Baxter Cash And Equivalents vs Total Assets Analysis

BAX Stock  USD 33.31  0.44  1.34%   
Baxter International financial indicator trend analysis is way more than just evaluating Baxter International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baxter International is a good investment. Please check the relationship between Baxter International Cash And Equivalents and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baxter International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Baxter Stock please use our How to Invest in Baxter International guide.

Cash And Equivalents vs Total Assets

Cash And Equivalents vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baxter International Cash And Equivalents account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Baxter International's Cash And Equivalents and Total Assets is -0.22. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Total Assets in the same time period over historical financial statements of Baxter International, assuming nothing else is changed. The correlation between historical values of Baxter International's Cash And Equivalents and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Baxter International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Equivalents i.e., Baxter International's Cash And Equivalents and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Equivalents

Total Assets

Total assets refers to the total amount of Baxter International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Baxter International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Baxter International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baxter International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baxter International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Baxter Stock please use our How to Invest in Baxter International guide.At this time, Baxter International's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 19.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense192M395M512M537.6M
Depreciation And Amortization890M1.4B1.3B653.6M

Baxter International fundamental ratios Correlations

0.760.420.750.550.680.710.510.450.960.170.270.880.290.830.730.76-0.580.970.760.730.370.570.360.610.62
0.760.260.490.090.30.990.470.00.830.23-0.080.660.150.980.510.71-0.640.840.960.320.610.930.580.290.37
0.420.260.470.030.710.220.070.30.410.49-0.270.720.20.380.810.34-0.050.470.360.3-0.010.070.330.220.22
0.750.490.470.430.710.440.220.370.570.260.470.810.440.510.820.52-0.220.720.550.890.650.220.10.580.62
0.550.090.030.430.53-0.030.690.80.4-0.20.660.450.610.140.240.34-0.480.310.170.70.06-0.08-0.190.830.79
0.680.30.710.710.530.220.370.550.560.170.20.850.50.440.880.38-0.250.610.410.720.140.00.170.620.56
0.710.990.220.44-0.030.220.35-0.150.80.21-0.150.590.030.960.460.66-0.570.820.920.240.60.950.620.170.25
0.510.470.070.220.690.370.350.580.51-0.110.150.470.650.460.20.54-0.90.370.570.330.210.380.120.790.82
0.450.00.30.370.80.55-0.150.580.310.070.490.490.530.080.330.37-0.390.260.10.6-0.1-0.21-0.240.740.71
0.960.830.410.570.40.560.80.510.310.170.020.820.130.90.650.77-0.610.960.810.490.270.710.530.460.48
0.170.230.490.26-0.20.170.21-0.110.070.17-0.140.360.160.270.360.40.060.250.250.120.080.140.010.070.09
0.27-0.08-0.270.470.660.2-0.150.150.490.02-0.140.090.4-0.10.00.09-0.090.1-0.120.760.32-0.27-0.520.510.46
0.880.660.720.810.450.850.590.470.490.820.360.090.460.750.930.7-0.460.860.740.70.350.410.330.650.66
0.290.150.20.440.610.50.030.650.530.130.160.40.460.180.340.3-0.410.140.330.560.27-0.05-0.390.850.84
0.830.980.380.510.140.440.960.460.080.90.27-0.10.750.180.610.72-0.610.90.950.370.480.880.570.330.38
0.730.510.810.820.240.880.460.20.330.650.360.00.930.340.610.5-0.190.750.60.640.330.250.350.440.45
0.760.710.340.520.340.380.660.540.370.770.40.090.70.30.720.5-0.640.760.730.460.340.60.290.560.6
-0.58-0.64-0.05-0.22-0.48-0.25-0.57-0.9-0.39-0.610.06-0.09-0.46-0.41-0.61-0.19-0.64-0.5-0.66-0.27-0.31-0.57-0.25-0.64-0.68
0.970.840.470.720.310.610.820.370.260.960.250.10.860.140.90.750.76-0.50.810.610.410.670.470.430.45
0.760.960.360.550.170.410.920.570.10.810.25-0.120.740.330.950.60.73-0.660.810.360.620.880.550.420.52
0.730.320.30.890.70.720.240.330.60.490.120.760.70.560.370.640.46-0.270.610.360.470.02-0.160.730.7
0.370.61-0.010.650.060.140.60.21-0.10.270.080.320.350.270.480.330.34-0.310.410.620.470.520.260.220.36
0.570.930.070.22-0.080.00.950.38-0.210.710.14-0.270.41-0.050.880.250.6-0.570.670.880.020.520.650.060.17
0.360.580.330.1-0.190.170.620.12-0.240.530.01-0.520.33-0.390.570.350.29-0.250.470.55-0.160.260.65-0.27-0.18
0.610.290.220.580.830.620.170.790.740.460.070.510.650.850.330.440.56-0.640.430.420.730.220.06-0.270.98
0.620.370.220.620.790.560.250.820.710.480.090.460.660.840.380.450.6-0.680.450.520.70.360.17-0.180.98
Click cells to compare fundamentals

Baxter International Account Relationship Matchups

Baxter International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2B20.0B33.5B28.3B28.3B16.2B
Short Long Term Debt Total6.0B6.8B18.3B17.2B14.4B15.1B
Other Current Liab1.7B1.5B1.9B1.9B2.1B1.6B
Total Current Liabilities3.2B3.3B4.2B4.7B6.5B3.8B
Total Stockholder Equity7.9B8.7B9.1B5.8B8.4B5.8B
Property Plant And Equipment Net5.1B5.3B5.8B5.5B5.0B4.3B
Net Debt2.6B3.1B15.4B15.5B11.2B11.7B
Retained Earnings15.7B16.3B17.1B14.1B16.1B16.9B
Cash3.3B3.7B3.0B1.7B3.2B1.7B
Non Current Assets Total10.7B11.6B24.6B20.3B18.7B9.6B
Non Currrent Assets Other372M512M683M584M548M689.2M
Cash And Short Term Investments3.3B3.7B3.0B1.7B3.2B1.8B
Net Receivables1.9B2.1B2.7B2.6B2.7B2.1B
Common Stock Shares Outstanding519M517M508M504M506M620.3M
Liabilities And Stockholders Equity18.2B20.0B33.5B28.3B28.3B16.2B
Non Current Liabilities Total7.1B8.0B20.2B17.6B13.3B14.0B
Other Current Assets389M688M755M991M839M521.8M
Other Stockholder Equity(4.8B)(5.0B)(5.3B)(5.1B)(4.8B)(4.6B)
Total Liab10.3B11.3B24.4B22.4B19.8B10.3B
Property Plant And Equipment Gross5.1B5.3B12.4B12.0B11.7B12.3B
Total Current Assets7.5B8.4B8.9B8.0B9.6B6.6B
Accumulated Other Comprehensive Income(3.7B)(3.3B)(3.4B)(3.8B)(3.6B)(3.4B)
Short Term Debt642M517M639M1.5B2.8B2.9B
Intangible Assets1.5B1.7B7.8B6.8B6.1B6.4B
Accounts Payable892M1.0B1.2B1.1B1.2B1.1B
Other Liab1.7B1.7B2.5B2.0B2.3B2.3B
Other Assets983M1.3B835M653M587.7M872.8M
Long Term Debt4.8B5.8B17.1B15.2B11.1B5.9B
Good Will3.0B3.2B9.8B6.8B6.5B3.3B
Treasury Stock(10.8B)(11.1B)(11.5B)(11.4B)(10.3B)(9.7B)
Property Plant Equipment4.5B4.7B5.8B5.5B6.4B5.4B
Noncontrolling Interest In Consolidated Entity30M37M44M62M55.8M29.9M
Retained Earnings Total Equity15.7B16.3B17.1B14.1B16.2B12.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Baxter Stock Analysis

When running Baxter International's price analysis, check to measure Baxter International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baxter International is operating at the current time. Most of Baxter International's value examination focuses on studying past and present price action to predict the probability of Baxter International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baxter International's price. Additionally, you may evaluate how the addition of Baxter International to your portfolios can decrease your overall portfolio volatility.