Baxter International Inc (BAX) — Cash Flow-to-Debt Ratio
Baxter International Inc (BAX) has a Cash Flow-to-Debt Ratio of 0.04x as of December 2025, meaning its operating cash flow of $584.00 Million could theoretically repay 0% of its total liabilities ($13.95 Billion) in one year. See Baxter International Inc (BAX) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Baxter International Inc Cash Flow-to-Debt Ratio (1985–2025)
Historical debt coverage capacity for Baxter International Inc across 38 annual periods. Also explore net asset growth rate of Baxter International Inc to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Baxter International Inc (1985–2025)
Year-by-year debt coverage analysis for Baxter International Inc. For market capitalisation and broader financial context, see Baxter International Inc stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.06x | $845.00 Million | $13.95 Billion | ▲ +11.5% |
| 2024 | 0.05x | $1.02 Billion | $18.76 Billion | ▼ -37.7% |
| 2023 | 0.09x | $1.73 Billion | $19.81 Billion | ▲ +61.1% |
| 2022 | 0.05x | $1.21 Billion | $22.39 Billion | ▼ -40.6% |
| 2021 | 0.09x | $2.22 Billion | $24.40 Billion | ▼ -44.9% |
| 2020 | 0.17x | $1.87 Billion | $11.29 Billion | ▼ -19.2% |
| 2019 | 0.20x | $2.10 Billion | $10.28 Billion | ▼ -20.3% |
| 2018 | 0.26x | $2.02 Billion | $7.85 Billion | ▲ +19.8% |
| 2017 | 0.21x | $1.71 Billion | $8.00 Billion | ▼ -5.8% |
| 2016 | 0.23x | $1.65 Billion | $7.27 Billion | ▲ +55.5% |
| 2015 | 0.15x | $1.77 Billion | $12.10 Billion | ▼ -18.1% |
| 2014 | 0.18x | $3.21 Billion | $17.98 Billion | ▼ -6.4% |
| 2013 | 0.19x | $3.20 Billion | $16.74 Billion | ▼ -17.5% |
| 2012 | 0.23x | $3.11 Billion | $13.41 Billion | ▲ +0.7% |
| 2011 | 0.23x | $2.82 Billion | $12.24 Billion | ▼ -18.1% |
| 2010 | 0.28x | $3.00 Billion | $10.69 Billion | ▼ -4.1% |
| 2009 | 0.29x | $2.91 Billion | $9.93 Billion | ▲ +6.8% |
| 2008 | 0.27x | $2.52 Billion | $9.18 Billion | ▼ -0.4% |
| 2007 | 0.28x | $2.31 Billion | $8.38 Billion | ▲ +6.0% |
| 2006 | 0.26x | $2.18 Billion | $8.41 Billion | ▲ +41.1% |
| 2005 | 0.18x | $1.55 Billion | $8.43 Billion | ▲ +39.2% |
| 2004 | 0.13x | $1.38 Billion | $10.44 Billion | ▼ -3.2% |
| 2003 | 0.14x | $1.43 Billion | $10.43 Billion | ▲ +9.2% |
| 2002 | 0.13x | $1.19 Billion | $9.54 Billion | ▼ -24.2% |
| 2001 | 0.16x | $1.09 Billion | $6.59 Billion | ▼ -14.8% |
| 2000 | 0.19x | $1.18 Billion | $6.07 Billion | ▲ +12.6% |
| 1999 | 0.17x | $1.08 Billion | $6.30 Billion | ▲ +28.9% |
| 1998 | 0.13x | $939.00 Million | $7.03 Billion | ▲ +45.6% |
| 1997 | 0.09x | $558.00 Million | $6.09 Billion | ▼ -41.1% |
| 1996 | 0.16x | $793.00 Million | $5.09 Billion | ▼ -33.2% |
| 1995 | 0.23x | $1.34 Billion | $5.73 Billion | ▲ +11.2% |
| 1994 | 0.21x | $1.32 Billion | $6.28 Billion | ▲ +101.5% |
| 1993 | 0.10x | $765.00 Million | $7.36 Billion | ▼ -27.0% |
| 1992 | 0.14x | $763.00 Million | $5.36 Billion | ▼ -8.1% |
| 1991 | 0.15x | $769.00 Million | $4.97 Billion | ▼ -13.9% |
| 1990 | 0.18x | $796.00 Million | $4.42 Billion | ▲ +23.9% |
| 1989 | 0.15x | $618.00 Million | $4.26 Billion | ▲ +49.2% |
| 1985 | 0.10x | $463.00 Million | $4.76 Billion | — |