Stock Analysis on Net
Stock Analysis on Net

Baxter International Inc. (NYSE:BAX)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 4, 2016.

Common-Size Balance Sheet: Assets
Quarterly Data

Paying user area

Try for free

Baxter International Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Baxter International Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Cash and equivalents
Accounts and other current receivables, net
Inventories
Prepaid expenses and other
Investment in Baxalta common stock
Current assets held for disposition
Current assets
Property, plant and equipment, net
Goodwill
Other intangible assets, net
Other
Other assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

Cash and Equivalents
The proportion of cash and equivalents relative to total assets exhibited noticeable volatility during the observed periods. Initial values fluctuated between approximately 11% and 16%, peaking at 25.22% in June 2013. Subsequently, there was a general decline to lows around 7-8% through 2014, followed by renewed volatility with increases up to 22.26% in June 2015 and ending at 16.46% in June 2016. The data suggests episodic liquidity adjustments possibly in response to operational or financial activities.
Accounts and Other Current Receivables, Net
This item generally demonstrated a declining trend as a percentage of total assets, starting from about 14% and gradually declining to levels near 8% by year-end 2015 before a modest rebound to 11.34% by mid-2016. This pattern may reflect enhanced collection efficiency or changes in sales terms over time.
Inventories
Inventory levels as a percentage of total assets were relatively stable in the beginning, ranging between 13.5% and 15% through 2011 and 2012, but then steadily decreased from late 2014, reaching a low of 7.65% in December 2015. A slight recovery is observed thereafter. The declining trend could indicate a strategic reduction in inventory holdings or improved inventory turnover.
Prepaid Expenses and Other
These assets showed moderate fluctuations generally ranging between approximately 3.3% and 5.5% of total assets across the periods, without strong directional trends. A peak of 6.61% occurred in September 2015, indicating potential short-term changes in prepayments or other current assets.
Investment in Baxalta Common Stock
This asset category appears intermittently, becoming significant starting in late periods with values of 20.6%, then increasing to 24.54%, falling sharply to 7.1%, suggesting significant investment and divestment activities related to this stock during the last years in the data.
Current Assets Held for Disposition
Values under this item appear only in late 2013 and 2015 periods, with percentages less than 1.2%, indicating occasional holdings of current assets intended for disposal, with no major magnitude observed.
Current Assets
Current assets as a whole stayed within a band of approximately 37% to 56% of total assets over the timeframe, with some peaks notably in mid-2013 and late 2015. This suggests moderate variation in liquid and short-term resource levels relative to total assets, possibly reflecting working capital management adaptations.
Property, Plant and Equipment, Net
This component ranged widely from around 20.9% to 34.2%. The trend peaked towards the end of 2014 and declined sharply in 2015, indicating either asset disposals, depreciation effects, or shifts in capital expenditures during those years, with some recovery by mid-2016.
Goodwill
Goodwill as a percentage of total assets generally experienced fluctuations, mostly between 10.5% and 16.7%, with a notable decline in the 2013-2015 period followed by a moderate rebound by mid-2016. These movements may relate to acquisitions or impairment assessments affecting the intangible asset base.
Other Intangible Assets, Net
Intangible assets excluding goodwill showed variability, starting low around 2.87%-4.9%, experiencing a significant jump in later years to over 8%-10%, then stabilizing around 7%-9%. This could indicate acquisitions or investments in non-physical assets or reclassifications over time.
Other
The ‘Other’ assets designation declined markedly from around 9.6% in early 2011 to less than 3.6% during 2015, with a slight recovery towards 5.7% in mid-2016, indicating a progressive reclassification or disposition of miscellaneous assets.
Other Assets
These assets showed an increasing tendency towards late periods with notable peaks above 30% in 2013, before declining again in 2014 and rising towards 30.22% by mid-2016. The volatility implies changes in long-term asset holdings or reclassifications within the asset mix.
Non-current Assets
Non-current assets as a share of total assets varied between approximately 43.8% to nearly 63%, showing a decline from 2013 to 2015 followed by a resurgence in 2016, reflecting fluctuations in property, goodwill, intangibles, and other long-term assets likely driven by capital investment cycles, disposals, and acquisitions.
Total Assets
By definition, all components aggregate to 100%, serving as the benchmark for proportional analysis of each asset category.