Tencent Music Entertainment (TCMEF) Total Debt (2020 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Total Debt came in at $2.8 billion in Q2 2026, up 466.95% year-over-year from $497.0 million in Q2 2025, and up 1674.3% quarter-over-quarter from $158.8 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Total Debt (2020 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Total Debt across 7 years of filings, most recently posting $2.8 billion for Q2 2026.
- In Q2 2026, Total Debt rose 466.95% year-over-year to $2.8 billion; the TTM figure through Jun 2026 stood at $2.8 billion (up 466.95% YoY), while the FY2025 annual figure was $500.0 million, up 2.25% from the prior year.
- Total Debt came in at $2.8 billion for Q2 2026 at Tencent Music Entertainment, up from $158.8 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $2.8 billion in Q2 2026 to a low of $158.8 million in Q1 2026.
- Average Total Debt over 5 years is $788.7 million, with a median of $783.8 million recorded in 2024.
- The largest YoY upside for Total Debt was 466.95% in 2026 against a maximum downside of 67.72% in 2026.
- Over 5 years, Total Debt stood at $778.4 million in 2022, then rose by 0.56% to $782.8 million in 2023, then tumbled by 36.47% to $497.3 million in 2024, then decreased by 0.85% to $493.1 million in 2025, then soared by 471.49% to $2.8 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $2.8 billion in Q2 2026, $158.8 million in Q1 2026, and $493.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | 16.79 Bn |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | 25.57 Mn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 2.82 Bn |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | 18.20 Mn |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | 1.05 Bn |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | 144.77 Mn |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | 53.26 Mn |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn | - |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn | 3.25 Mn |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn | 11.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.82 Bn |
| Mar 31, 2026 | 158.81 Mn |
| Dec 31, 2025 | 493.05 Mn |
| Sep 30, 2025 | 493.76 Mn |
| Jun 30, 2025 | 497.00 Mn |
| Mar 31, 2025 | 492.00 Mn |
| Dec 31, 2024 | 497.28 Mn |
| Jun 30, 2024 | 783.79 Mn |
| Mar 31, 2024 | 789.71 Mn |
| Dec 31, 2023 | 782.77 Mn |
| Sep 30, 2023 | 789.68 Mn |
| Jun 30, 2023 | 820.53 Mn |
| Mar 31, 2023 | 798.54 Mn |
| Dec 31, 2022 | 778.38 Mn |
| Sep 30, 2022 | 824.72 Mn |
| Jun 30, 2022 | 796.00 Mn |
| Mar 31, 2022 | 795.00 Mn |
| Dec 31, 2021 | 791.75 Mn |
| Sep 30, 2021 | 795.78 Mn |
| Jun 30, 2021 | 794.00 Mn |