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
We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Sep 02
These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well
May 14We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Jan 06We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Oct 03Baker Hughes (NASDAQ:BKR) Seems To Use Debt Quite Sensibly
Apr 11Recent updates
Estimating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)
Nov 08Baker Hughes Q3 Results: Decent Performance, But I Am Cautious For Now
Oct 23Returns On Capital Are Showing Encouraging Signs At Baker Hughes (NASDAQ:BKR)
Oct 17Investors Aren't Entirely Convinced By Baker Hughes Company's (NASDAQ:BKR) Earnings
Oct 02Here's Why We Think Baker Hughes (NASDAQ:BKR) Is Well Worth Watching
Sep 17We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Sep 02A Look At The Fair Value Of Baker Hughes Company (NASDAQ:BKR)
Jul 29Baker Hughes: Slowing LNG Activity A Risk Ahead Of Q2 Results (Rating Downgrade)
Jul 09There's Been No Shortage Of Growth Recently For Baker Hughes' (NASDAQ:BKR) Returns On Capital
Jun 19Market Participants Recognise Baker Hughes Company's (NASDAQ:BKR) Revenues
Jun 01These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well
May 14Baker Hughes Should Realize Major Tailwinds Throughout The Energy Transition
Apr 26Calculating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)
Apr 22Baker Hughes (NASDAQ:BKR) Is Experiencing Growth In Returns On Capital
Mar 17Baker Hughes Could Be This Year's Turnaround Play
Mar 06Baker Hughes Company (NASDAQ:BKR) Investors Are Less Pessimistic Than Expected
Feb 28Baker Hughes Company (NASDAQ:BKR) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 08Baker Hughes' (NASDAQ:BKR) Earnings Are Weaker Than They Seem
Jan 30Baker Hughes: Q4 Earnings, Attractive Despite LNG Uncertainty
Jan 27Baker Hughes: LNG Winner
Jan 18We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Jan 06Estimating The Intrinsic Value Of Baker Hughes Company (NASDAQ:BKR)
Dec 19We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt
Oct 03Baker Hughes Company (NASDAQ:BKR) Shares Could Be 35% Above Their Intrinsic Value Estimate
Sep 12There's Been No Shortage Of Growth Recently For Baker Hughes' (NASDAQ:BKR) Returns On Capital
Aug 20Returns At Baker Hughes (NASDAQ:BKR) Are On The Way Up
May 03Baker Hughes (NASDAQ:BKR) Seems To Use Debt Quite Sensibly
Apr 11Baker Hughes Company's (NASDAQ:BKR) Intrinsic Value Is Potentially 24% Below Its Share Price
Mar 16What to expect from Baker Hughes Q3 earnings?
Oct 18Baker Hughes (NASDAQ:BKR) Is Doing The Right Things To Multiply Its Share Price
Aug 25Baker Hughes: Big Aqua And The Carbon Capture Rodeo
Aug 18Financial 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).