Baker Hughes Balance Sheet Health
Financial Health criteria checks 5/6
Baker Hughes has a total shareholder equity of $15.6B and total debt of $6.0B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are $37.1B and $21.6B respectively. Baker Hughes's EBIT is $2.8B making its interest coverage ratio 14.5. It has cash and short-term investments of $2.7B.
Key information
38.6%
Debt to equity ratio
US$6.01b
Debt
Interest coverage ratio | 14.5x |
Cash | US$2.72b |
Equity | US$15.55b |
Total liabilities | US$21.59b |
Total assets | US$37.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 68V's short term assets ($16.4B) exceed its short term liabilities ($13.2B).
Long Term Liabilities: 68V's short term assets ($16.4B) exceed its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: 68V's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: 68V's debt to equity ratio has increased from 20.5% to 38.6% over the past 5 years.
Debt Coverage: 68V's debt is well covered by operating cash flow (56.4%).
Interest Coverage: 68V's interest payments on its debt are well covered by EBIT (14.5x coverage).