Baker Property Plant Equipment vs Common Stock Analysis

BKR Stock  USD 32.09  0.93  2.82%   
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 Property Plant Equipment and its Common Stock 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.

Property Plant Equipment vs Common Stock

Property Plant Equipment vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Baker Hughes' Property Plant Equipment and Common Stock is 0.53. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock 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' Property Plant Equipment and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Baker Hughes Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Baker Hughes' Property Plant Equipment and Common Stock go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Common Stock

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 05/23/2024, 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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When determining whether Baker Hughes is a strong investment it is important to analyze Baker Hughes' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baker Hughes' future performance. For an informed investment choice regarding Baker Stock, refer to the following important reports:
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.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is Baker Hughes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baker Hughes. If investors know Baker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baker Hughes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
0.8
Earnings Share
1.79
Revenue Per Share
26.078
Quarterly Revenue Growth
0.123
The market value of Baker Hughes is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.