Baidu Balance Sheet Health
Financial Health criteria checks 6/6
Baidu has a total shareholder equity of CN¥262.6B and total debt of CN¥76.4B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CN¥406.8B and CN¥144.2B respectively. Baidu's EBIT is CN¥21.9B making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥194.3B.
Key information
29.1%
Debt to equity ratio
CN¥76.45b
Debt
Interest coverage ratio | -4.6x |
Cash | CN¥194.29b |
Equity | CN¥262.61b |
Total liabilities | CN¥144.15b |
Total assets | CN¥406.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIDU's short term assets (CN¥230.3B) exceed its short term liabilities (CN¥76.5B).
Long Term Liabilities: BIDU's short term assets (CN¥230.3B) exceed its long term liabilities (CN¥67.7B).
Debt to Equity History and Analysis
Debt Level: BIDU has more cash than its total debt.
Reducing Debt: BIDU's debt to equity ratio has reduced from 36.9% to 29.1% over the past 5 years.
Debt Coverage: BIDU's debt is well covered by operating cash flow (47.9%).
Interest Coverage: BIDU earns more interest than it pays, so coverage of interest payments is not a concern.