iQIYI Balance Sheet Health
Financial Health criteria checks 3/6
iQIYI has a total shareholder equity of CN¥12.2B and total debt of CN¥14.7B, which brings its debt-to-equity ratio to 120.4%. Its total assets and total liabilities are CN¥44.6B and CN¥32.4B respectively. iQIYI's EBIT is CN¥3.2B making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥5.4B.
Key information
120.4%
Debt to equity ratio
CN¥14.67b
Debt
Interest coverage ratio | 3.7x |
Cash | CN¥5.38b |
Equity | CN¥12.18b |
Total liabilities | CN¥32.41b |
Total assets | CN¥44.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IQ8's short term assets (CN¥12.6B) do not cover its short term liabilities (CN¥22.3B).
Long Term Liabilities: IQ8's short term assets (CN¥12.6B) exceed its long term liabilities (CN¥10.1B).
Debt to Equity History and Analysis
Debt Level: IQ8's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: IQ8's debt to equity ratio has increased from 50.6% to 120.4% over the past 5 years.
Debt Coverage: IQ8's debt is well covered by operating cash flow (22.9%).
Interest Coverage: IQ8's interest payments on its debt are well covered by EBIT (3.7x coverage).