VNETVNET Group, Inc.
Is it safe?
Caution warranted: heavy debt (BB) and big price swings.
Moderately leveraged. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -97% · now 61% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can VNET take a bad year?
VNET Group, Inc. carries $7.74B of net debt at 2.83× EBITDA: a load its earnings can carry.
Net debt · as at FY2025 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.83×
Net debt / EBITDA · 3.60× a year ago · the load is coming down
- Cash runway
- 1.0 years
Cash runway · burning $1.43B a quarter at the current rate
- Annualised volatility
- 89%
Annualised volatility · three times the market's own swing
Details›
- Total debtFY2025
- $13.6B
- Cash and short-term investments
- $5.90B
- Net debt
- $7.74B
- EBITDA, trailing twelve months
- $2.74B
- Operating profit, trailing twelve months
- $780M
- Debt / equity
- 2.19×
- Total debt / EBITDA
- 4.98×
- Annualised volatilitytwo years of daily moves
- 89%
- Worst drawdown on file
- −97%
- Below its 52-week high
- 61%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Information Technology Services
Ranks #22 of 31 by RyuScore