PDD Holdings Balance Sheet Health
Financial Health criteria checks 5/6
PDD Holdings has a total shareholder equity of CN¥187.2B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥348.1B and CN¥160.8B respectively. PDD Holdings's EBIT is CN¥58.7B making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥217.2B.
Key information
3.1%
Debt to equity ratio
CN¥5.88b
Debt
Interest coverage ratio | -5.8x |
Cash | CN¥217.21b |
Equity | CN¥187.24b |
Total liabilities | CN¥160.84b |
Total assets | CN¥348.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9PDA's short term assets (CN¥294.8B) exceed its short term liabilities (CN¥152.9B).
Long Term Liabilities: 9PDA's short term assets (CN¥294.8B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 9PDA has more cash than its total debt.
Reducing Debt: 9PDA's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.
Debt Coverage: 9PDA's debt is well covered by operating cash flow (1601.4%).
Interest Coverage: 9PDA earns more interest than it pays, so coverage of interest payments is not a concern.