Baker Total Assets vs Long Term Investments 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 Total Assets and its Long Term Investments 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.

Total Assets vs Long Term Investments

Total Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Total Assets account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Baker Hughes' Total Assets and Long Term Investments is -0.21. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Investments 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' Total Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Baker Hughes Co are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Assets i.e., Baker Hughes' Total Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Baker Hughes assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Baker Hughes books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Investments

Long Term Investments is an item on the asset side of Baker Hughes balance sheet that represents investments Baker Hughes intends to hold for over a year. Baker Hughes Co long term investments may include different instruments such as stocks, bonds, real estate and cash.
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
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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.