Baker Hughes Balance Sheet Health
Financial Health criteria checks 5/6
Baker Hughes has a total shareholder equity of $16.3B and total debt of $6.0B, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are $37.5B and $21.2B respectively. Baker Hughes's EBIT is $3.2B making its interest coverage ratio 17.1. It has cash and short-term investments of $2.7B.
Key information
36.9%
Debt to equity ratio
US$6.04b
Debt
| Interest coverage ratio | 17.1x |
| Cash | US$2.66b |
| Equity | US$16.34b |
| Total liabilities | US$21.19b |
| Total assets | US$37.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BKR's short term assets ($16.6B) exceed its short term liabilities ($12.8B).
Long Term Liabilities: BKR's short term assets ($16.6B) exceed its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: BKR's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: BKR's debt to equity ratio has increased from 20.3% to 36.9% over the past 5 years.
Debt Coverage: BKR's debt is well covered by operating cash flow (50.9%).
Interest Coverage: BKR's interest payments on its debt are well covered by EBIT (17.1x coverage).