Baxter International Inc (BAX)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,964,000 | 8,402,000 | 5,833,000 | 9,077,000 | 8,689,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,964,000K
= 0.00
Based on the data provided, Baxter International Inc has maintained a consistent debt-to-equity ratio of 0.00 across the years from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity. This signifies that Baxter International Inc relies solely on equity financing rather than taking on debt to fund its operations and investments. While a low debt-to-equity ratio can indicate a lower financial risk and greater financial stability, it may also suggest that the company is not leveraging debt to potentially maximize returns. It would be important to consider other financial ratios and factors to assess the overall financial health and strategy of Baxter International Inc.
Peer comparison
Dec 31, 2024