Corning (GLW) Asset Writedowns and Impairment (2009 - 2020)
Corning's (GLW) quarterly Asset Writedowns and Impairment came in at $22.0 million in Q3 2020, down 88.72% quarter-over-quarter from $195.0 million in Q2 2020.
Analysis
Corning (GLW) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
Corning (GLW) has reported Asset Writedowns and Impairment for 5 consecutive years, with $22.0 million the latest figure, recorded in Q3 2020.
- For the quarter ending Q3 2020, Asset Writedowns and Impairment changed N/A year-over-year to $22.0 million; the trailing twelve-month figure through Dec 2020 stood at $217.0 million (changed N/A YoY), and the FY2020 full-year result was $217.0 million, down 41.19% from the prior year.
- Asset Writedowns and Impairment fell to $22.0 million in Q3 2020 per GLW's latest filing, from $195.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $195.0 million in Q2 2020 and bottomed at $22.0 million in Q3 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 140.57 Bn | 138.07 Bn | 1.63 Bn |
| 2 | Ati | 27.14 Bn | 26.36 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 25.86 Bn | 24.90 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.43 Bn | 20.86 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.29 Bn | 15.55 Bn | 639.00 Mn |
| 6 | Avery Dennison | 12.89 Bn | 12.67 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 9.77 Bn | 9.02 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.34 Bn | 8.15 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.81 Bn | 7.12 Bn | 560.00 Mn |
| 10 | Hexcel | 6.78 Bn | 6.72 Bn | 138.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 22.00 Mn |
| Jun 30, 2020 | 195.00 Mn |
| Dec 31, 2014 | 1.50 Bn |
| Mar 31, 2014 | 14.00 Mn |
| Dec 31, 2012 | 44.00 Mn |
| Dec 31, 2011 | 130.00 Mn |
| Dec 31, 2009 | 1.00 Mn |
| Sep 30, 2009 | 6.00 Mn |