Baker Hughes Balance Sheet Health
Financial Health criteria checks 5/6
Baker Hughes has a total shareholder equity of $15.5B and total debt of $6.0B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are $36.9B and $21.4B respectively. Baker Hughes's EBIT is $2.6B making its interest coverage ratio 12.2. It has cash and short-term investments of $2.6B.
Key information
38.8%
Debt to equity ratio
US$6.02b
Debt
| Interest coverage ratio | 12.2x |
| Cash | US$2.65b |
| Equity | US$15.52b |
| Total liabilities | US$21.43b |
| Total assets | US$36.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 68V's short term assets ($16.3B) exceed its short term liabilities ($13.0B).
Long Term Liabilities: 68V's short term assets ($16.3B) exceed its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: 68V's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 68V's debt to equity ratio has increased from 20.6% to 38.8% over the past 5 years.
Debt Coverage: 68V's debt is well covered by operating cash flow (50.9%).
Interest Coverage: 68V's interest payments on its debt are well covered by EBIT (12.2x coverage).