Baker Intangible Assets vs Inventory Analysis

0RR8 Stock   42.06  0.27  0.65%   
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 Intangible Assets and its Inventory 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 board of governors.

Intangible Assets vs Inventory

Intangible Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Intangible Assets account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Baker Hughes' Intangible Assets and Inventory is 0.76. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Inventory 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' Intangible Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Baker Hughes Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Intangible Assets i.e., Baker Hughes' Intangible Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Inventory

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 board of governors.
Tax Provision is likely to drop to about 546.5 M in 2025. Selling General Administrative is likely to drop to about 2.1 B in 2025
 2022 2023 2024 2025 (projected)
Total Revenue21.2B25.5B27.8B22.9B
Depreciation And Amortization1.1B1.1B1.1B1.1B

Baker Hughes fundamental ratios Correlations

0.89-0.570.590.40.970.750.790.870.940.380.340.870.830.80.240.840.77-0.10.430.780.870.460.990.080.53
0.89-0.750.770.30.960.920.920.860.740.560.290.860.940.460.570.990.850.270.660.950.970.360.92-0.150.77
-0.57-0.75-0.59-0.3-0.65-0.85-0.82-0.43-0.41-0.4-0.15-0.43-0.79-0.17-0.62-0.79-0.59-0.18-0.39-0.75-0.680.27-0.570.35-0.71
0.590.77-0.590.260.730.810.90.520.380.7-0.270.520.90.070.860.810.930.510.70.920.860.040.57-0.520.97
0.40.3-0.30.260.360.350.370.160.40.40.170.160.350.350.140.350.290.060.290.330.29-0.170.32-0.530.29
0.970.96-0.650.730.360.850.880.880.850.450.240.880.930.630.450.940.870.090.560.90.960.40.97-0.060.7
0.750.92-0.850.810.350.850.960.610.590.650.190.610.940.30.730.950.860.350.740.950.880.10.76-0.380.85
0.790.92-0.820.90.370.880.960.640.620.620.030.640.990.330.770.950.920.280.680.970.920.060.78-0.380.91
0.870.86-0.430.520.160.880.610.640.770.310.351.00.730.580.230.80.630.10.390.720.870.620.90.190.48
0.940.74-0.410.380.40.850.590.620.770.240.510.770.660.930.00.680.59-0.320.270.590.690.530.920.270.3
0.380.56-0.40.70.40.450.650.620.310.240.060.310.580.00.620.620.60.630.790.670.570.090.37-0.530.64
0.340.29-0.15-0.270.170.240.190.030.350.510.060.350.030.52-0.350.23-0.16-0.190.060.050.110.490.380.4-0.27
0.870.86-0.430.520.160.880.610.641.00.770.310.350.730.580.230.80.630.10.390.720.870.620.90.190.48
0.830.94-0.790.90.350.930.940.990.730.660.580.030.730.360.730.960.930.270.650.980.960.130.82-0.320.91
0.80.46-0.170.070.350.630.30.330.580.930.00.520.580.36-0.320.380.33-0.590.00.270.40.520.760.46-0.03
0.240.57-0.620.860.140.450.730.770.230.00.62-0.350.230.73-0.320.660.710.620.690.770.64-0.260.26-0.670.93
0.840.99-0.790.810.350.940.950.950.80.680.620.230.80.960.380.660.860.340.710.970.970.240.86-0.260.83
0.770.85-0.590.930.290.870.860.920.630.590.6-0.160.630.930.330.710.860.320.70.930.90.220.76-0.380.89
-0.10.27-0.180.510.060.090.350.280.1-0.320.63-0.190.10.27-0.590.620.340.320.620.420.33-0.03-0.07-0.660.55
0.430.66-0.390.70.290.560.740.680.390.270.790.060.390.650.00.690.710.70.620.760.650.210.46-0.470.7
0.780.95-0.750.920.330.90.950.970.720.590.670.050.720.980.270.770.970.930.420.760.970.180.79-0.380.92
0.870.97-0.680.860.290.960.880.920.870.690.570.110.870.960.40.640.970.90.330.650.970.340.88-0.210.84
0.460.360.270.04-0.170.40.10.060.620.530.090.490.620.130.52-0.260.240.22-0.030.210.180.340.530.48-0.11
0.990.92-0.570.570.320.970.760.780.90.920.370.380.90.820.760.260.860.76-0.070.460.790.880.530.120.52
0.08-0.150.35-0.52-0.53-0.06-0.38-0.380.190.27-0.530.40.19-0.320.46-0.67-0.26-0.38-0.66-0.47-0.38-0.210.480.12-0.6
0.530.77-0.710.970.290.70.850.910.480.30.64-0.270.480.91-0.030.930.830.890.550.70.920.84-0.110.52-0.6
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Baker Hughes Account Relationship Matchups

Baker Hughes fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets38.0B35.3B34.2B36.9B38.4B42.9B
Short Long Term Debt Total7.6B6.7B6.7B6.0B6.0B6.2B
Other Current Liab2.4B2.1B2.3B2.8B2.7B2.2B
Total Current Liabilities10.2B9.2B11.1B13.0B14.9B10.6B
Total Stockholder Equity18.2B16.7B14.5B15.4B17.1B18.8B
Property Plant And Equipment Net5.4B4.9B4.5B5.7B5.1B5.5B
Net Debt3.5B2.9B4.2B3.4B2.7B2.5B
Accounts Payable3.5B3.7B4.3B4.5B4.5B3.9B
Cash4.1B3.9B2.5B2.6B3.4B3.6B
Non Current Assets Total21.6B20.3B19.6B20.6B21.2B19.7B
Non Currrent Assets Other3.8B3.7B4.3B2.3B4.7B3.4B
Other Assets5B4.5B4.2B1M900K855K
Cash And Short Term Investments4.1B3.9B2.5B2.6B3.4B3.6B
Net Receivables5.6B5.7B6.0B7.1B7.1B6.0B
Good Will6.0B6.0B5.9B6.1B6.1B8.4B
Common Stock Shares Outstanding675M824M987M1.0B1.0B745.7M
Liabilities And Stockholders Equity38.0B35.3B34.2B36.9B38.4B42.2B
Non Current Liabilities Total9.6B9.4B8.6B8.4B8.3B8.2B
Inventory4.4B4.0B4.6B5.1B5.0B4.8B
Other Current Assets2.3B1.6B1.6B1.5B1.8B1.4B
Other Stockholder Equity24.6B27.4B28.1B27.0B20.2B21.8B
Total Liab19.8B18.6B19.7B21.4B21.3B18.8B
Total Current Assets16.5B15.1B14.6B16.3B17.2B15.8B
Accumulated Other Comprehensive Income(1.8B)(2.4B)(3.0B)(2.8B)(3.2B)(3.3B)
Short Term Debt889M40M677M148M53M50.4M
Intangible Assets4.4B4.1B4.2B4.1B4.0B4.8B
Current Deferred Revenue3.5B3.3B3.8B5.5B5.7B3.7B
Other Liab1.9B2.2B2.1B2.0B1.8B1.7B
Net Tangible Assets(4.1B)2.5B4.7B4.3B4.9B5.2B
Long Term Debt6.2B6.3B6.7B6.7B7.7B7.1B
Property Plant Equipment7.1B6.2B5.7B5.3B4.8B5.0B
Short Term Investments1.5B1.0B748M891M1.0B978.6M

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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.