Baker Cost Of Revenue vs Ebit Per Revenue Analysis

BKR Stock

USD 31.93 0.04 0.13%

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 Cost Of Revenue and its Ebit Per Revenue 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 tightly coupled with the direction of predictive economic indicators such as signals in industry.

Cost Of Revenue vs Ebit Per Revenue

Cost Of Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Hughes Cost Of Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between Baker Hughes' Cost Of Revenue and Ebit Per Revenue is 0.05. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue 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' Cost Of Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Baker Hughes Co are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Cost Of Revenue i.e., Baker Hughes' Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Baker Hughes income statement and represents the costs associated with goods and services Baker Hughes provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebit Per Revenue

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 tightly coupled with the direction of predictive economic indicators such as signals in industry.

As of 05/03/2024, Selling General Administrative is likely to grow to about 2.8 B, while Tax Provision is likely to drop slightly above 463.8 M.

	2021	2022	2023	2024 (projected)
Total Revenue	20.5B	21.2B	25.5B	22.1B
Depreciation And Amortization	1.1B	855M	1.1B	1.1B

Total Revenue Depreciation And Amortization

Baker Hughes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.89	-0.57	0.66	0.4	0.42	-0.43	0.98	0.75	-0.57	0.8	0.87	0.95	0.4	0.4	0.83	0.87	0.85	0.83	0.22	0.81	0.84	0.61	0.79	-0.15	0.64
Short Long Term Debt Total	0.89		-0.75	0.85	0.29	0.65	-0.08	0.96	0.92	-0.86	0.93	0.86	0.76	0.6	0.44	0.97	0.86	0.96	0.5	0.57	0.96	0.99	0.86	0.86	0.23	0.82
Other Current Liab	-0.57	-0.75		-0.63	-0.3	-0.42	-0.22	-0.65	-0.86	0.85	-0.84	-0.43	-0.43	-0.42	-0.29	-0.71	-0.43	-0.8	-0.2	-0.63	-0.7	-0.8	-0.79	-0.59	-0.15	-0.89
Total Current Liabilities	0.66	0.85	-0.63		0.3	0.48	0.29	0.76	0.9	-0.88	0.92	0.57	0.48	0.71	0.04	0.86	0.57	0.92	0.21	0.83	0.92	0.88	0.95	0.96	0.42	0.78
Total Stockholder Equity	0.4	0.29	-0.3	0.3		-0.02	-0.06	0.37	0.34	-0.21	0.37	0.16	0.4	0.43	0.21	0.35	0.16	0.36	0.36	0.13	0.32	0.35	0.33	0.29	0.04	0.57
Other Liab	0.42	0.65	-0.42	0.48	-0.02		0.16	0.55	0.47	-0.67	0.45	0.72	0.22	0.34	0.29	0.7	0.72	0.53	-0.02	0.38	0.68	0.65	0.53	0.41	0.58	0.48
Net Tangible Assets	-0.43	-0.08	-0.22	0.29	-0.06	0.16		-0.29	0.15	-0.4	0.09	-0.37	-0.65	0.29	-0.52	0.01	-0.37	0.03	-0.81	0.65	0.06	0.01	0.32	0.11	0.68	0.22
Property Plant And Equipment Net	0.98	0.96	-0.65	0.76	0.37	0.55	-0.29		0.83	-0.71	0.87	0.9	0.89	0.49	0.42	0.92	0.9	0.92	0.71	0.37	0.9	0.93	0.73	0.84	0.03	0.73
Net Debt	0.75	0.92	-0.86	0.9	0.34	0.47	0.15	0.83		-0.92	0.98	0.6	0.61	0.73	0.34	0.92	0.6	0.95	0.34	0.74	0.93	0.95	0.95	0.87	0.31	0.88
Retained Earnings	-0.57	-0.86	0.85	-0.88	-0.21	-0.67	-0.4	-0.71	-0.92		-0.9	-0.59	-0.35	-0.66	-0.21	-0.87	-0.59	-0.89	-0.04	-0.86	-0.89	-0.91	-0.95	-0.78	-0.51	-0.88
Accounts Payable	0.8	0.93	-0.84	0.92	0.37	0.45	0.09	0.87	0.98	-0.9		0.65	0.66	0.64	0.25	0.91	0.65	0.99	0.41	0.73	0.93	0.96	0.95	0.91	0.19	0.89
Cash	0.87	0.86	-0.43	0.57	0.16	0.72	-0.37	0.9	0.6	-0.59	0.65		0.77	0.29	0.46	0.8	1.0	0.74	0.61	0.2	0.77	0.8	0.53	0.64	0.07	0.53
Non Current Assets Total	0.95	0.76	-0.43	0.48	0.4	0.22	-0.65	0.89	0.61	-0.35	0.66	0.77		0.27	0.51	0.68	0.77	0.71	0.94	0.01	0.66	0.7	0.44	0.64	-0.33	0.49
Non Currrent Assets Other	0.4	0.6	-0.42	0.71	0.43	0.34	0.29	0.49	0.73	-0.66	0.64	0.29	0.27		0.29	0.74	0.29	0.58	0.05	0.64	0.71	0.66	0.73	0.63	0.62	0.56
Other Assets	0.4	0.44	-0.29	0.04	0.21	0.29	-0.52	0.42	0.34	-0.21	0.25	0.46	0.51	0.29		0.41	0.46	0.26	0.42	-0.09	0.31	0.41	0.19	0.02	0.07	0.32
Long Term Debt	0.83	0.97	-0.71	0.86	0.35	0.7	0.01	0.92	0.92	-0.87	0.91	0.8	0.68	0.74	0.41		0.8	0.93	0.41	0.6	0.98	0.98	0.88	0.85	0.37	0.8
Cash And Short Term Investments	0.87	0.86	-0.43	0.57	0.16	0.72	-0.37	0.9	0.6	-0.59	0.65	1.0	0.77	0.29	0.46	0.8		0.74	0.61	0.2	0.77	0.8	0.53	0.64	0.07	0.53
Net Receivables	0.85	0.96	-0.8	0.92	0.36	0.53	0.03	0.92	0.95	-0.89	0.99	0.74	0.71	0.58	0.26	0.93	0.74		0.45	0.69	0.95	0.97	0.93	0.92	0.18	0.88
Good Will	0.83	0.5	-0.2	0.21	0.36	-0.02	-0.81	0.71	0.34	-0.04	0.41	0.61	0.94	0.05	0.42	0.41	0.61	0.45		-0.29	0.38	0.42	0.13	0.42	-0.58	0.23
Common Stock Shares Outstanding	0.22	0.57	-0.63	0.83	0.13	0.38	0.65	0.37	0.74	-0.86	0.73	0.2	0.01	0.64	-0.09	0.6	0.2	0.69	-0.29		0.67	0.65	0.88	0.65	0.56	0.72
Long Term Debt Total	0.81	0.96	-0.7	0.92	0.32	0.68	0.06	0.9	0.93	-0.89	0.93	0.77	0.66	0.71	0.31	0.98	0.77	0.95	0.38	0.67		0.98	0.92	0.9	0.37	0.8
Non Current Liabilities Total	0.84	0.99	-0.8	0.88	0.35	0.65	0.01	0.93	0.95	-0.91	0.96	0.8	0.7	0.66	0.41	0.98	0.8	0.97	0.42	0.65	0.98		0.91	0.86	0.3	0.87
Capital Surpluse	0.61	0.86	-0.79	0.95	0.33	0.53	0.32	0.73	0.95	-0.95	0.95	0.53	0.44	0.73	0.19	0.88	0.53	0.93	0.13	0.88	0.92	0.91		0.85	0.44	0.89
Inventory	0.79	0.86	-0.59	0.96	0.29	0.41	0.11	0.84	0.87	-0.78	0.91	0.64	0.64	0.63	0.02	0.85	0.64	0.92	0.42	0.65	0.9	0.86	0.85		0.23	0.69
Other Current Assets	-0.15	0.23	-0.15	0.42	0.04	0.58	0.68	0.03	0.31	-0.51	0.19	0.07	-0.33	0.62	0.07	0.37	0.07	0.18	-0.58	0.56	0.37	0.3	0.44	0.23		0.29
Other Stockholder Equity	0.64	0.82	-0.89	0.78	0.57	0.48	0.22	0.73	0.88	-0.88	0.89	0.53	0.49	0.56	0.32	0.8	0.53	0.88	0.23	0.72	0.8	0.87	0.89	0.69	0.29

Click cells to compare fundamentals

Baker Hughes Account Relationship Matchups

Baker Hughes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.4B	38.0B	35.3B	34.2B	36.9B	43.0B
Short Long Term Debt Total	6.6B	7.6B	6.7B	6.7B	6.0B	6.1B
Other Current Liab	2.6B	2.4B	2.1B	2.3B	2.8B	2.2B
Total Current Liabilities	10.0B	10.2B	9.2B	11.1B	13.0B	10.2B
Total Stockholder Equity	34.5B	18.2B	16.7B	14.5B	15.4B	18.8B
Other Liab	1.9B	2.8B	2.7B	2.0B	2.3B	2.5B
Net Tangible Assets	(4.1B)	12.9B	6.7B	14.4B	16.6B	17.4B
Property Plant And Equipment Net	6.2B	5.4B	4.9B	4.5B	4.9B	5.4B
Net Debt	3.4B	3.5B	2.9B	4.2B	3.4B	2.5B
Retained Earnings	0.0	(9.9B)	(10.2B)	(10.8B)	(8.8B)	(8.4B)
Accounts Payable	4.3B	3.5B	3.7B	4.3B	4.5B	3.8B
Cash	3.2B	4.1B	3.9B	2.5B	2.6B	3.6B
Non Current Assets Total	38.1B	21.6B	20.3B	19.6B	20.6B	20.0B
Non Currrent Assets Other	4.0B	3.8B	3.7B	4.3B	3.0B	3.3B
Other Assets	5.0B	5.8B	5.3B	4.2B	1M	950K
Long Term Debt	6.3B	6.7B	6.7B	6.0B	5.9B	6.2B
Cash And Short Term Investments	3.2B	4.1B	3.9B	2.5B	2.6B	3.6B
Net Receivables	6.4B	5.6B	5.7B	6.0B	7.1B	5.8B
Good Will	20.7B	6.0B	6.0B	5.9B	6.1B	8.8B
Common Stock Shares Outstanding	557M	675M	824M	987M	1.0B	706.2M
Long Term Debt Total	6.3B	6.7B	6.7B	6.0B	6.9B	6.2B
Liabilities And Stockholders Equity	53.4B	38.0B	35.3B	34.2B	36.9B	42.2B
Non Current Liabilities Total	8.9B	9.6B	9.4B	8.6B	8.4B	8.1B
Capital Surpluse	23.6B	24.6B	27.4B	28.1B	32.3B	20.9B
Inventory	4.6B	4.4B	4.0B	4.6B	5.1B	4.7B
Other Current Assets	949M	2.3B	1.6B	1.6B	1.5B	1.4B
Other Stockholder Equity	36.1B	30.0B	29.3B	27.3B	27.0B	23.5B
Total Liab	18.9B	19.8B	18.6B	19.7B	21.4B	18.2B
Deferred Long Term Liab	181M	186M	127M	229M	206.1M	173.7M
Short Long Term Debt	321M	889M	40M	677M	148M	140.6M
Total Current Assets	15.2B	16.5B	15.1B	14.6B	16.3B	15.5B
Accumulated Other Comprehensive Income	(1.6B)	(1.8B)	(2.4B)	(3.0B)	(2.8B)	(2.9B)
Short Term Debt	321M	889M	40M	677M	148M	140.6M
Intangible Assets	5.4B	4.4B	4.1B	4.2B	4.1B	4.8B
Common Stock	34.5B	18.2B	16.7B	1.0B	905.4M	860.1M
Property Plant Equipment	7.1B	5.4B	4.9B	4.5B	4.1B	4.4B
Current Deferred Revenue	2.9B	3.5B	3.3B	3.8B	5.5B	3.3B
Property Plant And Equipment Gross	6.2B	5.4B	4.9B	4.5B	10.6B	6.5B
Non Current Liabilities Other	1.4B	2.6B	1.6B	1.6B	1.4B	1.5B

Baker Hughes Investors Sentiment

The influence of Baker Hughes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Baker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Baker Hughes' public news can be used to forecast risks associated with an investment in Baker. The trend in average sentiment can be used to explain how an investor holding Baker can time the market purely based on public headlines and social activities around Baker Hughes Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Baker Hughes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Baker Hughes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Baker Hughes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Baker Hughes.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Baker Hughes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Baker Hughes' short interest history, or implied volatility extrapolated from Baker Hughes options trading.

Pair Trading with Baker Hughes

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.

Moving together with Baker Stock

0.96	NR	Newpark Resources Financial Report 7th of May 2024	Pair Corr
0.84	TS	Tenaris SA ADR	Pair Corr
0.81	DNOW	Now Inc Earnings Call This Week	Pair Corr

Moving against Baker Stock

0.45

NOA

North American Const

Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Baker Hughes is a strong investment it is important to analyze Baker Hughes' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baker Hughes' future performance. For an informed investment choice regarding Baker Stock, refer to the following important reports:

How To Invest In Baker

Details

Is Baker Stock a good investment?

Details

What is Baker Hughes' Net Worth?

Details

Largest Oil & Gas Equipment & Services Companies

View

Largest Energy Companies

View

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 tightly coupled with the direction of predictive economic indicators such as signals in industry.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary 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.

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Is Baker Hughes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baker Hughes. If investors know Baker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baker Hughes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.21)

Dividend Share

0.8

Earnings Share

1.79

Revenue Per Share

26.078

Quarterly Revenue Growth

0.123

The market value of Baker Hughes is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Baker Cost Of Revenue vs Ebit Per Revenue Analysis

Cost Of Revenue vs Ebit Per Revenue

Cost Of Revenue vs Ebit Per Revenue Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Ebit Per Revenue

Baker Hughes fundamental ratios Correlations

Baker Hughes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Baker Hughes fundamental ratios Accounts

Baker Hughes Investors Sentiment

Pair Trading with Baker Hughes

Moving together with Baker Stock

Moving against Baker Stock

Complementary Tools for Baker Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Accounts Payable
Property Plant And Equipment Net	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Net Debt
Long Term Debt Total	+ 0.98	Long Term Debt

Capital Surpluse	- 0.95	Retained Earnings
Retained Earnings	- 0.92	Net Debt
Non Current Liabilities Total	- 0.91	Retained Earnings
Accounts Payable	- 0.9	Retained Earnings
Long Term Debt Total	- 0.89	Retained Earnings
Net Receivables	- 0.89	Retained Earnings