Eastman Kodak Earnings before Tax vs Average Assets Analysis

KODK -- USA Stock  

USD 2.62  0.17  6.09%

Eastman Kodak financial indicator trend analysis is much more than just examining Eastman Kodak latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastman Kodak is a good investment. Please check the relationship between Eastman Kodak Earnings before Tax and its Average Assets accounts. Please see also Stocks Correlation.

Earnings before Tax vs Average Assets

Accounts Relationship

Earnings before Tax vs Average Assets

Significance: Pay attention

Earnings before Tax diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Eastman Kodak Earnings before Tax account and Average Assets

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
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