0.1	0.08	-0.17	-0.71	-0.5	-0.34
Net Receivables	0.8	0.66	0.63	0.68	0.24	0.83	0.43	0.82	0.11	0.85	0.59	0.02		-0.16	0.77	0.68	0.73	-0.48	0.76	0.57	0.03	0.6	0.85	0.63	-0.41	0.35
Common Stock Shares Outstanding	0.4	-0.34	-0.49	-0.29	0.87	0.0	-0.62	-0.04	0.82	0.28	-0.32	0.89	-0.16		-0.33	-0.32	0.15	0.84	-0.32	0.65	-0.06	0.09	-0.25	-0.77	-0.27	-0.16
Non Current Liabilities Total	0.47	0.98	0.79	0.93	-0.17	0.91	0.86	0.87	-0.32	0.57	0.54	-0.37	0.77	-0.33		0.97	0.39	-0.72	1.0	0.16	0.29	0.57	0.76	0.81	0.14	0.78
Inventory	0.41	0.98	0.8	0.97	-0.21	0.89	0.88	0.85	-0.36	0.52	0.47	-0.41	0.68	-0.32	0.97		0.34	-0.71	0.98	0.11	0.38	0.5	0.77	0.8	0.21	0.88
Other Current Assets	0.73	0.31	0.17	0.38	0.49	0.58	0.01	0.64	0.46	0.71	0.66	0.35	0.73	0.15	0.39	0.34		-0.13	0.39	0.7	0.11	0.42	0.56	0.25	-0.44	0.11
Other Stockholder Equity	0.08	-0.73	-0.65	-0.66	0.68	-0.49	-0.84	-0.55	0.67	-0.05	-0.55	0.77	-0.48	0.84	-0.72	-0.71	-0.13		-0.72	0.38	-0.28	-0.17	-0.55	-0.9	-0.33	-0.51
Total Liab	0.47	0.98	0.81	0.96	-0.17	0.92	0.86	0.87	-0.32	0.57	0.53	-0.37	0.76	-0.32	1.0	0.98	0.39	-0.72		0.16	0.33	0.53	0.78	0.81	0.15	0.81
Total Current Assets	0.91	0.07	-0.03	0.16	0.92	0.49	-0.33	0.48	0.84	0.83	0.15	0.8	0.57	0.65	0.16	0.11	0.7	0.38	0.16		-0.01	0.4	0.4	-0.19	-0.68	0.03
Short Term Debt	0.03	0.4	0.01	0.43	-0.1	0.35	0.31	0.4	-0.04	0.04	0.15	-0.1	0.03	-0.06	0.29	0.38	0.11	-0.28	0.33	-0.01		-0.06	0.13	0.26	0.25	0.57
Intangible Assets	0.55	0.53	0.28	0.41	0.26	0.54	0.34	0.56	0.1	0.58	0.09	0.08	0.6	0.09	0.57	0.5	0.42	-0.17	0.53	0.4	-0.06		0.4	0.31	-0.14	0.29
Accounts Payable	0.68	0.7	0.78	0.81	0.07	0.82	0.56	0.79	-0.1	0.76	0.42	-0.17	0.85	-0.25	0.76	0.77	0.56	-0.55	0.78	0.4	0.13	0.4		0.67	-0.32	0.56
Good Will	0.16	0.79	0.84	0.78	-0.54	0.59	0.86	0.59	-0.62	0.3	0.57	-0.71	0.63	-0.77	0.81	0.8	0.25	-0.9	0.81	-0.19	0.26	0.31	0.67		0.12	0.59
Common Stock Total Equity	-0.68	0.23	0.0	0.18	-0.63	-0.05	0.42	-0.06	-0.55	-0.64	0.0	-0.5	-0.41	-0.27	0.14	0.21	-0.44	-0.33	0.15	-0.68	0.25	-0.14	-0.32	0.12		0.34
Property Plant And Equipment Gross	0.24	0.86	0.6	0.86	-0.2	0.75	0.78	0.69	-0.34	0.32	0.19	-0.34	0.35	-0.16	0.78	0.88	0.11	-0.51	0.81	0.03	0.57	0.29	0.56	0.59	0.34

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Corning Incorporated Account Relationship Matchups

Corning Incorporated fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.9B	30.8B	30.1B	29.5B	28.5B	17.1B
Other Current Liab	1.8B	2.1B	2.8B	2.8B	2.1B	1.1B
Net Debt	5.3B	5.3B	4.9B	6.1B	6.7B	7.0B
Retained Earnings	16.4B	16.1B	16.4B	16.8B	16.4B	17.2B
Cash	2.4B	2.7B	2.1B	1.7B	1.8B	1.9B
Net Receivables	1.8B	2.1B	2.0B	1.7B	1.6B	1.1B
Inventory	2.3B	2.4B	2.5B	2.9B	2.7B	2.8B
Other Current Assets	873M	761M	1.0B	703M	694M	493.1M
Total Liab	15.9B	17.3B	17.6B	17.2B	16.6B	17.5B
Total Current Assets	7.5B	8.0B	7.7B	7.5B	7.2B	5.1B
Short Term Debt	11M	158M	55M	335M	432M	453.6M
Intangible Assets	1.2B	1.3B	1.1B	1.0B	905M	1.0B
Accounts Payable	1.6B	1.2B	1.6B	1.8B	1.5B	806.0M
Good Will	1.9B	2.5B	2.4B	2.4B	2.4B	1.7B
Common Stock	859M	863M	907M	910M	916M	982.3M
Other Liab	4.2B	5.7B	5.8B	4.6B	5.3B	2.9B
Other Assets	2.1B	3.3B	3.1B	3.3B	3.7B	2.3B
Long Term Debt	7.7B	7.8B	7.0B	6.7B	7.2B	4.4B
Treasury Stock	(19.8B)	(19.9B)	(20.3B)	(20.5B)	(18.5B)	(17.6B)
Net Tangible Assets	10.6B	11.0B	8.8B	8.6B	7.7B	11.7B

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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:

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Check out Corning Incorporated Valuation and Corning Incorporated Correlation analysis.

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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.

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Corning Balance Sheet Analysis From 2010 to 2024

Corning Incorporated fundamental ratios Correlations

Corning Incorporated Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Corning Incorporated fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Inventory	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash

Good Will	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Net Debt
Good Will	- 0.77	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.76	Net Debt
Cash	- 0.74	Net Debt
Other Stockholder Equity	- 0.73	Short Long Term Debt Total