Baxter International BAX
NYSE BAX
$24.18 -0.21 (-0.87%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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