NetEase Balance Sheet Health
Financial Health criteria checks 6/6
NetEase has a total shareholder equity of CN¥135.7B and total debt of CN¥11.0B, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥184.9B and CN¥49.2B respectively. NetEase's EBIT is CN¥28.6B making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥124.0B.
Key information
8.1%
Debt to equity ratio
CN¥11.02b
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥123.99b |
| Equity | CN¥135.73b |
| Total liabilities | CN¥49.17b |
| Total assets | CN¥184.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9999's short term assets (CN¥140.6B) exceed its short term liabilities (CN¥45.7B).
Long Term Liabilities: 9999's short term assets (CN¥140.6B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 9999 has more cash than its total debt.
Reducing Debt: 9999's debt to equity ratio has reduced from 22.1% to 8.1% over the past 5 years.
Debt Coverage: 9999's debt is well covered by operating cash flow (349%).
Interest Coverage: 9999 earns more interest than it pays, so coverage of interest payments is not a concern.