How much debt does NetEase have?
According to NetEase's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
NetEase's total debt stands at $12.23B. This is broken down into:
- Long-term debt: $428.00M
- Short-term debt: $11.81B
The company's net debt, which accounts for cash and cash equivalents, is $-39.15B. In terms of overall financial obligations, NetEase's total liabilities amount to $53.50B.
Debt Ratios and Metrics
To better understand NetEase's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.16 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 11.02% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.34% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 14.15% - this indicates the total debt in the company's capital structure.
These metrics provide insight into NetEase's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$12.23B
Long-term Debt
$428.00M
Short-term Debt
$11.81B
Net Debt
$-39.15B
Total Liabilities
$53.50B
Interest Coverage
0.00
Debt to Equity Ratio
0.16
Debt Ratio
11.02%
NetEase Historical Debt Metrics
NetEase Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $12.23B | $428.00M | $11.81B | $-39.15B | $53.50B | 0.16 | 11.02% | 0.00 | 0.34% | 14.15% |
| 2023 | $20.48B | $983.83M | $19.50B | $-945.42M | $57.84B | 0.26 | 15.94% | 9.13 | 3.37% | 20.82% |
| 2022 | $27.53B | $4.33B | $24.13B | $2.64B | $63.89B | 0.22 | 13.43% | 0.00 | 1.32% | 17.79% |
| 2021 | $20.63B | $2.01B | $19.69B | $6.13B | $54.37B | 0.24 | 13.75% | 0.00 | 0.00% | 19.19% |
| 2020 | $19.50B | $949.76M | $19.84B | $10.39B | $58.88B | 0.27 | 15.01% | 0.00 | 0.00% | 21.50% |
| 2019 | $16.83B | $559.90M | $17.02B | $13.58B | $49.53B | 0.30 | 15.71% | 0.00 | 0.00% | 23.19% |
| 2018 | $13.66B | $- | $13.66B | $8.27B | $40.94B | 0.14 | 9.32% | 0.00 | 0.00% | 12.65% |
| 2017 | $6.62B | $- | $6.62B | $3.86B | $24.60B | 0.10 | 6.58% | 0.00 | 0.00% | 9.08% |
| 2016 | $3.82B | $- | $3.82B | $-1.62B | $19.57B | 0.08 | 5.52% | 0.00 | 0.00% | 7.21% |
| 2015 | $2.27B | $- | $2.27B | $-3.80B | $11.83B | 0.09 | 6.75% | 0.00 | 0.00% | 8.03% |
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