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Baidu (BIDU) Cash-to-Debt : 1.82 (As of Jun. 2024)


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What is Baidu Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Baidu's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.82.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Baidu could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Baidu's Cash-to-Debt or its related term are showing as below:

BIDU' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.48   Med: 1.98   Max: 2.73
Current: 1.82

During the past 13 years, Baidu's highest Cash to Debt Ratio was 2.73. The lowest was 1.48. And the median was 1.98.

BIDU's Cash-to-Debt is ranked worse than
63.95% of 577 companies
in the Interactive Media industry
Industry Median: 4.69 vs BIDU: 1.82

Baidu Cash-to-Debt Historical Data

The historical data trend for Baidu's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Baidu Cash-to-Debt Chart

Baidu Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.96 1.97 1.91 2.29

Baidu Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 2.19 2.29 2.02 1.82

Competitive Comparison of Baidu's Cash-to-Debt

For the Internet Content & Information subindustry, Baidu's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baidu's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baidu's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Baidu's Cash-to-Debt falls into.



Baidu Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Baidu's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Baidu's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Baidu  (NAS:BIDU) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Baidu Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Baidu's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Baidu Business Description

Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.