Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
acquisition, aforementioned, Agency, aircraft, andPart, Argument, arise, attorney, biotechnology, broke, Citicorp, cleanup, commencing, Conservation, considerable, consumer, copy, counteract, coupled, coverage, Creation, deduction, describedin, detection, discipline, discovery, diverse, diversify, endeavoring, exploit, factored, fairly, foregoing, furnish, governmental, ground, guarantee, history, II, imaging, immaterial, includingIntegRextechnology, increaseto, Medicaid, metric, modest, noncash, ofthe, partner, payout, Pertain, photo, policieslisted, postclosure, preferred, preliminary, prevention, professional, PRP, Qualitative, Quantitative, rapidly, Recovery, referenced, registered, released, reliability, request, Resource, Riskof, scale, scheduled, SEC, service, shown, Standard, successful, tailoring, theGenencor, ton, transportation, turnaround, twelve, unauthorized, uncertainty, USA, utilizingIntegRex, utilizingIntegRextechnology, volatility, waste, withheld, yearly
Removed:
absence, accretion, acetaldehyde, acetic, acetyl, achieved, activator, Additionally, adjusted, administrative, admitted, advantage, Aggressive, aggressively, agreed, aimed, alcohol, aldehyde, allocation, amortizable, anhydride, annually, annum, anticipation, apparel, appealed, application, assessed, assumption, attrition, balance, bearing, beer, beverage, bleach, borrowing, bring, broadest, brought, budgeting, building, Bulletin, California, Canadian, capability, capitalized, carbonated, cellulosic, Chemicke, chlorinated, cigarette, claiming, clarify, coating, Columbia, commodity, commonly, consist, continuation, contractual, controlling, conventional, count, created, criteria, crystalline, decided, deemed, defer, Department, deteriorating, diketene, directed, directly, discounted, District, dividend, driver, ease, electronic, engineering, euro, European, expand, expertise, explained, extend, extrusion, fee, fiber, finance, fine, fined, flake, fluctuate, food, forecast, gas, gasification, generated, grow, guilty, highly, home, household, hydrocarbon, incentive, initial, intangible, intend, intensify, intermediate, involuntary, Justice, ketone, Kirkby, labor, largest, Lawter, level, leverage, limiting, line, linear, Llangefni, located, longer, lowering, manner, marketer, matter, maturity, McWhorter, measured, microwave, modification, molding, monitoring, natural, niche, Northern, November, October, operation, operational, optical, organic, oven, packaging, passage, passed, permitted, pharmaceutical, photographic, plea, pleaded, post, postretirement, preserve, proceed, producer, prohibited, propane, published, pursuing, putative, reached, realignment, reclassification, recognize, referred, region, reorganized, repaid, repetition, represent, resolve, resolved, restitution, revision, rosin, Rotterdam, royalty, separation, serve, shared, Sherman, single, small, soft, Sokolov, source, store, subordinated, subsidiary, subsidy, succeeding, sued, suitable, tape, tentatively, Theforegoing, tied, transaction, triacetin, twenty, undiscounted, unfavorable, unique, unscheduled, utilizing, variety, violation, voluntary, water, write, Zavody
Filing tables
Filing exhibits
Related press release
EMN similar filings
Filing view
External links
EXHIBIT 12.01
EASTMAN CHEMICAL COMPANY AND SUBSIDIARIES
Computation of Ratios of Earnings to Fixed Charges
First Quarter | ||||
(Dollars in millions) | 2005 | 2004 | ||
Earnings before income taxes and cumulative effect of | ||||
changes in accounting principles | $ | 217 | $ | (13) |
Add: | ||||
Interest expense | 34 | 31 | ||
Appropriate portion of rental expense(1) | 5 | 5 | ||
Amortization of capitalized interest | 1 | 2 | ||
Earnings as adjusted | $ | 257 | $ | 25 |
Fixed charges: | ||||
Interest expense | 34 | 31 | ||
Appropriate portion of rental expense(1) | 5 | 5 | ||
Capitalized interest | 1 | 1 | ||
Total fixed charges | $ | 40 | $ | 37 |
Ratio of earnings to fixed charges | 6.4 | (A) | ||
(1) | For all periods presented, the interest component of rental expense is estimated to equal one-third of such expense. |
(A) | Due to the net loss reported, the coverage ratio was less than 1x. To achieve a coverage ratio of 1x, additional pre-tax earnings of $12 million would have been required for the first quarter of 2004. |