VNET Group Balance Sheet Health
Financial Health criteria checks 0/6
VNET Group has a total shareholder equity of CN¥6.5B and total debt of CN¥10.5B, which brings its debt-to-equity ratio to 160.5%. Its total assets and total liabilities are CN¥29.1B and CN¥22.6B respectively.
Key information
160.5%
Debt to equity ratio
CN¥10.50b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.88b |
| Equity | CN¥6.54b |
| Total liabilities | CN¥22.57b |
| Total assets | CN¥29.12b |
Recent financial health updates
Recent updates
Is VNET Group (NASDAQ:VNET) Using Debt In A Risky Way?
Nov 20
Market Might Still Lack Some Conviction On VNET Group, Inc. (NASDAQ:VNET) Even After 28% Share Price Boost
Oct 11VNET: Turning Bullish On Results Beat And Favorable Outlook (Rating Upgrade)
Aug 28VNET: 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 15Financial Position Analysis
Short Term Liabilities: VNET's short term assets (CN¥7.0B) do not cover its short term liabilities (CN¥8.1B).
Long Term Liabilities: VNET's short term assets (CN¥7.0B) do not cover its long term liabilities (CN¥14.4B).
Debt to Equity History and Analysis
Debt Level: VNET's net debt to equity ratio (131.7%) is considered high.
Reducing Debt: VNET's debt to equity ratio has increased from 61.1% to 160.5% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VNET has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.