Stock Analysis on Net

Becton, Dickinson & Co. (NYSE:BDX)

This company has been moved to the archive! The financial data has not been updated since May 5, 2022.

Analysis of Liquidity Ratios
Quarterly Data

Microsoft Excel

Liquidity Ratios (Summary)

Becton, Dickinson & Co., liquidity ratios (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015
Current ratio 1.53 1.23 1.33 1.23 1.86 1.36 1.54 1.45 0.98 0.96 1.18 1.09 0.96 0.97 1.03 1.23 1.70 1.54 5.58 5.56 1.22 1.14 1.45 1.55 1.51 1.25
Quick ratio 0.85 0.63 0.74 0.69 1.12 0.83 0.91 0.82 0.53 0.40 0.52 0.45 0.43 0.46 0.50 0.62 0.84 0.68 4.77 4.77 0.53 0.54 0.72 0.79 0.75 0.69
Cash ratio 0.50 0.31 0.36 0.43 0.73 0.49 0.50 0.49 0.28 0.09 0.11 0.10 0.11 0.15 0.17 0.25 0.32 0.27 4.25 4.24 0.14 0.21 0.36 0.40 0.39 0.35

Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Becton, Dickinson & Co. current ratio deteriorated from Q4 2021 to Q1 2022 but then improved from Q1 2022 to Q2 2022 exceeding Q4 2021 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Becton, Dickinson & Co. quick ratio deteriorated from Q4 2021 to Q1 2022 but then improved from Q1 2022 to Q2 2022 exceeding Q4 2021 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Becton, Dickinson & Co. cash ratio deteriorated from Q4 2021 to Q1 2022 but then improved from Q1 2022 to Q2 2022 exceeding Q4 2021 level.

Current Ratio

Becton, Dickinson & Co., current ratio calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Current assets 10,152 8,307 8,838 9,538 10,000 9,537 8,969 8,827 8,555 6,438 6,664 6,781 6,844 6,941 7,411 7,525 7,512 7,542 18,633 18,212 4,891 5,187 6,367 6,534 6,612 5,641
Current liabilities 6,657 6,735 6,626 7,749 5,376 7,021 5,836 6,067 8,755 6,726 5,655 6,237 7,108 7,145 7,216 6,106 4,426 4,895 3,342 3,273 4,018 4,570 4,400 4,219 4,380 4,529
Liquidity Ratio
Current ratio1 1.53 1.23 1.33 1.23 1.86 1.36 1.54 1.45 0.98 0.96 1.18 1.09 0.96 0.97 1.03 1.23 1.70 1.54 5.58 5.56 1.22 1.14 1.45 1.55 1.51 1.25
Benchmarks
Current Ratio, Competitors2
Abbott Laboratories 2.01 1.85 1.85 1.83 1.79 1.75 1.72 1.70 1.57 1.43 1.44 1.54 1.68 1.58
Cigna Group 0.83 0.81 0.83 0.70 0.72 0.76 0.77 0.79 0.83 0.76 0.74 0.61 0.65 0.64
CVS Health Corp. 0.91 0.88 0.88 0.94 0.95 0.93 0.91 0.95 0.98 0.99 0.94 0.92 0.95 0.95
Elevance Health Inc. 1.36 1.36 1.47 1.48 1.49 1.57 1.55 1.59 1.64 1.53 1.65 1.70 1.64 1.61
Humana Inc. 1.53 1.53 1.62 1.72 1.71 1.67 1.77 1.81 1.69 1.66 1.82 1.83 1.75 1.65
Intuitive Surgical Inc. 5.36 5.22 5.08 5.58 5.99 6.71 6.86 7.04 6.38 4.96 4.53 4.64 5.04 5.44
Medtronic PLC 2.91 2.89 2.65 2.10 2.16 1.87 2.13 2.75 2.77 2.67 2.59 2.36 2.56 2.46
UnitedHealth Group Inc. 0.77 0.78 0.79 0.77 0.77 0.74 0.74 0.82 0.84 0.75 0.69 0.70 0.67 0.73

Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31).

1 Q2 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 10,152 ÷ 6,657 = 1.53

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Becton, Dickinson & Co. current ratio deteriorated from Q4 2021 to Q1 2022 but then improved from Q1 2022 to Q2 2022 exceeding Q4 2021 level.

Quick Ratio

Becton, Dickinson & Co., quick ratio calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Cash and equivalents 3,147 1,903 2,283 3,153 3,734 3,248 2,825 2,882 2,351 560 536 523 686 943 1,140 1,384 1,251 1,124 14,179 13,852 548 919 1,541 1,686 1,696 1,583
Restricted cash 173 144 109 128 164 199 92 82 88 49 54 71 81 98 96 125 167 113
Short-term investments 15 8 12 24 24 17 20 22 6 8 30 12 10 5 17 15 16 84 21 17 8 18 27 15 15 10
Trade receivables, net 2,303 2,177 2,497 2,078 2,118 2,370 2,398 1,993 2,160 2,074 2,345 2,220 2,279 2,216 2,319 2,243 2,293 2,000 1,744 1,749 1,569 1,518 1,618 1,618 1,574 1,513
Total quick assets 5,638 4,232 4,901 5,383 6,040 5,834 5,335 4,979 4,605 2,691 2,965 2,826 3,056 3,262 3,572 3,767 3,727 3,321 15,944 15,618 2,125 2,455 3,186 3,319 3,285 3,106
 
Current liabilities 6,657 6,735 6,626 7,749 5,376 7,021 5,836 6,067 8,755 6,726 5,655 6,237 7,108 7,145 7,216 6,106 4,426 4,895 3,342 3,273 4,018 4,570 4,400 4,219 4,380 4,529
Liquidity Ratio
Quick ratio1 0.85 0.63 0.74 0.69 1.12 0.83 0.91 0.82 0.53 0.40 0.52 0.45 0.43 0.46 0.50 0.62 0.84 0.68 4.77 4.77 0.53 0.54 0.72 0.79 0.75 0.69
Benchmarks
Quick Ratio, Competitors2
Abbott Laboratories 1.33 1.21 1.28 1.25 1.19 1.16 1.14 1.01 0.93 0.83 0.88 0.93 0.98 0.94
Cigna Group 0.52 0.48 0.48 0.58 0.59 0.64 0.66 0.46 0.50 0.42 0.41 0.51 0.53 0.53
CVS Health Corp. 0.62 0.54 0.55 0.59 0.58 0.54 0.53 0.58 0.63 0.60 0.52 0.52 0.54 0.55
Elevance Health Inc. 1.22 1.23 1.33 1.33 1.35 1.43 1.42 1.45 1.49 1.37 1.52 1.58 1.51 1.49
Humana Inc. 1.21 1.21 1.20 1.32 1.28 1.26 1.37 1.47 1.35 1.29 1.47 1.51 1.36 1.32
Intuitive Surgical Inc. 4.49 4.40 4.34 4.66 5.12 5.76 5.96 5.93 5.40 4.00 3.75 3.80 4.15 4.53
Medtronic PLC 2.07 2.06 1.91 1.58 1.63 1.37 1.50 2.05 2.02 1.95 1.90 1.69 1.88 1.83
UnitedHealth Group Inc. 0.71 0.72 0.72 0.71 0.71 0.68 0.68 0.75 0.76 0.66 0.63 0.64 0.62 0.66

Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31).

1 Q2 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,638 ÷ 6,657 = 0.85

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Becton, Dickinson & Co. quick ratio deteriorated from Q4 2021 to Q1 2022 but then improved from Q1 2022 to Q2 2022 exceeding Q4 2021 level.

Cash Ratio

Becton, Dickinson & Co., cash ratio calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Cash and equivalents 3,147 1,903 2,283 3,153 3,734 3,248 2,825 2,882 2,351 560 536 523 686 943 1,140 1,384 1,251 1,124 14,179 13,852 548 919 1,541 1,686 1,696 1,583
Restricted cash 173 144 109 128 164 199 92 82 88 49 54 71 81 98 96 125 167 113
Short-term investments 15 8 12 24 24 17 20 22 6 8 30 12 10 5 17 15 16 84 21 17 8 18 27 15 15 10
Total cash assets 3,335 2,055 2,404 3,305 3,922 3,464 2,937 2,986 2,445 617 620 606 777 1,046 1,253 1,524 1,434 1,321 14,200 13,869 556 937 1,568 1,701 1,711 1,593
 
Current liabilities 6,657 6,735 6,626 7,749 5,376 7,021 5,836 6,067 8,755 6,726 5,655 6,237 7,108 7,145 7,216 6,106 4,426 4,895 3,342 3,273 4,018 4,570 4,400 4,219 4,380 4,529
Liquidity Ratio
Cash ratio1 0.50 0.31 0.36 0.43 0.73 0.49 0.50 0.49 0.28 0.09 0.11 0.10 0.11 0.15 0.17 0.25 0.32 0.27 4.25 4.24 0.14 0.21 0.36 0.40 0.39 0.35
Benchmarks
Cash Ratio, Competitors2
Abbott Laboratories 0.75 0.65 0.78 0.75 0.71 0.67 0.60 0.46 0.46 0.34 0.38 0.41 0.37 0.36
Cigna Group 0.11 0.12 0.14 0.13 0.15 0.24 0.32 0.15 0.20 0.13 0.14 0.17 0.17 0.20
CVS Health Corp. 0.22 0.16 0.18 0.20 0.17 0.15 0.18 0.19 0.27 0.21 0.15 0.14 0.17 0.16
Elevance Health Inc. 0.86 0.86 0.95 0.97 0.97 1.08 1.04 1.04 1.10 0.95 1.08 1.14 1.07 1.04
Humana Inc. 1.02 1.02 1.08 1.20 1.12 1.12 1.29 1.39 1.22 1.16 1.37 1.44 1.28 1.15
Intuitive Surgical Inc. 3.78 3.58 3.66 3.98 4.42 5.04 5.30 5.27 4.85 3.44 3.13 3.11 3.37 3.79
Medtronic PLC 1.37 1.36 1.27 1.17 1.18 0.99 1.06 1.33 1.27 1.25 1.16 1.03 1.20 1.21
UnitedHealth Group Inc. 0.36 0.37 0.36 0.35 0.35 0.33 0.33 0.37 0.42 0.35 0.28 0.30 0.32 0.32

Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31).

1 Q2 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,335 ÷ 6,657 = 0.50

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Becton, Dickinson & Co. cash ratio deteriorated from Q4 2021 to Q1 2022 but then improved from Q1 2022 to Q2 2022 exceeding Q4 2021 level.