Is it safe?
Can GLW take a bad year?
Corning Inc. carries $7.22B of net debt at 2.27× EBITDA: a load its earnings can carry.
$7.22B
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.27×
Net debt / EBITDA · 2.96× a year ago · the load is coming down
- Altman Z-score
- 7.29
Altman Z-score · safe zone, above 3
- Interest cover
- 7.15×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $8.97B
- Cash and short-term investments
- $1.75B
- Net debt
- $7.22B
- EBITDA, trailing twelve months
- $3.19B
- Operating profit, trailing twelve months
- $2.47B
- Debt / equity
- 0.76×
- Total debt / EBITDA
- 2.82×
- Annualised volatilitytwo years of daily moves
- 52%
- Worst drawdown on file
- −49%
- Below its 52-week high
- −27%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Electronic Components
Ranks #6 of 23 by Smart Score