Baxter International Balance Sheet Health
Financial Health criteria checks 2/6
Baxter International has a total shareholder equity of $8.5B and total debt of $13.7B, which brings its debt-to-equity ratio to 162.1%. Its total assets and total liabilities are $28.3B and $19.8B respectively. Baxter International's EBIT is $1.5B making its interest coverage ratio 3.4. It has cash and short-term investments of $3.2B.
Key information
162.1%
Debt to equity ratio
US$13.73b
Debt
Interest coverage ratio | 3.4x |
Cash | US$3.19b |
Equity | US$8.47b |
Total liabilities | US$19.81b |
Total assets | US$28.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAX *'s short term assets ($9.6B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: BAX *'s short term assets ($9.6B) do not cover its long term liabilities ($13.3B).
Debt to Equity History and Analysis
Debt Level: BAX *'s net debt to equity ratio (124.4%) is considered high.
Reducing Debt: BAX *'s debt to equity ratio has increased from 43.4% to 162.1% over the past 5 years.
Debt Coverage: BAX *'s debt is not well covered by operating cash flow (12.6%).
Interest Coverage: BAX *'s interest payments on its debt are well covered by EBIT (3.4x coverage).