Tencent Music Entertainment Group Debt to Equity Ratio 2018-2023 | TME
Current and historical debt to equity ratio values for Tencent Music Entertainment Group (TME) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Tencent Music Entertainment Group debt/equity for the three months ending December 31, 2023 was 0.10.
| Tencent Music Entertainment Group Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2023-12-31 |
$2.59B |
$8.08B |
0.32 |
| 2023-09-30 |
$2.44B |
$7.56B |
0.32 |
| 2023-06-30 |
$2.45B |
$7.55B |
0.32 |
| 2023-03-31 |
$2.48B |
$7.58B |
0.33 |
| 2022-12-31 |
$2.66B |
$7.30B |
0.36 |
| 2022-09-30 |
$2.60B |
$6.79B |
0.38 |
| 2022-06-30 |
$2.69B |
$7.21B |
0.37 |
| 2022-03-31 |
$2.65B |
$7.76B |
0.34 |
| 2021-12-31 |
$2.51B |
$7.91B |
0.32 |
| 2021-09-30 |
$2.45B |
$7.86B |
0.31 |
| 2021-06-30 |
$2.43B |
$8.11B |
0.30 |
| 2021-03-31 |
$2.35B |
$8.05B |
0.29 |
| 2020-12-31 |
$2.25B |
$7.64B |
0.30 |
| 2020-09-30 |
$2.15B |
$7.28B |
0.30 |
| 2020-06-30 |
$1.28B |
$6.98B |
0.18 |
| 2020-03-31 |
$1.20B |
$6.21B |
0.19 |
| 2019-12-31 |
$1.30B |
$6.32B |
0.21 |
| 2019-09-30 |
$1.16B |
$5.83B |
0.20 |
| 2019-06-30 |
$1.15B |
$5.98B |
0.19 |
| 2019-03-31 |
$1.07B |
$5.86B |
0.18 |
| 2018-12-31 |
$1.03B |
$5.71B |
0.18 |
| 2018-09-30 |
$0.82B |
$5.02B |
0.16 |
| 2017-12-31 |
$0.57B |
$3.87B |
0.15 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Content |
$22.103B |
$3.909B |
|
Tencent Music Entertainment Group provides an online music entertainment platform primarily in China. The Company offers online music, recording, and music-centric live streaming services. Tencent Music Entertainment Group is based in Shenzhen, China.
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