# Baker Probability Of Bankruptcy

BKR | Stock | ## USD 25.28 0.93 3.82% |

Baker | Probability Of Bankruptcy |

## Baker Probability Of Bankruptcy Analysis

Baker Hughes' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years. 2019 | 2020 | 2021 (projected) | |

Long Term Debt to Equity | 0.29 | 0.52 | 0.45 |

Interest Coverage | 4.53 | 4.38 | 5.04 |

Probability Of Bankruptcy | = | Normalized | | Z-Score |

## Current Baker Hughes Probability Of Bankruptcy | 1% |

Most of Baker Hughes' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Baker Hughes A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Baker Hughes probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Baker Hughes odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Baker Hughes A financial health.

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 25.7 B | Quarterly Revenue Growth YOY -0.018 | Return On Assets 0.0306 | Return On Equity -0.0249 |

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.

## Baker Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Baker Hughes is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Baker Hughes' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Baker Hughes' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Baker Hughes' interrelated accounts and indicators.

**Click cells**to compare fundamentals

The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Compare to competition |

Based on the latest financial disclosure, Baker Hughes A has a Probability Of Bankruptcy of 1.0%. This is 97.93% lower than that of the Energy sector and 97.72% lower than that of the Oil & Gas Equipment & Services industry. The probability of bankruptcy for all United States stocks is 97.49% higher than that of the company.

## Baker Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baker Hughes' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Baker Hughes could also be used in its relative valuation, which is a method of valuing Baker Hughes by comparing valuation metrics of similar companies.Baker Hughes is currently under evaluation in probability of bankruptcy category among related companies.

## Baker Hughes Main Bankruptcy Drivers

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Asset Turnover | 0.44 | 0.43 | 0.45 | 0.55 | 0.57 | 0.59 | |

Gross Margin | 0.22 | 0.18 | 0.17 | 0.19 | 0.16 | 0.2 | |

Total Debt | 8.35 B | 7.23 B | 6.62 B | 7.63 B | 6.73 B | 6.62 B | |

Total Liabilities | 18.09 B | 17.43 B | 18.87 B | 19.77 B | 18.56 B | 18.72 B | |

Current Liabilities | 9.23 B | 9.02 B | 10.01 B | 10.23 B | 9.13 B | 9.69 B | |

Total Assets | 56.5 B | 52.44 B | 53.37 B | 38.01 B | 35.31 B | 41.78 B | |

Current Assets | 18.42 B | 14.97 B | 15.22 B | 16.45 B | 15.06 B | 15.86 B | |

Net Cash Flow from Operations | (799 M) | 1.76 B | 2.13 B | 1.3 B | 2.37 B | 1.99 B | |

Weighted Average Shares | 1.15 B | 1.1 B | 1.03 B | 1.04 B | 1.04 B | 1 B | |

Weighted Average Shares Diluted | 427 M | 429 M | 557 M | 675 M | 824 M | 668.49 M |

## Baker Fundamentals

Return On Equity | (2.49) % | |||

Return On Asset | 3.06 % | |||

Profit Margin | (2.28) % | |||

Operating Margin | 13.73 % | |||

Current Valuation | 28.96 B | |||

Shares Outstanding | 869.97 M | |||

Shares Owned by Insiders | 4.55 % | |||

Shares Owned by Institutions | 94.75 % | |||

Number of Shares Shorted | 24.42 M | |||

Price to Earning | 132.50 X | |||

Price to Book | 1.45 X | |||

Price to Sales | 1.01 X | |||

Revenue | 20.46 B | |||

Gross Profit | 4.05 B | |||

EBITDA | 2.81 B | |||

Net Income | (466 M) | |||

Cash and Equivalents | 3.89 B | |||

Cash per Share | 3.85 X | |||

Total Debt | 6.66 B | |||

Debt to Equity | 0.44 % | |||

Current Ratio | 1.51 X | |||

Book Value Per Share | 16.46 X | |||

Cash Flow from Operations | 1.58 B | |||

Short Ratio | 2.84 X | |||

Earnings Per Share | 0.18 X | |||

Price to Earnings To Growth | 0.45 X | |||

Number of Employees | 55 K | |||

Beta | 1.52 | |||

Market Capitalization | 20.75 B | |||

Total Asset | 373.41 M | |||

Retained Earnings | 31.02 M | |||

Working Capital | 126.98 M | |||

Current Asset | 252.52 M | |||

Current Liabilities | 125.54 M | |||

Z Score | 78.85 | |||

Five Year Return | 2.95 % | |||

Last Dividend Paid | 0.72 |

## About Baker Hughes Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Baker Hughes A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baker Hughes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baker Hughes A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.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.
## 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 markets does not have a solid backing from leading economists and market statisticians.

Investor biases related to Baker Hughes' public news can be used to forecast risks associated with 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 A. Please note that most equiteis 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 estimate score, the more favorable is the investor's outlook on Baker Hughes.

## Baker Hughes Implied Volatility | 27.86 |

Baker Hughes' implied volatility exposes the market's sentiment of Baker Hughes A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Baker Hughes' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Baker Hughes stock will not fluctuate a lot when Baker Hughes' options are near their expiration.

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 Hughes

0.91 | APA | Apa Corp | Upward Rally | PairCorr |

### Moving against Baker Hughes

0.63 | LNN | Lindsay Corp | Fiscal Year End 20th of October 2022 | PairCorr | |||

0.53 | AAPL | Apple Inc | Fiscal Year End 27th of October 2022 | PairCorr |

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.Continue to Baker Hughes Piotroski F Score and Baker Hughes Altman Z Score analysis. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

## Complementary Tools for Baker Stock analysis

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.

Options AnalysisAnalyze and evaluate options and option chains as a potential hedge for your portfolios | Go | |

Probability Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years | Go | |

Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | Go | |

Fundamentals ComparisonCompare fundamentals across multiple equities to find investing opportunities | Go | |

Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios | Go | |

Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk | Go | |

Crypto CorrelationsUse cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | Go | |

Equity ValuationCheck real value of public entities based on technical and fundamental data | Go | |

Content SyndicationQuickly integrate customizable finance content to your own investment portal | Go | |

Earnings CallsCheck upcoming earnings announcements updated hourly across public exchanges | Go | |

Risk-Return AnalysisView associations between returns expected from investment and the risk you assume | Go |

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 25.7 B | Quarterly Revenue Growth YOY -0.018 | Return On Assets 0.0306 | Return On Equity -0.0249 |

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.