Corning (GLW) Non-cash Items (2009 - 2024)
Corning (GLW) reported Non-cash Items of $5.0 million for Q3 2024, down 91.09% on a YoY basis from $55.8 million in Q4 2023, and down 16.5% quarter-over-quarter from $6.0 million in Q2 2024.
Corning (GLW) Non-cash Items (2009 - 2024) Analysis & Trends
Corning has reported Non-cash Items for 14 years, with the latest figure at $5.0 million in Q3 2024.
- For the quarter ending Q3 2024, Non-cash Items fell 91.09% year-over-year to $5.0 million; the trailing twelve-month figure through Sep 2024 stood at $5.0 million (down 91.09% YoY), and the FY2023 full-year result was $7.5 million, down 91.67% from the prior year.
- Non-cash Items for Q3 2024 stood at $5.0 million, down from $6.0 million in the prior quarter.
- The five-year high for Non-cash Items was $240.6 million in Q2 2021, with the low at $5.0 million in Q3 2024.
- Historically, Non-cash Items has averaged $80.1 million across 5 years, with a median of $63.1 million in 2024.
- Annual changes were most pronounced in 2021 — Non-cash Items surged 2494.88% — and 2023, when it tumbled 91.67%.
- Corning's Non-cash Items stood at $8.6 million in 2020, then jumped by 1954.52% to $177.6 million in 2021, then slumped by 49.34% to $90.0 million in 2022, then plunged by 91.67% to $7.5 million in 2023, then slumped by 33.67% to $5.0 million in 2024.
- The last three Non-cash Items figures came in at $5.0 million (Q3 2024), $6.0 million (Q2 2024), and $63.1 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 4.97 Mn |
| Sep 30, 2024 | 4.97 Mn |
| Jun 30, 2024 | 5.96 Mn |
| Jun 30, 2024 | 5.96 Mn |
| Mar 31, 2024 | 63.07 Mn |
| Mar 31, 2024 | 63.07 Mn |
| Dec 31, 2023 | 7.50 Mn |
| Dec 31, 2023 | 7.50 Mn |
| Sep 30, 2023 | 55.83 Mn |
| Sep 30, 2023 | 55.83 Mn |
| Jun 30, 2023 | 7.84 Mn |
| Jun 30, 2023 | 7.84 Mn |
| Mar 31, 2023 | 105.99 Mn |
| Mar 31, 2023 | 105.99 Mn |
| Dec 31, 2022 | 89.99 Mn |
| Dec 31, 2022 | 89.99 Mn |
| Sep 30, 2022 | 68.68 Mn |
| Sep 30, 2022 | 68.68 Mn |
| Jun 30, 2022 | 93.77 Mn |
| Jun 30, 2022 | 93.77 Mn |