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 $13.7B, which brings its debt-to-equity ratio to 166.7%. Its total assets and total liabilities are $27.8B and $19.6B respectively. Baxter International's EBIT is $1.6B making its interest coverage ratio 3.9. It has cash and short-term investments of $3.0B.
Key information
166.7%
Debt to equity ratio
US$13.73b
Debt
Interest coverage ratio | 3.9x |
Cash | US$3.03b |
Equity | US$8.24b |
Total liabilities | US$19.55b |
Total assets | US$27.79b |
Recent financial health updates
Here's Why Baxter International (NYSE:BAX) Has A Meaningful Debt Burden
Jan 28Is Baxter International (NYSE:BAX) A Risky Investment?
Oct 27Baxter International (NYSE:BAX) Has A Somewhat Strained Balance Sheet
Jul 14Is Baxter International (NYSE:BAX) Using Too Much Debt?
Apr 03Recent updates
Baxter 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 19Baxter International (NYSE:BAX) Has Affirmed Its Dividend Of $0.29
May 05Baxter International Inc.'s (NYSE:BAX) Intrinsic Value Is Potentially 26% Above Its Share Price
Apr 24Is Baxter International (NYSE:BAX) Using Too Much Debt?
Apr 03Baxter International's (NYSE:BAX) Dividend Will Be $0.29
Feb 18Investors Could Be Concerned With Baxter International's (NYSE:BAX) Returns On Capital
Feb 10Baxter International: Another YoY Earnings Decline Expected, Shares Tag Support
Feb 03Why Baxter Is One Of My #1 2023 Bets For Healthcare/Medtech
Jan 02An Intrinsic Calculation For Baxter International Inc. (NYSE:BAX) Suggests It's 32% Undervalued
Dec 30Baxter cut to hold at Deutsche Bank on inflation pressures
Dec 15Baxter International (NYSE:BAX) Is Due To Pay A Dividend Of $0.29
Nov 18Financial Position Analysis
Short Term Liabilities: BAX's short term assets ($9.4B) exceed its short term liabilities ($6.4B).
Long Term Liabilities: BAX's short term assets ($9.4B) do not cover its long term liabilities ($13.2B).
Debt to Equity History and Analysis
Debt Level: BAX's net debt to equity ratio (129.9%) is considered high.
Reducing Debt: BAX's debt to equity ratio has increased from 54.8% to 166.7% over the past 5 years.
Debt Coverage: BAX's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: BAX's interest payments on its debt are well covered by EBIT (3.9x coverage).