Summary: Eastman Kodak Co. - S&P Global Ratings’ Credit Research

Summary: Eastman Kodak Co.

Summary: Eastman Kodak Co. - S&P Global Ratings’ Credit Research
Summary: Eastman Kodak Co.
Published Jun 25, 2015
7 pages (2103 words) — Published Jun 25, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Declining revenues from end-of-life commercial film and consumer inkjet businesses; Substantial uncertainty around the company's ability to generate growth from digital and functional printing product lines Progress on cutting corporate overhead expenses; and An increased focus on generating recurring revenue from sales of consumable products such as printing plates and inks post-bankruptcy emergence. Substantial debt burden with leverage over 6x; Large pension and postretirement benefit liabilities; Weak free cash flow generation; and Large cash balance, offering some protection from operating volatility. The stable outlook on Rochester, N.Y.-based commercial imaging solutions provider Eastman Kodak Co. (Kodak) reflects our expectation that Kodak's significant cash balance of more than $600 million will provide credit support as it transitions its business away from consumer

  
Brief Excerpt:

...Substantial uncertainty around the company's ability to generate growth from digital and functional printing product lines...

  
Report Type:

Summary

Ticker
EK
Issuer
Sector
Global Issuers, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Eastman Kodak Co." Jun 25, 2015. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eastman-Kodak-Co-1409143>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Eastman Kodak Co. Jun 25, 2015. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eastman-Kodak-Co-1409143>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.