Baker Hughes Total Debt vs. Return On Asset
| 0RR8 Stock | 40.12 0.31 0.78% |
For Baker Hughes profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Baker Hughes to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Baker Hughes Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Baker Hughes's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Baker Hughes Co over time as well as its relative position and ranking within its peers.
Baker |
Baker Hughes Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Baker Hughes's current stock value. Our valuation model uses many indicators to compare Baker Hughes value to that of its competitors to determine the firm's financial worth. Baker Hughes Co is rated third in total debt category among its peers. It is number one stock in return on asset category among its peers . The ratio of Total Debt to Return On Asset for Baker Hughes Co is about 110,883,977,901 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Baker Hughes' earnings, one of the primary drivers of an investment's value.Baker Total Debt vs. Competition
Baker Hughes Co is rated third in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 30.41 Billion. Baker Hughes retains roughly 6.02 Billion in total debt claiming about 20% of equities under Industrials industry.
Baker Return On Asset vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Baker Hughes |
| = | 6.02 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Baker Hughes |
| = | 0.0543 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Baker Return On Asset Comparison
Baker Hughes is currently under evaluation in return on asset category among its peers.
Baker Hughes Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Baker Hughes, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Baker Hughes will eventually generate negative long term returns. The profitability progress is the general direction of Baker Hughes' change in net profit over the period of time. It can combine multiple indicators of Baker Hughes, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2.8 B | -2.9 B | |
| Operating Income | 2.3 B | 1.2 B | |
| Income Before Tax | 2.7 B | 2.8 B | |
| Total Other Income Expense Net | 338 M | 354.9 M | |
| Net Income | 2 B | 2.1 B | |
| Income Tax Expense | 685 M | 505.3 M | |
| Interest Income | 343.9 M | 286.4 M | |
| Net Loss | -540.9 M | -567.9 M | |
| Change To Netincome | 1.3 B | 2 B |
Baker Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Baker Hughes. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Baker Hughes position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Baker Hughes' important profitability drivers and their relationship over time.
Use Baker Hughes in pair-trading
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.Baker Hughes Pair Trading
Baker Hughes Co Pair Trading Analysis
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.Use Investing Themes to Complement your Baker Hughes position
In addition to having Baker Hughes in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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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.