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Corning Inc's Leverage Ratio
GLW's quarterly Leverage Ratio and Total Liabilities, Equity growth
Due to net new borrowings of 1.23%, Leverage Ratio fell to 1.52, above the Corning Inc's average Leverage Ratio.
Within Communications Equipment industry Corning Inc achieved the lowest Leverage Ratio in the second quarter 2024. While Leverage Ratio total ranking has improved so far in the second quarter 2024 to 526, from total ranking in the first quarter 2024 at 1700 .
Explain Leverage Ratio?
Who are GLW Customers?
What are GLW´s Total Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| GLW Leverage Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Equity Change |
-6.69 % |
-5.31 % |
-3.32 % |
1.7 % |
-2.27 % |
| Y / Y Total Liabilities Change |
-3.71 % |
-2.99 % |
-3.1 % |
-3.46 % |
-4.18 % |
| Leverage Ratio MRQ |
1.52 |
1.42 |
1.43 |
1.43 |
1.47 |
| GLW's Total
Ranking |
# 526 |
# 1700 |
# 1512 |
# 2024 |
# 635 |
| Seq. Equity Change |
-5.47 % |
-2.6 % |
1.06 % |
0.29 % |
-4.07 % |
| Seq. Total Liabilities Change |
1.23 % |
-3.29 % |
0.6 % |
-2.23 % |
1.99 % |
| Leverage Ratio second quarter 2024 Company Ranking |
| Within: |
No. |
| Communications Equipment Industry |
# 0 |
| Technology Sector |
# 85 |
| Overall Market |
# 526 |
| Leverage Ratio Statistics |
| High |
Average |
Low |
| 1.54 |
0.8 |
0.3 |
| (Dec. 31. 2004) |
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(Sep. 30, 2011) |
Cumulative Corning Inc's Leverage Ratio
GLW's Leverage Ratio for the trailling 12 Months
GLW Leverage Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Equity TTM Growth |
-6.69 % |
-5.31 % |
-3.32 % |
1.7 % |
-2.27 % |
| Y / Y Total Liabilities TTM Growth |
-3.71 % |
-2.99 % |
-3.1 % |
-3.46 % |
-4.18 % |
| Leverage Ratio TTM |
1.45 |
1.44 |
1.43 |
1.43 |
1.45 |
| Total
Ranking TTM |
# 5
| # 1635
| # 2
| # 73
| # 1
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| Seq. Equity TTM Growth |
-5.47 % |
-2.6 % |
1.06 % |
0.29 % |
-4.07 % |
| Seq. Total Liabilities TTM Growth |
1.23 % |
-3.29 % |
0.6 % |
-2.23 % |
1.99 % |
News about Corning Inc Leverage Ratio |
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Corning Inc, a leading technology company specializing in glass and materials science, has recently displayed impressive performance in both the market and its customer base. With a track record of outperforming the market over the past 12 months and surpassing the performance of its customers, Corning Inc's success is evident. This article aims to delve into the factors behind the company's current success and shed light on the latest developments surrounding Corning Inc.Understanding Corning Inc's PerformanceAccording to recent reports, Corning Inc shares have been outperforming the market during the current month, with a 2.85% increase. This positive trend reflects the company's ability to generate higher returns compared to the broader market. Furthermore, over the past 12 months, Corning Inc shares have consistently outperformed the market, indicating sustained growth and investor confidence in the company's prospects. Corning Inc's Competitive AdvantageOne contributing factor to Corning Inc's market dominance is its commitment to innovation and the development of cutting-edge products. The company has successfully leveraged advancements in technology to stay ahead of the curve. For instance, Corning Inc's optical connectivity products for generative artificial intelligence have experienced rising demand, prompting a significant increase in the company's stock prices. This success highlights Corning Inc's ability to capitalize on emerging trends and secure a competitive edge in the industry.
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On the trailing twelve months basis Due to the net new borrowings of 1.23% during the trailing twelve months finishing in the II Quarter 2024, cumulativeLeverage Ratio improved to 1.45, above the Corning Inc's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Communications Equipment industry GLW recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 5, from total ranking in previous 12 month period at 1635.
Explain Leverage Ratio?
Who are GLW Customers?
What are GLW´s Total Liabilities?
| TTM Leverage Ratio Company Ranking |
| Within: |
No. |
| Within the Communications Equipment Industry |
# 0 |
| Technology Sector |
# 0 |
| Within the Market |
# 5 |
| trailing twelve months Leverage Ratio Statistics |
| High |
Average |
Low |
| 1.44 |
0.77 |
0.31 | | (Dec 31 2022) |
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(Sep. 30, 2011) |
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