Baker Hughes Co (Baker Hughes Co) Debt-to-Equity

: 0.39 (As of Dec. 2023)

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Baker Hughes Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $148 Mil. Baker Hughes Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,873 Mil. Baker Hughes Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15,368 Mil. Baker Hughes Co's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Baker Hughes Co's Debt-to-Equity or its related term are showing as below:

BKR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.43 Max: 0.59
Current: 0.39

During the past 9 years, the highest Debt-to-Equity Ratio of Baker Hughes Co was 0.59. The lowest was 0.02. And the median was 0.43.

BKR's Debt-to-Equity is ranked better than
54.21% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs BKR: 0.39

Baker Hughes Co Debt-to-Equity Historical Data

The historical data trend for Baker Hughes Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Baker Hughes Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.30

0.59

0.45

0.46

0.39

Baker Hughes Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.46	0.45	0.44	0.44	0.39

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Baker Hughes Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Baker Hughes Co Debt-to-Equity Distribution

For the Oil & Gas industry and Energy sector, Baker Hughes Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Baker Hughes Co's Debt-to-Equity falls into.

Baker Hughes Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baker Hughes Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(148	+	5873)	/	15368
	=	0.39

Baker Hughes Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(148	+	5873)	/	15368
	=	0.39

Baker Hughes Co (NAS:BKR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Baker Hughes Co Debt-to-Equity Related Terms

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Baker Hughes Co (Baker Hughes Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baker Hughes Co (NAS:BKR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BKR:Mexico 68V:Germany 68V:Germany 68V:Germany B1KR34:Brazil BKR:Austria

Address

17021 Aldine Westfield Road, Houston, TX, USA, 77073-5101

Website

https://www.bakerhughes.com

Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

Executives

Maria C Borras	officer: EVP, Oilfield Services & Equip	2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Regina Jones	officer: Chief Legal Officer	7102 COMMERCE WAY, BRENTWOOD TN 37027
Lorenzo Simonelli	director, officer: Chairman, President and CEO	17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
James E Apostolides	officer: SVP, Enterprise Op Excellence	17021 ALDINE WESTFIELD RD, HOUSTON TX 77073
Rebecca L Charlton	officer: SVP, Controller & CAO	17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Nelda J Connors	director	BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Mohsen Sohi	director	C/O STERIS CORPORATION, 5960 HEISLEY ROAD, MENTOR OH 44060
Michael R Dumais	director	870 WINTER STREET, WALTHAM MA 02451
William G Beattie	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John G Rice	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Lynn Laverty Elsenhans	director	6400 POPLAR AVENUE, MEMPHIS TN 38197
Cynthia B Carroll	director	C/O ALCAN INC., 1188 SHERBROOKE STREET WEST, MONTREAL A8 H3A 3G2
Gregory D Brenneman	director
Kurt Camilleri	officer: SVP/Controller/Chief Acctg Off	17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Sreeganesh Ramaswamy	officer: EVP, Industrial & Energy Tech	5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209