GLW: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, GLW has $29,916M in assets. $17,911M in debts.

Balance Sheets Overview

Current Ratio
155.59%
Quick Ratio
99.93%
Debt to Asset Ratio
59.87%
Assets Breakdown
Property, plant and equipment, n...
Inventories (note 5)
Trade accounts receivable, net o...
Others
Liabilities Breakdown
Treasury stock, at cost shares h...
Additional paid-in capital comm...
Retained earnings
Others

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Cash and cash equivalents	1,648	1,491	1,359	1,613
Trade accounts receivable, net of doubtful accounts - 29 and 33	2,509	2,298	2,045	1,986
Inventories (note 5)	3,104	3,084	2,896	2,793
Other current assets	1,416	1,323	1,344	1,284
Total current assets	8,677	8,196	7,644	7,676
Property, plant and equipment, net of accumulated depreciation - 15,171 and 14,492	14,397	13,881	13,360	14,059
Goodwill	2,489	2,492	2,371	2,390
Other intangible assets, net	684	711	732	814
Deferred income taxes (note 13)	1,296	1,187	1,183	1,211
Other assets	2,373	2,278	2,104	2,172
Total assets	29,916	28,745	27,394	28,322

Current portion of long-term debt and short-term borrowings (note 8)	812	786	283	335
Accounts payable	2,029	1,931	1,737	1,565
Other accrued liabilities (notes 7 and 10)	2,736	2,758	2,503	2,737
Total current liabilities	5,577	5,475	4,523	4,637
Long-term debt (note 8)	7,407	6,714	6,954	7,073
Postretirement benefits other than pensions (note 9)	301	302	333	357
Other liabilities (notes 7 and 10)	4,626	4,709	4,456	4,788
Total liabilities	17,911	17,200	16,266	16,855
Common stock par value 0.50 per share shares authorized 3.8 billion shares issued 1.8 billion and 1.8 billion	924	923	922	920
Additional paid-in capital common stock	17,503	17,389	17,327	17,177
Retained earnings	16,253	15,823	15,839	15,859
Treasury stock, at cost shares held 992 million and 987 million	21,127	21,085	21,012	20,845
Accumulated other comprehensive loss	-2,017	-1,934	-2,360	-2,008
Total corning incorporated shareholders equity	11,536	11,116	10,716	11,103
Non-controlling interest	469	429	412	364
Total equity	12,005	11,545	11,128	11,467
Total liabilities and equity	29,916	28,745	27,394	28,322

MyFinsight

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio155.59%Quick Ratio99.93%Debt to Asset Ratio59.87%Assets BreakdownProperty, plant and equipment, n...Inventories (note 5)Trade accounts receivable, net o...OthersLiabilities BreakdownTreasury stock, at cost shares h...Additional paid-in capital comm...Retained earningsOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio155.59%Quick Ratio99.93%Debt to Asset Ratio59.87%Assets BreakdownProperty, plant and equipment, n...Inventories (note 5)Trade accounts receivable, net o...OthersLiabilities BreakdownTreasury stock, at cost shares h...Additional paid-in capital comm...Retained earningsOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets