Baker Total Stockholder Equity vs Total Current Liabilities Analysis

0RR8 Stock   40.12  0.31  0.78%   
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 Stockholder Equity and its Total Current Liabilities 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.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Baker Hughes' Total Stockholder Equity and Total Current Liabilities is 0.3. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities 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 Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Baker Hughes Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Baker Hughes' Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Total Current Liabilities

Total Current Liabilities is an item on Baker Hughes balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Baker Hughes Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 2024. Selling General Administrative is likely to drop to about 2.1 B in 2024
 2021 2022 2023 2024 (projected)
Total Revenue20.5B21.2B25.5B22.1B
Depreciation And Amortization1.1B1.1B1.1B1.1B

Baker Hughes fundamental ratios Correlations

0.89-0.560.660.40.970.750.80.870.950.380.420.870.850.830.220.840.79-0.150.430.80.880.50.990.110.56
0.89-0.740.850.290.960.920.930.860.760.550.410.860.960.50.570.990.860.230.660.960.980.410.92-0.110.8
-0.56-0.74-0.62-0.3-0.65-0.85-0.83-0.42-0.42-0.37-0.24-0.42-0.79-0.2-0.62-0.79-0.58-0.14-0.38-0.74-0.670.24-0.580.32-0.73
0.660.85-0.620.30.810.90.920.570.480.580.010.570.920.210.830.880.960.420.830.950.880.220.69-0.450.96
0.40.29-0.30.30.360.340.370.160.40.430.210.160.360.360.130.350.290.040.290.340.29-0.160.32-0.540.31
0.970.96-0.650.810.360.850.90.880.870.430.330.880.940.670.430.940.890.040.560.910.970.450.97-0.020.73
0.750.92-0.850.90.340.850.980.60.610.660.310.60.950.340.740.950.870.310.740.960.880.150.77-0.350.9
0.80.93-0.830.920.370.90.980.650.660.550.220.650.990.410.730.960.910.190.70.970.910.140.82-0.310.91
0.870.86-0.420.570.160.880.60.650.770.290.441.00.740.610.20.80.640.070.380.730.880.670.90.230.49
0.950.76-0.420.480.40.870.610.660.770.270.560.770.710.940.010.70.64-0.330.270.630.730.540.920.280.35
0.380.55-0.370.580.430.430.660.550.290.270.370.290.490.090.50.60.520.580.870.610.50.230.4-0.460.52
0.420.41-0.240.010.210.330.310.220.440.560.370.440.230.5-0.160.360.01-0.050.10.230.290.440.430.32-0.04
0.870.86-0.420.570.160.880.60.651.00.770.290.440.740.610.20.80.640.070.380.730.880.670.90.230.49
0.850.96-0.790.920.360.940.950.990.740.710.490.230.740.450.690.970.920.180.670.980.960.230.87-0.250.9
0.830.5-0.20.210.360.670.340.410.610.940.090.50.610.45-0.290.420.42-0.580.020.350.480.510.780.440.05
0.220.57-0.620.830.130.430.740.730.20.010.5-0.160.20.69-0.290.650.650.560.750.740.58-0.180.27-0.630.91
0.840.99-0.790.880.350.940.950.960.80.70.60.360.80.970.420.650.860.30.710.980.970.30.87-0.220.86
0.790.86-0.580.960.290.890.870.910.640.640.520.010.640.920.420.650.860.230.730.930.890.340.81-0.310.87
-0.150.23-0.140.420.040.040.310.190.07-0.330.58-0.050.070.18-0.580.560.30.230.630.350.250.04-0.09-0.620.47
0.430.66-0.380.830.290.560.740.70.380.270.870.10.380.670.020.750.710.730.630.780.660.240.46-0.470.78
0.80.96-0.740.950.340.910.960.970.730.630.610.230.730.980.350.740.980.930.350.780.960.280.83-0.320.93
0.880.98-0.670.880.290.970.880.910.880.730.50.290.880.960.480.580.970.890.250.660.960.440.92-0.140.83
0.50.410.240.22-0.160.450.150.140.670.540.230.440.670.230.51-0.180.30.340.040.240.280.440.550.450.0
0.990.92-0.580.690.320.970.770.820.90.920.40.430.90.870.780.270.870.81-0.090.460.830.920.550.130.58
0.11-0.110.32-0.45-0.54-0.02-0.35-0.310.230.28-0.460.320.23-0.250.44-0.63-0.22-0.31-0.62-0.47-0.32-0.140.450.13-0.55
0.560.8-0.730.960.310.730.90.910.490.350.52-0.040.490.90.050.910.860.870.470.780.930.830.00.58-0.55
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
Property Plant And Equipment Net6.2B5.4B4.9B4.5B5.7B5.5B
Net Debt3.4B3.5B2.9B4.2B3.4B2.5B
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 Other4.0B3.8B3.7B4.3B2.3B3.2B
Other Assets5.0B5B4.5B4.2B1M950K
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
Liabilities And Stockholders Equity53.4B38.0B35.3B34.2B36.9B42.2B
Non Current Liabilities Total8.9B9.6B9.4B8.6B8.4B8.1B
Inventory4.6B4.4B4.0B4.6B5.1B4.7B
Other Current Assets949M2.3B1.6B1.6B1.5B1.4B
Other Stockholder Equity23.6B24.6B27.4B28.1B27.0B21.8B
Total Liab18.9B19.8B18.6B19.7B21.4B18.2B
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
Current Deferred Revenue2.9B3.5B3.3B3.8B5.5B3.3B
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.