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Baxter International BAX EMEA — Currency translation

Discontinued — last reported Q3 '23

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Other financials

Income statement

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Revenue$2.7B+2.9%
Gross profit$891.0M+3.5%
Operating income$66.0M+13.8%
Net income-$15.0M-112%
EPS (diluted)-$0.03-112%

Balance sheet

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Cash & equivalents$2.0B-12.1%
Total debt$224.0M-8.9%
Total equity$6.0B-14.7%
Total assets$19.8B-6.8%

Cash flow

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Operating cash flow$213.0M+210%
CapEx$128.3M+15.0%
Free cash flow$83.0M-42.1%

Valuation

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Market cap$10.27B-50.6%
Enterprise value$8.48B-55.6%
P/S0.9×-1.0×

Profitability

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Gross margin30.1%-5.9pp
Operating margin-2.7%
Net margin-9.7%+62.5pp
FCF margin3%-2.4pp

Returns & leverage

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Return on equity-16.7%-76.7pp
Debt / equity0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The official record: Baxter International’s 10-Q, filed November 2, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's EMEA — currency translation?
Baxter International (BAX) reported EMEA — currency translation of -$1M in Q3 2023.
How has Baxter International's EMEA — currency translation changed year-over-year?
Baxter International's EMEA — currency translation increased by 91.7% year-over-year, from -$12M to -$1M.
What does EMEA — currency translation mean?
This metric quantifies the impact of fluctuations in foreign exchange rates on the financial results of the EMEA segment when converting local currency financial statements into the reporting currency. It captures the volatility inherent in operating across multiple European, Middle Eastern, and African markets. This figure is essential for isolating operational performance from macroeconomic currency movements.