KODK (Eastman Kodak Co) Debt-to-EBITDA : 1.12 (As of Jun. 2026) — 65% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KODK Eastman Kodak Co KODK
57 GF Score
Price $10.04
GF Value $5.89
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Eastman Kodak Co Debt-to-EBITDA?

Eastman Kodak Co KODK +6.24% 57 Debt-to-EBITDA is 1.12 as of Jun. 2026, which is 65% below its 10-year median of 3.16. GuruFocus rates KODK with a GF Score™ of 57/100 and a GF Value™ of $5.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 835 Business Services companies, Eastman Kodak Co ranks worse than 119760.36% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Eastman Kodak Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $13 Mil. Eastman Kodak Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $135 Mil. Eastman Kodak Co's annualized EBITDA for the quarter that ended in Jun. 2026 was $132 Mil. Eastman Kodak Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.12.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Eastman Kodak Co's Debt-to-EBITDA or its related term are showing as below:

KODK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -74   Med: 3.16   Max: 15.55
Current: -74

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eastman Kodak Co was 15.55. The lowest was -74.00. And the median was 3.16.

KODK's Debt-to-EBITDA is ranked worse than
100% of 835 companies
in the Business Services industry
Industry Median: 1.66 vs KODK: -74.00

Eastman Kodak Co  (NYSE:KODK) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Eastman Kodak Co Debt-to-EBITDA Related Terms


Eastman Kodak Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Eastman Kodak Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eastman Kodak Co Debt-to-EBITDA Chart

Eastman Kodak Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 3.63 2.93 2.53 -11.91

Eastman Kodak Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.75 3.35 -0.82 N/A 1.12

KODK vs BKSY, TRNS, CASS: Debt-to-EBITDA Comparison

For the Specialty Business Services subindustry, Eastman Kodak Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastman Kodak Co Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Eastman Kodak Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eastman Kodak Co's Debt-to-EBITDA falls into.


KODK
57GF Score
Eastman Kodak Co KODK
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastman Kodak Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Eastman Kodak Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12 + 238) / -21
=-11.90

Eastman Kodak Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(13 + 135) / 132
=1.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.12 mean?
Eastman Kodak Co (KODK) has a Debt-to-EBITDA of 1.12 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Eastman Kodak Co. This is 65% below median its historical median of 3.16. According to the industry distribution chart, Eastman Kodak Co ranks #999999 out of 835 companies in the Business Services industry.
Is Eastman Kodak Co's Debt-to-EBITDA too high?
Eastman Kodak Co's current Debt-to-EBITDA of 1.12 is 65% below median its 10-year median of 3.16. The Business Services industry median Debt-to-EBITDA is 1.66. Eastman Kodak Co's value of 1.12 is 32.5% below this industry median. Based on the distribution chart, Eastman Kodak Co ranks #999999 out of 835 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Eastman Kodak Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eastman Kodak Co's Debt-to-EBITDA compare to BKSY and TRNS?
According to the Business Services industry distribution chart, Eastman Kodak Co ranks #999999 out of 835 companies for Debt-to-EBITDA. This places Eastman Kodak Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. Eastman Kodak Co's value of 1.12 is 32.5% below this benchmark. While the company's 10-year median is 3.16 vs. the industry median of 1.66, Eastman Kodak Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.66, based on 835 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eastman Kodak Co's current Debt-to-EBITDA of 1.12 is 32.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Eastman Kodak Co. For the Business Services industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastman Kodak Co's current Debt-to-EBITDA is 1.12, which is 65% below median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastman Kodak Co stock overvalued right now?
Based on GuruFocus' analysis, Eastman Kodak Co (KODK) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.89, compared to a current price of $10.04 — trading 70.5% above its estimated fair value. The current Debt-to-EBITDA is 1.12, which is 65% below median its 10-year median of 3.16 and 32.5% below the Business Services industry median of 1.66. Eastman Kodak Co's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Eastman Kodak Co (KODK), the current Debt-to-EBITDA is 1.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eastman Kodak Co (KODK) Overvalued in 2026?

Based on GuruFocus' analysis, Eastman Kodak Co stock appears to be overvalued. The current stock price of $10.04 is trading 70.5% above its estimated GF Value™ of $5.89. GuruFocus considers Eastman Kodak Co to be Significantly Overvalued.

Key valuation signals for KODK:

  • Debt-to-EBITDA: 1.12 (65% below median its 10-year median of 3.16)
  • GF Value™: $5.89 vs. price of $10.04 (70.5% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 32.5% below the Business Services median (#999999 of 835)

No single metric tells the full story. See the KODK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eastman Kodak Co Business Description

Other Exchanges 0IF4:UKKODN:Germany
Address 343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. It operates through several business segments; Print, Brand, and Advanced Materials and Chemicals. The Print segment which derives the majority of revenue includes products like digital offset plate offerings and computer-to-plate imaging solutions, high-quality digital printing solutions using electrically charged toner-based technology, production press systems, consumables, inkjet components, software and services. Geographically, the company generates revenue from the United States, Canada, Europe, Middle East and Africa, Asia Pacific, and Latin America.
57GF Score

Get the complete analysis for KODK

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.04
Price
$5.89
GF Value