Baxter Cash And Short Term Investments vs Property Plant And Equipment Net Analysis

BAX Stock  USD 33.32  0.13  0.39%   
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 Cash And Short Term Investments and its Property Plant And Equipment Net 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.

Cash And Short Term Investments vs Property Plant And Equipment Net

Cash And Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baxter International Cash And Short Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Baxter International's Cash And Short Term Investments and Property Plant And Equipment Net is 0.2. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Property Plant And Equipment Net 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 Cash And Short Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Baxter International are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash And Short Term Investments i.e., Baxter International's Cash And Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Baxter International balance sheet. This account contains Baxter International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Baxter International fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.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

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