Baxter Long Term Investments vs Other Current Assets Analysis

BAX Stock

USD 40.13 0.10 0.25%

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 Long Term Investments and its Other Current 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 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.

Long Term Investments vs Other Current Assets

Long Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baxter International Long Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Baxter International's Long Term Investments and Other Current Assets is 0.2. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current 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 Long Term Investments and Other Current 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 Long Term Investments of Baxter International are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Investments i.e., Baxter International's Long Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Baxter International balance sheet that represents investments Baxter International intends to hold for over a year. Baxter International long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Expense	192M	395M	512M	537.6M
Depreciation And Amortization	890M	1.4B	1.3B	654.2M

Interest Expense Depreciation And Amortization

Baxter International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Common Stock Total Equity
Total Assets		0.76	0.48	0.75	0.55	0.68	0.71	0.51	0.45	0.96	0.13	0.27	0.89	0.29	0.83	0.73	0.44	-0.58	0.97	0.76	0.73	0.37	0.57	0.37	0.61	0.62
Short Long Term Debt Total	0.76		0.32	0.49	0.09	0.3	0.99	0.47	0.0	0.83	0.19	-0.08	0.67	0.15	0.98	0.51	0.25	-0.64	0.84	0.96	0.32	0.61	0.93	0.59	0.29	0.37
Other Current Liab	0.48	0.32		0.49	0.06	0.71	0.27	0.13	0.34	0.47	0.48	-0.26	0.75	0.18	0.44	0.82	0.47	-0.12	0.52	0.42	0.32	0.02	0.13	0.38	0.24	0.25
Total Current Liabilities	0.75	0.49	0.49		0.43	0.71	0.44	0.22	0.37	0.57	0.21	0.47	0.81	0.44	0.51	0.82	0.67	-0.22	0.72	0.55	0.89	0.65	0.22	0.11	0.58	0.62
Total Stockholder Equity	0.55	0.09	0.06	0.43		0.53	-0.03	0.69	0.8	0.4	-0.22	0.66	0.42	0.61	0.14	0.24	0.45	-0.48	0.31	0.17	0.7	0.06	-0.08	-0.2	0.83	0.79
Property Plant And Equipment Net	0.68	0.3	0.71	0.71	0.53		0.22	0.37	0.55	0.56	0.17	0.2	0.84	0.5	0.44	0.88	0.4	-0.25	0.61	0.41	0.72	0.14	0.0	0.17	0.62	0.56
Net Debt	0.71	0.99	0.27	0.44	-0.03	0.22		0.35	-0.15	0.8	0.17	-0.15	0.61	0.03	0.96	0.46	0.17	-0.57	0.82	0.92	0.24	0.6	0.95	0.63	0.17	0.25
Retained Earnings	0.51	0.47	0.13	0.22	0.69	0.37	0.35		0.58	0.51	-0.13	0.15	0.47	0.65	0.46	0.2	0.38	-0.9	0.37	0.57	0.33	0.21	0.38	0.12	0.79	0.82
Cash	0.45	0.0	0.34	0.37	0.8	0.55	-0.15	0.58		0.31	0.05	0.49	0.46	0.53	0.08	0.33	0.5	-0.39	0.26	0.1	0.6	-0.1	-0.21	-0.25	0.74	0.71
Non Current Assets Total	0.96	0.83	0.47	0.57	0.4	0.56	0.8	0.51	0.31		0.13	0.02	0.83	0.13	0.9	0.65	0.33	-0.61	0.96	0.81	0.49	0.27	0.71	0.54	0.46	0.48
Non Currrent Assets Other	0.13	0.19	0.48	0.21	-0.22	0.17	0.17	-0.13	0.05	0.13		-0.14	0.32	0.17	0.24	0.33	0.33	0.09	0.21	0.2	0.1	0.02	0.09	-0.03	0.05	0.05
Cash And Short Term Investments	0.27	-0.08	-0.26	0.47	0.66	0.2	-0.15	0.15	0.49	0.02	-0.14		0.08	0.4	-0.1	0.0	0.26	-0.09	0.1	-0.12	0.76	0.32	-0.27	-0.53	0.51	0.47
Net Receivables	0.89	0.67	0.75	0.81	0.42	0.84	0.61	0.47	0.46	0.83	0.32	0.08		0.45	0.76	0.93	0.57	-0.47	0.88	0.76	0.69	0.35	0.43	0.34	0.64	0.66
Common Stock Shares Outstanding	0.29	0.15	0.18	0.44	0.61	0.5	0.03	0.65	0.53	0.13	0.17	0.4	0.45		0.18	0.34	0.53	-0.41	0.14	0.33	0.56	0.27	-0.05	-0.39	0.85	0.84
Non Current Liabilities Total	0.83	0.98	0.44	0.51	0.14	0.44	0.96	0.46	0.08	0.9	0.24	-0.1	0.76	0.18		0.61	0.23	-0.61	0.9	0.95	0.37	0.48	0.88	0.58	0.33	0.38
Inventory	0.73	0.51	0.82	0.82	0.24	0.88	0.46	0.2	0.33	0.65	0.33	0.0	0.93	0.34	0.61		0.5	-0.19	0.75	0.6	0.64	0.33	0.25	0.35	0.44	0.45
Other Current Assets	0.44	0.25	0.47	0.67	0.45	0.4	0.17	0.38	0.5	0.33	0.33	0.26	0.57	0.53	0.23	0.5		-0.23	0.36	0.42	0.54	0.43	0.13	0.02	0.6	0.69
Other Stockholder Equity	-0.58	-0.64	-0.12	-0.22	-0.48	-0.25	-0.57	-0.9	-0.39	-0.61	0.09	-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
Total Liab	0.97	0.84	0.52	0.72	0.31	0.61	0.82	0.37	0.26	0.96	0.21	0.1	0.88	0.14	0.9	0.75	0.36	-0.5		0.81	0.61	0.41	0.67	0.49	0.43	0.45
Property Plant And Equipment Gross	0.76	0.96	0.42	0.55	0.17	0.41	0.92	0.57	0.1	0.81	0.2	-0.12	0.76	0.33	0.95	0.6	0.42	-0.66	0.81		0.36	0.62	0.88	0.56	0.42	0.52
Total Current Assets	0.73	0.32	0.32	0.89	0.7	0.72	0.24	0.33	0.6	0.49	0.1	0.76	0.69	0.56	0.37	0.64	0.54	-0.27	0.61	0.36		0.47	0.02	-0.16	0.73	0.7
Short Term Debt	0.37	0.61	0.02	0.65	0.06	0.14	0.6	0.21	-0.1	0.27	0.02	0.32	0.35	0.27	0.48	0.33	0.43	-0.31	0.41	0.62	0.47		0.52	0.26	0.22	0.36
Intangible Assets	0.57	0.93	0.13	0.22	-0.08	0.0	0.95	0.38	-0.21	0.71	0.09	-0.27	0.43	-0.05	0.88	0.25	0.13	-0.57	0.67	0.88	0.02	0.52		0.67	0.06	0.17
Accounts Payable	0.37	0.59	0.38	0.11	-0.2	0.17	0.63	0.12	-0.25	0.54	-0.03	-0.53	0.34	-0.39	0.58	0.35	0.02	-0.26	0.49	0.56	-0.16	0.26	0.67		-0.26	-0.17
Common Stock	0.61	0.29	0.24	0.58	0.83	0.62	0.17	0.79	0.74	0.46	0.05	0.51	0.64	0.85	0.33	0.44	0.6	-0.64	0.43	0.42	0.73	0.22	0.06	-0.26		0.98
Common Stock Total Equity	0.62	0.37	0.25	0.62	0.79	0.56	0.25	0.82	0.71	0.48	0.05	0.47	0.66	0.84	0.38	0.45	0.69	-0.68	0.45	0.52	0.7	0.36	0.17	-0.17	0.98

Click cells to compare fundamentals

Baxter International Account Relationship Matchups

Baxter International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.2B	20.0B	33.5B	28.3B	28.3B	16.2B
Short Long Term Debt Total	6.0B	6.8B	18.3B	17.2B	14.4B	15.1B
Other Current Liab	1.7B	1.7B	2.2B	1.9B	2.3B	1.6B
Total Current Liabilities	3.2B	3.3B	4.2B	4.7B	6.5B	3.8B
Total Stockholder Equity	7.9B	8.7B	9.1B	5.8B	8.4B	5.8B
Property Plant And Equipment Net	5.1B	5.3B	5.8B	5.5B	5.0B	4.3B
Net Debt	2.6B	3.1B	15.4B	15.5B	11.2B	11.7B
Retained Earnings	15.7B	16.3B	17.1B	14.1B	16.1B	16.9B
Cash	3.3B	3.7B	3.0B	1.7B	3.2B	1.7B
Non Current Assets Total	10.7B	11.6B	24.6B	20.3B	18.7B	9.6B
Non Currrent Assets Other	372M	512M	683M	584M	368M	685.5M
Cash And Short Term Investments	3.3B	3.7B	3.0B	1.7B	3.2B	1.8B
Net Receivables	1.9B	2.1B	2.7B	2.8B	2.7B	2.1B
Common Stock Shares Outstanding	519M	517M	508M	504M	506M	620.3M
Liabilities And Stockholders Equity	18.2B	20.0B	33.5B	28.3B	28.3B	16.2B
Non Current Liabilities Total	7.1B	8.0B	20.2B	17.6B	13.3B	14.0B
Other Current Assets	389M	342M	390M	399M	835M	484.9M
Other Stockholder Equity	(4.8B)	(5.0B)	(5.3B)	(5.1B)	(4.8B)	(4.6B)
Total Liab	10.3B	11.3B	24.4B	22.4B	19.8B	10.3B
Property Plant And Equipment Gross	5.1B	5.3B	12.4B	12.0B	11.7B	12.3B
Total Current Assets	7.5B	8.4B	8.9B	8.0B	9.6B	6.6B
Accumulated Other Comprehensive Income	(3.7B)	(3.3B)	(3.4B)	(3.8B)	(3.6B)	(3.4B)
Short Term Debt	642M	517M	639M	1.5B	2.8B	2.9B
Intangible Assets	1.5B	1.7B	7.8B	6.8B	6.1B	6.4B
Accounts Payable	892M	1.0B	1.2B	1.1B	1.2B	1.1B
Other Liab	1.7B	1.7B	2.5B	2.0B	2.3B	2.3B
Other Assets	983M	1.3B	835M	653M	587.7M	872.8M
Long Term Debt	4.8B	5.8B	17.1B	15.2B	11.1B	5.9B
Good Will	3.0B	3.2B	9.8B	6.8B	6.5B	3.3B
Treasury Stock	(10.8B)	(11.1B)	(11.5B)	(11.4B)	(10.3B)	(9.7B)
Property Plant Equipment	4.5B	4.7B	5.8B	5.5B	6.4B	5.4B
Noncontrolling Interest In Consolidated Entity	30M	37M	44M	62M	55.8M	29.9M
Retained Earnings Total Equity	15.7B	16.3B	17.1B	14.1B	16.2B	12.7B

Baxter International Investors Sentiment

The influence of Baxter International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Baxter. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Baxter International's public news can be used to forecast risks associated with an investment in Baxter. The trend in average sentiment can be used to explain how an investor holding Baxter can time the market purely based on public headlines and social activities around Baxter International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Baxter International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Baxter International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Baxter International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Baxter International.

Baxter International Implied Volatility

36.55

Baxter International's implied volatility exposes the market's sentiment of Baxter International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Baxter International's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Baxter International stock will not fluctuate a lot when Baxter International's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Baxter International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Baxter International's short interest history, or implied volatility extrapolated from Baxter International options trading.

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

0.67

DHR

Danaher

Pair Corr

Moving against Baxter Stock

0.42

Guardant Health Financial Report 14th of May 2024

Pair Corr

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 Correlation Correlation 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:

How To Invest In Baxter

Details

Is Baxter Stock a good investment?

Details

What is Baxter International's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary 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.

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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

0.338

Dividend Share

1.16

Earnings Share

(0.15)

Revenue Per Share

29.275

Quarterly Revenue Growth

0.037

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Baxter Long Term Investments vs Other Current Assets Analysis

Long Term Investments vs Other Current Assets

Long Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Long Term Investments

Other Current Assets

Baxter International fundamental ratios Correlations

Baxter International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Baxter International fundamental ratios Accounts

Baxter International Investors Sentiment

Baxter International Implied Volatility

Pair Trading with Baxter International

Moving together with Baxter Stock

Moving against Baxter Stock

Complementary Tools for Baxter Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Common Stock Total Equity	+ 0.98	Common Stock
Total Liab	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Total Assets
Property Plant And Equipment Gross	+ 0.96	Short Long Term Debt Total

Other Stockholder Equity	- 0.9	Retained Earnings
Common Stock Total Equity	- 0.68	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.66	Other Stockholder Equity
Common Stock	- 0.64	Other Stockholder Equity
Other Stockholder Equity	- 0.64	Short Long Term Debt Total
Other Stockholder Equity	- 0.61	Non Current Liabilities Total