This company listing is no longer active
Baker Hughes Balance Sheet Health
Financial Health criteria checks 5/6
Baker Hughes has a total shareholder equity of $14.8B and total debt of $6.7B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are $35.0B and $20.2B respectively. Baker Hughes's EBIT is $2.0B making its interest coverage ratio 8.1. It has cash and short-term investments of $3.5B.
Key information
45.3%
Debt to equity ratio
US$6.72b
Debt
Interest coverage ratio | 8.1x |
Cash | US$3.52b |
Equity | US$14.85b |
Total liabilities | US$20.19b |
Total assets | US$35.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BKR's short term assets ($15.4B) exceed its short term liabilities ($11.6B).
Long Term Liabilities: BKR's short term assets ($15.4B) exceed its long term liabilities ($8.6B).
Debt to Equity History and Analysis
Debt Level: BKR's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: BKR's debt to equity ratio has increased from 19.4% to 45.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BKR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BKR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.3% per year.