Stock Analysis on Net

Corning Inc. (NYSE:GLW)

$22.49

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

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Corning Inc., asset turnover by geographic area

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
North America
Asia Pacific
Europe
All Other

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).

Area activity ratio Geographic area The company
Area asset turnover North America North America area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.
Asia Pacific Asia Pacific area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.
Europe Europe area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.
All Other All Other area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Area Asset Turnover: North America

Corning Inc.; North America; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Net sales
Long-lived assets
Area Activity Ratio
Area asset turnover1

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).

1 2023 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= ÷ =

Area activity ratio Geographic area The company
Area asset turnover North America North America area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Area Asset Turnover: Asia Pacific

Corning Inc.; Asia Pacific; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Net sales
Long-lived assets
Area Activity Ratio
Area asset turnover1

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).

1 2023 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= ÷ =

Area activity ratio Geographic area The company
Area asset turnover Asia Pacific Asia Pacific area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Area Asset Turnover: Europe

Corning Inc.; Europe; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Net sales
Long-lived assets
Area Activity Ratio
Area asset turnover1

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).

1 2023 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= ÷ =

Area activity ratio Geographic area The company
Area asset turnover Europe Europe area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area Asset Turnover: All Other

Corning Inc.; All Other; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Net sales
Long-lived assets
Area Activity Ratio
Area asset turnover1

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).

1 2023 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= ÷ =

Area activity ratio Geographic area The company
Area asset turnover All Other All Other area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Net sales

Corning Inc., net sales by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
North America
Asia Pacific
Europe
All Other
Total

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).


Long-lived assets

Corning Inc., long-lived assets by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
North America
Asia Pacific
Europe
All Other
Total

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).