Baker Long Term Debt Total vs Net Debt Analysis

BKR Stock  USD 42.33  0.13  0.31%   
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 Long Term Debt Total and its Net 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.

Long Term Debt Total vs Net Debt

Long Term Debt Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Long Term Debt Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Baker Hughes' Long Term Debt Total and Net Debt is 0.93. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net 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' Long Term Debt Total and Net 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 Long Term Debt Total of Baker Hughes Co are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt Total i.e., Baker Hughes' Long Term Debt Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 12/12/2024, 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 Revenue20.5B21.2B25.5B22.1B
Depreciation And Amortization1.1B1.1B1.1B1.1B

Baker Hughes fundamental ratios Correlations

0.89-0.570.660.40.42-0.430.970.75-0.570.80.870.950.380.40.830.870.850.830.220.810.840.610.79-0.150.65
0.89-0.590.780.230.7-0.160.940.82-0.770.820.920.760.590.460.950.920.870.530.430.930.930.740.820.260.65
-0.57-0.59-0.63-0.3-0.42-0.22-0.65-0.860.85-0.84-0.43-0.43-0.38-0.29-0.71-0.43-0.8-0.2-0.63-0.7-0.8-0.79-0.59-0.15-0.89
0.660.78-0.630.30.480.290.810.9-0.880.920.570.480.580.040.860.570.920.210.830.920.880.950.960.420.78
0.40.23-0.30.3-0.02-0.060.360.34-0.210.370.160.40.430.210.350.160.360.360.130.320.350.330.290.040.58
0.420.7-0.420.48-0.020.160.550.47-0.670.450.720.220.320.290.70.720.53-0.020.380.680.650.530.410.580.41
-0.43-0.16-0.220.29-0.060.16-0.230.15-0.40.09-0.37-0.650.2-0.520.01-0.370.03-0.810.650.060.010.320.110.680.2
0.970.94-0.650.810.360.55-0.230.85-0.740.90.880.870.430.340.920.880.940.670.430.920.940.770.890.040.75
0.750.82-0.860.90.340.470.150.85-0.920.980.60.610.660.340.920.60.950.340.740.930.950.950.870.310.88
-0.57-0.770.85-0.88-0.21-0.67-0.4-0.74-0.92-0.9-0.59-0.35-0.58-0.21-0.87-0.59-0.89-0.04-0.86-0.89-0.91-0.95-0.78-0.51-0.87
0.80.82-0.840.920.370.450.090.90.98-0.90.650.660.550.250.910.650.990.410.730.930.960.950.910.190.9
0.870.92-0.430.570.160.72-0.370.880.6-0.590.650.770.290.460.81.00.740.610.20.770.80.530.640.070.52
0.950.76-0.430.480.40.22-0.650.870.61-0.350.660.770.270.510.680.770.710.940.010.660.70.440.64-0.330.51
0.380.59-0.380.580.430.320.20.430.66-0.580.550.290.270.410.70.290.490.090.50.630.60.610.520.580.48
0.40.46-0.290.040.210.29-0.520.340.34-0.210.250.460.510.410.410.460.260.42-0.090.310.410.190.020.070.29
0.830.95-0.710.860.350.70.010.920.92-0.870.910.80.680.70.410.80.930.410.60.980.980.880.850.370.78
0.870.92-0.430.570.160.72-0.370.880.6-0.590.651.00.770.290.460.80.740.610.20.770.80.530.640.070.52
0.850.87-0.80.920.360.530.030.940.95-0.890.990.740.710.490.260.930.740.450.690.950.970.930.920.180.88
0.830.53-0.20.210.36-0.02-0.810.670.34-0.040.410.610.940.090.420.410.610.45-0.290.380.420.130.42-0.580.26
0.220.43-0.630.830.130.380.650.430.74-0.860.730.20.010.5-0.090.60.20.69-0.290.670.650.880.650.560.72
0.810.93-0.70.920.320.680.060.920.93-0.890.930.770.660.630.310.980.770.950.380.670.980.920.90.370.79
0.840.93-0.80.880.350.650.010.940.95-0.910.960.80.70.60.410.980.80.970.420.650.980.910.860.30.86
0.610.74-0.790.950.330.530.320.770.95-0.950.950.530.440.610.190.880.530.930.130.880.920.910.850.440.89
0.790.82-0.590.960.290.410.110.890.87-0.780.910.640.640.520.020.850.640.920.420.650.90.860.850.230.7
-0.150.26-0.150.420.040.580.680.040.31-0.510.190.07-0.330.580.070.370.070.18-0.580.560.370.30.440.230.23
0.650.65-0.890.780.580.410.20.750.88-0.870.90.520.510.480.290.780.520.880.260.720.790.860.890.70.23
Click cells to compare fundamentals

Baker Hughes Account Relationship Matchups

Baker Hughes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.4B38.0B35.3B34.2B36.9B43.0B
Short Long Term Debt Total6.6B7.6B6.7B6.7B6.0B6.9B
Other Current Liab2.6B2.4B2.1B2.3B2.8B2.2B
Total Current Liabilities10.0B10.2B9.2B11.1B13.0B10.2B
Total Stockholder Equity34.5B18.2B16.7B14.5B15.4B18.8B
Other Liab1.9B2.8B2.7B2.0B2.3B2.5B
Net Tangible Assets(4.1B)12.9B6.7B14.4B16.6B17.4B
Property Plant And Equipment Net6.2B5.4B4.9B4.5B5.7B5.5B
Net Debt3.4B3.5B2.9B4.2B3.4B2.5B
Retained Earnings0.0(9.9B)(10.2B)(10.8B)(8.8B)(8.4B)
Accounts Payable4.3B3.5B3.7B4.3B4.5B3.8B
Cash3.2B4.1B3.9B2.5B2.6B3.6B
Non Current Assets Total38.1B21.6B20.3B19.6B20.6B20.0B
Non Currrent Assets Other4.0B3.8B3.7B4.3B2.3B3.2B
Other Assets5.0B5.8B5.3B4.2B1M950K
Long Term Debt6.3B6.7B6.7B6.0B5.9B6.2B
Cash And Short Term Investments3.2B4.1B3.9B2.5B2.6B3.6B
Net Receivables6.4B5.6B5.7B6.0B7.1B5.8B
Good Will20.7B6.0B6.0B5.9B6.1B8.8B
Common Stock Shares Outstanding557M675M824M987M1.0B706.2M
Long Term Debt Total6.3B6.7B6.7B6.0B6.9B6.2B
Liabilities And Stockholders Equity53.4B38.0B35.3B34.2B36.9B42.2B
Non Current Liabilities Total8.9B9.6B9.4B8.6B8.4B8.1B
Capital Surpluse23.6B24.6B27.4B28.1B32.3B20.9B
Inventory4.6B4.4B4.0B4.6B5.1B4.7B
Other Current Assets949M2.3B1.6B1.6B1.5B1.4B
Other Stockholder Equity36.1B24.6B27.4B28.1B27.0B22.7B
Total Liab18.9B19.8B18.6B19.7B21.4B18.2B
Deferred Long Term Liab181M186M127M229M206.1M173.7M
Short Long Term Debt321M889M40M677M148M140.6M
Total Current Assets15.2B16.5B15.1B14.6B16.3B15.5B
Accumulated Other Comprehensive Income(1.6B)(1.8B)(2.4B)(3.0B)(2.8B)(2.9B)
Short Term Debt321M889M40M677M148M140.6M
Intangible Assets5.4B4.4B4.1B4.2B4.1B4.8B
Common Stock34.5B18.2B16.7B1.0B905.4M860.1M
Property Plant Equipment7.1B5.4B4.9B4.5B4.1B4.4B
Current Deferred Revenue2.9B3.5B3.3B3.8B5.5B3.3B
Property Plant And Equipment Gross6.2B5.4B4.9B4.5B10.6B6.5B
Non Current Liabilities Other1.4B2.6B1.6B1.6B1.4B1.5B

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

  0.63NR Newpark ResourcesPairCorr
  0.96TS Tenaris SA ADRPairCorr
  0.78VTOL Bristow GroupPairCorr
  0.9EFXT EnerflexPairCorr

Moving against Baker Stock

  0.83TDW TidewaterPairCorr
  0.76XPRO Expro Group HoldingsPairCorr
  0.45DTI Drilling Tools InterPairCorr
  0.35DWSN Dawson GeophysicalPairCorr
  0.35WFRD Weatherford InternationalPairCorr
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 CorrelationCorrelation 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.