Baxter International Balance Sheet Health
Financial Health criteria checks 2/6
Baxter International has a total shareholder equity of $8.2B and total debt of $16.5B, which brings its debt-to-equity ratio to 202%. Its total assets and total liabilities are $30.7B and $22.5B respectively. Baxter International's EBIT is $1.8B making its interest coverage ratio 3.7. It has cash and short-term investments of $5.8B.
Key information
202.0%
Debt to equity ratio
US$16.49b
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$5.79b |
| Equity | US$8.17b |
| Total liabilities | US$22.49b |
| Total assets | US$30.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAX's short term assets ($12.0B) exceed its short term liabilities ($6.2B).
Long Term Liabilities: BAX's short term assets ($12.0B) do not cover its long term liabilities ($16.3B).
Debt to Equity History and Analysis
Debt Level: BAX's net debt to equity ratio (131.1%) is considered high.
Reducing Debt: BAX's debt to equity ratio has increased from 38.3% to 202% over the past 5 years.
Debt Coverage: BAX's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: BAX's interest payments on its debt are well covered by EBIT (3.7x coverage).