Cash Flow Statement
Growth Metrics

Vnet (VNET) Debt Ratio (2016 - 2025)

Vnet has reported Debt Ratio over the past 16 years, most recently at 0.2 for Q4 2025.

  • For Q4 2025, Debt Ratio rose 91.5% year-over-year to 0.2; the TTM value through Dec 2025 reached 0.2, up 91.5%, while the annual FY2025 figure was 0.19, 85.81% up from the prior year.
  • Debt Ratio was 0.2 for Q4 2025 at Vnet, down from 0.3 in the prior quarter.
  • Across five years, Debt Ratio topped out at 252680128120.1 in Q1 2024 and bottomed at 0.07 in Q1 2021.
  • The 5-year median for Debt Ratio is 0.15 (2021), against an average of 19015260875.68.
  • Year-over-year, Debt Ratio soared 174863179013592.28% in 2024 and then plummeted 100.0% in 2025.
  • Over 5 years, Debt Ratio stood at 0.11 in 2021, then increased by 25.66% to 0.14 in 2022, then crashed by 35.07% to 0.09 in 2023, then grew by 11.9% to 0.1 in 2024, then surged by 91.5% to 0.2 in 2025.
  • The last three reported values for Debt Ratio were 0.2 (Q4 2025), 0.3 (Q3 2025), and 0.28 (Q2 2025) per Business Quant data.