VNET Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has VNET Group's balance sheet done over the years? Its assets were worth $30,385,903,000 last year, which is more than in the previous period. 79% of VNET Group’s total assets is currently financed by debt. Its liabilities reached the amount of $23,871,520,000, which means an increase by 20% compared compared to last year.
Debt to Assets
| 2014 | 9640181000 | 7.44B | 77.2% |
|---|---|---|---|
| 2015 | 10863910000 | 6.82B | 62.86% |
| 2016 | 12421524000 | 6.27B | 50.48% |
| 2017 | 9908161000 | 4.70B | 47.51% |
| 2018 | 11150717000 | 5.78B | 51.9% |
| 2019 | 14273706000 | 9.04B | 63.35% |
| 2020 | 19373755000 | 12.47B | 64.4% |
| 2021 | 23095039000 | 15.49B | 67.09% |
| 2022 | 26948405000 | 19.96B | 74.09% |
| 2023 | 30385903000 | 23.87B | 78.56% |
VNET Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.24B | 2.66B | 1.37B | 2.71B | 1.80B | 2.35B | 1.94B | 1.29B | 1.68B | 644.41M |
Short term investments | 356.82M | 59.65M | 68.88M | 285.87M | 363.85M | 245.01M | 548.89M | 277.94M | 104.89M | 911.24M |
Net receivables | 1.71B | 1.91B | 1.57B | 922.75M | 958.82M | 649.75M | 1.04B | 838.07M | 711.50M | 1.01B |
Inventory | -2.51M | 327.67M | 327.76M | 270.45M | 478.87M | 1.83M | 710K | 4.43M | 13.53M | 10.05M |
Other current assets | 5.50B | 2.14B | 2.04B | 1.86B | 1.61B | 1.15B | 1.19B | 777.13M | 938.44M | 550.70M |
Total current assets | 9.82B | 7.05B | 5.32B | 6.05B | 5.22B | 4.67B | 4.24B | 5.20B | 3.48B | 2.86B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 17.03B | 15.46B | 12.96B | 9.42B | 6.66B | 4.03B | 3.31B | 3.78B | 3.65B | 3.10B |
Goodwill | 0 | 1.36B | 1.33B | 994.99M | 989.53M | 989.53M | 989.53M | 1.75B | 1.75B | 1.75B |
Intangible assets | 1.98B | 2.07B | 1.23B | 915.92M | 643.74M | 502.80M | 564.78M | 1.14B | 1.33B | 1.40B |
Long term investments | 757.94M | 242.19M | 98.24M | 135.51M | 169.65M | 544.32M | 510.92M | 298.87M | 198.90M | 126.30M |
Other non-current assets | 781.84M | 552.07M | 1.96B | 1.65B | 368.04M | 245.26M | 105.13M | 180.84M | 388.50M | 341.37M |
Total non-current assets | 20.56B | 19.89B | 17.77B | 13.31B | 9.04B | 6.47B | 5.66B | 7.21B | 7.38B | 6.77B |
Total assets | 30.38B | 26.94B | 23.09B | 19.37B | 14.27B | 11.15B | 9.90B | 12.42B | 10.86B | 9.64B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 1.25B | 1.09B | 1.10B | 1.12B | 731.96M | 463.57M | 526.52M | 534.23M | 451.27M |
Short term debt | 6.21B | 1.90B | 1.23B | 3.01B | 1.85B | 344.97M | 321.60M | 2.38B | 718.65M | 1.18B |
Total current liabilities | 11.43B | 6.33B | 5.17B | 6.12B | 4.46B | 2.19B | 1.77B | 4.37B | 2.82B | 3.01B |
| Non-current liabilities: | ||||||||||
Long term debt | 11.31B | 12.86B | 9.88B | 5.23B | 3.83B | 2.91B | 2.71B | 804.84M | 2.66B | 2.83B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.12B | 87.17M | 77.57M | 816.44M | 529.39M | 511.15M | 5.37M | 728.68M | 947.42M | 1.17B |
Total non-current liabilities | 12.43B | 13.63B | 10.31B | 6.35B | 4.57B | 3.59B | 2.93B | 1.89B | 4.00B | 4.42B |
Total liabilities | 23.87B | 19.96B | 15.49B | 12.47B | 9.04B | 5.78B | 4.70B | 6.27B | 6.82B | 7.44B |
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