Baker Return on Invested Capital Trend from 2010 to 2022

BKR
 Stock
  

USD 29.09  0.22  0.76%   

Baker Hughes Return on Invested Capital yearly trend continues to be relatively stable with very little volatility. Return on Invested Capital is likely to grow to 0.0464 this year. During the period from 2010 to 2022, Baker Hughes Return on Invested Capital destribution of quarterly values had r-value of (0.31) from its regression line and median of  0.042. Baker Hughes Cost of Revenue is relatively stable at the moment as compared to the past year. Baker Hughes reported last year Cost of Revenue of 16.45 Billion. As of 07/02/2022, Earning Before Interest and Taxes EBIT is likely to grow to about 904.2 M, while Consolidated Income is likely to drop (356.1 M).
  
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Check Baker Hughes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Baker main balance sheet or income statement drivers, such as Direct Expenses of 15.2 B, Cost of Revenue of 17.6 B or Earning Before Interest and Taxes EBIT of 904.2 M, as well as many exotic indicators such as Interest Coverage of 5.61, Long Term Debt to Equity of 0.36 or Calculated Tax Rate of 172. Baker financial statements analysis is a perfect complement when working with Baker Hughes Valuation or Volatility modules. It can also supplement various Baker Hughes Technical models. Continue to the analysis of Baker Hughes Correlation against competitors.

Baker Return on Invested Capital Breakdown

Showing smoothed Return on Invested Capital of Baker Hughes A with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.Baker Hughes' Return on Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Baker Hughes' overall financial position and show how it may be relating to other accounts over time.
Return on Invested Capital10 Years Trend
Decreasing
Slightly volatile
 Return on Invested Capital 
Share
      Timeline 

Baker Return on Invested Capital Regression Statistics

Arithmetic Mean 0.00087449
Coefficient Of Variation 15,504
Mean Deviation 0.07
Median 0.042
Standard Deviation 0.14
Sample Variance 0.018382
Range 0.50
R-Value(0.31)
Mean Square Error 0.018064
R-Squared 0.1
Significance 0.29
Slope(0.010966)
Total Sum of Squares 0.22

Baker Return on Invested Capital History

2017 0.005
2018 0.032
2019 0.04
2020 -0.45
2021 0.043
2022 0.0464

About Baker Hughes Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Baker Hughes income statement, its balance sheet, and the statement of cash flows. Baker Hughes investors use historical funamental indicators, such as Baker Hughes's Return on Invested Capital, to determine how well the company is positioned to perform in the future. Although Baker Hughes investors may use each financial statement separately, they are all related. The changes in Baker Hughes's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Baker Hughes's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Baker Hughes Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Baker Hughes. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Invested Capital 0.043  0.0464 
Invested Capital19 B19.6 B
Invested Capital Average19.4 B20.2 B
Market Capitalization24.9 B24.3 B
Working Capital5.9 B6.2 B
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 55000 people.

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Our tools can tell you how much better you can do entering a position in Baker Hughes without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.

Baker Hughes Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 A to buy it.
The correlation of Baker Hughes is a statistical measure of how it moves in relation to other equities. 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 A 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 CorrelationCorrelation Matching
Continue to the analysis of Baker Hughes Correlation against competitors. Note that the Baker Hughes A information on this page should be used as a complementary analysis to other Baker Hughes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Baker Hughes A 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 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 YOY
-0.65
Market Capitalization
31.3 B
Quarterly Revenue Growth YOY
0.011
Return On Assets
0.0292
Return On Equity
0.021
The market value of Baker Hughes A 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 Baker Hughes value 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.