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Tencent Music Entertainment (TME) Cash & Equivalents (2016 - 2024)

Tencent Music Entertainment (TME) has disclosed Cash & Equivalents for 9 consecutive years, with $1.8 billion as the latest value for Q4 2024.

  • Quarterly Cash & Equivalents fell 2.74% to $1.8 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $1.8 billion through Dec 2024, down 2.74% year-over-year, with the annual reading at $1.8 billion for FY2024, 2.74% down from the prior year.
  • Cash & Equivalents for Q4 2024 was $1.8 billion at Tencent Music Entertainment, down from $1.9 billion in the prior quarter.
  • The five-year high for Cash & Equivalents was $1.9 billion in Q4 2023, with the low at $1.0 billion in Q4 2021.
  • Average Cash & Equivalents over 5 years is $1.6 billion, with a median of $1.7 billion recorded in 2020.
  • The sharpest move saw Cash & Equivalents crashed 38.61% in 2021, then skyrocketed 40.25% in 2023.
  • Over 5 years, Cash & Equivalents stood at $1.7 billion in 2020, then plummeted by 38.61% to $1.0 billion in 2021, then surged by 30.32% to $1.3 billion in 2022, then surged by 40.25% to $1.9 billion in 2023, then decreased by 2.74% to $1.8 billion in 2024.
  • According to Business Quant data, Cash & Equivalents over the past three periods came in at $1.8 billion, $1.9 billion, and $1.3 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.