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 34.51% of companies in Communication Services sector

Debt To Equity Chart

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Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity0.05-44.4%-58.3%-54.5%+100.0%
Quarterly Debt To Equity0.05-44.4%-58.3%-54.5%
Price$9.31-35.4%+12.4%-54.6%
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%+20.0%+20.0%
4.72-19.6%+4.9%-52.8%

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 34.51% 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