NetEase (NTES) Current Ratio

Price: $97.05
Market Cap: $62.55B
Avg Volume: 1.35M
Country: CN
Industry: Electronic Gaming & Multimedia
Sector: Technology
Beta: 0.819
52W Range: $75.85-110.15
Website: NetEase

NetEase Current Ratio

  • Annual: 2.65
  • Quarterly: 3.08
  • TTM: 3.08

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess NetEase's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 2.64
    • Quarterly: 3.06
    • TTM: 3.06
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.40
    • Quarterly: 0.44
    • TTM: 0.44

These metrics provide insights into NetEase's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

2.65

Quarterly Current Ratio

3.08

TTM Current Ratio

3.08

NetEase Historical Current Ratio
5.005.004.004.003.003.002.002.001.001.000.000.00Current Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
4.004.003.003.002.002.001.001.000.000.00Quick Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
0.520.520.420.420.310.310.210.210.100.100.000.00Cash Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024

NetEase Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 2.65 2.64 0.40
2022 2.32 2.30 0.44
2021 2.24 2.22 0.29
2020 2.31 2.29 0.20
2019 2.23 2.21 0.08
2018 1.96 1.81 0.15
2017 2.61 2.38 0.12
2016 2.56 2.47 0.28
2015 2.95 2.88 0.52
2014 4.10 3.48 0.30

Related Metrics

Explore detailed financial metrics and analysis for NTES.