Eastman Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Eastman Chemical has a total shareholder equity of $5.9B and total debt of $5.1B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are $15.2B and $9.4B respectively. Eastman Chemical's EBIT is $1.4B making its interest coverage ratio 6.9. It has cash and short-term investments of $856.0M.
Key information
86.7%
Debt to equity ratio
US$5.08b
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$856.00m |
| Equity | US$5.85b |
| Total liabilities | US$9.36b |
| Total assets | US$15.21b |
Recent financial health updates
Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
Mar 12
Is Eastman Chemical (NYSE:EMN) Using Too Much Debt?
Sep 08Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
May 08Recent updates
Investors Give Eastman Chemical Company (NYSE:EMN) Shares A 26% Hiding
Apr 09Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
Mar 12Results: Eastman Chemical Company Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 18Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Feb 06Following Up On A Correctly-Rated Eastman Chemical Company In 2025 (Rating Upgrade)
Jan 26Are Investors Undervaluing Eastman Chemical Company (NYSE:EMN) By 47%?
Jan 10Investors Continue Waiting On Sidelines For Eastman Chemical Company (NYSE:EMN)
Dec 23Eastman Chemical (NYSE:EMN) Has Announced That It Will Be Increasing Its Dividend To $0.83
Dec 09Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Oct 24Eastman Chemical: Difficult To See Upside At This Valuation (Rating Downgrade)
Oct 14Is Eastman Chemical (NYSE:EMN) Using Too Much Debt?
Sep 08
Transforming Challenges Into Opportunities With Green Chemical Recycling And Innovative Growth
Aug 22 Expansion in sustainable solutions like chemical recycling and the Tritan product line indicates potential for revenue growth and market share increase.We Ran A Stock Scan For Earnings Growth And Eastman Chemical (NYSE:EMN) Passed With Ease
Aug 15Eastman Chemical Company (NYSE:EMN) Shares Could Be 33% Below Their Intrinsic Value Estimate
Jul 28Eastman Chemical Company's (NYSE:EMN) Share Price Is Matching Sentiment Around Its Earnings
Jul 16Eastman Chemical Running In Place (Rating Downgrade)
Jul 10Is Now An Opportune Moment To Examine Eastman Chemical Company (NYSE:EMN)?
Jun 03Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
May 08It's Probably Less Likely That Eastman Chemical Company's (NYSE:EMN) CEO Will See A Huge Pay Rise This Year
Apr 26Eastman Chemical: Cyclical But Resilient
Apr 25Eastman Chemical: Structural Disappointments
Nov 22Eastman Chemical: Shares Are Already Pricing In Recovery
Nov 01Eastman Chemical: Sales Volumes Need To Stabilize
Sep 18Eastman Chemical Benefits From Reversal In Gas And NGL Costs
Jul 033 Reasons To Consider Eastman Chemical Company
May 30Eastman Chemical: A Sporty Valuation But A Bearish Chart Post-Earnings
Feb 26Financial Position Analysis
Short Term Liabilities: EMN's short term assets ($4.1B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: EMN's short term assets ($4.1B) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: EMN's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: EMN's debt to equity ratio has reduced from 95.9% to 86.7% over the past 5 years.
Debt Coverage: EMN's debt is well covered by operating cash flow (25.4%).
Interest Coverage: EMN's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/14 05:02 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eastman Chemical Company is covered by 41 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Leithead | Barclays |
| Sergey Vasnetsov | Barclays |
| Frank Mitsch | BB&T Capital Markets |