Baker Net Tangible Assets vs Total Stockholder Equity Analysis

BKR Stock  USD 31.49  0.66  2.05%   
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 Tangible Assets and its Total Stockholder Equity 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 tightly coupled with the direction of predictive economic indicators such as signals in industry.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Baker Hughes' Net Tangible Assets and Total Stockholder Equity is -0.06. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity 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 Tangible Assets and Total Stockholder Equity 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 Tangible Assets of Baker Hughes Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Baker Hughes' Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 tightly coupled with the direction of predictive economic indicators such as signals in industry.
As of 06/04/2024, 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 Amortization1.1B855M1.1B1.1B

Baker Hughes fundamental ratios Correlations

0.89-0.570.660.40.42-0.430.980.75-0.570.80.870.950.40.40.830.870.850.830.220.810.840.610.79-0.150.64
0.89-0.750.850.290.65-0.080.960.92-0.860.930.860.760.60.440.970.860.960.50.570.960.990.860.860.230.82
-0.57-0.75-0.63-0.3-0.42-0.22-0.65-0.860.85-0.84-0.43-0.43-0.42-0.29-0.71-0.43-0.8-0.2-0.63-0.7-0.8-0.79-0.59-0.15-0.89
0.660.85-0.630.30.480.290.760.9-0.880.920.570.480.710.040.860.570.920.210.830.920.880.950.960.420.78
0.40.29-0.30.3-0.02-0.060.370.34-0.210.370.160.40.430.210.350.160.360.360.130.320.350.330.290.040.57
0.420.65-0.420.48-0.020.160.550.47-0.670.450.720.220.340.290.70.720.53-0.020.380.680.650.530.410.580.48
-0.43-0.08-0.220.29-0.060.16-0.290.15-0.40.09-0.37-0.650.29-0.520.01-0.370.03-0.810.650.060.010.320.110.680.22
0.980.96-0.650.760.370.55-0.290.83-0.710.870.90.890.490.420.920.90.920.710.370.90.930.730.840.030.73
0.750.92-0.860.90.340.470.150.83-0.920.980.60.610.730.340.920.60.950.340.740.930.950.950.870.310.88
-0.57-0.860.85-0.88-0.21-0.67-0.4-0.71-0.92-0.9-0.59-0.35-0.66-0.21-0.87-0.59-0.89-0.04-0.86-0.89-0.91-0.95-0.78-0.51-0.88
0.80.93-0.840.920.370.450.090.870.98-0.90.650.660.640.250.910.650.990.410.730.930.960.950.910.190.89
0.870.86-0.430.570.160.72-0.370.90.6-0.590.650.770.290.460.81.00.740.610.20.770.80.530.640.070.53
0.950.76-0.430.480.40.22-0.650.890.61-0.350.660.770.270.510.680.770.710.940.010.660.70.440.64-0.330.49
0.40.6-0.420.710.430.340.290.490.73-0.660.640.290.270.290.740.290.580.050.640.710.660.730.630.620.56
0.40.44-0.290.040.210.29-0.520.420.34-0.210.250.460.510.290.410.460.260.42-0.090.310.410.190.020.070.32
0.830.97-0.710.860.350.70.010.920.92-0.870.910.80.680.740.410.80.930.410.60.980.980.880.850.370.8
0.870.86-0.430.570.160.72-0.370.90.6-0.590.651.00.770.290.460.80.740.610.20.770.80.530.640.070.53
0.850.96-0.80.920.360.530.030.920.95-0.890.990.740.710.580.260.930.740.450.690.950.970.930.920.180.88
0.830.5-0.20.210.36-0.02-0.810.710.34-0.040.410.610.940.050.420.410.610.45-0.290.380.420.130.42-0.580.23
0.220.57-0.630.830.130.380.650.370.74-0.860.730.20.010.64-0.090.60.20.69-0.290.670.650.880.650.560.72
0.810.96-0.70.920.320.680.060.90.93-0.890.930.770.660.710.310.980.770.950.380.670.980.920.90.370.8
0.840.99-0.80.880.350.650.010.930.95-0.910.960.80.70.660.410.980.80.970.420.650.980.910.860.30.87
0.610.86-0.790.950.330.530.320.730.95-0.950.950.530.440.730.190.880.530.930.130.880.920.910.850.440.89
0.790.86-0.590.960.290.410.110.840.87-0.780.910.640.640.630.020.850.640.920.420.650.90.860.850.230.69
-0.150.23-0.150.420.040.580.680.030.31-0.510.190.07-0.330.620.070.370.070.18-0.580.560.370.30.440.230.29
0.640.82-0.890.780.570.480.220.730.88-0.880.890.530.490.560.320.80.530.880.230.720.80.870.890.690.29
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 Total6.6B7.6B6.7B6.7B6.0B6.1B
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 Net6.2B5.4B4.9B4.5B4.9B5.4B
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 Other4.0B3.8B3.7B4.3B3.0B3.3B
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 Equity36.1B30.0B29.3B27.3B27.0B23.5B
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

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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.