Baker Hughes Co Stock Z Score

BKR Stock  USD 43.88  1.04  2.43%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Baker Hughes Piotroski F Score and Baker Hughes Valuation analysis.
  
At this time, Baker Hughes' Net Working Capital is relatively stable compared to the past year. As of 03/18/2025, Return On Capital Employed is likely to grow to 0.13, while Capital Surpluse is likely to drop slightly above 20.9 B. At this time, Baker Hughes' Tax Provision is relatively stable compared to the past year. As of 03/18/2025, Interest Expense is likely to grow to about 224.6 M, while Gross Profit is likely to drop slightly above 4.7 B.

Baker Hughes Co Company Z Score Analysis

Baker Hughes' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Baker Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Baker Hughes is extremely important. It helps to project a fair market value of Baker Stock properly, considering its historical fundamentals such as Z Score. Since Baker Hughes' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Baker Hughes' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Baker Hughes' interrelated accounts and indicators.
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-0.22-0.13-0.49-0.220.28-0.34-0.28-0.340.11-0.32-0.3-0.330.270.19-0.330.210.36-0.190.480.36-0.420.170.41-0.39
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0.870.290.050.88-0.860.920.950.960.40.970.870.97-0.08-0.330.57-0.810.230.880.01-0.20.84-0.25-0.750.63
-0.74-0.3-0.04-0.850.83-0.86-0.76-0.87-0.36-0.75-0.78-0.810.250.21-0.51-0.81-0.07-0.75-0.040.58-0.720.310.72-0.54
0.41-0.24-0.66-0.010.08-0.040.150.040.550.12-0.170.040.760.360.90.23-0.070.480.610.45-0.250.190.34-0.26
0.990.32-0.370.76-0.610.780.850.820.760.830.610.790.07-0.190.750.88-0.750.480.410.060.52-0.06-0.530.25
0.430.21-0.94-0.070.3-0.120.06-0.070.810.01-0.29-0.130.240.480.530.01-0.040.610.410.56-0.450.480.41-0.5
0.070.1-0.59-0.320.5-0.37-0.1-0.340.41-0.14-0.41-0.280.360.360.13-0.20.580.450.060.56-0.480.410.46-0.51
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0.220.110.680.66-0.840.610.670.61-0.380.680.760.7-0.5-0.390.020.63-0.54-0.260.25-0.5-0.510.78-0.52-0.68
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

In accordance with the company's disclosures, Baker Hughes Co has a Z Score of 0.0. This is 100.0% lower than that of the Energy Equipment & Services sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

Baker Hughes ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Baker Hughes' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Baker Hughes' managers, analysts, and investors.
Environmental
Governance
Social

Baker Hughes Institutional Holders

Institutional Holdings refers to the ownership stake in Baker Hughes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Baker Hughes' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Baker Hughes' value.
Shares
Amundi2024-12-31
14.1 M
Victory Capital Management Inc.2024-12-31
14.1 M
Morgan Stanley - Brokerage Accounts2024-12-31
13.5 M
T. Rowe Price Associates, Inc.2024-12-31
12.6 M
Dimensional Fund Advisors, Inc.2024-12-31
11.6 M
Amvescap Plc.2024-12-31
10.5 M
Northern Trust Corp2024-12-31
10 M
Alliancebernstein L.p.2024-12-31
9.7 M
Hotchkis & Wiley Capital Management Llc2024-12-31
9.2 M
Vanguard Group Inc2024-12-31
121.2 M
Blackrock Inc2024-12-31
94.4 M

Baker Fundamentals

About Baker Hughes Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Baker Hughes Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baker Hughes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baker Hughes Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 against Baker Stock

  0.46HLX Helix Energy SolutionsPairCorr
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.