Baker Change To Netincome vs Net Borrowings 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 Change To Netincome and its Net Borrowings 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.

Change To Netincome vs Net Borrowings

Change To Netincome vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Change To Netincome account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Baker Hughes' Change To Netincome and Net Borrowings is -0.35. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Net Borrowings 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' Change To Netincome and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Baker Hughes Co are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Netincome i.e., Baker Hughes' Change To Netincome and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
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
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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
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

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