Baxter International Balance Sheet Health
Financial Health criteria checks 1/6
Baxter International has a total shareholder equity of $7.0B and total debt of $13.4B, which brings its debt-to-equity ratio to 191.5%. Its total assets and total liabilities are $25.8B and $18.8B respectively. Baxter International's EBIT is $976.0M making its interest coverage ratio 3. It has cash and short-term investments of $1.8B.
Key information
191.5%
Debt to equity ratio
US$13.45b
Debt
| Interest coverage ratio | 3x |
| Cash | US$1.76b |
| Equity | US$7.02b |
| Total liabilities | US$18.76b |
| Total assets | US$25.78b |
Recent financial health updates
Here's Why Baxter International (NYSE:BAX) Has A Meaningful Debt Burden
May 02
Does Baxter International (NYSE:BAX) Have A Healthy Balance Sheet?
Jan 27Recent updates
Here's Why Baxter International (NYSE:BAX) Has A Meaningful Debt Burden
May 02Baxter: Messy, Yet Appealing, If New Management Can Deliver
Apr 21Baxter International (NYSE:BAX) Will Pay A Dividend Of $0.17
Feb 21Baxter International: An Uncompelling Investment With High Debt
Jan 31Does Baxter International (NYSE:BAX) Have A Healthy Balance Sheet?
Jan 27Is Baxter International Inc. (NYSE:BAX) Trading At A 49% Discount?
Sep 05Baxter- Reiterating Our Buy Rating After A Promising Q2
Aug 07Baxter International (NYSE:BAX) Will Pay A Dividend Of $0.29
Aug 07Baxter International (NYSE:BAX) Has Affirmed Its Dividend Of $0.29
Jul 23Baxter: Why Investors Should Take Advantage Of The Low Valuation
Jul 16Little Excitement Around Baxter International Inc.'s (NYSE:BAX) Revenues
Jul 12Baxter International (NYSE:BAX) Has Affirmed Its Dividend Of $0.29
May 30Baxter International (NYSE:BAX) Is Due To Pay A Dividend Of $0.29
May 14Baxter International: Shares Too Cheap, EPS Growth Ahead With A Possible Spinoff
May 08Broyhill - Baxter International: Renal Care Spin-Off And Recent Revamp Should Provide Catalysts
Feb 23Baxter International: A Cheap Big Pharma Stock With Improving Earnings And +3% Dividend Yield
Dec 12Should You Buy Baxter Or DaVita After The Fallout From The Ozempic Trial?
Oct 12Dividend Challengers Review: Baxter International
Aug 14Financial Position Analysis
Short Term Liabilities: BAX's short term assets ($8.9B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: BAX's short term assets ($8.9B) do not cover its long term liabilities ($12.2B).
Debt to Equity History and Analysis
Debt Level: BAX's net debt to equity ratio (166.4%) is considered high.
Reducing Debt: BAX's debt to equity ratio has increased from 87.4% to 191.5% over the past 5 years.
Debt Coverage: BAX's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: BAX's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/06 03:59 |
| End of Day Share Price | 2025/05/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Baxter International Inc. is covered by 47 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jasper Hellweg | Argus Research Company |
| Benjamin Yeoh | Atlantic Equities LLP |
| Daniel Owczarski | Avondale Partners |