Baxter International Balance Sheet Health
Financial Health criteria checks 2/6
Baxter International has a total shareholder equity of $7.9B and total debt of $12.9B, which brings its debt-to-equity ratio to 162.9%. Its total assets and total liabilities are $26.7B and $18.7B respectively. Baxter International's EBIT is $1.5B making its interest coverage ratio 4.5. It has cash and short-term investments of $1.4B.
Key information
162.9%
Debt to equity ratio
US$12.94b
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$1.42b |
| Equity | US$7.94b |
| Total liabilities | US$18.73b |
| Total assets | US$26.68b |
Recent financial health updates
Here's Why Baxter International (NYSE:BAX) Has A Meaningful Debt Burden
Jan 28
Is Baxter International (NYSE:BAX) A Risky Investment?
Oct 27Baxter International (NYSE:BAX) Has A Somewhat Strained Balance Sheet
Jul 14Recent updates
Is 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 08Capital Allocation Trends At Baxter International (NYSE:BAX) Aren't Ideal
Apr 14Broyhill - Baxter International: Renal Care Spin-Off And Recent Revamp Should Provide Catalysts
Feb 23Baxter International's (NYSE:BAX) Dividend Will Be $0.29
Feb 20Here's Why Baxter International (NYSE:BAX) Has A Meaningful Debt Burden
Jan 28Baxter International (NYSE:BAX) Could Be Struggling To Allocate Capital
Jan 12Baxter International Inc.'s (NYSE:BAX) Prospects Need A Boost To Lift Shares
Dec 28Baxter International: A Cheap Big Pharma Stock With Improving Earnings And +3% Dividend Yield
Dec 12Estimating The Fair Value Of Baxter International Inc. (NYSE:BAX)
Nov 27Is Baxter International (NYSE:BAX) A Risky Investment?
Oct 27Should You Buy Baxter Or DaVita After The Fallout From The Ozempic Trial?
Oct 12There Are Reasons To Feel Uneasy About Baxter International's (NYSE:BAX) Returns On Capital
Sep 21Baxter International (NYSE:BAX) Is Due To Pay A Dividend Of $0.29
Aug 23Dividend Challengers Review: Baxter International
Aug 14Baxter International (NYSE:BAX) Has Announced A Dividend Of $0.29
Jul 25Baxter International (NYSE:BAX) Has A Somewhat Strained Balance Sheet
Jul 14Baxter International: Hillrom Acquisition Could Be A Tailwind For FCF
Jun 12Returns On Capital At Baxter International (NYSE:BAX) Paint A Concerning Picture
Jun 07Baxter International's (NYSE:BAX) Dividend Will Be $0.29
May 19Financial Position Analysis
Short Term Liabilities: BAX's short term assets ($8.9B) exceed its short term liabilities ($6.2B).
Long Term Liabilities: BAX's short term assets ($8.9B) do not cover its long term liabilities ($12.5B).
Debt to Equity History and Analysis
Debt Level: BAX's net debt to equity ratio (145%) is considered high.
Reducing Debt: BAX's debt to equity ratio has increased from 67% to 162.9% over the past 5 years.
Debt Coverage: BAX's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: BAX's interest payments on its debt are well covered by EBIT (4.5x coverage).