Baxter International (BAX) Interest Coverage Ratio (2009 - 2019)
Baxter International's (BAX) Interest Coverage Ratio was 12.50 for Q2 2019, down 20.4% from 15.71 a year earlier and down 18.4% from the prior quarter.
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Analysis
Baxter International (BAX) Interest Coverage Ratio (2009 - 2019) Analysis & Trends
Over the twelve months ended Jun 30, 2019, Baxter International's Interest Coverage Ratio came in at 15.06, down 2.0% year-over-year; for FY2018, it was 17.03, up 12.4% from FY2017.
- Interest Coverage Ratio has increased for three consecutive years.
- By year, Interest Coverage Ratio came in at 15.15 in FY2017 (+81.0%), 8.37 in FY2016 (+172.2%), 3.08 in FY2015 (-21.7%) and 3.93 in FY2014 (+22.8%).
- The Q2 2019 figure ranks as the lowest quarterly Interest Coverage Ratio since Q3 2016.
- Year over year, Interest Coverage Ratio gained in four of the last eight quarters, with growth averaging 5.7%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q2 2017 (growth of 288.8%); the low point was Q4 2014 (a decline of 84.6%).
- Per Business Quant data, the three quarters before Q2 2019 came in at 15.32 (Q1 2019), 17.00 (Q4 2018) and 15.92 (Q3 2018).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 12.27 |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 5.02 |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | - |
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 | 5.31 |
| Sep 30, 2014 | 6.03 |
API Access
Baxter International Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "BAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();