BYD Balance Sheet Health
Financial Health criteria checks 5/6
BYD has a total shareholder equity of CN¥150.5B and total debt of CN¥36.5B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥679.5B and CN¥529.1B respectively. BYD's EBIT is CN¥32.4B making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥118.7B.
Key information
24.3%
Debt to equity ratio
CN¥36.54b
Debt
Interest coverage ratio | -12.5x |
Cash | CN¥118.66b |
Equity | CN¥150.46b |
Total liabilities | CN¥529.09b |
Total assets | CN¥679.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYDD.Y's short term assets (CN¥302.1B) do not cover its short term liabilities (CN¥453.7B).
Long Term Liabilities: BYDD.Y's short term assets (CN¥302.1B) exceed its long term liabilities (CN¥75.4B).
Debt to Equity History and Analysis
Debt Level: BYDD.Y has more cash than its total debt.
Reducing Debt: BYDD.Y's debt to equity ratio has reduced from 92.8% to 24.3% over the past 5 years.
Debt Coverage: BYDD.Y's debt is well covered by operating cash flow (464.4%).
Interest Coverage: BYDD.Y earns more interest than it pays, so coverage of interest payments is not a concern.