JOYY Balance Sheet Health
Financial Health criteria checks 5/6
JOYY has a total shareholder equity of $5.3B and total debt of $457.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are $8.5B and $3.2B respectively. JOYY's EBIT is $35.0M making its interest coverage ratio -0.2. It has cash and short-term investments of $3.3B.
Key information
8.7%
Debt to equity ratio
US$457.72m
Debt
Interest coverage ratio | -0.2x |
Cash | US$3.31b |
Equity | US$5.29b |
Total liabilities | US$3.19b |
Total assets | US$8.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOYY's short term assets ($4.1B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: JOYY's short term assets ($4.1B) exceed its long term liabilities ($107.4M).
Debt to Equity History and Analysis
Debt Level: JOYY has more cash than its total debt.
Reducing Debt: JOYY's debt to equity ratio has increased from 0.03% to 8.7% over the past 5 years.
Debt Coverage: JOYY's debt is well covered by operating cash flow (64.6%).
Interest Coverage: JOYY earns more interest than it pays, so coverage of interest payments is not a concern.