Eastman Historical Balance Sheet

EMN Stock

USD 93.21 1.47 1.60%

Trend analysis of Eastman Chemical balance sheet accounts such as Other Current Liabilities of 681 M or Total Current Liabilities of 1.6 B provides information on Eastman Chemical's total assets, liabilities, and equity, which is the actual value of Eastman Chemical to its prevalent stockholders. By breaking down trends over time using Eastman Chemical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Eastman Chemical latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eastman Chemical is a good buy for the upcoming year.

Eastman Chemical Inventory

1.03 Billion

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 population.

To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.

About Eastman Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Eastman Chemical at a specified time, usually calculated after every quarter, six months, or one year. Eastman Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eastman Chemical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Eastman currently owns. An asset can also be divided into two categories, current and non-current.

Eastman Chemical Balance Sheet Chart

At this time, Eastman Chemical's Other Assets are very stable compared to the past year. As of the 18th of January 2025, Net Tangible Assets is likely to grow to about 263.7 M, while Total Assets are likely to drop about 10.2 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of Eastman Chemical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Eastman Chemical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Eastman Chemical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eastman Chemical are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Eastman Chemical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eastman Chemical current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 population.

To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.At this time, Eastman Chemical's Other Assets are very stable compared to the past year. As of the 18th of January 2025, Net Tangible Assets is likely to grow to about 263.7 M, while Total Assets are likely to drop about 10.2 B.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	5.2B	5.0B	5.7B	3.6B
Total Assets	14.7B	14.6B	16.8B	10.2B

Short Long Term Debt Total Total Assets

Eastman Chemical balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Current Deferred Revenue	Short Term Debt
Total Assets		0.92	0.54	0.74	0.73	0.93	0.89	0.56	0.64	0.09	0.99	0.15	-0.06	0.85	-0.37	0.87	0.91	0.22	-0.36	0.95	0.81	0.25	0.73	0.73	0.25	0.08
Short Long Term Debt Total	0.92		0.39	0.53	0.5	0.78	1.0	0.29	0.38	-0.21	0.95	-0.03	-0.33	0.71	-0.09	0.98	0.75	0.07	-0.07	0.98	0.56	0.03	0.58	0.58	0.23	-0.07
Other Current Liab	0.54	0.39		0.71	0.56	0.51	0.33	0.61	0.62	0.52	0.47	0.26	0.41	0.47	-0.52	0.35	0.57	0.45	-0.56	0.51	0.7	0.58	0.54	0.55	-0.17	0.42
Total Current Liabilities	0.74	0.53	0.71		0.67	0.75	0.46	0.72	0.94	0.54	0.65	0.11	0.39	0.73	-0.63	0.4	0.87	0.37	-0.77	0.63	0.91	0.68	0.64	0.64	0.2	0.6
Total Stockholder Equity	0.73	0.5	0.56	0.67		0.82	0.46	0.93	0.68	0.3	0.69	0.27	0.15	0.74	-0.72	0.44	0.71	0.27	-0.72	0.57	0.74	0.65	0.48	0.49	0.04	0.31
Property Plant And Equipment Net	0.93	0.78	0.51	0.75	0.82		0.74	0.72	0.72	0.23	0.91	0.14	0.06	0.78	-0.6	0.71	0.9	0.08	-0.54	0.82	0.76	0.44	0.65	0.66	0.03	0.17
Net Debt	0.89	1.0	0.33	0.46	0.46	0.74		0.23	0.31	-0.3	0.93	-0.08	-0.42	0.69	-0.02	0.98	0.71	0.04	0.0	0.97	0.5	-0.03	0.53	0.53	0.24	-0.11
Retained Earnings	0.56	0.29	0.61	0.72	0.93	0.72	0.23		0.76	0.53	0.49	0.27	0.39	0.58	-0.89	0.2	0.65	0.21	-0.91	0.38	0.69	0.86	0.4	0.41	-0.13	0.5
Accounts Payable	0.64	0.38	0.62	0.94	0.68	0.72	0.31	0.76		0.54	0.54	0.08	0.38	0.73	-0.71	0.24	0.83	0.32	-0.83	0.48	0.87	0.76	0.56	0.56	0.08	0.59
Cash	0.09	-0.21	0.52	0.54	0.3	0.23	-0.3	0.53	0.54		-0.02	0.46	0.97	0.02	-0.73	-0.27	0.28	0.28	-0.69	-0.07	0.48	0.57	0.41	0.41	-0.15	0.4
Non Current Assets Total	0.99	0.95	0.47	0.65	0.69	0.91	0.93	0.49	0.54	-0.02		0.08	-0.16	0.8	-0.3	0.92	0.87	0.12	-0.27	0.97	0.72	0.17	0.68	0.68	0.23	0.0
Non Currrent Assets Other	0.15	-0.03	0.26	0.11	0.27	0.14	-0.08	0.27	0.08	0.46	0.08		0.5	0.17	-0.38	0.03	0.04	0.54	-0.18	0.05	0.38	0.1	0.34	0.34	-0.06	-0.24
Cash And Short Term Investments	-0.06	-0.33	0.41	0.39	0.15	0.06	-0.42	0.39	0.38	0.97	-0.16	0.5		-0.1	-0.63	-0.37	0.14	0.2	-0.57	-0.19	0.35	0.43	0.37	0.37	-0.19	0.28
Net Receivables	0.85	0.71	0.47	0.73	0.74	0.78	0.69	0.58	0.73	0.02	0.8	0.17	-0.1		-0.35	0.63	0.83	0.35	-0.43	0.75	0.86	0.35	0.64	0.64	0.26	0.17
Common Stock Shares Outstanding	-0.37	-0.09	-0.52	-0.63	-0.72	-0.6	-0.02	-0.89	-0.71	-0.73	-0.3	-0.38	-0.63	-0.35		-0.03	-0.54	-0.08	0.88	-0.21	-0.57	-0.85	-0.44	-0.45	0.38	-0.36
Non Current Liabilities Total	0.87	0.98	0.35	0.4	0.44	0.71	0.98	0.2	0.24	-0.27	0.92	0.03	-0.37	0.63	-0.03		0.67	0.04	0.05	0.96	0.48	-0.09	0.59	0.59	0.19	-0.23
Inventory	0.91	0.75	0.57	0.87	0.71	0.9	0.71	0.65	0.83	0.28	0.87	0.04	0.14	0.83	-0.54	0.67		0.09	-0.57	0.82	0.85	0.44	0.8	0.8	0.14	0.23
Other Current Assets	0.22	0.07	0.45	0.37	0.27	0.08	0.04	0.21	0.32	0.28	0.12	0.54	0.2	0.35	-0.08	0.04	0.09		-0.2	0.15	0.56	0.23	0.1	0.1	0.46	0.32
Other Stockholder Equity	-0.36	-0.07	-0.56	-0.77	-0.72	-0.54	0.0	-0.91	-0.83	-0.69	-0.27	-0.18	-0.57	-0.43	0.88	0.05	-0.57	-0.2		-0.18	-0.64	-0.92	-0.31	-0.31	0.14	-0.67
Total Liab	0.95	0.98	0.51	0.63	0.57	0.82	0.97	0.38	0.48	-0.07	0.97	0.05	-0.19	0.75	-0.21	0.96	0.82	0.15	-0.18		0.68	0.13	0.68	0.68	0.22	-0.02
Total Current Assets	0.81	0.56	0.7	0.91	0.74	0.76	0.5	0.69	0.87	0.48	0.72	0.38	0.35	0.86	-0.57	0.48	0.85	0.56	-0.64	0.68		0.53	0.75	0.75	0.27	0.35
Property Plant And Equipment Gross	0.25	0.03	0.58	0.68	0.65	0.44	-0.03	0.86	0.76	0.57	0.17	0.1	0.43	0.35	-0.85	-0.09	0.44	0.23	-0.92	0.13	0.53		0.16	0.18	-0.26	0.71
Common Stock Total Equity	0.73	0.58	0.54	0.64	0.48	0.65	0.53	0.4	0.56	0.41	0.68	0.34	0.37	0.64	-0.44	0.59	0.8	0.1	-0.31	0.68	0.75	0.16		1.0	0.04	-0.16
Common Stock	0.73	0.58	0.55	0.64	0.49	0.66	0.53	0.41	0.56	0.41	0.68	0.34	0.37	0.64	-0.45	0.59	0.8	0.1	-0.31	0.68	0.75	0.18	1.0		0.03	-0.16
Current Deferred Revenue	0.25	0.23	-0.17	0.2	0.04	0.03	0.24	-0.13	0.08	-0.15	0.23	-0.06	-0.19	0.26	0.38	0.19	0.14	0.46	0.14	0.22	0.27	-0.26	0.04	0.03		0.17
Short Term Debt	0.08	-0.07	0.42	0.6	0.31	0.17	-0.11	0.5	0.59	0.4	0.0	-0.24	0.28	0.17	-0.36	-0.23	0.23	0.32	-0.67	-0.02	0.35	0.71	-0.16	-0.16	0.17

Click cells to compare fundamentals

Eastman Chemical Account Relationship Matchups

Eastman Chemical balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.1B	15.5B	14.7B	14.6B	16.8B	10.2B
Short Long Term Debt Total	5.6B	5.2B	5.2B	5.0B	5.7B	3.6B
Other Current Liab	656M	808M	649M	673M	774.0M	681.0M
Total Current Liabilities	2.0B	3.0B	3.3B	2.6B	3.0B	1.6B
Total Stockholder Equity	6.0B	5.7B	5.2B	5.5B	6.3B	6.6B
Property Plant And Equipment Net	5.5B	5.0B	5.2B	5.7B	6.6B	4.5B
Net Debt	5.1B	4.7B	4.7B	4.4B	5.1B	3.3B
Retained Earnings	8.1B	8.6B	9.0B	9.5B	10.9B	11.5B
Accounts Payable	799M	1.2B	1.3B	1.2B	1.3B	779.0M
Cash	564M	459M	493M	548M	630.2M	362.3M
Non Current Assets Total	12.5B	10.9B	10.9B	11.2B	12.8B	7.7B
Non Currrent Assets Other	736M	874M	1M	516M	593.4M	483.0M
Cash And Short Term Investments	564M	459M	493M	548M	630.2M	369.4M
Net Receivables	1.0B	1.6B	1.3B	1.2B	1.3B	976.9M
Common Stock Shares Outstanding	138.5M	136.5M	137.1M	119.4M	107.5M	121.3M
Liabilities And Stockholders Equity	16.1B	15.5B	14.7B	14.6B	16.8B	10.2B
Non Current Liabilities Total	7.9B	6.8B	6.2B	6.5B	7.5B	5.5B
Inventory	1.4B	1.5B	1.9B	1.7B	1.9B	1.0B
Other Current Assets	565M	1.1B	114M	96M	110.4M	167.7M
Other Stockholder Equity	(1.8B)	(2.7B)	(3.6B)	(3.7B)	(3.3B)	(3.2B)
Total Liab	10.0B	9.7B	9.4B	9.1B	10.5B	7.1B
Total Current Assets	3.5B	4.6B	3.8B	3.5B	4.0B	2.5B
Property Plant And Equipment Gross	5.5B	12.7B	12.9B	13.6B	15.6B	16.4B
Accumulated Other Comprehensive Income	(273M)	(182M)	(205M)	(319M)	(366.9M)	(385.2M)
Current Deferred Revenue	638M	620M	671M	(95M)	(109.3M)	(103.8M)
Short Term Debt	405M	797M	1.1B	541M	622.2M	653.3M
Intangible Assets	1.8B	1.4B	1.2B	1.1B	1.3B	1.3B
Other Liab	2.4B	2.5B	2.2B	2.0B	2.3B	2.0B
Other Assets	303M	6.3B	521M	533M	613.0M	622.3M
Long Term Debt	5.3B	4.4B	4.0B	4.3B	5.0B	3.9B
Good Will	4.5B	3.6B	3.7B	3.6B	4.2B	2.4B
Treasury Stock	(3.9B)	(4.0B)	(4.9B)	(5.9B)	(5.3B)	(5.1B)
Property Plant Equipment	5.6B	5.5B	5.0B	5.2B	5.9B	4.6B
Net Tangible Assets	(484M)	(234M)	669M	279M	251.1M	263.7M
Retained Earnings Total Equity	8.0B	8.1B	8.6B	9.0B	10.3B	6.2B
Long Term Debt Total	5.6B	5.3B	4.4B	4.0B	4.6B	5.1B
Capital Surpluse	2.1B	2.2B	2.2B	2.3B	2.7B	1.9B
Deferred Long Term Liab	915M	848M	810M	671M	771.7M	741.7M

Pair Trading with Eastman Chemical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eastman Chemical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eastman Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eastman Stock

0.95	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.83	DNMR	Danimer Scientific	Pair Corr

Moving against Eastman Stock

0.31

ECVT

Ecovyst

Pair Corr

The ability to find closely correlated positions to Eastman Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eastman Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eastman Chemical to buy it.

The correlation of Eastman Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastman Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eastman Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Eastman

Details

Is Eastman Stock a good investment?

Details

What is Eastman Chemical's Net Worth?

Details

Largest Diversified Chemicals Companies

View

Largest Specialty Chemicals Companies

View

To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Is Diversified Chemicals 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 Chemical. 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 Chemical 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

0.027

Dividend Share

3.24

Earnings Share

7.46

Revenue Per Share

79.642

Quarterly Revenue Growth

0.087

The market value of Eastman Chemical 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 Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical'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 Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical'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 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Eastman Historical Balance Sheet

Eastman Chemical Inventory

1.03 Billion

About Eastman Balance Sheet Analysis

Eastman Chemical Balance Sheet Chart

Total Assets

Total Current Liabilities

Eastman Chemical balance sheet Correlations

Eastman Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastman Chemical balance sheet Accounts

Pair Trading with Eastman Chemical

Moving together with Eastman Stock

Moving against Eastman Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Net Debt

Property Plant And Equipment Gross	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Property Plant And Equipment Gross	- 0.85	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.83	Accounts Payable
Other Stockholder Equity	- 0.77	Total Current Liabilities