NetEase Inc (NEH) — Cash Flow-to-Debt Ratio
Latest as of September 2025:
0.24x
NetEase Inc (NEH) has a Cash Flow-to-Debt Ratio of 0.24x as of September 2025, meaning its operating cash flow of €12.95 Billion could theoretically repay 0% of its total liabilities (€53.56 Billion) in one year. See NEH financial flexibility score to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
0.24x
Operating CF / Total Liabilities
Operating Cash Flow
€12.95 Billion
EUR
Total Liabilities
€53.56 Billion
EUR
Data as of
Sep 2025
Most recent filing
NetEase Inc Cash Flow-to-Debt Ratio (2015–2024)
Historical debt coverage capacity for NetEase Inc across 10 annual periods. For the full cash flow conversion analysis, see NEH operating cash flow.
Annual Cash Flow-to-Debt Ratio for NetEase Inc (2015–2024)
Year-by-year debt coverage analysis for NetEase Inc. Check NetEase Inc (NEH) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.74x | €39.68 Billion | €53.50 Billion | ▲ +21.4% |
| 2023 | 0.61x | €35.33 Billion | €57.84 Billion | ▲ +40.8% |
| 2022 | 0.43x | €27.71 Billion | €63.89 Billion | ▼ -5.4% |
| 2021 | 0.46x | €24.93 Billion | €54.37 Billion | ▲ +8.5% |
| 2020 | 0.42x | €24.89 Billion | €58.88 Billion | ▲ +21.6% |
| 2019 | 0.35x | €17.22 Billion | €49.53 Billion | ▲ +6.1% |
| 2018 | 0.33x | €13.42 Billion | €40.94 Billion | ▼ -32.2% |
| 2017 | 0.48x | €11.89 Billion | €24.60 Billion | ▼ -38.9% |
| 2016 | 0.79x | €15.49 Billion | €19.57 Billion | ▲ +16.0% |
| 2015 | 0.68x | €8.08 Billion | €11.83 Billion | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.