BYD Balance Sheet Health
Financial Health criteria checks 5/6
BYD has a total shareholder equity of CN¥154.9B and total debt of CN¥35.9B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are CN¥677.8B and CN¥522.8B respectively. BYD's EBIT is CN¥31.6B making its interest coverage ratio -11.5. It has cash and short-term investments of CN¥96.2B.
Key information
23.2%
Debt to equity ratio
CN¥35.88b
Debt
Interest coverage ratio | -11.5x |
Cash | CN¥96.18b |
Equity | CN¥154.95b |
Total liabilities | CN¥522.84b |
Total assets | CN¥677.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BY6's short term assets (CN¥292.9B) do not cover its short term liabilities (CN¥444.1B).
Long Term Liabilities: BY6's short term assets (CN¥292.9B) exceed its long term liabilities (CN¥78.8B).
Debt to Equity History and Analysis
Debt Level: BY6 has more cash than its total debt.
Reducing Debt: BY6's debt to equity ratio has reduced from 116.1% to 23.2% over the past 5 years.
Debt Coverage: BY6's debt is well covered by operating cash flow (461.2%).
Interest Coverage: BY6 earns more interest than it pays, so coverage of interest payments is not a concern.