Youdao Balance Sheet
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Youdao financial position
At the end of fiscal 2025, Youdao reported total assets of $282.4 million, up 13.6% from a year earlier against total liabilities of $559.0 million. Shareholders' equity was negative at -$276.6 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $62.9 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 0.59, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Youdao balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 62.88M | 81.20M | 64.02M | 113.61M | 50.65M | 93.36M | 24.90M |
| Short-Term Investments | 42.66M | 8.64M | 10.12M | 33.66M | 79.06M | 89.66M | 17.40M |
| Receivables | 54.52M | 57.35M | 49.86M | 58.74M | 38.97M | 41.20M | 28.82M |
| Inventory | 20.13M | 23.94M | 30.57M | 33.67M | 40.08M | 22.78M | 10.52M |
| Total Current Assets | 246.31M | 203.69M | 183.09M | 271.12M | 356.16M | 283.76M | 291.58M |
| Property, Plant & Equipment | — | — | — | — | — | 6.99M | 3.53M |
| Goodwill | 15.72M | 15.06M | 15.48M | 15.94M | 17.25M | — | — |
| Long-Term Investments | 2.83M | 9.92M | 7.24M | 13.15M | 5.10M | 6.51M | — |
| Total Assets | 282.43M | 248.57M | 234.68M | 330.01M | 413.34M | 317.28M | 299.70M |
| Accounts Payable | 15.73M | 19.89M | 22.39M | 40.94M | 25.27M | 21.66M | 9.00M |
| Total Current Liabilities | 419.69M | 403.73M | 436.53M | 460.86M | 476.09M | 520.09M | 252.62M |
| Total Liabilities | 559.00M | 534.81M | 534.56M | 544.20M | 527.96M | 532.93M | 256.46M |
| Shareholders' Equity | -276.57M | -286.24M | -305.23M | -223.55M | -126.95M | -215.65M | 43.24M |
| Net Cash (Debt) | 105.54M | 89.84M | 74.14M | 147.27M | 129.71M | 183.02M | 42.30M |
| Shares Outstanding | 118.63M | 117.54M | 119.09M | 122.74M | 123.27M | 114.73M | 111.77M |
This table shows 7 annual periods of Youdao's balance sheet, from FY 2025 back to FY 2019, across 15 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow DAO's reporting calendar. What is a balance sheet?