Baker Hughes Co (BKR)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $16,895,000K
= 0.00
Baker Hughes Co has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt relative to its equity. This suggests that Baker Hughes Co has been operating with almost no reliance on debt financing and has been primarily funded by equity. This low debt level may indicate a conservative financial strategy, as it implies that the company is not overleveraged and may have lower financial risk compared to companies with higher debt ratios. It also suggests that Baker Hughes Co may have a strong equity base to support its operations and growth initiatives. Overall, a consistent debt-to-equity ratio of 0.00 over the years reflects a stable and balanced capital structure for Baker Hughes Co.
Peer comparison
Dec 31, 2024