JOYY Balance Sheet Health
Financial Health criteria checks 5/6
JOYY has a total shareholder equity of $5.3B and total debt of $483.7M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are $8.6B and $3.2B respectively. JOYY's EBIT is $36.0M making its interest coverage ratio -0.2. It has cash and short-term investments of $3.1B.
Key information
9.1%
Debt to equity ratio
US$483.67m
Debt
Interest coverage ratio | -0.2x |
Cash | US$3.15b |
Equity | US$5.33b |
Total liabilities | US$3.22b |
Total assets | US$8.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0YYA's short term assets ($4.0B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: 0YYA's short term assets ($4.0B) exceed its long term liabilities ($103.2M).
Debt to Equity History and Analysis
Debt Level: 0YYA has more cash than its total debt.
Reducing Debt: 0YYA's debt to equity ratio has increased from 4% to 9.1% over the past 5 years.
Debt Coverage: 0YYA's debt is well covered by operating cash flow (61.1%).
Interest Coverage: 0YYA earns more interest than it pays, so coverage of interest payments is not a concern.