Tencent Music Entertainment (TME) Interest Coverage Ratio (2018 - 2026)
Tencent Music Entertainment's Interest Coverage Ratio was 447.00 in Q2 2026, up 114.9% from 208.00 a year earlier and up 676.8% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tencent Music Entertainment's Interest Coverage Ratio was 76.44 through Jun 30, 2026, down 52.9% year-over-year; for FY2025, it was 106.17, up 15.7% from FY2024.
- Interest Coverage Ratio has now increased for four consecutive years.
- In earlier years, Interest Coverage Ratio was 91.77 in FY2024 (+85.3%), 49.53 in FY2023 (+24.4%), 39.83 in FY2022 (+25.4%) and 31.75 in FY2021 (-58.9%).
- The Q2 2026 figure marks the highest quarterly Interest Coverage Ratio in data going back to Q1 2018.
- Compared with a year earlier, Interest Coverage Ratio was higher in five of the last eight quarters, with growth averaging 80.3%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2025 (growth of 283.1%); the worst was Q1 2026 (a decline of 74.1%).
- Per Business Quant data, TME's Interest Coverage Ratio in the three quarters before Q2 2026 was 57.54 (Q1 2026), 45.11 (Q4 2025) and 84.69 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,143.49 Bn | 3,901.02 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,756.01 Bn | 1,458.53 Bn | 49.47 Bn | - |
| 3 | Netflix | 290.84 Bn | 251.04 Bn | 6.52 Bn | 23.86 |
| 4 | Alibaba Group Holding | 253.41 Bn | 67.18 Bn | 15.11 Bn | 6.45 |
| 5 | Shopify | 225.91 Bn | 203.09 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 140.82 Bn | 112.62 Bn | 6.38 Bn | 14.88 |
| 7 | Booking Holdings | 126.36 Bn | 59.41 Bn | - | 8.33 |
| 8 | PDD Holdings | 114.08 Bn | -129.69 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 109.04 Bn | 66.54 Bn | 1.86 Bn | 31.19 |
| 10 | Tencent Music Entertainment | 13.12 Bn | -9.61 Bn | 579.95 Mn | 607.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 607.00 |
| Mar 31, 2026 | 57.54 |
| Dec 31, 2025 | 47.33 |
| Sep 30, 2025 | 84.69 |
| Jun 30, 2025 | 248.17 |
| Mar 31, 2025 | 193.44 |
| Dec 31, 2024 | 40.83 |
| Sep 30, 2024 | 22.10 |
| Jun 30, 2024 | 84.54 |
| Mar 31, 2024 | 65.30 |
| Dec 31, 2023 | 57.13 |
| Sep 30, 2023 | 40.71 |
| Jun 30, 2023 | 36.64 |
| Mar 31, 2023 | 40.62 |
| Dec 31, 2022 | 44.77 |
| Sep 30, 2022 | 52.54 |
| Jun 30, 2022 | 45.43 |
| Mar 31, 2022 | 24.97 |
| Dec 31, 2021 | 22.00 |
| Sep 30, 2021 | 30.63 |
API Access
Tencent Music Entertainment Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();