• A multiple grid-connected converters is modeled as a medium and high dimensional negative feedback system with a stable open-loop function in unified dq frame, which fills in the limitations of traditional impedance ratios for the small disturbance stability analysis of multiple grid-connected converters system. • In terms of estimating eigenvalues for the multiple grid-connected converters system, a stability assessment method based on extended Gershgorin Theorem is proposed in frequency domain. Moreover, the algebraic form of the criterion is further simplified to quantify the oscillatory stability, which has the lower complexity compared with generalized nyquist criterion. The proposed method is of great potential in analyzing the stability issue for large-scale new energy power systems. • The reshaped eigenvalue estimation area based on extended Gershgorin Theorem is smaller than traditional Gershgorin Theorem, which can reduce its conservatism to improve system stability margin. • Compared to observe the changed trend of system stability by the change of the related parameters, the parameter sensitivity analysis based on equivalent impedance network model is used to quantify the impact factors on stability, which can be given to guide the parameter optimization of the multiple grid-connected converters system. The large-scale integration of power electronic based systems is bringing new oscillatory stability issues, further threatening the safe and stable operation of power system. Early researches are focused on stability analysis of single grid-connected converters to simple networks. Instead, there have been growing interests in studying the small signal stability of multiple grid-connected converters nowadays, whose main method is to apply traditional stability assessment with high complexity and conservatism. To address this problem, a simplified criterion based on extended Gershgorin Theorem to assess the stability of multiple grid-connected converter. The proposed method has less conservatism than tradition Gershgorin Theorem-based criteria, and has the lower computational complexity with simple algebraic operation compared to generalized nyquist criteria. Moreover, the parametric sensitivity analysis is used for analyzing the impact factors to promote system stability based on the proposed criteria. Theoretical results as well as electromagnetic transient simulations have verified the validity. The proposed method has the potential to assess the high-order system, and provides guidance on system parameters optimization based on the sensitivity.