Eastman Kodak Balance Sheet Health
Financial Health criteria checks 2/6
Eastman Kodak has a total shareholder equity of $1.2B and total debt of $461.0M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are $2.4B and $1.2B respectively. Eastman Kodak's EBIT is $149.0M making its interest coverage ratio 2.4. It has cash and short-term investments of $214.0M.
Key information
38.5%
Debt to equity ratio
US$461.00m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$214.00m |
| Equity | US$1.20b |
| Total liabilities | US$1.19b |
| Total assets | US$2.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IF4's short term assets ($642.0M) exceed its short term liabilities ($266.0M).
Long Term Liabilities: 0IF4's short term assets ($642.0M) do not cover its long term liabilities ($924.0M).
Debt to Equity History and Analysis
Debt Level: 0IF4's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 0IF4's debt to equity ratio has increased from 29.6% to 38.5% over the past 5 years.
Debt Coverage: 0IF4's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: 0IF4's interest payments on its debt are not well covered by EBIT (2.4x coverage).