Baxter International Stock Current Ratio

BAX Stock

USD 33.31 0.44 1.34%

Baxter International fundamentals help investors to digest information that contributes to Baxter International's financial success or failures. It also enables traders to predict the movement of Baxter Stock. The fundamental analysis module provides a way to measure Baxter International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Baxter International stock.

		Last Reported	Projected for Next Year
	Current Ratio	1.48	1.38

Current Ratio is likely to drop to 1.38 in 2024.

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Baxter International Company Current Ratio Analysis

Baxter International's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Baxter International Current Ratio

2.11 X

Most of Baxter International's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Baxter International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Baxter Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Baxter International is extremely important. It helps to project a fair market value of Baxter Stock properly, considering its historical fundamentals such as Current Ratio. Since Baxter International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Baxter International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Baxter International's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.55	0.71	0.51	0.88	0.97	0.73	0.37	0.57	0.36	0.61	0.89	0.88	-0.65	0.69	-0.41	-0.34	0.61	0.41	0.61	0.23	-0.22	0.66	-0.06	0.03
Total Stockholder Equity	0.55		-0.03	0.69	0.45	0.31	0.7	0.06	-0.08	-0.19	0.83	0.21	0.36	-0.66	0.38	-0.21	0.21	-0.03	0.12	-0.16	-0.26	0.24	0.06	0.2	0.16
Net Debt	0.71	-0.03		0.35	0.59	0.82	0.24	0.6	0.95	0.62	0.17	0.9	0.84	-0.47	0.38	-0.39	-0.73	0.94	0.63	0.83	0.64	-0.5	0.91	-0.43	-0.42
Retained Earnings	0.51	0.69	0.35		0.47	0.37	0.33	0.21	0.38	0.12	0.79	0.43	0.54	-0.93	0.3	-0.65	-0.33	0.43	0.49	0.23	0.14	-0.1	0.44	-0.29	-0.32
Net Receivables	0.88	0.45	0.59	0.47		0.86	0.7	0.35	0.41	0.33	0.65	0.73	0.66	-0.56	0.89	-0.53	-0.4	0.56	0.33	0.53	0.32	-0.25	0.46	-0.12	-0.09
Total Liab	0.97	0.31	0.82	0.37	0.86		0.61	0.41	0.67	0.47	0.43	0.95	0.89	-0.53	0.66	-0.4	-0.45	0.7	0.43	0.74	0.34	-0.32	0.74	-0.13	-0.01
Total Current Assets	0.73	0.7	0.24	0.33	0.7	0.61		0.47	0.02	-0.16	0.73	0.37	0.35	-0.45	0.66	-0.06	-0.04	0.16	0.12	0.14	0.12	0.04	0.12	0.17	0.09
Short Term Debt	0.37	0.06	0.6	0.21	0.35	0.41	0.47		0.52	0.26	0.22	0.32	0.27	-0.25	0.35	-0.06	-0.69	0.64	0.66	0.42	0.84	-0.46	0.42	-0.46	-0.69
Intangible Assets	0.57	-0.08	0.95	0.38	0.41	0.67	0.02	0.52		0.65	0.06	0.82	0.82	-0.42	0.18	-0.39	-0.73	0.95	0.72	0.78	0.64	-0.5	0.96	-0.48	-0.52
Accounts Payable	0.36	-0.19	0.62	0.12	0.33	0.47	-0.16	0.26	0.65		-0.27	0.55	0.54	-0.07	0.36	-0.51	-0.45	0.61	0.44	0.58	0.38	-0.3	0.55	-0.25	-0.26
Common Stock	0.61	0.83	0.17	0.79	0.65	0.43	0.73	0.22	0.06	-0.27		0.33	0.38	-0.82	0.5	-0.38	-0.15	0.18	0.25	0.07	0.02	-0.07	0.17	-0.13	-0.06
Long Term Debt	0.89	0.21	0.9	0.43	0.73	0.95	0.37	0.32	0.82	0.55	0.33		0.96	-0.58	0.46	-0.47	-0.52	0.79	0.5	0.81	0.34	-0.35	0.88	-0.21	-0.08
Good Will	0.88	0.36	0.84	0.54	0.66	0.89	0.35	0.27	0.82	0.54	0.38	0.96		-0.63	0.39	-0.45	-0.42	0.76	0.54	0.69	0.25	-0.31	0.89	-0.21	-0.08
Treasury Stock	-0.65	-0.66	-0.47	-0.93	-0.56	-0.53	-0.45	-0.25	-0.42	-0.07	-0.82	-0.58	-0.63		-0.3	0.62	0.37	-0.46	-0.46	-0.4	-0.14	0.15	-0.52	0.29	0.18
Property Plant Equipment	0.69	0.38	0.38	0.3	0.89	0.66	0.66	0.35	0.18	0.36	0.5	0.46	0.39	-0.3		-0.42	-0.26	0.36	0.14	0.26	0.26	-0.16	0.15	-0.04	-0.09
Current Deferred Revenue	-0.41	-0.21	-0.39	-0.65	-0.53	-0.4	-0.06	-0.06	-0.39	-0.51	-0.38	-0.47	-0.45	0.62	-0.42		0.4	-0.47	-0.36	-0.5	-0.22	0.09	-0.39	0.29	0.24
Net Tangible Assets	-0.34	0.21	-0.73	-0.33	-0.4	-0.45	-0.04	-0.69	-0.73	-0.45	-0.15	-0.52	-0.42	0.37	-0.26	0.4		-0.81	-0.8	-0.75	-0.86	0.73	-0.63	0.77	0.7
Long Term Debt Total	0.61	-0.03	0.94	0.43	0.56	0.7	0.16	0.64	0.95	0.61	0.18	0.79	0.76	-0.46	0.36	-0.47	-0.81		0.78	0.79	0.79	-0.52	0.91	-0.51	-0.66
Capital Surpluse	0.41	0.12	0.63	0.49	0.33	0.43	0.12	0.66	0.72	0.44	0.25	0.5	0.54	-0.46	0.14	-0.36	-0.8	0.78		0.63	0.78	-0.59	0.71	-0.63	-0.69
Long Term Investments	0.61	-0.16	0.83	0.23	0.53	0.74	0.14	0.42	0.78	0.58	0.07	0.81	0.69	-0.4	0.26	-0.5	-0.75	0.79	0.63		0.59	-0.44	0.8	-0.36	-0.25
Short Long Term Debt	0.23	-0.26	0.64	0.14	0.32	0.34	0.12	0.84	0.64	0.38	0.02	0.34	0.25	-0.14	0.26	-0.22	-0.86	0.79	0.78	0.59		-0.58	0.53	-0.61	-0.85
Cash And Equivalents	-0.22	0.24	-0.5	-0.1	-0.25	-0.32	0.04	-0.46	-0.5	-0.3	-0.07	-0.35	-0.31	0.15	-0.16	0.09	0.73	-0.52	-0.59	-0.44	-0.58		-0.38	0.9	0.42
Net Invested Capital	0.66	0.06	0.91	0.44	0.46	0.74	0.12	0.42	0.96	0.55	0.17	0.88	0.89	-0.52	0.15	-0.39	-0.63	0.91	0.71	0.8	0.53	-0.38		-0.34	-0.39
Net Working Capital	-0.06	0.2	-0.43	-0.29	-0.12	-0.13	0.17	-0.46	-0.48	-0.25	-0.13	-0.21	-0.21	0.29	-0.04	0.29	0.77	-0.51	-0.63	-0.36	-0.61	0.9	-0.34		0.59
Capital Stock	0.03	0.16	-0.42	-0.32	-0.09	-0.01	0.09	-0.69	-0.52	-0.26	-0.06	-0.08	-0.08	0.18	-0.09	0.24	0.7	-0.66	-0.69	-0.25	-0.85	0.42	-0.39	0.59

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Baxter Current Ratio Historical Pattern

Today, most investors in Baxter International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Baxter International's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Baxter International current ratio as a starting point in their analysis.

Baxter International Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Baxter International

Current Ratio Over Time

Baxter Discontinued Operations

Discontinued Operations

(5.13 Million)

Baxter International reported Discontinued Operations of (5.4 Million) in 2023

In accordance with the recently published financial statements, Baxter International has a Current Ratio of 2.11 times. This is 27.49% lower than that of the Health Care Equipment & Supplies sector and 39.71% lower than that of the Health Care industry. The current ratio for all United States stocks is 2.31% higher than that of the company.

Baxter Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baxter International's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Baxter International could also be used in its relative valuation, which is a method of valuing Baxter International by comparing valuation metrics of similar companies.

Baxter International is currently under evaluation in current ratio category among its peers.

Baxter International ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Baxter International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Baxter International's managers, analysts, and investors.

Environmental

Governance

Social

Baxter Fundamentals

	Return On Equity	0.0163
	Return On Asset	0.0316
	Profit Margin	0.01 %
	Operating Margin	0.09 %
	Current Valuation	28.78 B
	Shares Outstanding	510.59 M
	Shares Owned By Insiders	0.37 %
	Shares Owned By Institutions	94.71 %
	Number Of Shares Shorted	12.79 M
	Price To Earning	27.05 X
	Price To Book	2.16 X
	Price To Sales	1.13 X
	Revenue	14.81 B
	Gross Profit	6.03 B
	EBITDA	1.68 B
	Net Income	(76 M)
	Cash And Equivalents	1.72 B
	Cash Per Share	3.18 X
	Total Debt	14.36 B
	Debt To Equity	3.03 %
	Current Ratio	2.11 X
	Book Value Per Share	15.42 X
	Cash Flow From Operations	1.73 B
	Short Ratio	3.62 X
	Earnings Per Share	0.25 X
	Price To Earnings To Growth	1.70 X
	Target Price	40.32
	Number Of Employees	60 K
	Beta	0.6
	Market Capitalization	17.01 B
	Total Asset	28.28 B
	Retained Earnings	16.11 B
	Working Capital	3.1 B
	Current Asset	11.8 B
	Current Liabilities	5.75 B
	Annual Yield	0.02 %
	Five Year Return	1.15 %
	Net Asset	28.28 B
	Last Dividend Paid	1.16

About Baxter International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Baxter International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baxter International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baxter International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Baxter Stock Analysis

When running Baxter International's price analysis, check to measure Baxter International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baxter International is operating at the current time. Most of Baxter International's value examination focuses on studying past and present price action to predict the probability of Baxter International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baxter International's price. Additionally, you may evaluate how the addition of Baxter International to your portfolios can decrease your overall portfolio volatility.

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