Baker Net Invested Capital vs Long Term Debt Analysis

BKR Stock

USD 44.88 0.57 1.29%

Baker Hughes financial indicator trend analysis is way more than just evaluating Baker Hughes prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baker Hughes is a good investment. Please check the relationship between Baker Hughes Net Invested Capital and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baker Hughes Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Net Invested Capital account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Baker Hughes' Net Invested Capital and Long Term Debt is -0.39. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Baker Hughes Co, assuming nothing else is changed. The correlation between historical values of Baker Hughes' Net Invested Capital and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Baker Hughes Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Invested Capital i.e., Baker Hughes' Net Invested Capital and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Debt

Long-term debt is a debt that Baker Hughes has held for over one year. Long-term debt appears on Baker Hughes Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Baker Hughes Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Baker Hughes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baker Hughes current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baker Hughes Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

As of 11/22/2024, Selling General Administrative is likely to grow to about 2.8 B, while Tax Provision is likely to drop slightly above 463.8 M.

	2021	2022	2023	2024 (projected)
Total Revenue	20.5B	21.2B	25.5B	22.1B
Depreciation And Amortization	1.1B	1.1B	1.1B	1.1B

Total Revenue Depreciation And Amortization

Baker Hughes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.89	-0.57	0.66	0.4	0.42	-0.43	0.97	0.75	-0.57	0.8	0.87	0.95	0.38	0.4	0.83	0.87	0.85	0.83	0.22	0.81	0.84	0.61	0.79	-0.15	0.65
Short Long Term Debt Total	0.89		-0.59	0.78	0.23	0.7	-0.16	0.94	0.82	-0.77	0.82	0.92	0.76	0.59	0.46	0.95	0.92	0.87	0.53	0.43	0.93	0.93	0.74	0.82	0.26	0.65
Other Current Liab	-0.57	-0.59		-0.63	-0.3	-0.42	-0.22	-0.65	-0.86	0.85	-0.84	-0.43	-0.43	-0.38	-0.29	-0.71	-0.43	-0.8	-0.2	-0.63	-0.7	-0.8	-0.79	-0.59	-0.15	-0.89
Total Current Liabilities	0.66	0.78	-0.63		0.3	0.48	0.29	0.81	0.9	-0.88	0.92	0.57	0.48	0.58	0.04	0.86	0.57	0.92	0.21	0.83	0.92	0.88	0.95	0.96	0.42	0.78
Total Stockholder Equity	0.4	0.23	-0.3	0.3		-0.02	-0.06	0.36	0.34	-0.21	0.37	0.16	0.4	0.43	0.21	0.35	0.16	0.36	0.36	0.13	0.32	0.35	0.33	0.29	0.04	0.58
Other Liab	0.42	0.7	-0.42	0.48	-0.02		0.16	0.55	0.47	-0.67	0.45	0.72	0.22	0.32	0.29	0.7	0.72	0.53	-0.02	0.38	0.68	0.65	0.53	0.41	0.58	0.41
Net Tangible Assets	-0.43	-0.16	-0.22	0.29	-0.06	0.16		-0.23	0.15	-0.4	0.09	-0.37	-0.65	0.2	-0.52	0.01	-0.37	0.03	-0.81	0.65	0.06	0.01	0.32	0.11	0.68	0.2
Property Plant And Equipment Net	0.97	0.94	-0.65	0.81	0.36	0.55	-0.23		0.85	-0.74	0.9	0.88	0.87	0.43	0.34	0.92	0.88	0.94	0.67	0.43	0.92	0.94	0.77	0.89	0.04	0.75
Net Debt	0.75	0.82	-0.86	0.9	0.34	0.47	0.15	0.85		-0.92	0.98	0.6	0.61	0.66	0.34	0.92	0.6	0.95	0.34	0.74	0.93	0.95	0.95	0.87	0.31	0.88
Retained Earnings	-0.57	-0.77	0.85	-0.88	-0.21	-0.67	-0.4	-0.74	-0.92		-0.9	-0.59	-0.35	-0.58	-0.21	-0.87	-0.59	-0.89	-0.04	-0.86	-0.89	-0.91	-0.95	-0.78	-0.51	-0.87
Accounts Payable	0.8	0.82	-0.84	0.92	0.37	0.45	0.09	0.9	0.98	-0.9		0.65	0.66	0.55	0.25	0.91	0.65	0.99	0.41	0.73	0.93	0.96	0.95	0.91	0.19	0.9
Cash	0.87	0.92	-0.43	0.57	0.16	0.72	-0.37	0.88	0.6	-0.59	0.65		0.77	0.29	0.46	0.8	1.0	0.74	0.61	0.2	0.77	0.8	0.53	0.64	0.07	0.52
Non Current Assets Total	0.95	0.76	-0.43	0.48	0.4	0.22	-0.65	0.87	0.61	-0.35	0.66	0.77		0.27	0.51	0.68	0.77	0.71	0.94	0.01	0.66	0.7	0.44	0.64	-0.33	0.51
Non Currrent Assets Other	0.38	0.59	-0.38	0.58	0.43	0.32	0.2	0.43	0.66	-0.58	0.55	0.29	0.27		0.41	0.7	0.29	0.49	0.09	0.5	0.63	0.6	0.61	0.52	0.58	0.48
Other Assets	0.4	0.46	-0.29	0.04	0.21	0.29	-0.52	0.34	0.34	-0.21	0.25	0.46	0.51	0.41		0.41	0.46	0.26	0.42	-0.09	0.31	0.41	0.19	0.02	0.07	0.29
Long Term Debt	0.83	0.95	-0.71	0.86	0.35	0.7	0.01	0.92	0.92	-0.87	0.91	0.8	0.68	0.7	0.41		0.8	0.93	0.41	0.6	0.98	0.98	0.88	0.85	0.37	0.78
Cash And Short Term Investments	0.87	0.92	-0.43	0.57	0.16	0.72	-0.37	0.88	0.6	-0.59	0.65	1.0	0.77	0.29	0.46	0.8		0.74	0.61	0.2	0.77	0.8	0.53	0.64	0.07	0.52
Net Receivables	0.85	0.87	-0.8	0.92	0.36	0.53	0.03	0.94	0.95	-0.89	0.99	0.74	0.71	0.49	0.26	0.93	0.74		0.45	0.69	0.95	0.97	0.93	0.92	0.18	0.88
Good Will	0.83	0.53	-0.2	0.21	0.36	-0.02	-0.81	0.67	0.34	-0.04	0.41	0.61	0.94	0.09	0.42	0.41	0.61	0.45		-0.29	0.38	0.42	0.13	0.42	-0.58	0.26
Common Stock Shares Outstanding	0.22	0.43	-0.63	0.83	0.13	0.38	0.65	0.43	0.74	-0.86	0.73	0.2	0.01	0.5	-0.09	0.6	0.2	0.69	-0.29		0.67	0.65	0.88	0.65	0.56	0.72
Long Term Debt Total	0.81	0.93	-0.7	0.92	0.32	0.68	0.06	0.92	0.93	-0.89	0.93	0.77	0.66	0.63	0.31	0.98	0.77	0.95	0.38	0.67		0.98	0.92	0.9	0.37	0.79
Non Current Liabilities Total	0.84	0.93	-0.8	0.88	0.35	0.65	0.01	0.94	0.95	-0.91	0.96	0.8	0.7	0.6	0.41	0.98	0.8	0.97	0.42	0.65	0.98		0.91	0.86	0.3	0.86
Capital Surpluse	0.61	0.74	-0.79	0.95	0.33	0.53	0.32	0.77	0.95	-0.95	0.95	0.53	0.44	0.61	0.19	0.88	0.53	0.93	0.13	0.88	0.92	0.91		0.85	0.44	0.89
Inventory	0.79	0.82	-0.59	0.96	0.29	0.41	0.11	0.89	0.87	-0.78	0.91	0.64	0.64	0.52	0.02	0.85	0.64	0.92	0.42	0.65	0.9	0.86	0.85		0.23	0.7
Other Current Assets	-0.15	0.26	-0.15	0.42	0.04	0.58	0.68	0.04	0.31	-0.51	0.19	0.07	-0.33	0.58	0.07	0.37	0.07	0.18	-0.58	0.56	0.37	0.3	0.44	0.23		0.23
Other Stockholder Equity	0.65	0.65	-0.89	0.78	0.58	0.41	0.2	0.75	0.88	-0.87	0.9	0.52	0.51	0.48	0.29	0.78	0.52	0.88	0.26	0.72	0.79	0.86	0.89	0.7	0.23

Click cells to compare fundamentals

Baker Hughes Account Relationship Matchups

Baker Hughes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.4B	38.0B	35.3B	34.2B	36.9B	43.0B
Short Long Term Debt Total	6.6B	7.6B	6.7B	6.7B	6.0B	6.9B
Other Current Liab	2.6B	2.4B	2.1B	2.3B	2.8B	2.2B
Total Current Liabilities	10.0B	10.2B	9.2B	11.1B	13.0B	10.2B
Total Stockholder Equity	34.5B	18.2B	16.7B	14.5B	15.4B	18.8B
Other Liab	1.9B	2.8B	2.7B	2.0B	2.3B	2.5B
Net Tangible Assets	(4.1B)	12.9B	6.7B	14.4B	16.6B	17.4B
Property Plant And Equipment Net	6.2B	5.4B	4.9B	4.5B	5.7B	5.5B
Net Debt	3.4B	3.5B	2.9B	4.2B	3.4B	2.5B
Retained Earnings	0.0	(9.9B)	(10.2B)	(10.8B)	(8.8B)	(8.4B)
Accounts Payable	4.3B	3.5B	3.7B	4.3B	4.5B	3.8B
Cash	3.2B	4.1B	3.9B	2.5B	2.6B	3.6B
Non Current Assets Total	38.1B	21.6B	20.3B	19.6B	20.6B	20.0B
Non Currrent Assets Other	4.0B	3.8B	3.7B	4.3B	2.3B	3.2B
Other Assets	5.0B	5.8B	5.3B	4.2B	1M	950K
Long Term Debt	6.3B	6.7B	6.7B	6.0B	5.9B	6.2B
Cash And Short Term Investments	3.2B	4.1B	3.9B	2.5B	2.6B	3.6B
Net Receivables	6.4B	5.6B	5.7B	6.0B	7.1B	5.8B
Good Will	20.7B	6.0B	6.0B	5.9B	6.1B	8.8B
Common Stock Shares Outstanding	557M	675M	824M	987M	1.0B	706.2M
Long Term Debt Total	6.3B	6.7B	6.7B	6.0B	6.9B	6.2B
Liabilities And Stockholders Equity	53.4B	38.0B	35.3B	34.2B	36.9B	42.2B
Non Current Liabilities Total	8.9B	9.6B	9.4B	8.6B	8.4B	8.1B
Capital Surpluse	23.6B	24.6B	27.4B	28.1B	32.3B	20.9B
Inventory	4.6B	4.4B	4.0B	4.6B	5.1B	4.7B
Other Current Assets	949M	2.3B	1.6B	1.6B	1.5B	1.4B
Other Stockholder Equity	36.1B	24.6B	27.4B	28.1B	27.0B	22.7B
Total Liab	18.9B	19.8B	18.6B	19.7B	21.4B	18.2B
Deferred Long Term Liab	181M	186M	127M	229M	206.1M	173.7M
Short Long Term Debt	321M	889M	40M	677M	148M	140.6M
Total Current Assets	15.2B	16.5B	15.1B	14.6B	16.3B	15.5B
Accumulated Other Comprehensive Income	(1.6B)	(1.8B)	(2.4B)	(3.0B)	(2.8B)	(2.9B)
Short Term Debt	321M	889M	40M	677M	148M	140.6M
Intangible Assets	5.4B	4.4B	4.1B	4.2B	4.1B	4.8B
Common Stock	34.5B	18.2B	16.7B	1.0B	905.4M	860.1M
Property Plant Equipment	7.1B	5.4B	4.9B	4.5B	4.1B	4.4B
Current Deferred Revenue	2.9B	3.5B	3.3B	3.8B	5.5B	3.3B
Property Plant And Equipment Gross	6.2B	5.4B	4.9B	4.5B	10.6B	6.5B
Non Current Liabilities Other	1.4B	2.6B	1.6B	1.6B	1.4B	1.5B

Pair Trading with Baker Hughes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baker Hughes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baker Hughes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Baker Stock

0.95

Tenaris SA ADR

Pair Corr

Moving against Baker Stock

0.74	TDW	Tidewater	Pair Corr
0.72	XPRO	Expro Group Holdings	Pair Corr
0.57	DTI	Drilling Tools Inter	Pair Corr
0.39	WFRD	Weatherford International	Pair Corr
0.36	ENSV	Enservco	Pair Corr

The ability to find closely correlated positions to Baker Hughes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baker Hughes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baker Hughes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baker Hughes Co to buy it.

The correlation of Baker Hughes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baker Hughes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baker Hughes moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Baker Hughes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Baker Stock Analysis

When running Baker Hughes' price analysis, check to measure Baker Hughes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.

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