Kodak warns its business is in "substantial doubt" after 133 years
In an article on Kodak's financial situation, the context highlights a significant warning regarding the company's ability to meet its long-standing debt obligations. Over the past 133 years, Kodak has faced increasingly large debts related to film and photography products, particularly in areas like film cameras. The article raises the concern that these debts might not be payable due to financial strain or other issues, leading to a "substantial doubt" about their continued business viability. This situation underscores declining demand for their iconic products across various industries, impacting their reputation and financial stability. Thus, while Kodak has made significant strides in innovation, they must navigate this complex debt landscape with caution, as it could undermine their ability to sustain operations.------
