Eastman Chemical Stock Current Asset

EAC Stock  EUR 100.90  0.20  0.20%   
Eastman Chemical fundamentals help investors to digest information that contributes to Eastman Chemical's financial success or failures. It also enables traders to predict the movement of Eastman Stock. The fundamental analysis module provides a way to measure Eastman Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eastman Chemical stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eastman Chemical Company Current Asset Analysis

Eastman Chemical's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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Liquid Assets

More About Current Asset | All Equity Analysis
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Eastman Chemical has a Current Asset of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Chemicals industry. The current asset for all Germany stocks is 100.0% higher than that of the company.

Eastman Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastman Chemical's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastman Chemical could also be used in its relative valuation, which is a method of valuing Eastman Chemical by comparing valuation metrics of similar companies.
Eastman Chemical is currently under evaluation in current asset category among its peers.

Eastman Fundamentals

About Eastman Chemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastman Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastman Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastman Chemical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Information and Resources on Investing in Eastman Stock

When determining whether Eastman Chemical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastman Chemical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastman Chemical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastman Chemical Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastman Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Eastman Stock please use our How to Invest in Eastman Chemical guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Please note, there is a significant difference between Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical'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.