Tencent Music Entertainment Group company logo
Tencent Music Entertainment Group logo

TME Current Ratio

Annual Current Ratio

2.090.40-16.06%

Summary

Current Value
As of today, TME annual current ratio is 2.09, down -16.06% on
Historical Performance
TME annual current ratio is down -18.36% over the past 3 years, and down -34.07% over the past 5 years
All-Time High Comparison
TME annual current ratio is currently -37.24% below its historical high of 3.33 set on
3-Year Low Comparison
TME annual current ratio is at its 3-year low
Sector Comparison
TME annual current ratio is higher than 68.07% of companies in Communication Services sector

Current Ratio Chart

Add series to chart
Add series to chart1/6
Series
SUGGESTED SERIES

Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio2.09-16.1%-18.4%-34.1%+5.6%
Quarterly Current Ratio2.09-7.5%-2.8%-39.9%
Price$17.37+59.1%+99.7%-17.5%
Annual Current Assets$4.73B+12.1%+12.6%+23.0%+557.7%
Annual Current Liabilities$2.27B+33.8%+38.3%+86.8%+524.1%
Annual Quick Ratio2.09-16.1%-18.4%-34.1%+5.6%
Annual Debt To Equity0.08-20.0%-20.0%+100.0%+100.0%
Piotroski F-Score6-14.3%+20.0%+20.0%
Altman Z-Score6.83+44.1%+46.3%-33.2%

Current Ratio Highs

TME Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.49-16.1%
5Y3.30N/A-36.7%
All3.33-37.2%

Current Ratio Lows

TME Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y2.09at low
5Y2.09at low
All1.98+5.6%

Current Ratio History

YearValueChange
2.09-16.1%
2.49+9.7%
2.27-11.3%
2.56-22.4%
3.30+4.1%
YearValueChange
3.17-4.8%
3.33+57.1%
2.12+7.1%
1.98-

FAQ

  • What is the current annual current ratio of TME?

    As of today, TME annual current ratio is 2.09

  • What is 1-year change in TME annual current ratio?

    TME annual current ratio is down -16.06% year-over-year

  • What is 3-year change in TME annual current ratio?

    TME annual current ratio is down -18.36% over the past 3 years

  • How far is TME annual current ratio from its all-time high?

    TME annual current ratio is currently -37.24% below its historical high of 3.33 set on December 31, 2018

  • How does TME annual current ratio rank versus sector peers?

    TME annual current ratio is higher than 68.07% of companies in Communication Services sector

  • When is TME next annual earnings release?

    The next annual earnings release for TME is on

Current Ratio Formula

Current Ratio =  

Data Sources & References

  1. TME Official Website www.tencentmusic.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1744676/000095010325014559/0000950103-25-014559-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1744676/000095017025056949/0000950170-25-056949-index.htm
  4. TME Profile on Yahoo Finance finance.yahoo.com/quote/TME
  5. TME Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tme