BYD Balance Sheet Health
Financial Health criteria checks 5/6
BYD has a total shareholder equity of CN¥168.8B and total debt of CN¥40.1B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are CN¥764.3B and CN¥595.5B respectively. BYD's EBIT is CN¥40.1B making its interest coverage ratio -13.1. It has cash and short-term investments of CN¥91.7B.
Key information
23.8%
Debt to equity ratio
CN¥40.13b
Debt
| Interest coverage ratio | -13.1x |
| Cash | CN¥91.73b |
| Equity | CN¥168.80b |
| Total liabilities | CN¥595.46b |
| Total assets | CN¥764.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002594's short term assets (CN¥362.1B) do not cover its short term liabilities (CN¥512.1B).
Long Term Liabilities: 002594's short term assets (CN¥362.1B) exceed its long term liabilities (CN¥83.4B).
Debt to Equity History and Analysis
Debt Level: 002594 has more cash than its total debt.
Reducing Debt: 002594's debt to equity ratio has reduced from 127.8% to 23.8% over the past 5 years.
Debt Coverage: 002594's debt is well covered by operating cash flow (319.3%).
Interest Coverage: 002594 earns more interest than it pays, so coverage of interest payments is not a concern.