Baidu Balance Sheet Health
Financial Health criteria checks 6/6
Baidu has a total shareholder equity of CN¥267.8B and total debt of CN¥81.4B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥414.7B and CN¥146.9B respectively. Baidu's EBIT is CN¥22.4B making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥180.2B.
Key information
30.4%
Debt to equity ratio
CN¥81.40b
Debt
Interest coverage ratio | -4.5x |
Cash | CN¥180.20b |
Equity | CN¥267.76b |
Total liabilities | CN¥146.93b |
Total assets | CN¥414.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIDUD's short term assets (CN¥217.5B) exceed its short term liabilities (CN¥77.9B).
Long Term Liabilities: BIDUD's short term assets (CN¥217.5B) exceed its long term liabilities (CN¥69.0B).
Debt to Equity History and Analysis
Debt Level: BIDUD has more cash than its total debt.
Reducing Debt: BIDUD's debt to equity ratio has reduced from 40% to 30.4% over the past 5 years.
Debt Coverage: BIDUD's debt is well covered by operating cash flow (45.5%).
Interest Coverage: BIDUD earns more interest than it pays, so coverage of interest payments is not a concern.