Tencent Music Entertainment Group (TME)
12.68
+0.15
(+1.20%)
USD |
NYSE |
Apr 25, 16:00
12.87
+0.19
(+1.50%)
Pre-Market: 06:04
Tencent Music Entertainment Group Debt to Equity Ratio: 0.1008 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.1008 |
| September 30, 2023 | 0.1059 |
| June 30, 2023 | 0.1073 |
| March 31, 2023 | 0.1072 |
| December 31, 2022 | 0.1151 |
| September 30, 2022 | 0.1195 |
| June 30, 2022 | 0.1129 |
| March 31, 2022 | 0.1041 |
| December 31, 2021 | 0.1006 |
| September 30, 2021 | 0.1031 |
| June 30, 2021 | 0.099 |
| March 31, 2021 | 0.0998 |
| December 31, 2020 | 0.0991 |
| Date | Value |
|---|---|
| September 30, 2020 | 0.1094 |
| June 30, 2020 | 0.00 |
| March 31, 2020 | 0.00 |
| December 31, 2019 | 0.00 |
| September 30, 2019 | 0.00 |
| June 30, 2019 | 0.00 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | |
| December 31, 2017 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Jun 2019
0.1195
Maximum
Sep 2022
0.0781
Average
0.1008
Median
Dec 2023
Debt to Equity Ratio Benchmarks
| iQIYI Inc | 1.213 |
| HUYA Inc | 0.00 |
| 36KR Holdings Inc | 0.0551 |
| Weibo Corp | 0.7581 |
| Hello Group Inc | 0.188 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 10.66B |
| Total Liabilities (Quarterly) | 2.586B |
| Shareholders Equity (Quarterly) | 7.887B |
| Current Ratio | 2.492 |
| Net Debt Paydown Yield | -0.00% |