JOYYJOYY Inc.

$74.86

Is it safe?

Can JOYY take a bad year?

JOYY Inc. holds $13.8B more cash than debt, so a bad year is a question about profits, not about lenders.

$13.8B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
none

Interest cover · no operating profit to pay the interest bill from

Annualised volatility
37%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2020
$734M
Cash and short-term investments
$14.6B
Net cash
$13.8B
EBITDA, trailing twelve months
−$2.29B
Operating profit, trailing twelve months
−$2.82B
Debt / equity
0.02×
Annualised volatilitytwo years of daily moves
37%
Worst drawdown on file
−84%
Below its 52-week high
−0.34%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.