Eastman Chemical Co (EMN) Financials

Eastman Chemical Co (EMN) is a leading global specialty materials company that produces a wide range of products used in various industries. The company's financial performance is reflected in its income statement, which provides a snapshot of its revenues, expenses, and profits. In the latest reported period, Eastman Chemical Co generated a total revenue of $9.1 billion. The gross profit for the same period was $2.6 billion. After deducting operating expenses, the company's earnings before interest and taxes (EBIT) stood at $1.3 billion. The EBITDA, which represents earnings before interest, taxes, depreciation, and amortization, was $1.7 billion.

Net income from stockholders is an important measure of profitability for investors. For Eastman Chemical Co, the net income from stockholders in the latest reported period amounted to $857 million. This figure reflects the company's ability to generate profits for its shareholders. Looking at the balance sheet, it reveals the company's financial position at a specific point in time. Eastman Chemical Co reported total assets of $14.6 billion, with total liabilities of $8.9 billion. The stockholders' equity, which shows the company's net worth, was $5.7 billion.

Cash equivalents are short-term investments that have high liquidity and can be easily converted into cash. Eastman Chemical Co had cash equivalents of $678 million, indicating its ability to meet short-term obligations. Net debt is calculated by subtracting cash and cash equivalents from total debt. For Eastman Chemical Co, the net debt stood at $5.2 billion. This shows the company's leverage and its ability to repay its debt obligations. Cash flow is a crucial indicator of a company's financial health.

Eastman Chemical Co reported a positive operating cash flow of $1.4 billion, indicating its ability to generate cash from its core operations. With regards to cash flow from financing activities, the company reported a cash inflow of $431 million. This indicates that the company has been able to secure financing through various means such as issuing debt or equity. Free cash flow, which represents the cash generated after deducting capital expenditures, was $987 million. This indicates the company's ability to invest in growth while also returning value to its shareholders.

Lastly, cash flow from investing activities reflects the company's cash flows related to investments in assets or divestments. Eastman Chemical Co reported a cash outflow of $348 million from investing activities. This indicates the company's investments in properties, plants, and equipment to support its operations and future growth. In conclusion, Eastman Chemical Co's financials demonstrate its strong performance, profitability, and financial strength in the specialty materials industry.