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GuruFocus has detected 6 Warning Signs with Corning Inc \$GLW.
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Corning Inc (NYSE:GLW)
Total Equity
\$18,308 Mil (As of Mar. 2017)

Corning Inc's total equity for the quarter that ended in Mar. 2017 was \$18,308 Mil.

Total equity is used to calculate book value per share. Corning Inc's book value per share for the quarter that ended in Mar. 2017 was \$17.40. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Corning Inc's debt to equity ratio for the quarter that ended in Mar. 2017 was 0.21.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Corning Inc's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Mar. 2017 ) - Total Liabilities(Q: Mar. 2017 ) = 27899 - 10006 = 17,893

Corning Inc's Total Equity for the quarter that ended in Mar. 2017 is calculated as

 Total Equity = Total Assets(Q: Mar. 2017 ) - Total Liabilities(Q: Mar. 2017 ) = 28305 - 9997 = 18,308

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

1. Total equity is used to calculate book value per share.

Corning Inc's Book Value Per Share for the quarter that ended in Mar. 2017 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (18308 - 2300) / 920.00 = 17.40

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Corning Inc's Debt to Equity Ratio for the quarter that ended in Mar. 2017 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (257 + 3669) / 18308 = 0.21

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Corning Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 9,496 13,443 15,543 19,375 21,078 21,486 21,162 21,579 18,788 17,893

Corning Inc Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Total Equity 21,579 21,298 20,983 19,997 18,788 17,918 19,609 17,721 17,893 18,308
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