Baxter International (BAX) Interest Coverage Ratio (2009 - 2019)
Baxter International's (BAX) quarterly Interest Coverage Ratio came in at 12.5 in Q2 2019, down 20.42% year-over-year from 15.71 in Q2 2018, and down 18.41% quarter-over-quarter from 15.32 in Q1 2019.
Analysis
Baxter International (BAX) Interest Coverage Ratio (2009 - 2019) Analysis & Trends
Baxter International (BAX) has reported Interest Coverage Ratio for 11 consecutive years, with 12.5 the latest figure, recorded in Q2 2019.
- On a quarterly basis, Interest Coverage Ratio fell 20.42% year-over-year to 12.5 in Q2 2019; TTM through Jun 2019 was 15.06, a 2.04% decrease from a year earlier, with the FY2018 full-year figure at 17.03, up 12.4% from the prior year.
- Interest Coverage Ratio was 12.5 for Q2 2019 at Baxter International, down from 15.32 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 19.73 in Q1 2018 and troughed at 2.42 in Q2 2015.
- A 5-year average of 11.29 and a median of 13.08 in 2017 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 3078.66% in 2015, down 59.84% in 2015.
- Over 5 years, Interest Coverage Ratio stood at 4.81 in 2015, then soared by 214.92% to 15.15 in 2016, then fell by 17.35% to 12.52 in 2017, then surged by 35.76% to 17.0 in 2018, then fell by 26.47% to 12.5 in 2019.
- The last three Interest Coverage Ratio figures came in at 12.5 (Q2 2019), 15.32 (Q1 2019), and 17.0 (Q4 2018), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Becton Dickinson | 48.41 Bn | 47.55 Bn | 2.32 Bn | 5.02 |
| 2 | Medline | 27.78 Bn | 25.10 Bn | 2.22 Bn | - |
| 3 | West Pharmaceutical Services | 24.42 Bn | 23.98 Bn | 329.20 Mn | 68.88 |
| 4 | Baxter International | 12.49 Bn | 10.34 Bn | 1.03 Bn | - |
| 5 | Stevanato Group S.p.A | 5.70 Bn | 5.59 Bn | 100.91 Mn | 19.66 |
| 6 | Acme United | 235.29 Mn | 230.25 Mn | 26.69 Mn | - |
| 7 | Rockwell Medical | 31.39 Mn | 6.60 Mn | 3.24 Mn | -3.78 |
| 8 | Retractable Technologies | 21.15 Mn | -18.72 Mn | 190,852.00 | -275.11 |
| 9 | United Health Products | 8.85 Mn | 8.82 Mn | - | -3.31 |
| 10 | Cuprina Holdings (Cayman) | 7.88 Mn | 4.76 Mn | - | - |
Historic Data
Download Data
Historic 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 | 15.15 |
| 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 | 0.15 |
| Sep 30, 2014 | 6.03 |