NetEase Balance Sheet Health
Financial Health criteria checks 6/6
NetEase has a total shareholder equity of CN¥118.3B and total debt of CN¥15.8B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are CN¥167.9B and CN¥49.6B respectively. NetEase's EBIT is CN¥22.5B making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥109.8B.
Key information
13.4%
Debt to equity ratio
CN¥15.84b
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥109.81b |
| Equity | CN¥118.27b |
| Total liabilities | CN¥49.64b |
| Total assets | CN¥167.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001100118's short term assets (CN¥124.2B) exceed its short term liabilities (CN¥42.3B).
Long Term Liabilities: 001100118's short term assets (CN¥124.2B) exceed its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 001100118 has more cash than its total debt.
Reducing Debt: 001100118's debt to equity ratio has reduced from 28.2% to 13.4% over the past 5 years.
Debt Coverage: 001100118's debt is well covered by operating cash flow (190.6%).
Interest Coverage: 001100118 earns more interest than it pays, so coverage of interest payments is not a concern.