VNET Group Balance Sheet Health
Financial Health criteria checks 2/6
VNET Group has a total shareholder equity of CN¥6.5B and total debt of CN¥11.8B, which brings its debt-to-equity ratio to 181.8%. Its total assets and total liabilities are CN¥30.4B and CN¥23.9B respectively.
Key information
181.8%
Debt to equity ratio
CN¥11.85b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.60b |
Equity | CN¥6.51b |
Total liabilities | CN¥23.87b |
Total assets | CN¥30.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 217A's short term assets (CN¥9.8B) do not cover its short term liabilities (CN¥11.4B).
Long Term Liabilities: 217A's short term assets (CN¥9.8B) do not cover its long term liabilities (CN¥12.4B).
Debt to Equity History and Analysis
Debt Level: 217A's net debt to equity ratio (141.9%) is considered high.
Reducing Debt: 217A's debt to equity ratio has increased from 42.4% to 181.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 217A has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 217A has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 29.9% each year.