BAXTER INTERNATIONAL INC. (BAX) Current Ratio
- Current ratio · latest quarter: Value 1.95×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 1.95× | Current assets / current liabilities. $6.99B ÷ $3.59B ≈ 1.95× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 6.99B USD | Assets, Current |
| Current obligations | 3.59B USD | Liabilities, Current |
| Cash and equivalents | 2.15B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 1.86B USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 2.26B USD | Inventory, Net |
| Payables | 1.03B USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $6.99B | $3.59B | $2.15B | (m) | $1.86B | $2.26B | $1.03B | (m) | 1.95× |
| 2026-03-31 | $6.85B | $3.69B | $2.02B | (m) | $1.70B | $2.32B | $1.09B | (m) | 1.85× |
| 2025-12-31 | $6.87B | $2.97B | $1.97B | (m) | $1.86B | $2.23B | $999.00M | (m) | 2.31× |
| 2025-09-30 | $6.93B | $3.77B | $1.73B | (m) | $1.78B | $2.46B | $953.00M | (m) | 1.84× |
| 2025-06-30 | $6.75B | $2.94B | $1.69B | (m) | $1.77B | $2.38B | $995.00M | (m) | 2.30× |
| 2025-03-31 | $7.04B | $3.48B | $2.29B | (m) | $1.65B | $2.17B | $963.00M | (m) | 2.02× |
| 2024-12-31 | $8.85B | $6.51B | $1.76B | (m) | $1.68B | $2.05B | $968.00M | (m) | 1.36× |
| 2024-09-30 | $8.86B | $6.20B | $1.42B | (m) | $1.73B | $2.10B | $841.00M | (m) | 1.43× |
| 2024-06-30 | $8.59B | $6.13B | $2.10B | (m) | $2.64B | $2.98B | $1.25B | (m) | 1.40× |
| 2024-03-31 | $9.40B | $6.37B | $3.03B | (m) | $2.52B | $2.99B | $1.33B | (m) | 1.48× |
| 2023-12-31 | $9.60B | $6.50B | $3.08B | (m) | $1.72B | $1.92B | $881.00M | (m) | 1.48× |
| 2023-09-30 | $12.03B | $6.21B | $5.79B | (m) | $2.51B | $2.87B | $1.25B | (m) | 1.94× |
| 2023-06-30 | $8.21B | $5.76B | $1.72B | (m) | $2.50B | $2.90B | $1.24B | (m) | 1.42× |
| 2023-03-31 | $8.10B | $4.76B | $1.67B | (m) | $2.55B | $2.92B | $1.29B | (m) | 1.70× |
| 2022-12-31 | $8.01B | $4.75B | $1.72B | (m) | $2.57B | $2.68B | $1.11B | (m) | 1.69× |
| 2022-09-30 | $7.81B | $3.71B | $1.60B | (m) | $2.56B | $2.67B | $1.23B | (m) | 2.11× |
| 2022-06-30 | $7.88B | $3.92B | $1.85B | (m) | (m) | $2.66B | $1.28B | (m) | 2.01× |
| 2022-03-31 | $8.17B | $3.89B | $2.29B | (m) | (m) | $2.55B | $1.22B | (m) | 2.10× |
| 2021-12-31 | $8.87B | $4.24B | $2.95B | (m) | $2.63B | $2.45B | $1.25B | (m) | 2.09× |
| 2021-09-30 | $8.17B | $3.44B | $3.26B | (m) | (m) | $2.02B | $999.00M | (m) | 2.37× |
| 2021-06-30 | $8.00B | $3.34B | $3.14B | (m) | (m) | $2.06B | $1.00B | (m) | 2.39× |
| 2021-03-31 | $7.86B | $3.19B | $3.18B | (m) | (m) | $2.02B | $1.02B | (m) | 2.47× |
| 2020-12-31 | $8.41B | $3.33B | $3.73B | (m) | $2.01B | $1.92B | $1.04B | (m) | 2.52× |
| 2020-09-30 | $9.03B | $3.42B | $4.36B | (m) | (m) | $1.99B | (m) | (m) | 2.64× |
| 2020-06-30 | $8.57B | $2.88B | $4.08B | (m) | (m) | $1.91B | (m) | (m) | 2.97× |
| 2020-03-31 | $8.33B | $3.04B | $4.11B | (m) | (m) | $1.69B | (m) | (m) | 2.74× |
| 2019-12-31 | $7.50B | $3.23B | $3.33B | (m) | $1.90B | $1.65B | (m) | (m) | 2.32× |
| 2019-09-30 | $7.21B | $2.61B | $3.01B | (m) | (m) | $1.72B | (m) | (m) | 2.76× |
| 2019-06-30 | $7.23B | $2.56B | $2.93B | (m) | (m) | $1.76B | (m) | (m) | 2.83× |
| 2019-03-31 | $6.06B | $3.28B | $1.90B | (m) | (m) | $1.74B | (m) | (m) | 1.85× |
| 2018-12-31 | $5.96B | $2.81B | $1.84B | (m) | (m) | $1.67B | (m) | (m) | 2.12× |
| 2018-09-30 | $7.03B | $2.66B | $2.86B | (m) | (m) | $1.72B | (m) | (m) | 2.64× |
| 2018-06-30 | $6.88B | $2.59B | $2.86B | (m) | (m) | $1.62B | (m) | (m) | 2.66× |
| 2018-03-31 | $6.96B | $2.60B | $2.95B | (m) | (m) | $1.58B | (m) | (m) | 2.67× |
| 2017-12-31 | $7.26B | $2.82B | $3.39B | (m) | (m) | $1.48B | (m) | (m) | 2.57× |
| 2017-09-30 | $7.45B | $2.66B | $3.52B | (m) | (m) | $1.55B | (m) | (m) | 2.80× |
| 2017-06-30 | $7.70B | $2.56B | $3.82B | (m) | (m) | $1.52B | (m) | (m) | 3.01× |
| 2017-03-31 | $6.63B | $2.44B | $2.86B | (m) | (m) | $1.48B | (m) | (m) | 2.72× |
| 2016-12-31 | $6.57B | $2.74B | $2.80B | (m) | (m) | $1.43B | (m) | (m) | 2.40× |
| 2016-09-30 | $6.59B | $2.61B | $2.60B | (m) | (m) | $1.57B | (m) | (m) | 2.53× |
| 2016-06-30 | $6.82B | $3.72B | $2.63B | (m) | (m) | $1.59B | (m) | (m) | 1.83× |
| 2016-03-31 | $8.02B | $3.82B | $2.21B | (m) | (m) | $1.68B | (m) | (m) | 2.10× |
| 2015-12-31 | $11.80B | $5.75B | $2.21B | (m) | (m) | $1.60B | (m) | (m) | 2.05× |
| 2015-09-30 | $11.14B | $5.98B | $1.97B | (m) | (m) | $1.70B | (m) | (m) | 1.86× |
| 2015-06-30 | $14.50B | $6.31B | $6.68B | (m) | (m) | $3.84B | (m) | (m) | 2.30× |
| 2015-03-31 | $9.73B | $6.07B | $2.53B | (m) | (m) | $3.50B | (m) | (m) | 1.60× |
| 2014-12-31 | $10.16B | $6.04B | $2.92B | (m) | (m) | $1.58B | (m) | (m) | 1.68× |
| 2014-09-30 | $9.63B | $5.99B | $2.08B | (m) | (m) | $3.70B | (m) | (m) | 1.61× |
| 2014-06-30 | $9.49B | $5.79B | $1.87B | (m) | (m) | $3.84B | (m) | (m) | 1.64× |
| 2014-03-31 | $9.39B | $5.64B | $2.05B | (m) | (m) | $3.75B | (m) | (m) | 1.66× |
| 2013-12-31 | $10.20B | $5.25B | $2.73B | (m) | (m) | $3.50B | (m) | (m) | 1.94× |
| 2013-09-30 | $9.60B | $5.00B | $2.38B | (m) | (m) | $3.58B | (m) | (m) | 1.92× |
| 2013-06-30 | $12.19B | $4.52B | $5.99B | (m) | (m) | $3.07B | (m) | (m) | 2.70× |
| 2013-03-31 | $8.81B | $4.78B | $2.69B | (m) | (m) | $2.96B | (m) | (m) | 1.84× |
| 2012-12-31 | $9.26B | $4.76B | $3.27B | (m) | (m) | $2.80B | (m) | (m) | 1.95× |
| 2012-09-30 | $9.11B | $4.46B | $3.19B | (m) | (m) | $2.83B | (m) | (m) | 2.04× |
| 2012-06-30 | $8.05B | $4.87B | $2.35B | (m) | (m) | $2.73B | (m) | (m) | 1.65× |
| 2012-03-31 | $8.12B | $4.86B | $2.27B | (m) | (m) | $2.74B | (m) | (m) | 1.67× |
| 2011-12-31 | $8.65B | $4.86B | $2.90B | (m) | (m) | $2.63B | (m) | (m) | 1.78× |
| 2011-09-30 | $8.00B | $4.17B | $2.34B | (m) | (m) | $2.62B | (m) | (m) | 1.92× |
| 2011-06-30 | $7.81B | $4.03B | $2.02B | (m) | (m) | $2.65B | (m) | (m) | 1.94× |
| 2011-03-31 | $7.76B | $3.89B | $2.17B | (m) | (m) | $2.52B | (m) | (m) | 2.00× |
| 2010-12-31 | $7.99B | $4.04B | $2.69B | (m) | (m) | $2.37B | (m) | (m) | 1.98× |
| 2010-09-30 | $8.14B | $4.20B | $2.79B | (m) | (m) | $2.50B | (m) | (m) | 1.94× |
| 2010-06-30 | $7.38B | $4.08B | $2.30B | (m) | (m) | $2.38B | (m) | (m) | 1.81× |
| 2010-03-31 | $8.02B | $4.28B | $2.67B | (m) | (m) | $2.48B | (m) | (m) | 1.87× |
| 2009-12-31 | $8.27B | $4.46B | $2.79B | (m) | (m) | $2.56B | (m) | (m) | 1.85× |
| 2009-09-30 | $8.06B | $3.47B | $2.57B | (m) | (m) | $2.63B | (m) | (m) | 2.33× |
| 2009-06-30 | $7.07B | $3.40B | $1.80B | (m) | (m) | $2.50B | (m) | (m) | 2.08× |
| 2008-12-31 | $7.15B | $3.63B | $2.13B | (m) | (m) | $2.36B | (m) | (m) | 1.97× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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