Eastman Kodak Balance Sheet Health
Financial Health criteria checks 4/6
Eastman Kodak has a total shareholder equity of $1.1B and total debt of $457.0M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are $2.4B and $1.2B respectively. Eastman Kodak's EBIT is $166.0M making its interest coverage ratio 3.2. It has cash and short-term investments of $255.0M.
Key information
40.1%
Debt to equity ratio
US$457.00m
Debt
Interest coverage ratio | 3.2x |
Cash | US$255.00m |
Equity | US$1.14b |
Total liabilities | US$1.21b |
Total assets | US$2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IF4's short term assets ($712.0M) exceed its short term liabilities ($283.0M).
Long Term Liabilities: 0IF4's short term assets ($712.0M) do not cover its long term liabilities ($931.0M).
Debt to Equity History and Analysis
Debt Level: 0IF4's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 0IF4's debt to equity ratio has reduced from 232.9% to 40.1% over the past 5 years.
Debt Coverage: 0IF4's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 0IF4's interest payments on its debt are well covered by EBIT (3.2x coverage).