Tencent Music Entertainment (TME) Interest Coverage Ratio (2018 - 2026)
Tencent Music Entertainment (TME) posted Interest Coverage Ratio of 57.54 for Q1 2026, down 27.56% sequentially from 45.11 in Q4 2025, and up 74.08% YoY from 33.06 in Q1 2025.
Tencent Music Entertainment (TME) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Interest Coverage Ratio for 9 years, with the latest figure at 57.54 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 74.08% year-over-year to 57.54 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 72.5 (up 45.01% YoY) and the FY2025 annual result came in at 105.07, up 52.04% from the prior year.
- Interest Coverage Ratio eased to 57.54 in Q1 2026 per TME's latest filing, from 45.11 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 41.25 in Q4 2024 and troughed at 248.17 in Q2 2025.
- A 5-year average of 67.42 and a median of 50.25 in 2022 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio surged 168.46% in 2024, then sank 283.15% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 50.25 in 2022, then declined by 19.9% to 60.25 in 2023, then soared by 168.46% to 41.25 in 2024, then tumbled by 209.36% to 45.11 in 2025, then fell by 27.56% to 57.54 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 57.54, 45.11, and 84.69 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,169.37 Bn | 3,740.34 Bn | 73.85 Bn | 1.91 |
| 2 | Meta Platforms | 1,523.99 Bn | 1,433.73 Bn | 49.47 Bn | 1.47 |
| 3 | Taboola.com | 1,150.19 Bn | 1,150.06 Bn | 139.48 Mn | 0.17 |
| 4 | Baidu | 289.04 Bn | 284.55 Bn | 1.88 Mn | -5.36 |
| 5 | Spotify Technology | 102.97 Bn | 92.73 Bn | 1.75 Bn | 4.83 |
| 6 | Joyy | 77.43 Bn | 76.54 Bn | 205.64 Mn | 0.86 |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 2.55 |
| 8 | Nebius | 49.26 Bn | 39.63 Bn | 295.20 Mn | 2.01 |
| 9 | 30.10 Bn | 27.31 Bn | 734.60 Mn | 0.17 | |
| 10 | Tencent Music Entertainment | 26.85 Bn | 24.15 Bn | 514.00 Mn | -57.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -57.54 |
| Dec 31, 2025 | -45.11 |
| Sep 30, 2025 | -84.69 |
| Jun 30, 2025 | -248.17 |
| Mar 31, 2025 | -222.00 |
| Dec 31, 2024 | 41.25 |
| Sep 30, 2024 | -22.10 |
| Jun 30, 2024 | -84.54 |
| Mar 31, 2024 | -67.75 |
| Dec 31, 2023 | -60.25 |
| Sep 30, 2023 | -40.71 |
| Jun 30, 2023 | -35.33 |
| Mar 31, 2023 | -40.20 |
| Dec 31, 2022 | -50.25 |
| Sep 30, 2022 | -59.00 |
| Jun 30, 2022 | -44.73 |
| Mar 31, 2022 | -24.96 |
| Dec 31, 2021 | -21.40 |
| Sep 30, 2021 | -28.60 |
| Jun 30, 2021 | -35.65 |