Baxter International (BAX) Interest Coverage Ratio (2009 - 2019)
Baxter International (BAX) reported Interest Coverage Ratio of 12.5 for Q2 2019, down 20.42% year-over-year from 15.71 in Q2 2018, and down 18.41% on a QoQ basis from 15.32 in Q1 2019.
Baxter International (BAX) has 11 years of Interest Coverage Ratio data on file, last reported at 12.5 in Q2 2019.
- Quarterly Interest Coverage Ratio fell 20.42% year-over-year to 12.5 in Q2 2019, while the trailing twelve-month figure through Mar 2020 was 64.21 (up 302.12% YoY) and the FY2018 annual result came in at 17.03, up 12.4% from the prior year.
- Interest Coverage Ratio fell to 12.5 in Q2 2019 per BAX's latest filing, from 15.32 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 64.6 in Q4 2016 and bottomed at 2.42 in Q2 2015.
- The 5-year median for Interest Coverage Ratio is 13.08 (2017), against an average of 14.03.
- The widest annual swing landed in 2016, when Interest Coverage Ratio jumped 1242.81%; it then slumped 80.62% in 2017.
- Tracing BAX's Interest Coverage Ratio over 5 years: stood at 4.81 in 2015, then jumped by 1242.81% to 64.6 in 2016, then tumbled by 80.62% to 12.52 in 2017, then jumped by 35.76% to 17.0 in 2018, then declined by 26.47% to 12.5 in 2019.
- Per Business Quant, the three latest BAX Interest Coverage Ratio figures stand at 12.5 (Q2 2019), 15.32 (Q1 2019), and 17.0 (Q4 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 0.62 |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | - |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 93.21 |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | - |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 9.50 |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | - |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | - |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 6.34 |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 2.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 12.50 |
| Mar 31, 2019 | 15.32 |
| Dec 31, 2018 | 17.00 |
| Sep 30, 2018 | 15.92 |
| Jun 30, 2018 | 15.71 |
| Mar 31, 2018 | 19.73 |
| Dec 31, 2017 | 12.52 |
| Sep 30, 2017 | 13.64 |
| Jun 30, 2017 | 16.52 |
| Mar 31, 2017 | 17.65 |
| Dec 31, 2016 | 64.60 |
| Sep 30, 2016 | 9.30 |
| Jun 30, 2016 | 4.25 |
| Mar 31, 2016 | 5.70 |
| Dec 31, 2015 | 4.81 |
| Sep 30, 2015 | 2.42 |
| Jun 30, 2015 | 2.42 |
| Mar 31, 2015 | 2.63 |
| Dec 31, 2014 | 5.31 |
| Sep 30, 2014 | 6.03 |
| Jun 30, 2014 | 1.38 |
| Mar 31, 2014 | -2.73 |
| Dec 31, 2013 | 21.51 |
| Sep 30, 2013 | 18.80 |
| Jun 30, 2013 | 31.79 |
| Mar 31, 2013 | 27.45 |
| Dec 31, 2012 | 14.38 |
| Sep 30, 2012 | 40.68 |
| Jun 30, 2012 | 39.00 |
| Mar 31, 2012 | 34.41 |
| Dec 31, 2011 | 25.00 |
| Sep 30, 2011 | 32.39 |
| Dec 31, 2010 | -755.00 |
| Sep 30, 2010 | 26.07 |
| Jun 30, 2010 | 27.92 |
| Mar 31, 2010 | -7.00 |
| Dec 31, 2009 | -3.96 |
| Sep 30, 2009 | 27.11 |
| Jun 30, 2009 | 25.76 |
| Mar 31, 2009 | -25.58 |