JOYY (MEX:JOYYN) Cash-to-Debt: 19.83 (As of Jun. 2026) — 247% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:JOYYN JOYY Inc MEX:JOYYN
81 GF Score
Price MXN1,009.00
GF Value MXN749.63
! 7 Warning Signs
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What is JOYY Cash-to-Debt?

JOYY MEX:JOYYN 81 Cash-to-Debt is 19.83 as of Jun. 2026, which is 247% above its 10-year median of 5.71. GuruFocus rates MEX:JOYYN with a GF Score™ of 81/100 and a GF Value™ of MXN749.63. The stock has 7 warning signs investors should review. Among 562 Interactive Media companies, JOYY ranks better than 65.12% on this metric.

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. JOYY's cash to debt ratio for the quarter that ended in Jun. 2026 was 19.83.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, JOYY could pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

The historical rank and industry rank for JOYY's Cash-to-Debt or its related term are showing as below:

MEX:JOYYN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96   Med: 5.71   Max: 2104.52
Current: 19.83

During the past 13 years, JOYY's highest Cash to Debt Ratio was 2104.52. The lowest was 0.96. And the median was 5.71.

MEX:JOYYN's Cash-to-Debt is ranked better than
65.12% of 562 companies
in the Interactive Media industry
Industry Median: 4.655 vs MEX:JOYYN: 19.83

JOYY  (MEX:JOYYN) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


JOYY Cash-to-Debt Related Terms


JOYY Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for JOYY's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

JOYY Cash-to-Debt Chart

JOYY Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 4.34 6.77 32.29 37.31

JOYY Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.94 36.08 37.31 21.79 19.83

MEX:JOYYN vs PPLI, RUM, DJT: Cash-to-Debt Comparison

For the Internet Content & Information subindustry, JOYY's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JOYY Cash-to-Debt vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, JOYY's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where JOYY's Cash-to-Debt falls into.


MEX:JOYYN
81GF Score
JOYY Inc MEX:JOYYN
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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JOYY Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

JOYY's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

JOYY's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 19.83 mean?
JOYY (MEX:JOYYN) has a Cash-to-Debt of 19.83 as of Jun. 2026. This is 247% above median its historical median of 5.71. Over the past decade, JOYY's Cash-to-Debt has ranged from 0.96 to 2,104.52. According to the industry distribution chart, JOYY ranks #196 out of 562 companies in the Interactive Media industry, placing it in the top 34.9%.
Is JOYY's Cash-to-Debt too high?
JOYY's current Cash-to-Debt of 19.83 is 247% above median its 10-year median of 5.71. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2,104.52. The Interactive Media industry median Cash-to-Debt is 4.66. JOYY's value of 19.83 is 326% above this industry median. Based on the distribution chart, JOYY ranks #196 out of 562 companies in the Interactive Media industry, which is above the industry midpoint. Overall, JOYY has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does JOYY's Cash-to-Debt compare to PPLI and RUM?
According to the Interactive Media industry distribution chart, JOYY ranks #196 out of 562 companies for Cash-to-Debt. This puts JOYY in the upper half of its industry. The industry median Cash-to-Debt is 4.66. JOYY's value of 19.83 is 326% above this benchmark. Historically, JOYY's own Cash-to-Debt has ranged from 0.96 to 2,104.52 over the past decade. While the company's 10-year median is 5.71 vs. the industry median of 4.66, JOYY has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Interactive Media company?
The median Cash-to-Debt among Interactive Media companies is 4.66, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JOYY's current Cash-to-Debt of 19.83 is 326% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median Cash-to-Debt is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JOYY's current Cash-to-Debt is 19.83, which is 247% above median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JOYY stock overvalued right now?
JOYY (MEX:JOYYN) has a current Cash-to-Debt of 19.83. The stock's GF Value™ is MXN749.63, compared to a current price of MXN1,009.00 — trading 34.6% above its estimated fair value. The current Cash-to-Debt is 19.83, which is 247% above median its 10-year median of 5.71 and 326% above the Interactive Media industry median of 4.66. JOYY's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For JOYY (MEX:JOYYN), the current Cash-to-Debt is 19.83 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JOYY (MEX:JOYYN) Overvalued in 2026?

Based on GuruFocus' analysis, JOYY stock appears to be overvalued. The current stock price of MXN1,009.00 is trading 34.6% above its estimated GF Value™ of MXN749.63.

Key valuation signals for MEX:JOYYN:

  • Cash-to-Debt: 19.83 (247% above median its 10-year median of 5.71)
  • GF Value™: MXN749.63 vs. price of MXN1,009.00 (34.6% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 326% above the Interactive Media median (#196 of 562)

No single metric tells the full story. See the MEX:JOYYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JOYY Business Description

Address 30 Pasir Panjang Road, No. 15-31A, Mapletree Business City, Singapore, SGP, 117440
JOYY Inc is a technology company. The Company operates several social products, including Bigo Live for live streaming, Likee for short-form videos, Hago for multiplayer social networking, an instant messaging product, and others. The Company operates through two segments: BIGO and All other. The BIGO segment consists of several social entertainment platforms, including Bigo Live, Likee, imo, and others. The All other segment consist of Hago, Shopline, and certain audio live streaming platforms.
81GF Score

Get the complete analysis for MEX:JOYYN

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,009.00
Price
MXN749.63
GF Value