Discontinued — last reported Q3 '22
Business Segments · Goodwill
Oilfield Equipment — Goodwill
Baker Hughes Oilfield Equipment — Goodwill decreased by 100.0% to $0.00 in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $3.00M to $0.00.
Analysis
StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2022
Rolls up toGoodwill
How to read this metric
A high balance suggests significant past acquisition activity; a sudden decrease signals potential impairment risk.
Detailed definition
The net carrying value of goodwill associated with the Oilfield Equipment segment, representing the premium paid over th...
Peer comparison
Standard balance sheet item for companies with significant M&A history in the oilfield services industry.
Metric ID:
bkr_segment_oilfield_equipment_goodwillHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $0.00 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | -100.0% |
| YoY Change | — | — | — | — | +0.0% | -100.0% |
Range$0.00 – $3.00M
CAGR-100.0%
Avg YoY Growth-50.0%
Median YoY Growth-50.0%
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Frequently Asked Questions
- What is Baker Hughes's oilfield equipment — goodwill?
- Baker Hughes (BKR) reported oilfield equipment — goodwill of $0.00 in Q3 2022.
- How has Baker Hughes's oilfield equipment — goodwill changed year-over-year?
- Baker Hughes's oilfield equipment — goodwill decreased by 100.0% year-over-year, from $3.00M to $0.00.
- What does oilfield equipment — goodwill mean?
- The intangible value of the Oilfield Equipment segment arising from past business acquisitions.