Corning (GLW) Short-term Investments (2009 - 2023)
Corning (GLW) reported Short-term Investments of $501.0 million for Q4 2023, up 10.35% on a YoY basis from $454.0 million in Q4 2022, and up 10.35% quarter-over-quarter from $454.0 million in Q4 2022.
Corning (GLW) Short-term Investments (2009 - 2023) Analysis & Trends
Corning has reported Short-term Investments for 15 years, with the latest figure at $501.0 million in Q4 2023.
- For the quarter ending Q4 2023, Short-term Investments rose 10.35% year-over-year to $501.0 million; the trailing twelve-month figure through Dec 2023 stood at $501.0 million (up 10.35% YoY), and the FY2023 full-year result was $501.0 million, up 10.35% from the prior year.
- Short-term Investments for Q4 2023 stood at $501.0 million, up from $454.0 million in the prior quarter.
- The five-year high for Short-term Investments was $501.0 million in Q4 2023, with the low at $148.0 million in Q4 2020.
- Historically, Short-term Investments has averaged $319.2 million across 5 years, with a median of $336.0 million in 2021.
- Annual changes were most pronounced in 2020 — Short-term Investments fell 5.73% — and 2021, when it soared 127.03%.
- Corning's Short-term Investments stood at $157.0 million in 2019, then fell by 5.73% to $148.0 million in 2020, then soared by 127.03% to $336.0 million in 2021, then jumped by 35.12% to $454.0 million in 2022, then climbed by 10.35% to $501.0 million in 2023.
- The last three Short-term Investments figures came in at $501.0 million (Q4 2023), $454.0 million (Q4 2022), and $336.0 million (Q4 2021), 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 |
|---|---|
| Dec 31, 2023 | 501.00 Mn |
| Dec 31, 2022 | 454.00 Mn |
| Dec 31, 2021 | 336.00 Mn |
| Dec 31, 2020 | 148.00 Mn |
| Dec 31, 2019 | 157.00 Mn |
| Dec 31, 2018 | 103.00 Mn |
| Dec 31, 2017 | 197.00 Mn |
| Mar 31, 2017 | 28.00 Mn |
| Dec 31, 2016 | 435.00 Mn |
| Jun 30, 2016 | 103.00 Mn |
| Mar 31, 2016 | 336.00 Mn |
| Dec 31, 2015 | 100.00 Mn |
| Sep 30, 2015 | 573.00 Mn |
| Jun 30, 2015 | 505.00 Mn |
| Mar 31, 2015 | 763.00 Mn |
| Dec 31, 2014 | 687.00 Mn |
| Sep 30, 2014 | 751.00 Mn |
| Jun 30, 2014 | 768.00 Mn |
| Mar 31, 2014 | 644.00 Mn |
| Dec 31, 2013 | 372.00 Mn |