NetEase Cloud Music (HKSE:09899) LT-Debt-to-Total-Asset: 0.00 (As of Dec. 2025)

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HKSE:09899 NetEase Cloud Music Inc HKSE:09899
72 GF Score
Price HK$131.10
GF Value HK$108.09
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NetEase Cloud Music LT-Debt-to-Total-Asset?

NetEase Cloud Music HKSE:09899 +4.05% 72 LT-Debt-to-Total-Asset is 0.00 as of Dec. 2025. GuruFocus rates HKSE:09899 with a GF Score™ of 72/100 and a GF Value™ of HK$108.09 (Modestly Overvalued). The stock has 3 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. NetEase Cloud Music's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.00.

NetEase Cloud Music's long-term debt to total assets ratio stayed the same from Dec. 2024 (0.00) to Dec. 2025 (0.00).

NetEase Cloud Music  (HKSE:09899) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

NetEase Cloud Music LT-Debt-to-Total-Asset Related Terms

NetEase Cloud Music LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for NetEase Cloud Music's LT-Debt-to-Total-Asset 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 Cloud Music LT-Debt-to-Total-Asset Chart

NetEase Cloud Music Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

NetEase Cloud Music Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
HKSE:09899
72GF Score
NetEase Cloud Music Inc HKSE:09899
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Cloud Music LT-Debt-to-Total-Asset Calculation

NetEase Cloud Music's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=4.672/18185.42
=0.00

NetEase Cloud Music's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )/Total Assets (Q: Dec. 2025 )
=4.672/18185.42
=0.00

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
NetEase Cloud Music (HKSE:09899) has a LT-Debt-to-Total-Asset of 0.00 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NetEase Cloud Music and its competitors.
Is NetEase Cloud Music's LT-Debt-to-Total-Asset too high?
NetEase Cloud Music's current LT-Debt-to-Total-Asset is 0.00. Overall, NetEase Cloud Music has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetEase Cloud Music's LT-Debt-to-Total-Asset compare to GOOGL and META?
NetEase Cloud Music's LT-Debt-to-Total-Asset of 0.00 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 LT-Debt-to-Total-Asset for an Interactive Media company?
A good LT-Debt-to-Total-Asset depends on the Interactive Media industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NetEase Cloud Music and its competitors. NetEase Cloud Music's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase Cloud Music stock overvalued right now?
Based on GuruFocus' analysis, NetEase Cloud Music (HKSE:09899) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$108.09, compared to a current price of HK$131.10 — trading 21.3% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.00. NetEase Cloud Music's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For NetEase Cloud Music (HKSE:09899), the current LT-Debt-to-Total-Asset is 0.00 as of Dec. 2025. 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 Cloud Music (HKSE:09899) Overvalued in 2026?

Based on GuruFocus' analysis, NetEase Cloud Music stock appears to be overvalued. The current stock price of HK$131.10 is trading 21.3% above its estimated GF Value™ of HK$108.09. GuruFocus considers NetEase Cloud Music to be Modestly Overvalued.

Key valuation signals for HKSE:09899:

  • LT-Debt-to-Total-Asset: 0.00
  • GF Value™: HK$108.09 vs. price of HK$131.10 (21.3% above fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the HKSE:09899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NetEase Cloud Music Business Description

Address No. 353 Benjing Avenue, Room 1201, Block A, Hangzhou International Expo Center, Qianjiang Century City, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
NetEase Cloud Music is China's second-largest music streaming platform, founded in 2013 as a subsidiary of NetEase. NetEase remains the controlling shareholder with a 59.4% stake. The company is headquartered in Hangzhou.The platform's business model revolves around a core music streaming service sold on a subscription basis, paired with a live streaming service where users purchase virtual items and gift them to performers.
72GF Score

Get the complete analysis for HKSE:09899

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

HK$131.10
Price
HK$108.09
GF Value