Eastman Kodak Financials

KODK Stock  USD 4.95  0.15  3.13%   
Based on the analysis of Eastman Kodak's profitability, liquidity, and operating efficiency, Eastman Kodak Co is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. At this time, Eastman Kodak's Long Term Debt Total is quite stable compared to the past year. Additional Paid In Capital is expected to rise to about 761.9 M this year, although the value of Other Current Liabilities will most likely fall to about 101.7 M. Key indicators impacting Eastman Kodak's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.642.5159
Sufficiently Up
Slightly volatile
The financial analysis of Eastman Kodak is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Eastman Kodak includes many different criteria found on its balance sheet. For example, investors should never minimize Eastman Kodak's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Eastman Kodak's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Eastman Kodak.

Net Income

142.75 Million

With this module, you can analyze Eastman financials for your investing period. You should be able to track the changes in Eastman Kodak individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Eastman Kodak Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eastman Kodak's financial statements are interrelated, with each one affecting the others. For example, an increase in Eastman Kodak's assets may result in an increase in income on the income statement.
Evaluating Eastman Kodak's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Eastman Kodak's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Eastman Kodak's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Eastman Kodak Co has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Eastman Kodak stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Eastman Kodak's odds of distress score SHOULD NOT be confused with the real chance of Eastman Kodak Co filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Eastman is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Eastman Kodak's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Eastman Kodak's official financial statements usually reflect Eastman Kodak's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eastman Kodak. For example, before you start analyzing numbers published by Eastman accountants, it's critical to develop an understanding of what Eastman Kodak's liquidity, profitability, and earnings quality are in the context of the Technology Hardware, Storage & Peripherals space in which it operates.
Please note, the presentation of Eastman Kodak's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastman Kodak's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Eastman Kodak's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eastman Kodak Co. Please utilize our Beneish M Score to check the likelihood of Eastman Kodak's management manipulating its earnings.

Eastman Kodak Company Summary

Eastman Kodak competes with BrightView Holdings, First Advantage, LegalZoom, SP Plus, and Target Hospitality. Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York. Eastman Kodak operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 4200 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000031235
ISINUS2774614067
CUSIP277461406
RegionNorth America
LocationNew York; U.S.A
Business Address343 State Street,
SectorTechnology Hardware, Storage & Peripherals
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.kodak.com
Phone800 356 3259
CurrencyUSD - US Dollar
You should never invest in Eastman Kodak without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Eastman Stock, because this is throwing your money away. Analyzing the key information contained in Eastman Kodak's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Eastman Kodak Key Financial Ratios

Generally speaking, Eastman Kodak's financial ratios allow both analysts and investors to convert raw data from Eastman Kodak's financial statements into concise, actionable information that can be used to evaluate the performance of Eastman Kodak over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Eastman Kodak reports annually and quarterly.

Eastman Kodak Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.2B2.2B2.3B2.4B2.2B
Other Current Liab155M118M99M103M107M101.7M
Net Debt(62M)(116M)(50M)146M228M216.6M
Retained Earnings(79M)(620M)(596M)(570M)(495M)(470.3M)
Cash233M196M362M217M267M253.7M
Net Receivables232M208M177M175M196M186.2M
Inventory215M206M219M237M217M206.2M
Other Current Assets36M39M49M48M32M30.4M
Total Liab1.1B980M1.2B1.0B1.2B1.2B
Total Current Assets706M627M807M681M712M676.4M
Intangible Assets47M39M34M28M24M22.8M
Accounts Payable149M153M118M134M125M118.8M
Other Liab609M618M587M401M360.9M342.9M
Other Assets420M370M1.1B1.3B1.2B930.8M
Long Term Debt109M14M253M315M456M819M
Net Tangible Assets222M26M931M1.0B1.2B1.2B
Long Term Debt Total5M109M17M253M227.7M433.6M
Capital Surpluse617M604M1.2B1.2B1.0B666.4M

Eastman Kodak Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Eastman Kodak's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense16M12M33M40M55M52.3M
Total Revenue1.2B1.0B1.2B1.2B1.1B1.1B
Gross Profit182M135M164M170M210M199.5M
Operating Income37M35M56M81M16M15.2M
Ebit37M35M56M81M16M15.2M
Ebitda92M72M87M110M46M43.7M
Cost Of Revenue1.1B894M986M1.0B907M861.7M
Income Before Tax(60M)(376M)28M31M87M82.7M
Net Income(91M)(544M)24M26M75M142.7M
Income Tax Expense31M168M4M5M12M11.4M
Research Development48M42M34M33M30.6M29.1M
Non Recurring87M17M16M6M5.4M5.1M
Tax Provision31M168M4M5M12M20.8M
Interest Income4M0.061M1M15M16.4M
Net Interest Income(16M)(12M)(33M)(40M)(37M)(38.9M)

Eastman Kodak Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Eastman Kodak. It measures of how well Eastman is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Eastman Kodak brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Eastman had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Eastman Kodak has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash23M(34M)167M(137M)43M32.7M
Free Cash Flow(3M)(52M)(68M)(147M)6M5.7M
Depreciation55M37M31M29M30M28.5M
Other Non Cash Items(234M)311M(93M)(80M)(112M)(106.4M)
Capital Expenditures15M17M21M31M32M30.4M
Net Income116M(541M)24M26M75M71.3M
End Period Cash Flow267M290M256M423M286M253.7M
Dividends Paid8M3M22M7M(4M)(3.8M)
Investments311M(13M)(20M)(56M)(32M)(30.4M)
Net Borrowings(285M)(1M)238M48M43.2M26.2M
Change To Netincome(104M)486M(71M)(80M)(72M)(68.4M)

Eastman Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eastman Kodak's current stock value. Our valuation model uses many indicators to compare Eastman Kodak value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eastman Kodak competition to find correlations between indicators driving Eastman Kodak's intrinsic value. More Info.
Eastman Kodak Co is currently regarded as number one stock in return on asset category among related companies. It is currently regarded as number one stock in price to earning category among related companies reporting about  5,205  of Price To Earning per Return On Asset. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eastman Kodak by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eastman Kodak's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eastman Kodak's earnings, one of the primary drivers of an investment's value.

Eastman Kodak Systematic Risk

Eastman Kodak's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eastman Kodak volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Eastman Kodak correlated with the market. If Beta is less than 0 Eastman Kodak generally moves in the opposite direction as compared to the market. If Eastman Kodak Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eastman Kodak is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eastman Kodak is generally in the same direction as the market. If Beta > 1 Eastman Kodak moves generally in the same direction as, but more than the movement of the benchmark.

About Eastman Kodak Financials

What exactly are Eastman Kodak Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Eastman Kodak's income statement, its balance sheet, and the statement of cash flows. Potential Eastman Kodak investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Eastman Kodak investors may use each financial statement separately, they are all related. The changes in Eastman Kodak's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastman Kodak's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Eastman Kodak Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Eastman Kodak is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Eastman has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Eastman Kodak's financials are consistent with your investment objective using the following steps:
  • Review Eastman Kodak's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Eastman Kodak's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Eastman Kodak's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Eastman Kodak's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Eastman Kodak Thematic Clasifications

Eastman Kodak Co is part of Sport Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Sporting goods sport accessories. Companies manufacturing sporting goods and accessories
Sport ProductsView
This theme covers Sporting goods sport accessories. Companies manufacturing sporting goods and accessories. Get More Thematic Ideas
Today, most investors in Eastman Kodak Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eastman Kodak's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eastman Kodak growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0429

At this time, Eastman Kodak's Price Earnings To Growth Ratio is quite stable compared to the past year.

Eastman Kodak March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Eastman Kodak help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eastman Kodak Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastman Kodak Co based on widely used predictive technical indicators. In general, we focus on analyzing Eastman Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastman Kodak's daily price indicators and compare them against related drivers.
When determining whether Eastman Kodak is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eastman Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eastman Kodak Co Stock. Highlighted below are key reports to facilitate an investment decision about Eastman Kodak Co Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eastman Kodak Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Eastman Kodak information on this page should be used as a complementary analysis to other Eastman Kodak's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Eastman Kodak's price analysis, check to measure Eastman Kodak's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastman Kodak is operating at the current time. Most of Eastman Kodak's value examination focuses on studying past and present price action to predict the probability of Eastman Kodak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Kodak's price. Additionally, you may evaluate how the addition of Eastman Kodak to your portfolios can decrease your overall portfolio volatility.
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Is Eastman Kodak's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Kodak. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Kodak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.67
Revenue Per Share
14.068
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0447
The market value of Eastman Kodak is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Kodak's value that differs from its market value or its book value, called intrinsic value, which is Eastman Kodak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Kodak's market value can be influenced by many factors that don't directly affect Eastman Kodak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastman Kodak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Kodak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Kodak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.