Tencent Music Entertainment Group company logo
Tencent Music Entertainment Group logo

TME Debt To Equity Ratio

Annual Debt To Equity

0.080.02-20.00%

Summary

Current Value
As of today, TME annual debt to equity is 0.08, down -20.00% on
Historical Performance
TME annual debt to equity is down -20.00% over the past 3 years, and up +100.00% over the past 5 years
All-Time High Comparison
TME annual debt to equity is currently -33.33% 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 36.27% of companies in Communication Services sector

Debt To Equity Chart

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Series
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Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity0.08-20.0%-20.0%+100.0%+100.0%
Quarterly Debt To Equity0.05-44.4%-61.5%-54.5%
Price$17.49+60.2%+100.1%-16.9%
Annual Total Debt$828.99M-2.8%-2.9%+3828.2%+100.0%
Annual Shareholders Equity$9.30B+17.9%+17.8%+48.6%+213.3%
Annual Current Ratio2.09-16.1%-18.4%-34.1%+5.6%
Annual Quick Ratio2.09-16.1%-18.4%-34.1%+5.6%
Annual Short Term Debt$309.62M+1809.5%+1034.1%+3025.7%+100.0%
Annual Long Term Debt$519.37M-37.9%-37.1%+4538.2%+100.0%
Piotroski F-Score6-14.3%+20.0%+20.0%
Altman Z-Score6.87+44.9%+46.8%-32.8%

Debt To Equity Highs

TME Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y0.12N/A-33.3%
5Y0.12-33.3%
All0.12-33.3%

Debt To Equity Lows

TME Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y0.08at low
5Y0.08at low
All0.00N/A

Debt To Equity History

YearValueChange
0.08-20.0%
0.10-16.7%
0.12+20.0%
0.100.0%
0.10>+9,900.0%
YearValueChange
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 0.08

  • What is 1-year change in TME annual debt to equity?

    TME annual debt to equity is down -20.00% year-over-year

  • What is 3-year change in TME annual debt to equity?

    TME annual debt to equity is down -20.00% 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 -33.33% 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 36.27% of companies in Communication Services sector

  • When is TME next annual earnings release?

    The next annual earnings release for TME is on

Debt To Equity Formula

Debt To Equity =  
Total Debt

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