What is the level of liabilities of JOYY this year?
JOYY has a debt balance of 3.31 B USD this year.
JOYY Liabilities 2024
JOYY Liabilities
3.31 B USD
Ticker
YY
ISIN
US46591M1099
WKN
A2PXQ6
In 2024, JOYY's total liabilities amounted to 3.31 B USD, a -13.07% difference from the 3.8 B USD total liabilities in the previous year.
JOYY Aktienanalyse
What does JOYY do?
JOYY Inc is a Chinese company based in Hong Kong that specializes in providing live streaming and social media services. It was originally founded as YY Inc in 2005 and renamed to JOYY Inc in 2020. JOYY Inc's business model is based on connecting users through a wide range of social media platforms that offer live broadcasts of content such as gaming, music, karaoke, dance, comedy, education, and more. A key feature of the business model is that JOYY Inc allows content creators, known as "broadcasters," to receive virtual gifts from viewers, which they can purchase with electronic currency. JOYY Inc operates several divisions, including Bigo, Huya, and Likee. Bigo is a live streaming app that is widely popular in Asia and has over 400 million users. Bigo provides a platform for users to create their own live broadcasts that can be viewed by millions of users. The Huya division of JOYY Inc specializes in e-sports through live streaming, particularly in China. Huya provides a platform for gamers, fans, and streamers to create and view e-sports tournaments, competitions, and other e-sports content in partnership with game developers and manufacturers. Huya has over 160 million registered users, making it one of the largest e-sports streaming services in the world. Likee is another division of JOYY Inc. It is a video sharing app that allows users to create and share short videos with effects, filters, music, and text. Likee provides a platform for users to experience social exchange and interactive communication. The app has over 100 million monthly active users. In terms of products, JOYY Inc offers a variety of services. The company has premium membership plans that allow users to access additional features and benefits. JOYY Inc even provides a virtual currency that allows users to purchase and send digital gifts to their favorite broadcasters. JOYY Inc has a long history in the social media and live streaming industry and has become one of the most well-known companies in this field. The divisions of JOYY Inc allow users to connect across various interests, whether it be through sharing content on Likee, watching e-sports events on Huya, or creating live broadcasts on Bigo. JOYY Inc continues to be at the forefront of live streaming and social media application development, contributing to the changing global digital consumer behavior. JOYY ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing JOYY's Liabilities
JOYY's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating JOYY's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing JOYY's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
JOYY's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in JOYY’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about JOYY stock
What were the liabilities of JOYY compared to the previous year?
The liabilities of JOYY have increased by -13.07% dropped compared to the previous year.
What are the consequences of high debt for investors of JOYY?
High liabilities can pose a risk for investors of JOYY, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in JOYY?
Low liabilities mean that JOYY has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of JOYY affect the company?
An increase in liabilities of JOYY can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of JOYY affect the company?
A decrease in the liabilities of JOYY can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of JOYY?
Some factors that can influence the liabilities of JOYY include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of JOYY so important for investors?
The liabilities of JOYY are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can JOYY take to modify the liabilities?
To change its liabilities, JOYY can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does JOYY pay?
Over the past 12 months, JOYY paid a dividend of 1.22 USD . This corresponds to a dividend yield of about 3.15 %. For the coming 12 months, JOYY is expected to pay a dividend of 0.7 USD.
What is the dividend yield of JOYY?
The current dividend yield of JOYY is 3.15 %.
When does JOYY pay dividends?
JOYY pays a quarterly dividend. This is distributed in the months of January, May, July, October.
How secure is the dividend of JOYY?
JOYY paid dividends every year for the past 0 years.
What is the dividend of JOYY?
For the upcoming 12 months, dividends amounting to 0.7 USD are expected. This corresponds to a dividend yield of 1.82 %.
In which sector is JOYY located?
JOYY is assigned to the 'Communication' sector.
Wann musste ich die Aktien von JOYY kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of JOYY from 10/13/2023 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 9/25/2023.
When did JOYY pay the last dividend?
The last dividend was paid out on 10/13/2023.
What was the dividend of JOYY in the year 2023?
In the year 2023, JOYY distributed 2.04 USD as dividends.
In which currency does JOYY pay out the dividend?
The dividends of JOYY are distributed in USD.
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Andere Kennzahlen von JOYY
Our stock analysis for JOYY Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of JOYY Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
