Baidu Balance Sheet Analysis

BIDU Stock

USD 97.24 2.19 2.30%

Most accounts from Baidu's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Baidu Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Baidu Valuation and Baidu Correlation analysis.

At this time, Baidu's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 185.3 B in 2024, whereas Good Will is likely to drop slightly above 12.4 B in 2024.

Net Receivables Accounts Payable

	2021	2022	2023	2024 (projected)
Non Current Assets Total	166.7B	178.1B	176.5B	185.3B
Cash	36.9B	53.2B	36.7B	38.6B

Non Current Assets Total Cash

Baidu balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Other Assets	Intangible Assets	Other Liab
Total Assets		0.55	0.96	0.99	0.97	0.98	0.96	0.99	0.91	1.0	1.0	0.74	0.84	0.97	0.59	0.77	0.93	0.99	0.84	1.0	0.8	0.97	0.94	0.92	0.93	0.86
Other Current Liab	0.55		0.66	0.54	0.5	0.58	0.52	0.54	0.34	0.52	0.58	0.8	0.43	0.41	0.55	0.0	0.48	0.55	0.58	0.58	0.52	0.51	0.39	0.48	0.5	0.36
Total Current Liabilities	0.96	0.66		0.92	0.87	0.92	0.93	0.95	0.81	0.94	0.95	0.88	0.73	0.9	0.51	0.71	0.82	0.98	0.73	0.96	0.7	0.89	0.88	0.84	0.83	0.81
Total Stockholder Equity	0.99	0.54	0.92		0.98	0.99	0.94	0.99	0.92	0.99	0.99	0.7	0.87	0.95	0.6	0.75	0.96	0.96	0.88	0.99	0.84	0.99	0.95	0.95	0.95	0.85
Property Plant And Equipment Net	0.97	0.5	0.87	0.98		0.98	0.9	0.95	0.93	0.96	0.97	0.64	0.93	0.92	0.59	0.73	0.98	0.92	0.91	0.97	0.9	0.99	0.93	0.96	0.97	0.78
Current Deferred Revenue	0.98	0.58	0.92	0.99	0.98		0.95	0.98	0.9	0.98	0.99	0.7	0.87	0.95	0.64	0.7	0.94	0.96	0.89	0.99	0.84	0.98	0.9	0.92	0.93	0.82
Net Debt	0.96	0.52	0.93	0.94	0.9	0.95		0.97	0.81	0.96	0.96	0.69	0.77	0.96	0.58	0.76	0.83	0.97	0.75	0.95	0.71	0.92	0.86	0.83	0.84	0.87
Retained Earnings	0.99	0.54	0.95	0.99	0.95	0.98	0.97		0.89	0.99	0.99	0.73	0.81	0.97	0.59	0.76	0.9	0.99	0.82	0.99	0.76	0.95	0.92	0.89	0.9	0.87
Cash	0.91	0.34	0.81	0.92	0.93	0.9	0.81	0.89		0.91	0.9	0.54	0.9	0.91	0.61	0.8	0.92	0.88	0.75	0.9	0.82	0.91	0.89	0.88	0.92	0.79
Non Current Assets Total	1.0	0.52	0.94	0.99	0.96	0.98	0.96	0.99	0.91		0.99	0.71	0.83	0.97	0.6	0.78	0.92	0.98	0.82	0.99	0.79	0.97	0.94	0.91	0.92	0.88
Cash And Short Term Investments	1.0	0.58	0.95	0.99	0.97	0.99	0.96	0.99	0.9	0.99		0.73	0.85	0.95	0.61	0.73	0.93	0.97	0.87	1.0	0.81	0.97	0.93	0.93	0.93	0.86
Net Receivables	0.74	0.8	0.88	0.7	0.64	0.7	0.69	0.73	0.54	0.71	0.73		0.49	0.62	0.26	0.44	0.6	0.77	0.58	0.77	0.53	0.66	0.67	0.65	0.62	0.5
Common Stock Shares Outstanding	0.84	0.43	0.73	0.87	0.93	0.87	0.77	0.81	0.9	0.83	0.85	0.49		0.83	0.61	0.67	0.91	0.79	0.81	0.84	0.87	0.92	0.8	0.85	0.89	0.7
Non Current Liabilities Total	0.97	0.41	0.9	0.95	0.92	0.95	0.96	0.97	0.91	0.97	0.95	0.62	0.83		0.62	0.86	0.86	0.97	0.72	0.95	0.71	0.92	0.89	0.83	0.86	0.9
Inventory	0.59	0.55	0.51	0.6	0.59	0.64	0.58	0.59	0.61	0.6	0.61	0.26	0.61	0.62		0.26	0.58	0.57	0.51	0.59	0.62	0.58	0.41	0.48	0.61	0.63
Other Current Assets	0.77	0.0	0.71	0.75	0.73	0.7	0.76	0.76	0.8	0.78	0.73	0.44	0.67	0.86	0.26		0.67	0.8	0.43	0.75	0.49	0.73	0.79	0.66	0.68	0.74
Other Stockholder Equity	0.93	0.48	0.82	0.96	0.98	0.94	0.83	0.9	0.92	0.92	0.93	0.6	0.91	0.86	0.58	0.67		0.86	0.93	0.93	0.93	0.98	0.93	0.99	0.99	0.74
Total Liab	0.99	0.55	0.98	0.96	0.92	0.96	0.97	0.99	0.88	0.98	0.97	0.77	0.79	0.97	0.57	0.8	0.86		0.74	0.98	0.72	0.93	0.91	0.86	0.87	0.88
Property Plant And Equipment Gross	0.84	0.58	0.73	0.88	0.91	0.89	0.75	0.82	0.75	0.82	0.87	0.58	0.81	0.72	0.51	0.43	0.93	0.74		0.85	0.87	0.9	0.82	0.92	0.89	0.6
Total Current Assets	1.0	0.58	0.96	0.99	0.97	0.99	0.95	0.99	0.9	0.99	1.0	0.77	0.84	0.95	0.59	0.75	0.93	0.98	0.85		0.81	0.97	0.94	0.93	0.93	0.84
Common Stock	0.8	0.52	0.7	0.84	0.9	0.84	0.71	0.76	0.82	0.79	0.81	0.53	0.87	0.71	0.62	0.49	0.93	0.72	0.87	0.81		0.88	0.78	0.91	0.95	0.54
Property Plant Equipment	0.97	0.51	0.89	0.99	0.99	0.98	0.92	0.95	0.91	0.97	0.97	0.66	0.92	0.92	0.58	0.73	0.98	0.93	0.9	0.97	0.88		0.93	0.96	0.96	0.81
Non Currrent Assets Other	0.94	0.39	0.88	0.95	0.93	0.9	0.86	0.92	0.89	0.94	0.93	0.67	0.8	0.89	0.41	0.79	0.93	0.91	0.82	0.94	0.78	0.93		0.96	0.92	0.83
Other Assets	0.92	0.48	0.84	0.95	0.96	0.92	0.83	0.89	0.88	0.91	0.93	0.65	0.85	0.83	0.48	0.66	0.99	0.86	0.92	0.93	0.91	0.96	0.96		0.97	0.73
Intangible Assets	0.93	0.5	0.83	0.95	0.97	0.93	0.84	0.9	0.92	0.92	0.93	0.62	0.89	0.86	0.61	0.68	0.99	0.87	0.89	0.93	0.95	0.96	0.92	0.97		0.71
Other Liab	0.86	0.36	0.81	0.85	0.78	0.82	0.87	0.87	0.79	0.88	0.86	0.5	0.7	0.9	0.63	0.74	0.74	0.88	0.6	0.84	0.54	0.81	0.83	0.73	0.71

Click cells to compare fundamentals

Baidu Account Relationship Matchups

Baidu balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	301.3B	332.7B	380.0B	391.0B	406.8B	427.1B
Other Current Liab	2.2B	33.6B	1.8B	5.1B	28.9B	30.4B
Net Debt	40.1B	46.8B	54.7B	38.2B	47.9B	50.3B
Retained Earnings	126.3B	135.3B	145.2B	148.3B	161.2B	169.3B
Cash	33.4B	35.8B	36.9B	53.2B	36.7B	38.6B
Net Receivables	9.0B	11.6B	11.3B	17.2B	16.6B	17.5B
Inventory	996M	5.3B	1.5B	1.2B	2.3B	2.4B
Other Current Assets	9.2B	4.3B	11.1B	10.4B	6.0B	3.4B
Total Liab	128.5B	140.9B	156.1B	153.2B	144.2B	151.4B
Total Current Assets	165.6B	183.3B	213.3B	212.9B	230.3B	241.8B
Other Assets	14.5B	15.1B	32.7B	34.3B	39.4B	41.4B
Intangible Assets	7.9B	15.0B	19.9B	21.1B	21.2B	22.3B
Other Liab	8.4B	7.5B	7.6B	5.5B	6.4B	6.7B
Good Will	18.3B	22.2B	22.6B	22.5B	22.6B	12.4B
Long Term Debt	58.2B	60.3B	68.4B	63.2B	57.4B	37.3B
Accounts Payable	32.7B	3.6B	41.4B	38.0B	8.8B	8.3B
Short Term Debt	10.9B	17.6B	17.5B	23.4B	22.2B	23.3B
Net Tangible Assets	137.5B	152.0B	179.9B	192.9B	221.8B	111.4B
Short Long Term Debt	8.6B	15.2B	14.7B	20.6B	19.1B	13.2B

Pair Trading with Baidu

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baidu position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baidu will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Baidu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baidu when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baidu - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baidu Inc to buy it.

The correlation of Baidu is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baidu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baidu Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Baidu can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Baidu Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Baidu Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Baidu Inc Stock. Highlighted below are key reports to facilitate an investment decision about Baidu Inc Stock:

How To Invest In Baidu

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Is Baidu Stock a good investment?

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What is Baidu's Net Worth?

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Check out Baidu Valuation and Baidu Correlation analysis.

Note that the Baidu Inc information on this page should be used as a complementary analysis to other Baidu's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Baidu Stock analysis

When running Baidu's price analysis, check to measure Baidu's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baidu is operating at the current time. Most of Baidu's value examination focuses on studying past and present price action to predict the probability of Baidu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baidu's price. Additionally, you may evaluate how the addition of Baidu to your portfolios can decrease your overall portfolio volatility.

	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
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	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
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	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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Is Baidu's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baidu. If investors know Baidu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baidu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.57)

Earnings Share

7.61

Revenue Per Share

383.607

Quarterly Revenue Growth

0.057

Return On Assets

0.0343

The market value of Baidu Inc is measured differently than its book value, which is the value of Baidu that is recorded on the company's balance sheet. Investors also form their own opinion of Baidu's value that differs from its market value or its book value, called intrinsic value, which is Baidu's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baidu's market value can be influenced by many factors that don't directly affect Baidu's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Baidu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baidu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baidu's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Baidu Balance Sheet Analysis

Baidu balance sheet Correlations

Baidu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Baidu balance sheet Accounts

Pair Trading with Baidu

Complementary Tools for Baidu Stock analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets