Baker Hughes Co (LTS:0RR8) Cash And Cash Equivalents : $3,277 Mil (As of Mar. 2025)

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What is Baker Hughes Co Cash And Cash Equivalents?

Baker Hughes Co's quarterly cash and cash equivalents increased from Sep. 2024 ($2,664.00 Mil) to Dec. 2024 ($3,364.00 Mil) but then stayed the same from Dec. 2024 ($3,364.00 Mil) to Mar. 2025 ($3,277.00 Mil).

Baker Hughes Co's annual cash and cash equivalents increased from Dec. 2022 ($2,488.00 Mil) to Dec. 2023 ($2,646.00 Mil) and increased from Dec. 2023 ($2,646.00 Mil) to Dec. 2024 ($3,364.00 Mil).

Baker Hughes Co Cash And Cash Equivalents Historical Data

The historical data trend for Baker Hughes Co's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Baker Hughes Co Cash And Cash Equivalents Chart

Baker Hughes Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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4,132.00

3,853.00

2,488.00

2,646.00

3,364.00

Baker Hughes Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,717.00	2,284.00	2,664.00	3,364.00	3,277.00

Baker Hughes Co Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Baker Hughes Co (LTS:0RR8) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Baker Hughes Co Cash And Cash Equivalents Related Terms

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Baker Hughes Co Business Description

Industry

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Address

575 North Dairy Ashford Road, Suite 100, Houston, TX, USA, 77079-1121

Website

https://www.bakerhughes.com

Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.

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