NetEase Balance Sheet Health
Financial Health criteria checks 6/6
NetEase has a total shareholder equity of CN¥134.3B and total debt of CN¥13.6B, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are CN¥183.3B and CN¥49.0B respectively. NetEase's EBIT is CN¥29.0B making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥122.9B.
Key information
10.1%
Debt to equity ratio
CN¥13.62b
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥122.86b |
| Equity | CN¥134.35b |
| Total liabilities | CN¥49.00b |
| Total assets | CN¥183.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4Y01's short term assets (CN¥138.2B) exceed its short term liabilities (CN¥45.9B).
Long Term Liabilities: 4Y01's short term assets (CN¥138.2B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 4Y01 has more cash than its total debt.
Reducing Debt: 4Y01's debt to equity ratio has reduced from 23.6% to 10.1% over the past 5 years.
Debt Coverage: 4Y01's debt is well covered by operating cash flow (277.2%).
Interest Coverage: 4Y01 earns more interest than it pays, so coverage of interest payments is not a concern.