Company Information

  

Address: 17021 ALDINE WESTFIELD ROAD  
City: HOUSTON 
State: TX 
Zip Code: 77073 
Telephone: 713-439-8600 

Description of Business

Primary SIC Code: 3533
(As filed with the SEC)  

Baker Hughes, a GE company (the Company, BHGE, we, us, or our), a Delaware corporation, was formed on October 28, 2016, for the purpose of facilitating the combination of Baker Hughes Incorporated, a Delaware corporation (Baker Hughes), and the oil and gas business (GE O&G) of General Electric Company (GE). On July 3, 2017, we closed our business combination (the Transactions) to combine GE O&G and Baker Hughes creating a fullstream oilfield technology provider that has a unique mix of integrated equipment and service capabilities (refer to "Note 2. Business Acquisition" of the Notes to the Consolidated and Combined Financial Statements in Item 8 herein for further details on the Transactions). As a result of the Transactions, the Company became the holding company of the combined businesses of Baker Hughes and GE O&G.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.00NAN/E
12/2017-0.170.180N/E
09/2017-6.550.180N/E
06/2017-2.730.170N/E
03/2017-4.390.170N/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.02Total Liab/Total Assets0.74
Net Inc/Total Assets0.00Total Liab/Inv Cap0.92
Net Inc/Inv Cap-0.01Total Liab/Comm Equity2.73
Pretax Inc/Net Sales-0.01Interest Coverage Ratio-0.22
Net Inc/Net Sales-0.01Curr Debt/Equity0.14
Cash Flow/Net Sales-0.05LTD/Equity0.43
SG&A/NetSales0.15Total Debt/Equity0.57
Asset Utilization   Liquidity  
Net Receivables Turnover4.02Quick Ratio1.56
Inventory Turnover3.60Current Ratio2.08
Inventory Day Sales0.01Net Rec/Curr Assets0.33
Net Sales/Work Cap1.80Inv/Curr Assets0.25
Net Sales/PP&E2.48  

Income Statement (Millions)

  3/31/2018 12/31/2017
Total Revenues(Net Sales) 5,399.00 5,763.00
Cost of Goods Sold 4,558.00 4,887.00
Selling & Admin Exps 674.00 785.00
Operating Income -41.00 -92.00
Interest Exp 46.00 56.00
Pretax Income -85.00 -135.00
Other Income 2.00 13.00
Net Income Bef Extraordinary ... NA NA
Net Income -19.00 -82.00

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017
Cash & Short Term Investments 5,631.00 7,023.00
Receivables - Total 5,865.00 6,014.00
Inventories - Total 4,696.00 4,590.00
Total Current Assets 17,054.00 18,499.00
Net Property, Plant & Equipment 6,593.00 6,959.00
Total Assets 55,221.00 57,050.00
Liabilities    
Accounts Payable 3,439.00 3,377.00
Debt in Current Liabilities 1,176.00 2,037.00
Total Current Liabilities 8,325.00 8,897.00
Long-Term Debt 6,296.00 6,312.00
Total Liabilities 40,969.00 42,341.00
Stockholder's Equity    
Minority Interest 23,843.00 24,464.00
Preferred Stock NA NA
Common Stock 0.00 0.00
Retained Earnings -8.00 -73.00
Treasury Stock NA NA
Total Stockholders' Equity 14,252.00 14,709.00
Total Liabilities and Stockholders' Equity 55,221.00 57,050.00

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017
Net Cash Provided by Operating Activities 294.00 -214.00
Net Cash Provided by Investing Activities -134.00 -251.00
Net Cash Provided by Financing Activities -1,553.00 2,707.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201613,269.00334.00--
12/201717,259.00-242.00-0.17
Growth Rates30.07----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18599398,77995.77




Report Date : 7/9/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.