VNET Group annual debt-to-assets ratio
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2025
VNET Group Debt-to-Assets Ratio Growth & History (VNET)
VNET Group's debt-to-assets ratio was 0.16 for fiscal 2025.
View full VNET Group company overviewVNET Group annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.16 | −0.04 | −21.28% |
| 2024 | 2024-12-31 | 0.20 | −0.12 | −36.77% |
| 2023 | 2023-12-31 | 0.31 | 0.00 | +1.06% |
| 2022 | 2022-12-31 | 0.31 | 0.01 | +4.61% |
| 2021 | 2021-12-31 | 0.30 | 0.09 | +40.65% |
| 2020 | 2020-12-31 | 0.21 | −0.02 | −8.32% |
| 2019 | 2019-12-31 | 0.23 | 0.12 | +109.87% |
| 2018 | 2018-12-31 | 0.11 | −0.00 | −2.11% |
| 2017 | 2017-12-31 | 0.11 | −0.11 | −49.79% |
| 2016 | 2016-12-31 | 0.22 | 0.12 | +113.05% |
| 2015 | 2015-12-31 | 0.10 | −0.08 | −42.67% |
| 2014 | 2014-12-31 | 0.18 | −0.09 | −33.65% |
| 2013 | 2013-12-31 | 0.28 | 0.11 | +64.95% |
| 2012 | 2012-12-31 | 0.17 | 0.13 | +301.46% |
| 2011 | 2011-12-31 | 0.04 | — | — |
VNET Group quarterly debt-to-assets ratio
Q4.11
Q4.12
Q4.13
Q4.14
Q4.15
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q3.24
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.16 | −0.04 | −21.28% |
| Q4 2024 | 2024-12-31 | 0.20 | −0.12 | −36.77% |
| Q3 2024 | 2024-09-30 | 0.19 | — | — |
| Q4 2023 | 2023-12-31 | 0.31 | 0.00 | +1.06% |
| Q4 2022 | 2022-12-31 | 0.31 | 0.01 | +4.61% |
| Q4 2021 | 2021-12-31 | 0.30 | 0.09 | +40.65% |
| Q4 2020 | 2020-12-31 | 0.21 | −0.02 | −8.32% |
| Q4 2019 | 2019-12-31 | 0.23 | 0.12 | +109.87% |
| Q4 2018 | 2018-12-31 | 0.11 | −0.00 | −2.11% |
| Q4 2017 | 2017-12-31 | 0.11 | −0.11 | −49.79% |
| Q4 2016 | 2016-12-31 | 0.22 | 0.12 | +113.05% |
| Q4 2015 | 2015-12-31 | 0.10 | −0.08 | −42.67% |
| Q4 2014 | 2014-12-31 | 0.18 | −0.09 | −33.65% |
| Q4 2013 | 2013-12-31 | 0.28 | 0.11 | +64.95% |
| Q4 2012 | 2012-12-31 | 0.17 | 0.13 | +301.46% |
| Q4 2011 | 2011-12-31 | 0.04 | — | — |
VNET Group debt-to-assets ratio trends
Over the last five fiscal years, VNET Group's debt-to-assets ratio decreased from 0.21 to 0.16, a change of −0.05. The latest reported quarter, Q4 2025, shows 0.16.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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