Current Ratio
Higher than 45% of Healthcare sector peers
Updated 80h ago
Sector Performance
45th percentileBAX
1.85x
Sector Median
2.02x
Sector Avg
3.77x
Deep Analysis
The current ratio of 1.85x means Baxter has $1.85 in current assets for every $1 of current liabilities, measuring its ability to pay short-term debts.
This is below the healthcare sector median of 2.02x, placing the company in the 45th percentile among peers. The trend data is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and there is only one historical value (1.85x) for the last eight quarters. Without a trend direction, the combination of a below-median level and no historical movement implies a neutral risk profile—neither deteriorating nor improving liquidity. This metric supports the overall CAUTIOUS verdict, as Baxter’s current ratio trails the sector median without evidence of recent strengthening.
Frequently Asked Questions
What does the Current Ratio tell investors about BAX?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does BAX's Current Ratio compare to its sector?
BAX's Current Ratio of 1.85x compares to a Healthcare sector median of 2.02x, placing it in the 45th percentile.
Who are BAX's closest peers by Current Ratio?
The closest Healthcare peers by Current Ratio include: RARE (2.02x), A (2.10x), BSX (1.90x), EXAS (2.23x), TMO (1.53x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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1.85x
Sector Median
2.02x
Sector Avg
3.77x
How BAX's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.