Baidu Balance Sheet Health
Financial Health criteria checks 6/6
Baidu has a total shareholder equity of CN¥279.2B and total debt of CN¥69.3B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CN¥417.3B and CN¥138.1B respectively. Baidu's EBIT is CN¥22.7B making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥132.8B.
Key information
24.8%
Debt to equity ratio
CN¥69.32b
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥132.81b |
| Equity | CN¥279.19b |
| Total liabilities | CN¥138.13b |
| Total assets | CN¥417.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIDU34's short term assets (CN¥172.1B) exceed its short term liabilities (CN¥78.4B).
Long Term Liabilities: BIDU34's short term assets (CN¥172.1B) exceed its long term liabilities (CN¥59.7B).
Debt to Equity History and Analysis
Debt Level: BIDU34 has more cash than its total debt.
Reducing Debt: BIDU34's debt to equity ratio has reduced from 40.5% to 24.8% over the past 5 years.
Debt Coverage: BIDU34's debt is well covered by operating cash flow (42.5%).
Interest Coverage: BIDU34 earns more interest than it pays, so coverage of interest payments is not a concern.