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
Recent updates
VNET: Still A Hold Considering Guidance And Debt Maturity
Mar 29VNET Group gains after report buyout firms said to be considering bids
Oct 18VNET Group: Potential Buyout From Founder
Sep 28Vnet climbs after receiving non-binding acquisition bid from founder
Sep 13VNET Slashes Expansion Plans As Private Equity Buyout Remains In Play
Sep 0621Vianet Group Q2 2022 Earnings Preview
Aug 29Chinese data center company Vnet jumps on report of possible rival takeover offer
Jul 27VNET Group: Significant Upside Based On Structural IDC Tailwinds And Government Support
Jun 15VNET Finally Gets Some Respect From Unsolicited Suitor
Apr 12VNET Group: A Speculative Investment Makes Sense
Feb 10These 4 Measures Indicate That VNET Group (NASDAQ:VNET) Is Using Debt Extensively
Dec 13
Is VNET Group, Inc. (NASDAQ:VNET) Trading At A 38% Discount?
Nov 22VNET Group (NASDAQ:VNET) Is Experiencing Growth In Returns On Capital
Nov 0121Vianet Looks For New Chapter With Name Change
Oct 11Financial Position Analysis
Short Term Liabilities: VNET's short term assets (CN¥9.8B) do not cover its short term liabilities (CN¥11.4B).
Long Term Liabilities: VNET'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: VNET's net debt to equity ratio (141.9%) is considered high.
Reducing Debt: VNET'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: VNET has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VNET has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 29.9% each year.