How much debt does Baidu have?
According to Baidu's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Baidu's total debt stands at $79.32B. This is broken down into:
- Long-term debt: $56.92B
- Short-term debt: $22.41B
The company's net debt, which accounts for cash and cash equivalents, is $54.49B. In terms of overall financial obligations, Baidu's total liabilities amount to $144.17B.
Debt Ratios and Metrics
To better understand Baidu's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.30 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 18.54% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 16.46% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 23.13% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Baidu's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$79.32B
Long-term Debt
$56.92B
Short-term Debt
$22.41B
Net Debt
$54.49B
Total Liabilities
$144.17B
Interest Coverage
0.00
Debt to Equity Ratio
0.30
Debt Ratio
18.54%
Baidu Historical Debt Metrics
Baidu Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $79.32B | $56.92B | $22.41B | $54.49B | $144.17B | 0.30 | 18.54% | 0.00 | 16.46% | 23.13% |
| 2023 | $84.59B | $62.40B | $22.20B | $59.36B | $144.15B | 0.35 | 20.80% | 6.73 | 19.06% | 25.77% |
| 2022 | $91.35B | $67.99B | $23.36B | $38.20B | $153.17B | 0.41 | 23.37% | -1.91 | 22.04% | 29.02% |
| 2021 | $91.51B | $73.97B | $17.54B | $54.66B | $156.08B | 0.43 | 24.08% | -2.47 | 24.44% | 30.20% |
| 2020 | $82.59B | $65.03B | $17.56B | $46.81B | $140.87B | 0.45 | 24.82% | -2.70 | 24.83% | 31.13% |
| 2019 | $73.53B | $62.68B | $10.86B | $40.09B | $128.50B | 0.45 | 24.40% | -6.58 | 26.24% | 31.01% |
| 2018 | $64.90B | $54.90B | $10.00B | $37.27B | $121.81B | 0.40 | 21.81% | 8.25 | 25.21% | 28.49% |
| 2017 | $43.57B | $35.81B | $7.75B | $32.48B | $121.36B | 0.38 | 17.31% | 9.72 | 23.69% | 27.42% |
| 2016 | $44.27B | $34.47B | $9.79B | $33.37B | $84.25B | 0.48 | 24.32% | 8.68 | 27.20% | 32.42% |
| 2015 | $35.07B | $33.95B | $1.12B | $25.11B | $63.64B | 0.44 | 23.72% | 11.21 | 29.72% | 30.41% |
Related Metrics
Explore detailed financial metrics and analysis for BIDU.