GLW Balance Sheet
Corning Inc - Assets, Liabilities & Stockholders' Equity
Total Assets
$30.98B
Total Liabilities
$18.67B
Shareholders' Equity
$11.81B
Cash Position
$1.53B
Assets
As of: FY
Current Assets
Cash & Equivalents
$1.53B
Total Current Assets
$8.94B
Non-Current Assets
Total Assets
$30.98B
Liabilities & Equity
Current Liabilities
Total Current Liabilities
$5.63B
Non-Current Liabilities
Total Debt
$7.63B
Total Liabilities
$18.67B
Stockholders' Equity
Retained Earnings
$16.55B
Total Equity
$11.81B
Total Liabilities & Equity
$30.98B
Should equal Total Assets
Key Balance Sheet Ratios
Current Ratio
1.59
Current Assets / Current Liabilities
Debt-to-Equity
0.65
Total Debt / Shareholders' Equity
Debt-to-Assets
0.25
Total Debt / Total Assets
Working Capital
$3.31B
Current Assets - Current Liabilities
Balance Sheet Health
Liquidity: Strong
Current ratio of 1.59 indicates the company has ample short-term assets to cover short-term liabilities.
Leverage: Moderate
Debt-to-equity ratio of 0.65 suggests balanced use of debt.
Cash Position: 4.9% of Assets
$1.53B in cash provides limited financial flexibility.
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Open Full FinancialsFrequently Asked Questions
What are GLW's total assets?
GLW has total assets of $30.98B, up from $27.73B in the previous period.
How much debt does GLW have?
GLW has total debt of $7.63B. The debt-to-equity ratio is 0.65, which is moderate.
What is GLW's cash position?
GLW has $1.53B in cash and cash equivalents, representing 4.9% of total assets.
What is GLW's stockholders' equity?
GLW's stockholders' equity is $11.81B. This represents the book value of the company and shareholder ownership stake.
What is GLW's current ratio?
GLW has a current ratio of 1.59. This means the company has $1.59 in current assets for every $1 in current liabilities. A ratio above 1.0 indicates good short-term financial health.
How healthy is GLW's balance sheet?
GLW's balance sheet shows $30.98B in total assets, $18.67B in liabilities, and $11.81B in equity. The current ratio of 1.59 suggests adequate liquidity. The debt-to-equity ratio of 0.65 indicates moderate leverage.