Baxter Minority Interest vs Reconciled Depreciation Analysis

BAX Stock  USD 33.13  0.42  1.25%   
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 Minority Interest and its Reconciled Depreciation 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.

Minority Interest vs Reconciled Depreciation

Minority Interest vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baxter International Minority Interest account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Baxter International's Minority Interest and Reconciled Depreciation is -0.31. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Reconciled Depreciation 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 Minority Interest and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Baxter International are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Minority Interest i.e., Baxter International's Minority Interest and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Baxter International whose combined shares represent less than 50% of the total outstanding shares issued by Baxter International have a minority interest in Baxter International.

Reconciled Depreciation

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

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