Stock Analysis on Net
Stock Analysis on Net

Corning Inc. (NYSE:GLW)

This company has been moved to the archive! The financial data has not been updated since May 2, 2024.

Debt to Equity 
since 2005

Microsoft Excel

Calculation

Corning Inc., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Long-term debt and short-term borrowings1 ÷ Total Corning Incorporated shareholders’ equity1
Dec 31, 2023 0.65 = 7,526 ÷ 11,551
Dec 31, 2022 0.58 = 6,911 ÷ 12,008
Dec 31, 2021 0.57 = 7,044 ÷ 12,333
Dec 31, 2020 0.60 = 7,972 ÷ 13,257
Dec 31, 2019 0.60 = 7,740 ÷ 12,907
Dec 31, 2018 0.43 = 5,998 ÷ 13,792
Dec 31, 2017 0.33 = 5,128 ÷ 15,698
Dec 31, 2016 0.22 = 3,902 ÷ 17,893
Dec 31, 2015 0.24 = 4,482 ÷ 18,788
Dec 31, 2014 0.15 = 3,263 ÷ 21,579
Dec 31, 2013 0.16 = 3,293 ÷ 21,162
Dec 31, 2012 0.16 = 3,458 ÷ 21,486
Dec 31, 2011 0.11 = 2,391 ÷ 21,078
Dec 31, 2010 0.12 = 2,319 ÷ 19,375
Dec 31, 2009 0.13 = 2,004 ÷ 15,543
Dec 31, 2008 0.12 = 1,605 ÷ 13,443
Dec 31, 2007 0.16 = 1,537 ÷ 9,496
Dec 31, 2006 0.24 = 1,716 ÷ 7,246
Dec 31, 2005 0.33 = 1,807 ÷ 5,487

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Corning Inc., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Corning Inc. Apple Inc. Arista Networks Inc. Cisco Systems Inc. Super Micro Computer Inc.
Dec 31, 2023 0.65 1.79 0.00 0.19 0.15
Dec 31, 2022 0.58 2.37 0.00 0.24 0.42
Dec 31, 2021 0.57 1.98 0.00 0.28 0.09
Dec 31, 2020 0.60 1.72 0.00 0.38 0.03
Dec 31, 2019 0.60 1.19 0.00 0.73 0.03
Dec 31, 2018 0.43 1.07 0.02 0.59 0.14
Dec 31, 2017 0.33 0.86 0.02 0.51 0.21
Dec 31, 2016 0.22 0.68 0.04 0.45 0.13
Dec 31, 2015 0.24 0.54 0.05 0.42 0.15
Dec 31, 2014 0.15 0.32 0.08 0.37 0.10
Dec 31, 2013 0.16 0.14 — 0.27 0.09
Dec 31, 2012 0.16 0.00 — 0.32 0.10
Dec 31, 2011 0.11 0.00 — 0.36 0.10
Dec 31, 2010 0.12 0.00 — 0.35 0.08
Dec 31, 2009 0.13 0.00 — 0.27 0.06
Dec 31, 2008 0.12 0.00 — 0.20 0.07
Dec 31, 2007 0.16 0.00 — 0.20 0.10
Dec 31, 2006 0.24 0.00 — 0.26 —
Dec 31, 2005 0.33 0.00 — 0.00 —

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Technology Hardware & Equipment)

Corning Inc., debt to equity, long-term trends, comparison to sector (technology hardware & equipment)

Microsoft Excel
Corning Inc. Technology Hardware & Equipment
Dec 31, 2023 0.65 1.04
Dec 31, 2022 0.58 1.35
Dec 31, 2021 0.57 1.25
Dec 31, 2020 0.60 1.18
Dec 31, 2019 0.60 1.04
Dec 31, 2018 0.43 0.91
Dec 31, 2017 0.33 0.74
Dec 31, 2016 0.22 0.60
Dec 31, 2015 0.24 0.50
Dec 31, 2014 0.15 0.33
Dec 31, 2013 0.16 0.18
Dec 31, 2012 0.16 0.10
Dec 31, 2011 0.11 0.14
Dec 31, 2010 0.12 0.17
Dec 31, 2009 0.13 0.15
Dec 31, 2008 0.12 0.12
Dec 31, 2007 0.16 0.14
Dec 31, 2006 0.24 0.19
Dec 31, 2005 0.33 0.00

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Information Technology)

Corning Inc., debt to equity, long-term trends, comparison to industry (information technology)

Microsoft Excel
Corning Inc. Information Technology
Dec 31, 2023 0.65 0.62
Dec 31, 2022 0.58 0.66
Dec 31, 2021 0.57 0.76
Dec 31, 2020 0.60 0.86
Dec 31, 2019 0.60 0.87
Dec 31, 2018 0.43 0.82
Dec 31, 2017 0.33 0.80
Dec 31, 2016 0.22 0.65
Dec 31, 2015 0.24 0.56
Dec 31, 2014 0.15 0.38
Dec 31, 2013 0.16 0.29
Dec 31, 2012 0.16 0.24
Dec 31, 2011 0.11 0.27
Dec 31, 2010 0.12 0.24
Dec 31, 2009 0.13 0.25
Dec 31, 2008 0.12 0.28
Dec 31, 2007 0.16 0.26
Dec 31, 2006 0.24 0.19
Dec 31, 2005 0.33 0.15

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).