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Corning Inc  (GLW)
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    Sector  Technology    Industry Communications Equipment

Corning Inc's Total Debt to Equity

GLW's quarterly Total Debt to Equity and Total Debt, Equity growth


In Spite of the debt repayement of -1.14%, in II Quarter 2024 ,Total Debt to Equity deteriorated to 0.67 is above the company's typical Total Debt to Equity.

Within Communications Equipment industry Corning Inc achieved the lowest Total Debt to Equity in the second quarter 2024. While Total Debt to Equity total ranking has improved so far in the second quarter 2024 to 441, from total ranking in the first quarter 2024 at 1318 .

Explain Debt to Equity Ratio?
What is the structure of GLW´s Total Debt?
How valuable is the GLW´s Equity?


GLW Total Debt to Equity (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 Debt Change -4.46 % 7.55 % 8.9 % 11.5 % 12.15 %
Total Debt to Equity MRQ 0.67 0.64 0.63 0.64 0.65
GLW's Total Ranking # 441 # 1318 # 1319 # 240 # 1655
Seq. Equity Change -5.47 % -2.6 % 1.06 % 0.29 % -4.07 %
Seq. Total Debt Change -1.14 % -2.1 % 0.25 % -1.53 % 11.28 %



Total Debt to Equity second quarter 2024 Company Ranking
Within: No.
Communications Equipment Industry # 0
Technology Sector # 45
Overall Market # 441


Total Debt to Equity Statistics
High Average Low
0.74 0.33 0.11
(Sep. 30, 2004)   (Sep. 30, 2011)




Financial Statements
Corning Inc's Equity $ 10,927 Millions Visit GLW's Balance sheet
Corning Inc's Total Debt $ 7,284 Millions Visit GLW's Balance sheet
Source of GLW's Sales Visit GLW's Sales by Geography


Cumulative Corning Inc's Total Debt to Equity

GLW's Total Debt to Equity for the trailling 12 Months

GLW Total Debt to Equity

(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 Debt TTM Growth -4.46 % 7.55 % 8.9 % 11.5 % 12.15 %
Total Debt to Equity TTM 0.64 0.64 0.62 0.6 0.59
Total Ranking TTM # 698 # 54 # 9 # 93 # 69
Seq. Equity TTM Growth -5.47 % -2.6 % 1.06 % 0.29 % -4.07 %
Seq. Total Debt TTM Growth -1.14 % -2.1 % 0.25 % -1.53 % 11.28 %


On the trailing twelve months basis Due to debt repayement of -1.14% Corning Inc has not changed Total Debt to Equity in the 12 months ending in II Quarter 2024 to 0.64, a new company high.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Communications Equipment industry GLW recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the II Quarter 2024, compared to the prior period, from 54 to 698.

Explain Debt to Equity Ratio?
What is the structure of GLW´s Total Debt?
How valuable is the GLW´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Communications Equipment Industry # 1
Technology Sector # 78
Within the Market # 698


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.64 0.29 0
(Jun 30 2024)   (Dec 31 2013)




Companies with similar Total Debt to Equity in the quarter ending Jun 30 2024, within Communications Equipment Industry Total Debt to EquityJun 30 2024 MRQ Total DebtJun 30 2024 MRQ Equity
Belden Inc   0.95 $ 1,164.840  Millions$ 1,219.877  Millions
  0.77 $ 0.723  Millions$ 0.936  Millions
Corning Inc  0.67 $ 7,284.000  Millions$ 10,927.000  Millions
Optical Cable Corporation  0.49 $ 9.922  Millions$ 20.354  Millions
Powerfleet Inc   0.36 $ 139.561  Millions$ 390.548  Millions
Knightscope inc   0.35 $ 3.917  Millions$ 11.176  Millions
Esco Technologies inc   0.14 $ 173.000  Millions$ 1,193.686  Millions

Date modified: 2024-09-07T16:24:59+00:00



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