Tencent Music Entertainment TCMEF
NYSE TCMEF
$4.45 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TCMEF) Debt Ratio (2020 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Debt Ratio came in at 0.16 in Q2 2026, up 395.3% year-over-year from 0.03 in Q2 2025, and up 1390.08% quarter-over-quarter from 0.01 in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Debt Ratio (2020 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Debt Ratio across 7 years of filings, most recently posting 0.16 for Q2 2026.

  • In Q2 2026, Debt Ratio rose 395.3% year-over-year to 0.16; the TTM figure through Jun 2026 stood at 0.16 (up 395.3% YoY), while the FY2025 annual figure was 0.03, down 13.58% from the prior year.
  • Debt Ratio came in at 0.16 for Q2 2026 at Tencent Music Entertainment, up from 0.01 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.16 in Q2 2026 to a low of 0.01 in Q1 2026.
  • Average Debt Ratio over 5 years is 0.07, with a median of 0.07 recorded in 2023.
  • The largest YoY upside for Debt Ratio was 395.3% in 2026 against a maximum downside of 69.86% in 2026.
  • Over 5 years, Debt Ratio stood at 0.08 in 2022, then declined by 9.69% to 0.07 in 2023, then tumbled by 47.07% to 0.04 in 2024, then slipped by 13.63% to 0.03 in 2025, then soared by 379.27% to 0.16 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.16 in Q2 2026, 0.01 in Q1 2026, and 0.03 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Netflix 320.19 Bn 311.06 Bn 6.52 Bn 0.29
2 Spotify Technology 108.64 Bn 97.73 Bn 1.86 Bn 0.00
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn 0.16
4 Huya 471.18 Mn 110.92 Mn 37.58 Mn 0.02
5 iQIYI 405.33 Mn -65.56 Mn 152.37 Mn 0.16
6 FuboTV 313.61 Mn -138.81 Mn 399.10 Mn 0.04
7 Kaltura 216.95 Mn 185.65 Mn 34.54 Mn 0.32
8 CuriosityStream 153.89 Mn 105.50 Mn 16.93 Mn -
9 LiveOne 52.71 Mn 44.05 Mn 3.94 Mn 0.07
10 Cineverse 46.61 Mn 42.29 Mn 10.66 Mn 0.08
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.16
Mar 31, 2026 0.01
Dec 31, 2025 0.03
Sep 30, 2025 0.03
Jun 30, 2025 0.03
Mar 31, 2025 0.04
Dec 31, 2024 0.04
Jun 30, 2024 0.07
Mar 31, 2024 0.07
Dec 31, 2023 0.07
Sep 30, 2023 0.08
Jun 30, 2023 0.08
Mar 31, 2023 0.08
Dec 31, 2022 0.08
Sep 30, 2022 0.09
Jun 30, 2022 0.08
Mar 31, 2022 0.08
Dec 31, 2021 0.08
Sep 30, 2021 0.08
Jun 30, 2021 0.08