Baker Hughes Balance Sheet Health
Financial Health criteria checks 5/6
Baker Hughes has a total shareholder equity of $15.7B and total debt of $5.9B, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are $36.7B and $20.9B respectively. Baker Hughes's EBIT is $3.0B making its interest coverage ratio 16.5. It has cash and short-term investments of $2.3B.
Key information
37.5%
Debt to equity ratio
US$5.90b
Debt
| Interest coverage ratio | 16.5x |
| Cash | US$2.28b |
| Equity | US$15.72b |
| Total liabilities | US$20.94b |
| Total assets | US$36.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RR8's short term assets ($15.9B) exceed its short term liabilities ($12.6B).
Long Term Liabilities: 0RR8's short term assets ($15.9B) exceed its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: 0RR8's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 0RR8's debt to equity ratio has increased from 20.6% to 37.5% over the past 5 years.
Debt Coverage: 0RR8's debt is well covered by operating cash flow (48.8%).
Interest Coverage: 0RR8's interest payments on its debt are well covered by EBIT (16.5x coverage).