JOYY Balance Sheet Health
Financial Health criteria checks 6/6
JOYY has a total shareholder equity of $5.3B and total debt of $78.2M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $8.1B and $2.8B respectively. JOYY's EBIT is $27.2M making its interest coverage ratio -0.1. It has cash and short-term investments of $2.8B.
Key information
1.5%
Debt to equity ratio
US$78.20m
Debt
| Interest coverage ratio | -0.1x |
| Cash | US$2.82b |
| Equity | US$5.31b |
| Total liabilities | US$2.79b |
| Total assets | US$8.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOYY's short term assets ($3.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: JOYY's short term assets ($3.6B) exceed its long term liabilities ($100.5M).
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 reduced from 13.4% to 1.5% over the past 5 years.
Debt Coverage: JOYY's debt is well covered by operating cash flow (378%).
Interest Coverage: JOYY earns more interest than it pays, so coverage of interest payments is not a concern.