Tencent Music Entertainment Group company logo
Tencent Music Entertainment Group logo

TME Debt To Equity Ratio

Annual Debt To Equity

0.050.04-44.44%

Summary

Current Value
As of today, TME annual debt to equity is 0.05, down -44.44% on
Historical Performance
TME annual debt to equity is down -58.33% over the past 3 years, down -54.55% over the past 5 years
All-Time High Comparison
TME annual debt to equity is currently -58.33% below its historical high of 0.12 set on
3-Year Low Comparison
TME annual debt to equity is at its 3-year low
Sector Comparison
TME annual debt to equity is higher than 35.51% of companies in Communication Services sector

Debt To Equity Chart

SUGGESTED SERIES

Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity0.05-44.4%-58.3%-54.5%+100.0%
Quarterly Debt To Equity0.07-12.5%-41.7%-36.4%
Price$9.90-55.3%+58.6%-6.8%
Annual Total Debt$545.64M-34.2%-36.4%-35.1%+100.0%
$11.49B+23.6%+66.0%+43.8%+287.1%
2.22+5.7%-2.6%-32.9%+12.1%
2.22+6.2%-2.6%-32.7%+12.1%
$16.60M-94.6%-6.2%+5.4%+100.0%
$529.04M+1.9%-37.0%-35.9%+100.0%
6-14.3%-14.3%+20.0%
4.82+22.3%+115.2%+43.5%

Debt To Equity Highs

TME Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y0.12N/A-58.3%
5Y0.12-58.3%
All0.12-58.3%

Debt To Equity Lows

TME Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y0.05at low
5Y0.05at low
All0.00N/A

Debt To Equity History

YearValueChange
0.05-44.4%
0.09-18.2%
0.11-8.3%
0.12+9.1%
0.110.0%
YearValueChange
0.11>+9,900.0%
0.000.0%
0.000.0%
0.000.0%
0.00-

FAQ

What is the current annual debt to equity of TME?
As of today, TME annual debt to equity is 0.05
What is 1-year change in TME annual debt to equity?
TME annual debt to equity is down -44.44% year-over-year
What is 3-year change in TME annual debt to equity?
TME annual debt to equity is down -58.33% over the past 3 years
How far is TME annual debt to equity from its all-time high?
TME annual debt to equity is currently -58.33% below its historical high of 0.12 set on December 31, 2022
How does TME annual debt to equity rank versus sector peers?
TME annual debt to equity is higher than 35.51% of companies in Communication Services sector
When is TME next annual earnings release?
As of today, the next annual earnings release for TME has not been scheduled

Debt To Equity Formula

Debt To Equity =  
Total Debt

Data Sources & References

  1. TME Official Website www.tencentmusic.com
  2. TME Profile on Yahoo Finance finance.yahoo.com/quote/TME
  3. TME Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tme