Eastman Good Will vs Other Current Liab Analysis

KODK Stock  USD 5.17  0.32  5.83%   
Eastman Kodak financial indicator trend analysis is much more than just examining Eastman Kodak latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastman Kodak is a good investment. Please check the relationship between Eastman Kodak Good Will and its Other Current Liab accounts. 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Good Will vs Other Current Liab

Good Will vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastman Kodak Good Will account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eastman Kodak's Good Will and Other Current Liab is 0.98. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Eastman Kodak Co, assuming nothing else is changed. The correlation between historical values of Eastman Kodak's Good Will and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Eastman Kodak Co are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Good Will i.e., Eastman Kodak's Good Will and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Liab

Most indicators from Eastman Kodak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastman Kodak current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Eastman Kodak's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.17 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense33M40M52M49.4M
Depreciation And Amortization31M29M30M28.5M

Eastman Kodak fundamental ratios Correlations

0.830.980.910.550.970.830.930.570.970.00.570.980.80.420.990.940.320.640.960.970.730.930.960.960.63
0.830.870.940.030.690.840.920.850.72-0.180.850.870.860.820.780.6-0.230.930.660.890.740.60.670.910.89
0.980.870.960.430.950.830.970.640.92-0.160.641.00.830.50.980.90.210.720.920.990.750.90.930.980.7
0.910.940.960.170.820.840.980.750.81-0.240.750.950.880.710.890.76-0.060.880.790.960.840.750.810.970.86
0.550.030.430.170.680.310.25-0.260.670.34-0.260.430.11-0.520.580.750.94-0.280.730.380.110.760.70.33-0.28
0.970.690.950.820.680.750.850.420.96-0.060.420.940.670.220.990.990.510.480.990.930.670.991.00.910.48
0.830.840.830.840.310.750.890.420.820.110.420.830.660.520.80.730.030.680.750.790.680.70.760.830.65
0.930.920.970.980.250.850.890.660.85-0.170.660.970.830.650.920.810.00.830.830.950.770.790.850.970.81
0.570.850.640.75-0.260.420.420.660.4-0.41.00.640.790.860.520.29-0.410.880.370.720.570.320.370.710.85
0.970.720.920.810.670.960.820.850.40.190.40.920.710.270.960.960.450.510.970.890.660.940.960.880.5
0.0-0.18-0.16-0.240.34-0.060.11-0.17-0.40.19-0.4-0.17-0.06-0.28-0.090.030.25-0.280.04-0.21-0.21-0.02-0.03-0.2-0.29
0.570.850.640.75-0.260.420.420.661.00.4-0.40.640.790.860.520.29-0.410.880.370.720.570.320.370.710.85
0.980.871.00.950.430.940.830.970.640.92-0.170.640.820.50.980.90.210.720.920.990.730.890.930.980.7
0.80.860.830.880.110.670.660.830.790.71-0.060.790.820.70.730.6-0.140.830.650.840.660.580.640.820.79
0.420.820.50.71-0.520.220.520.650.860.27-0.280.860.50.70.350.11-0.710.960.180.550.580.10.190.60.95
0.990.780.980.890.580.990.80.920.520.96-0.090.520.980.730.350.960.380.60.970.960.730.960.980.950.59
0.940.60.90.760.750.990.730.810.290.960.030.290.90.60.110.960.590.380.990.870.640.990.990.840.38
0.32-0.230.21-0.060.940.510.030.0-0.410.450.25-0.410.21-0.14-0.710.380.59-0.50.550.17-0.030.610.530.11-0.48
0.640.930.720.88-0.280.480.680.830.880.51-0.280.880.720.830.960.60.38-0.50.440.750.730.370.450.790.98
0.960.660.920.790.730.990.750.830.370.970.040.370.920.650.180.970.990.550.440.90.640.990.990.880.43
0.970.890.990.960.380.930.790.950.720.89-0.210.720.990.840.550.960.870.170.750.90.750.870.910.990.73
0.730.740.750.840.110.670.680.770.570.66-0.210.570.730.660.580.730.64-0.030.730.640.750.630.670.780.79
0.930.60.90.750.760.990.70.790.320.94-0.020.320.890.580.10.960.990.610.370.990.870.630.990.850.38
0.960.670.930.810.71.00.760.850.370.96-0.030.370.930.640.190.980.990.530.450.990.910.670.990.890.46
0.960.910.980.970.330.910.830.970.710.88-0.20.710.980.820.60.950.840.110.790.880.990.780.850.890.79
0.630.890.70.86-0.280.480.650.810.850.5-0.290.850.70.790.950.590.38-0.480.980.430.730.790.380.460.79
Click cells to compare fundamentals

Eastman Kodak Account Relationship Matchups

Eastman Kodak fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.2B2.2B2.3B2.4B2.2B
Short Long Term Debt Total171M80M312M363M495M470.3M
Other Current Liab155M118M99M103M107M101.7M
Total Current Liabilities368M296M309M293M283M268.9M
Total Stockholder Equity281M268M977M1.2B1.1B2.1B
Property Plant And Equipment Net230M200M187M193M199M189.1M
Net Debt(62M)(116M)(50M)146M240M228M
Retained Earnings(79M)(620M)(596M)(570M)(495M)(470.3M)
Cash233M196M362M217M255M242.3M
Non Current Assets Total709M621M1.4B1.6B1.6B1.6B
Non Currrent Assets Other71M370M1.1B1.3B1.4B1.1B
Cash And Short Term Investments233M196M362M217M255M242.3M
Net Receivables232M208M177M175M196M186.2M
Common Stock Shares Outstanding43M57.4M80.5M80.6M90.5M86.0M
Liabilities And Stockholders Equity1.4B1.2B2.2B2.3B2.4B2.2B
Non Current Liabilities Total766M684M885M748M931M884.5M
Inventory215M206M219M237M217M206.2M
Other Current Assets51M36M48M50M44M41.8M
Other Stockholder Equity595M1.1B1.2B1.1B1.1B1.2B
Total Liab1.1B980M1.2B1.0B1.2B1.2B
Property Plant And Equipment Gross230M200M628M193M669M635.6M
Total Current Assets706M627M807M681M712M676.4M
Accumulated Other Comprehensive Income(417M)(446M)221M462M281M295.1M
Intangible Assets47M39M34M28M24M22.8M
Accounts Payable149M153M118M134M125M118.8M
Other Liab609M618M587M401M360.9M342.9M
Other Assets420M370M1.1B1.3B1.2B930.8M
Long Term Debt109M14M253M315M456M819M
Property Plant Equipment181M200M140M193M173.7M165.0M
Net Tangible Assets222M26M931M1.0B1.2B1.2B
Retained Earnings Total Equity(200M)(79M)(620M)(596M)(536.4M)(509.6M)
Long Term Debt Total5M109M17M253M227.7M433.6M
Capital Surpluse617M604M1.2B1.2B1.0B666.4M

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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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Technology Hardware, Storage & Peripherals space 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
(0.29)
Earnings Share
0.7
Revenue Per Share
13.162
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0393
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.