Baxter International (BAX) Times Interest Earned (2009 - 2019)
Baxter International's Times Interest Earned was 12.50 in Q2 2019, down 20.4% from 15.71 a year earlier and down 18.4% from the prior quarter.
Baxter International (BAX) Times Interest Earned (2009 - 2019) Analysis & Trends
On a trailing twelve-month basis, Baxter International's Times Interest Earned was 15.06 through Jun 30, 2019, down 2.0% year-over-year; for FY2018, it was 17.03, up 12.4% from FY2017.
- Times Interest Earned has now increased for three consecutive years.
- In earlier years, Times Interest Earned was 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 marks the lowest quarterly Times Interest Earned since Q3 2016.
- Compared with a year earlier, Times Interest Earned was higher in four of the last eight quarters, with growth averaging 5.7%.
- The best year-over-year quarter for Times Interest Earned over five years was Q2 2017 (growth of 288.8%); the worst was Q4 2014 (a decline of 84.6%).
- Per Business Quant data, BAX's Times Interest Earned in the three quarters before Q2 2019 was 15.32 (Q1 2019), 17.00 (Q4 2018) and 15.92 (Q3 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (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
| 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 |
Baxter International Times Interest Earned 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=times-interest-earned&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();