Baxter International Inc (BAX)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 25,782,000 26,676,000 26,312,000 27,788,000 28,276,000 30,656,000 27,885,000 28,291,000 28,287,000 27,965,000 31,831,000 32,716,000 33,521,000 19,807,000 19,682,000 19,466,000 20,019,000 20,098,000 19,465,000 19,075,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $25,782,000K
= 0.00

The debt-to-assets ratio of Baxter International Inc has remained consistently at 0.00 throughout the period from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its total assets during this time frame. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity rather than debt, which may be seen as a positive indicator of financial stability and lower financial risk. It implies that the company's capital structure is not heavily reliant on borrowed funds and that its assets are primarily funded by shareholders' equity. Nonetheless, while a low debt-to-assets ratio can be favorable, it is important to consider the overall context of the company's financial health and strategy to fully assess its financial position and performance.


See also:

Baxter International Inc Debt to Assets (Quarterly Data)