NETTF (NetEase) Debt-to-Revenue : 0.09 (As of Mar. 2026)


NETTF NetEase Inc NETTF
93 GF Score
Price $24.26
GF Value $20.95
Valuation Modestly Overvalued
! 1 Warning Sign
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What is NetEase Debt-to-Revenue?

NetEase NETTF -0.98% 93 Debt-to-Revenue is 0.09 as of Mar. 2026. GuruFocus rates NETTF with a GF Score™ of 93/100 and a GF Value™ of $20.95 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Debt-to-Revenue measures a company's ability to pay off its debt.

NetEase's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,590 Mil. NetEase's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. NetEase's annualized Revenue for the quarter that ended in Mar. 2026 was $17,754 Mil. NetEase's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 was 0.09.

NetEase Debt-to-Revenue Historical Data

* Premium members only.

The historical data trend for NetEase's Debt-to-Revenue 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.

NetEase Debt-to-Revenue Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.30 0.20 0.12 0.06

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Revenue 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 0.09 0.10 0.07 0.06 0.09

NETTF vs EA, TTWO, RBLX: Debt-to-Revenue Comparison

For the Electronic Gaming & Multimedia subindustry, NetEase's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

NetEase Debt-to-Revenue vs Interactive Media Industry

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

* The bar in red indicates where NetEase's Debt-to-Revenue falls into.


NETTF
93GF Score
NetEase Inc NETTF
Debt-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

NetEase's Debt-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(922.539 + 32.956) / 15990.715
=0.06

NetEase's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1589.568 + 0) / 17754.404
=0.09

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2026) Revenue data.

Frequently Asked Questions Learn more about Debt-to-Revenue →
What does a Debt-to-Revenue of 0.09 mean?
NetEase (NETTF) has a Debt-to-Revenue of 0.09 as of Mar. 2026.
Is NetEase's Debt-to-Revenue too high?
NetEase's current Debt-to-Revenue is 0.09. Overall, NetEase has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Debt-to-Revenue compare to EA and TTWO?
NetEase's Debt-to-Revenue of 0.09 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Revenue for an Interactive Media company?
A good Debt-to-Revenue depends on the Interactive Media industry context. However, Debt-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Revenue mean?
A high Debt-to-Revenue can signal that a stock is expensive relative to its fundamentals. NetEase's current Debt-to-Revenue is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase stock overvalued right now?
Based on GuruFocus' analysis, NetEase (NETTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.95, compared to a current price of $24.26 — trading 15.8% above its estimated fair value. The current Debt-to-Revenue is 0.09. NetEase's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Revenue calculated?
Debt-to-Revenue is calculated from a company's financial statements. For NetEase (NETTF), the current Debt-to-Revenue is 0.09 as of Mar. 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 NetEase (NETTF) Overvalued in 2026?

Based on GuruFocus' analysis, NetEase stock appears to be overvalued. The current stock price of $24.26 is trading 15.8% above its estimated GF Value™ of $20.95. GuruFocus considers NetEase to be Modestly Overvalued.

Key valuation signals for NETTF:

  • Debt-to-Revenue: 0.09
  • GF Value™: $20.95 vs. price of $24.26 (15.8% above fair value)
  • GF Score™: 93/100 with 1 warning sign

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

NetEase Business Description

Address No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
Founded in the late 1990s as an internet portal, NetEase has evolved into China's second-largest online gaming company. Its early success was anchored by the massively multiplayer online role-playing game Fantasy Westward Journey, which laid the foundation for a durable franchise strategy. Over the past decade, the company has expanded its portfolio with successful titles such as Justice, Identity V, Naraka: Bladepoint, and Eggy Party, all of which continue to maintain sizable and engaged player bases.In addition to its in-house development capabilities, NetEase partners with global IP holders such as Microsoft and Marvel to develop and publish titles based on established franchises, including World of Warcraft, Diablo Immortal, and Marvel Rivals, further strengthening its global presence.
93GF Score

Get the complete analysis for NETTF

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

$24.26
Price
$20.95
GF Value