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Eastman Kodak Co (Eastman Kodak Co) Debt-to-EBITDA : 3.87 (As of Dec. 2023)


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What is Eastman Kodak Co Debt-to-EBITDA?

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 Dec. 2023 was $14 Mil. Eastman Kodak Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $481 Mil. Eastman Kodak Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $128 Mil. Eastman Kodak Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.87.

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: -0.25   Med: 3.51   Max: 15.55
Current: 2.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eastman Kodak Co was 15.55. The lowest was -0.25. And the median was 3.51.

KODK's Debt-to-EBITDA is ranked worse than
63.37% of 830 companies
in the Business Services industry
Industry Median: 1.83 vs KODK: 2.93

Eastman Kodak Co Debt-to-EBITDA Historical Data

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.

* Premium members only.

Eastman Kodak Co Debt-to-EBITDA Chart

Eastman Kodak Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.55 -0.25 3.39 3.63 2.93

Eastman Kodak Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.24 1.52 1.64 5.85 3.87

Competitive Comparison of Eastman Kodak Co's Debt-to-EBITDA

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's Debt-to-EBITDA Distribution in the 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.



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. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14 + 481) / 169
=2.93

Eastman Kodak Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14 + 481) / 128
=3.87

* 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 (Dec. 2023) EBITDA data.


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

Thank you for viewing the detailed overview of Eastman Kodak Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastman Kodak Co (Eastman Kodak Co) Business Description

Traded in Other Exchanges
Address
343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.
Executives
Philippe D Katz director 160 BROADWAY, NEW YORK NY 10038
David Bovenzi director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Michael Sileck director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Randy Vandagriff officer: Vice President EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Kennedy Lewis Investment Management Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Lp director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Iii Lp director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kennedy Lewis Gp Iii Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kathleen B. Lynch director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Richard T Michaels officer: CAO and Corp. Controller C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Darren Richman director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
David Chene director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Management Lp director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
Klm Gp Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Investment Holdings Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120