NetEase Balance Sheet Health
Financial Health criteria checks 6/6
NetEase has a total shareholder equity of CN¥128.1B and total debt of CN¥19.7B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥185.9B and CN¥57.8B respectively. NetEase's EBIT is CN¥27.7B making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥126.7B.
Key information
15.4%
Debt to equity ratio
CN¥19.67b
Debt
Interest coverage ratio | -5.1x |
Cash | CN¥126.72b |
Equity | CN¥128.08b |
Total liabilities | CN¥57.84b |
Total assets | CN¥185.92b |
Recent financial health updates
These 4 Measures Indicate That NetEase (NASDAQ:NTES) Is Using Debt Safely
Feb 06Is NetEase (NASDAQ:NTES) A Risky Investment?
Sep 15Is NetEase (NASDAQ:NTES) A Risky Investment?
May 26These 4 Measures Indicate That NetEase (NASDAQ:NTES) Is Using Debt Safely
Feb 14Is NetEase (NASDAQ:NTES) Using Too Much Debt?
Nov 07These 4 Measures Indicate That NetEase (NASDAQ:NTES) Is Using Debt Safely
Jul 27Recent updates
Do NetEase's (NASDAQ:NTES) Earnings Warrant Your Attention?
Apr 14'Warcraft' Return To NetEase Signals Extension Of China's Gaming Relaxation
Apr 12NetEase: Undervalued As Gaming Regulations Don't Detract Much From The Great Business
Mar 27The NetEase, Inc. (NASDAQ:NTES) Full-Year Results Are Out And Analysts Have Published New Forecasts
Mar 03NetEase Earnings: Mobile Games Are Here To Stay And Will Dominate
Feb 23These 4 Measures Indicate That NetEase (NASDAQ:NTES) Is Using Debt Safely
Feb 06NetEase Rumored Downsizing: Fat-Trimming Or Business Restructuring Ahead?
Jan 30Returns On Capital Are A Standout For NetEase (NASDAQ:NTES)
Jan 23NetEase: A Worthy Buy Despite Regulatory Risks
Jan 19Is NetEase, Inc. (NASDAQ:NTES) Trading At A 39% Discount?
Jan 10The Market Doesn't Like What It Sees From NetEase, Inc.'s (NASDAQ:NTES) Earnings Yet
Dec 28Charting the Course: Unlocking Potential in Tech
Dec 15Charting the Course: Unlocking Potential in Tech
Dec 15Here's Why We Think NetEase (NASDAQ:NTES) Might Deserve Your Attention Today
Nov 30Return Trends At NetEase (NASDAQ:NTES) Aren't Appealing
Oct 13Estimating The Intrinsic Value Of NetEase, Inc. (NASDAQ:NTES)
Sep 30Is NetEase (NASDAQ:NTES) A Risky Investment?
Sep 15NetEase (NASDAQ:NTES) Is Increasing Its Dividend To CN¥0.5225
Aug 31Here's Why NetEase (NASDAQ:NTES) Has Caught The Eye Of Investors
Aug 13Here's What To Make Of NetEase's (NASDAQ:NTES) Decelerating Rates Of Return
Jul 03A Look At The Fair Value Of NetEase, Inc. (NASDAQ:NTES)
Jun 19NetEase (NASDAQ:NTES) Is Paying Out A Larger Dividend Than Last Year
Jun 06Is NetEase (NASDAQ:NTES) A Risky Investment?
May 26Does NetEase (NASDAQ:NTES) Deserve A Spot On Your Watchlist?
May 13NetEase, Inc. (NASDAQ:NTES) Shares Could Be 35% Below Their Intrinsic Value Estimate
Mar 13Returns On Capital Signal Tricky Times Ahead For NetEase (NASDAQ:NTES)
Feb 28These 4 Measures Indicate That NetEase (NASDAQ:NTES) Is Using Debt Safely
Feb 14Should You Be Adding NetEase (NASDAQ:NTES) To Your Watchlist Today?
Feb 01Is There An Opportunity With NetEase, Inc.'s (NASDAQ:NTES) 50% Undervaluation?
Dec 09NetEase's (NASDAQ:NTES) Upcoming Dividend Will Be Larger Than Last Year's
Nov 24NetEase (NASDAQ:NTES) Might Be Having Difficulty Using Its Capital Effectively
Nov 22Is NetEase (NASDAQ:NTES) Using Too Much Debt?
Nov 07Is Now The Time To Put NetEase (NASDAQ:NTES) On Your Watchlist?
Oct 23NetEase pops as China approves one mobile game, first since July 2021: report
Sep 13NetEase acquires French game developer & publisher Quantic Dream
Aug 31NetEase's (NASDAQ:NTES) Upcoming Dividend Will Be Larger Than Last Year's
Aug 23NetEase: All Eyes On Upcoming Earnings And Gaming Business
Aug 16Capital Allocation Trends At NetEase (NASDAQ:NTES) Aren't Ideal
Aug 11These 4 Measures Indicate That NetEase (NASDAQ:NTES) Is Using Debt Safely
Jul 27NetEase gains 6% on report China launch of 'Diablo Immortal' is close
Jul 21NetEase inks 2022 World Cup digital partnerships with French and Argentinian football teams
Jul 15Does NetEase (NASDAQ:NTES) Deserve A Spot On Your Watchlist?
Jul 12An Intrinsic Calculation For NetEase, Inc. (NASDAQ:NTES) Suggests It's 43% Undervalued
May 27NetEase: Not Cheap, But Growth At Reasonable Price
May 24NetEase (NASDAQ:NTES) Might Be Having Difficulty Using Its Capital Effectively
Apr 29NetEase (NASDAQ:NTES) Could Easily Take On More Debt
Apr 13Here's Why I Think NetEase (NASDAQ:NTES) Might Deserve Your Attention Today
Mar 31NetEase's (NASDAQ:NTES) Upcoming Dividend Will Be Larger Than Last Year's
Mar 03Financial Position Analysis
Short Term Liabilities: NTES's short term assets (CN¥142.7B) exceed its short term liabilities (CN¥53.8B).
Long Term Liabilities: NTES's short term assets (CN¥142.7B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: NTES has more cash than its total debt.
Reducing Debt: NTES's debt to equity ratio has reduced from 26.6% to 15.4% over the past 5 years.
Debt Coverage: NTES's debt is well covered by operating cash flow (179.6%).
Interest Coverage: NTES earns more interest than it pays, so coverage of interest payments is not a concern.