Baxter Intangible Assets vs Non Current Liabilities Total Analysis

BAX Stock  USD 35.75  0.37  1.02%   
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 Intangible Assets and its Non Current Liabilities Total 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 tightly coupled 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.

Intangible Assets vs Non Current Liabilities Total

Intangible Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baxter International Intangible Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Baxter International's Intangible Assets and Non Current Liabilities Total is 0.88. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Liabilities Total 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 Intangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Baxter International are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Intangible Assets i.e., Baxter International's Intangible Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Current Liabilities Total

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 tightly coupled 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.Selling General Administrative is likely to drop to about 2.4 B in 2024. Discontinued Operations is likely to rise to about (5.1 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense192M395M512M537.6M
Depreciation And Amortization890M1.4B1.3B654.2M

Baxter International fundamental ratios Correlations

0.760.480.750.550.680.710.510.450.960.130.270.890.290.830.730.44-0.580.970.760.730.370.570.370.610.62
0.760.320.490.090.30.990.470.00.830.19-0.080.670.150.980.510.25-0.640.840.960.320.610.930.590.290.37
0.480.320.490.060.710.270.130.340.470.48-0.260.750.180.440.820.47-0.120.520.420.320.020.130.380.240.25
0.750.490.490.430.710.440.220.370.570.210.470.810.440.510.820.67-0.220.720.550.890.650.220.110.580.62
0.550.090.060.430.53-0.030.690.80.4-0.220.660.420.610.140.240.45-0.480.310.170.70.06-0.08-0.20.830.79
0.680.30.710.710.530.220.370.550.560.170.20.840.50.440.880.4-0.250.610.410.720.140.00.170.620.56
0.710.990.270.44-0.030.220.35-0.150.80.17-0.150.610.030.960.460.17-0.570.820.920.240.60.950.630.170.25
0.510.470.130.220.690.370.350.580.51-0.130.150.470.650.460.20.38-0.90.370.570.330.210.380.120.790.82
0.450.00.340.370.80.55-0.150.580.310.050.490.460.530.080.330.5-0.390.260.10.6-0.1-0.21-0.250.740.71
0.960.830.470.570.40.560.80.510.310.130.020.830.130.90.650.33-0.610.960.810.490.270.710.540.460.48
0.130.190.480.21-0.220.170.17-0.130.050.13-0.140.320.170.240.330.330.090.210.20.10.020.09-0.030.050.05
0.27-0.08-0.260.470.660.2-0.150.150.490.02-0.140.080.4-0.10.00.26-0.090.1-0.120.760.32-0.27-0.530.510.47
0.890.670.750.810.420.840.610.470.460.830.320.080.450.760.930.57-0.470.880.760.690.350.430.340.640.66
0.290.150.180.440.610.50.030.650.530.130.170.40.450.180.340.53-0.410.140.330.560.27-0.05-0.390.850.84
0.830.980.440.510.140.440.960.460.080.90.24-0.10.760.180.610.23-0.610.90.950.370.480.880.580.330.38
0.730.510.820.820.240.880.460.20.330.650.330.00.930.340.610.5-0.190.750.60.640.330.250.350.440.45
0.440.250.470.670.450.40.170.380.50.330.330.260.570.530.230.5-0.230.360.420.540.430.130.020.60.69
-0.58-0.64-0.12-0.22-0.48-0.25-0.57-0.9-0.39-0.610.09-0.09-0.47-0.41-0.61-0.19-0.23-0.5-0.66-0.27-0.31-0.57-0.26-0.64-0.68
0.970.840.520.720.310.610.820.370.260.960.210.10.880.140.90.750.36-0.50.810.610.410.670.490.430.45
0.760.960.420.550.170.410.920.570.10.810.2-0.120.760.330.950.60.42-0.660.810.360.620.880.560.420.52
0.730.320.320.890.70.720.240.330.60.490.10.760.690.560.370.640.54-0.270.610.360.470.02-0.160.730.7
0.370.610.020.650.060.140.60.21-0.10.270.020.320.350.270.480.330.43-0.310.410.620.470.520.260.220.36
0.570.930.130.22-0.080.00.950.38-0.210.710.09-0.270.43-0.050.880.250.13-0.570.670.880.020.520.670.060.17
0.370.590.380.11-0.20.170.630.12-0.250.54-0.03-0.530.34-0.390.580.350.02-0.260.490.56-0.160.260.67-0.26-0.17
0.610.290.240.580.830.620.170.790.740.460.050.510.640.850.330.440.6-0.640.430.420.730.220.06-0.260.98
0.620.370.250.620.790.560.250.820.710.480.050.470.660.840.380.450.69-0.680.450.520.70.360.17-0.170.98
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 Liab1.7B1.7B2.2B1.9B2.3B1.6B
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 Other372M512M683M584M368M685.5M
Cash And Short Term Investments3.3B3.7B3.0B1.7B3.2B1.8B
Net Receivables1.9B2.1B2.7B2.8B2.7B2.1B
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 Assets389M342M390M399M835M484.9M
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

Pair Trading with Baxter International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baxter International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baxter International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Baxter Stock

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Moving against Baxter Stock

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The ability to find closely correlated positions to Baxter International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baxter International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baxter International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baxter International to buy it.
The correlation of Baxter International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baxter International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baxter International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baxter International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Baxter International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Baxter International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Baxter International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Baxter International Stock:
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 tightly coupled 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.
Note that the Baxter International information on this page should be used as a complementary analysis to other Baxter International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Baxter International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baxter International. If investors know Baxter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baxter International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
1.16
Earnings Share
(0.08)
Revenue Per Share
29.387
Quarterly Revenue Growth
0.022
The market value of Baxter International is measured differently than its book value, which is the value of Baxter that is recorded on the company's balance sheet. Investors also form their own opinion of Baxter International's value that differs from its market value or its book value, called intrinsic value, which is Baxter International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baxter International's market value can be influenced by many factors that don't directly affect Baxter International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baxter International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baxter International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baxter International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.