Eastman Total Liab vs Common Stock Shares Outstanding Analysis

EMN Stock

USD 101.01 2.58 2.62%

Eastman Chemical financial indicator trend analysis is much more than just examining Eastman Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastman Chemical is a good investment. Please check the relationship between Eastman Chemical Total Liab and its Common Stock Shares Outstanding accounts. 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.

Total Liab vs Common Stock Shares Outstanding

Total Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastman Chemical Total Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Eastman Chemical's Total Liab and Common Stock Shares Outstanding is -0.15. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Eastman Chemical, assuming nothing else is changed. The correlation between historical values of Eastman Chemical's Total Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Eastman Chemical are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Liab i.e., Eastman Chemical's Total Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Eastman Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of the 7th of June 2024, Tax Provision is likely to grow to about 113.1 M, while Selling General Administrative is likely to drop about 567.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.1B	2.1B	1.8B
Total Revenue	10.5B	10.6B	9.2B	7.8B

Gross Profit Total Revenue

Eastman Chemical fundamental ratios 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		0.93	0.35	0.72	0.88	0.95	0.9	0.59	0.62	-0.02	0.99	0.16	-0.17	0.89	-0.3	0.88	0.91	0.14	-0.28	0.96	0.8	0.22	0.69	0.69	0.41	0.1
Short Long Term Debt Total	0.93		0.43	0.53	0.66	0.84	1.0	0.33	0.38	-0.28	0.96	0.09	-0.39	0.7	-0.05	0.98	0.78	0.22	-0.03	0.99	0.57	0.01	0.55	0.55	0.23	-0.02
Other Current Liab	0.35	0.43		0.13	0.12	0.28	0.42	0.08	0.04	-0.08	0.37	-0.03	-0.07	0.14	-0.07	0.49	0.29	0.48	0.05	0.45	0.2	-0.02	0.47	0.48	-0.57	-0.28
Total Current Liabilities	0.72	0.53	0.13		0.74	0.7	0.48	0.74	0.94	0.45	0.64	-0.04	0.3	0.72	-0.55	0.41	0.85	0.09	-0.7	0.63	0.9	0.68	0.62	0.62	0.59	0.63
Total Stockholder Equity	0.88	0.66	0.12	0.74		0.92	0.62	0.76	0.73	0.19	0.83	0.18	0.04	0.94	-0.48	0.58	0.85	-0.06	-0.49	0.7	0.85	0.36	0.64	0.64	0.53	0.21
Property Plant And Equipment Net	0.95	0.84	0.28	0.7	0.92		0.81	0.72	0.64	0.03	0.95	-0.03	-0.13	0.86	-0.46	0.78	0.88	0.01	-0.44	0.86	0.73	0.34	0.63	0.63	0.4	0.13
Net Debt	0.9	1.0	0.42	0.48	0.62	0.81		0.28	0.33	-0.36	0.94	0.08	-0.47	0.67	0.01	0.98	0.74	0.23	0.03	0.97	0.51	-0.03	0.5	0.5	0.2	-0.04
Retained Earnings	0.59	0.33	0.08	0.74	0.76	0.72	0.28		0.77	0.45	0.52	-0.17	0.3	0.68	-0.88	0.24	0.66	-0.16	-0.9	0.41	0.72	0.8	0.44	0.45	0.48	0.34
Accounts Payable	0.62	0.38	0.04	0.94	0.73	0.64	0.33	0.77		0.41	0.52	-0.15	0.25	0.69	-0.6	0.25	0.81	0.13	-0.77	0.47	0.87	0.76	0.55	0.55	0.56	0.62
Cash	-0.02	-0.28	-0.08	0.45	0.19	0.03	-0.36	0.45	0.41		-0.12	0.11	0.97	0.12	-0.64	-0.32	0.15	-0.19	-0.62	-0.15	0.41	0.49	0.38	0.39	0.27	0.33
Non Current Assets Total	0.99	0.96	0.37	0.64	0.83	0.95	0.94	0.52	0.52	-0.12		0.12	-0.26	0.84	-0.23	0.93	0.87	0.14	-0.2	0.97	0.7	0.13	0.65	0.65	0.35	0.03
Non Currrent Assets Other	0.16	0.09	-0.03	-0.04	0.18	-0.03	0.08	-0.17	-0.15	0.11	0.12		0.19	0.31	0.24	0.16	-0.03	-0.12	0.35	0.12	0.28	-0.45	0.2	0.2	0.11	-0.29
Cash And Short Term Investments	-0.17	-0.39	-0.07	0.3	0.04	-0.13	-0.47	0.3	0.25	0.97	-0.26	0.19		-0.03	-0.55	-0.42	0.01	-0.24	-0.49	-0.27	0.27	0.34	0.34	0.34	0.1	0.21
Net Receivables	0.89	0.7	0.14	0.72	0.94	0.86	0.67	0.68	0.69	0.12	0.84	0.31	-0.03		-0.37	0.65	0.8	0.06	-0.38	0.75	0.89	0.3	0.59	0.59	0.54	0.16
Common Stock Shares Outstanding	-0.3	-0.05	-0.07	-0.55	-0.48	-0.46	0.01	-0.88	-0.6	-0.64	-0.23	0.24	-0.55	-0.37		0.0	-0.43	0.25	0.91	-0.15	-0.51	-0.8	-0.43	-0.45	-0.28	-0.15
Non Current Liabilities Total	0.88	0.98	0.49	0.41	0.58	0.78	0.98	0.24	0.25	-0.32	0.93	0.16	-0.42	0.65	0.0		0.7	0.26	0.09	0.97	0.49	-0.1	0.55	0.55	0.14	-0.19
Inventory	0.91	0.78	0.29	0.85	0.85	0.88	0.74	0.66	0.81	0.15	0.87	-0.03	0.01	0.8	-0.43	0.7		0.16	-0.48	0.83	0.84	0.39	0.79	0.79	0.42	0.26
Other Current Assets	0.14	0.22	0.48	0.09	-0.06	0.01	0.23	-0.16	0.13	-0.19	0.14	-0.12	-0.24	0.06	0.25	0.26	0.16		0.16	0.25	0.12	-0.05	0.13	0.13	-0.14	0.03
Other Stockholder Equity	-0.28	-0.03	0.05	-0.7	-0.49	-0.44	0.03	-0.9	-0.77	-0.62	-0.2	0.35	-0.49	-0.38	0.91	0.09	-0.48	0.16		-0.12	-0.57	-0.94	-0.29	-0.3	-0.42	-0.53
Total Liab	0.96	0.99	0.45	0.63	0.7	0.86	0.97	0.41	0.47	-0.15	0.97	0.12	-0.27	0.75	-0.15	0.97	0.83	0.25	-0.12		0.67	0.1	0.64	0.64	0.28	0.01
Total Current Assets	0.8	0.57	0.2	0.9	0.85	0.73	0.51	0.72	0.87	0.41	0.7	0.28	0.27	0.89	-0.51	0.49	0.84	0.12	-0.57	0.67		0.52	0.71	0.71	0.55	0.35
Property Plant And Equipment Gross	0.22	0.01	-0.02	0.68	0.36	0.34	-0.03	0.8	0.76	0.49	0.13	-0.45	0.34	0.3	-0.8	-0.1	0.39	-0.05	-0.94	0.1	0.52		0.17	0.18	0.43	0.59
Common Stock Total Equity	0.69	0.55	0.47	0.62	0.64	0.63	0.5	0.44	0.55	0.38	0.65	0.2	0.34	0.59	-0.43	0.55	0.79	0.13	-0.29	0.64	0.71	0.17		1.0	0.11	-0.11
Common Stock	0.69	0.55	0.48	0.62	0.64	0.63	0.5	0.45	0.55	0.39	0.65	0.2	0.34	0.59	-0.45	0.55	0.79	0.13	-0.3	0.64	0.71	0.18	1.0		0.11	-0.11
Current Deferred Revenue	0.41	0.23	-0.57	0.59	0.53	0.4	0.2	0.48	0.56	0.27	0.35	0.11	0.1	0.54	-0.28	0.14	0.42	-0.14	-0.42	0.28	0.55	0.43	0.11	0.11		0.52
Short Term Debt	0.1	-0.02	-0.28	0.63	0.21	0.13	-0.04	0.34	0.62	0.33	0.03	-0.29	0.21	0.16	-0.15	-0.19	0.26	0.03	-0.53	0.01	0.35	0.59	-0.11	-0.11	0.52

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Eastman Chemical Account Relationship Matchups

Eastman Chemical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.0B	16.1B	15.5B	14.7B	14.6B	10.2B
Short Long Term Debt Total	5.8B	5.6B	5.2B	5.2B	5.0B	3.6B
Other Current Liab	280M	252M	376M	135M	578M	458.0M
Total Current Liabilities	1.8B	2.0B	3.0B	3.3B	2.6B	1.6B
Total Stockholder Equity	6.0B	6.0B	5.7B	5.2B	5.5B	3.1B
Property Plant And Equipment Net	5.6B	5.5B	5.0B	5.2B	5.7B	4.5B
Net Debt	5.6B	5.1B	4.7B	4.7B	4.4B	3.3B
Retained Earnings	8.0B	8.1B	8.6B	9.0B	9.5B	10.0B
Accounts Payable	890M	799M	1.2B	1.3B	1.2B	779.0M
Cash	204M	564M	459M	493M	548M	362.3M
Non Current Assets Total	12.7B	12.5B	10.9B	10.9B	11.2B	7.7B
Non Currrent Assets Other	674M	736M	874M	1M	(85M)	(80.8M)
Cash And Short Term Investments	204M	564M	459M	493M	548M	369.4M
Net Receivables	1.4B	1.5B	1.6B	1.3B	1.2B	994.0M
Common Stock Shares Outstanding	142.9M	138.5M	136.5M	137.1M	119.4M	121.3M
Liabilities And Stockholders Equity	16.0B	16.1B	15.5B	14.7B	14.6B	10.2B
Non Current Liabilities Total	8.2B	7.9B	6.8B	6.2B	6.5B	5.5B
Inventory	1.7B	1.4B	1.5B	1.9B	1.7B	1.0B
Other Current Assets	73M	80M	83M	96M	114M	83.6M
Other Stockholder Equity	(1.8B)	(1.8B)	(2.7B)	(3.6B)	(3.7B)	(3.5B)
Total Liab	10.0B	10.0B	9.7B	9.4B	9.1B	7.1B
Total Current Assets	3.3B	3.5B	4.6B	3.8B	3.5B	2.5B
Property Plant And Equipment Gross	5.6B	5.5B	12.7B	12.9B	13.6B	14.3B
Accumulated Other Comprehensive Income	(214M)	(273M)	(182M)	(205M)	(319M)	(335.0M)
Current Deferred Revenue	448M	638M	620M	671M	287M	301.4M
Short Term Debt	171M	349M	747M	1.1B	541M	292.9M
Intangible Assets	2.0B	1.8B	1.4B	1.2B	1.1B	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	5.6B	5.3B	4.4B	4.0B	4.3B	3.9B
Good Will	4.4B	4.5B	3.6B	3.7B	3.6B	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

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Additional Information and Resources on Investing in Eastman Stock

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

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Is Eastman Stock a good investment?

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What is Eastman Chemical's Net Worth?

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Largest Specialty Chemicals Companies

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Largest Basic Materials Companies

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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.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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

0.241

Dividend Share

3.2

Earnings Share

7.76

Revenue Per Share

77.04

Quarterly Revenue Growth

(0.04)

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.

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Eastman Total Liab vs Common Stock Shares Outstanding Analysis

Total Liab vs Common Stock Shares Outstanding

Total Liab vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Total Liab

Common Stock Shares Outstanding

Eastman Chemical fundamental ratios Correlations

Eastman Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastman Chemical fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in 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
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Net Debt

Property Plant And Equipment Gross	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.9	Retained Earnings
Common Stock Shares Outstanding	- 0.88	Retained Earnings
Property Plant And Equipment Gross	- 0.8	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.77	Accounts Payable
Other Stockholder Equity	- 0.7	Total Current Liabilities