NetEase Inc (NTES) — Cash Flow-to-Debt Ratio
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. See NetEase Inc (NTES) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
NetEase Inc Cash Flow-to-Debt Ratio (1999–2025)
Historical debt coverage capacity for NetEase Inc across 27 annual periods. Also explore net asset growth rate of NetEase Inc to track the company's year-over-year net asset growth rate.
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 NetEase Inc (NTES) market capitalisation.
| 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 | — |