Tencent Music Entertainment (TME) Debt Ratio (2019 - 2022)
Historic Debt Ratio for Tencent Music Entertainment (TME) over the last 4 years, with Q2 2022 value amounting to 0.03.
- Tencent Music Entertainment's Debt Ratio changed N/A to 0.03 in Q2 2022 from the same period last year, while for Jun 2022 it was 0.01, marking a year-over-year change of. This contributed to the annual value of 0.04 for FY2021, which is 2404.51% down from last year.
- Per Tencent Music Entertainment's latest filing, its Debt Ratio stood at 0.03 for Q2 2022.
- Tencent Music Entertainment's 5-year Debt Ratio high stood at 0.09 for Q4 2019, and its period low was 0.03 during Q1 2022.
- Moreover, its 4-year median value for Debt Ratio was 0.04 (2021), whereas its average is 0.05.
- Its Debt Ratio has fluctuated over the past 5 years, first plummeted by 4262.31% in 2020, then plummeted by 2404.51% in 2021.
- Quarter analysis of 4 years shows Tencent Music Entertainment's Debt Ratio stood at 0.09 in 2019, then tumbled by 42.62% to 0.05 in 2020, then dropped by 24.05% to 0.04 in 2021, then dropped by 26.53% to 0.03 in 2022.
- Its Debt Ratio stands at 0.03 for Q2 2022, versus 0.03 for Q1 2022 and 0.04 for Q4 2021.