Baker Hughes Co (BKR)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,895,000 | 15,368,000 | 14,394,000 | 14,830,000 | 12,893,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $16,895,000K)
= 0.00
Based on the data provided, Baker Hughes Co's debt-to-capital ratio has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly in its capital structure during the period under review. A debt-to-capital ratio of 0.00 suggests that the company may be relying more on equity financing rather than debt to fund its operations and growth. Investors and stakeholders may view this favorably as it implies lower financial risk and dependence on borrowed funds for the company's operations.
Peer comparison
Dec 31, 2024