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
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 11These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well
Jul 25Recent updates
Here'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 18Baker Hughes: Disappointing Q2 Earnings
Jul 28These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well
Jul 25Baker Hughes: A Bullish Chart Ahead Of Q2 Earnings Report
Jul 18Estimating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)
Jul 04Financial Position Analysis
Short Term Liabilities: BKR's short term assets ($15.9B) exceed its short term liabilities ($12.6B).
Long Term Liabilities: BKR's short term assets ($15.9B) exceed its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: BKR's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: BKR's debt to equity ratio has increased from 20.6% to 37.5% over the past 5 years.
Debt Coverage: BKR's debt is well covered by operating cash flow (48.8%).
Interest Coverage: BKR's interest payments on its debt are well covered by EBIT (16.5x coverage).