Corning Incorporated
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Corning Incorporated's balance sheet done over the years? Its assets were worth $28,500,000,000 last year, which is less than in the previous period. 58% of Corning Incorporated’s total assets is currently financed by debt. Its liabilities reached the amount of $16,632,000,000, which means an decrease by -3% compared compared to last year.
Debt to Assets
| 2014 | 30063000000 | 8.41B | 27.98% |
|---|---|---|---|
| 2015 | 28547000000 | 9.68B | 33.92% |
| 2016 | 27899000000 | 9.93B | 35.62% |
| 2017 | 27479000000 | 11.68B | 42.52% |
| 2018 | 27505000000 | 13.61B | 49.51% |
| 2019 | 28898000000 | 15.90B | 55.02% |
| 2020 | 30775000000 | 17.32B | 56.3% |
| 2021 | 30144000000 | 17.59B | 58.38% |
| 2022 | 29499000000 | 17.22B | 58.39% |
| 2023 | 28500000000 | 16.63B | 58.36% |
0R2X.L Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.77B | 1.67B | 2.14B | 2.67B | 2.43B | 2.35B | 4.31B | 5.29B | 4.5B | 5.30B |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100M | 759M |
Net receivables | 1.57B | 1.72B | 2.00B | 2.13B | 1.83B | 1.94B | 1.80B | 1.48B | 1.37B | 1.50B |
Inventory | 2.66B | 2.90B | 2.48B | 2.43B | 2.32B | 2.03B | 1.71B | 1.47B | 1.38B | 1.32B |
Other current assets | 1.19B | 703M | 1.02B | 761M | 873M | 702M | 991M | 805M | 912M | 1.34B |
Total current assets | 7.21B | 7.45B | 7.65B | 8.00B | 7.46B | 7.03B | 8.82B | 9.04B | 8.26B | 10.23B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 15.51B | 16.21B | 15.80B | 15.76B | 15.33B | 14.89B | 14.01B | 12.54B | 12.64B | 12.76B |
Goodwill | 2.38B | 2.39B | 2.42B | 2.46B | 1.93B | 1.93B | 1.69B | 1.57B | 1.38B | 1.15B |
Intangible assets | 905M | 1.02B | 1.14B | 1.30B | 1.18B | 1.29B | 869M | 796M | 706M | 497M |
Long term investments | 414M | 360M | 318M | 435M | 334M | 376M | 340M | 336M | 1.97B | 1.80B |
Other non-current assets | 923M | 977M | 1.72B | 1.68B | 1.48B | 1.02B | 934M | 1.15B | 1.51B | 1.72B |
Total non-current assets | 21.28B | 22.04B | 22.48B | 22.77B | 21.43B | 20.47B | 18.65B | 18.85B | 20.27B | 19.82B |
Total assets | 28.5B | 29.49B | 30.14B | 30.77B | 28.89B | 27.50B | 27.47B | 27.89B | 28.54B | 30.06B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 276M | 371M | 363M | 104M | 169M | 809M | 707M | 782M | 668M |
Short term debt | 432M | 335M | 55M | 158M | 11M | 4M | 379M | 256M | 572M | 36M |
Total current liabilities | 4.31B | 5.17B | 4.80B | 3.76B | 3.52B | 3.31B | 3.20B | 2.75B | 2.81B | 2.32B |
| Non-current liabilities: | ||||||||||
Long term debt | 8.05B | 7.48B | 6.98B | 7.83B | 7.72B | 5.99B | 4.74B | 3.64B | 3.89B | 3.22B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 3.36B | 2.46B | 3.71B | 3.38B | 3.39B | 3.04B | 3.76B | 3.54B | 2.96B | 2.86B |
Total non-current liabilities | 12.31B | 12.04B | 12.79B | 13.56B | 12.38B | 10.30B | 8.47B | 7.18B | 6.87B | 6.08B |
Total liabilities | 16.63B | 17.22B | 17.59B | 17.32B | 15.90B | 13.61B | 11.68B | 9.93B | 9.68B | 8.41B |
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