NetEase Inc (NTES) — Cash Flow-to-Debt Ratio

Latest as of December 2025: 0.26x

NetEase Inc (NTES) has a Cash Flow-to-Debt Ratio of 0.26x as of December 2025, meaning its operating cash flow of $14.47 Billion could theoretically repay 0% of its total liabilities ($56.35 Billion) in one year. Explore NetEase Inc (NTES) long-term investment share to see how much of total assets are deployed in long-term investments.

CF-to-Debt Ratio

0.26x
Operating CF / Total Liabilities

Operating Cash Flow

$14.47 Billion
USD

Total Liabilities

$56.35 Billion
USD

Data as of

Dec 2025
Most recent filing

NetEase Inc Cash Flow-to-Debt Ratio (1999–2025)

Historical debt coverage capacity for NetEase Inc across 27 annual periods. Also explore NetEase Inc (NTES) total assets for the complete picture of this company's asset base.

Annual Cash Flow-to-Debt Ratio for NetEase Inc (1999–2025)

Year-by-year debt coverage analysis for NetEase Inc. For market capitalisation and broader financial context, see NTES market cap.

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
2025 0.88x $49.36 Billion $56.35 Billion ▲ +18.1%
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 ▼ -20.0%
2014 0.85x $5.86 Billion $6.86 Billion ▼ -28.6%
2013 1.20x $5.24 Billion $4.38 Billion ▲ +4.1%
2012 1.15x $4.22 Billion $3.68 Billion ▼ -33.8%
2011 1.74x $4.07 Billion $2.35 Billion ▲ +14.2%
2010 1.52x $2.09 Billion $1.38 Billion ▲ +0.0%
2009 1.52x $2.09 Billion $1.38 Billion ▼ -37.6%
2008 2.43x $2.02 Billion $829.04 Million ▲ +127.0%
2007 1.07x $1.38 Billion $1.29 Billion ▼ -1.4%
2006 1.09x $1.60 Billion $1.47 Billion ▲ +21.4%
2005 0.90x $1.10 Billion $1.23 Billion ▲ +59.9%
2004 0.56x $614.15 Million $1.10 Billion ▲ +35.2%
2003 0.41x $375.00 Million $905.83 Million ▼ -86.2%
2002 3.00x $115.87 Million $38.65 Million ▲ +293.4%
2001 -1.55x $-185.72 Million $119.78 Million ▼ -52.0%
2000 -1.02x $-156.48 Million $153.37 Million ▲ +50.2%
1999 -2.05x $-15.68 Million $7.66 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.