Tencent Music Entertainment Group Current Ratio 2018-2024 | TME
- Tencent Music Entertainment Group average current ratio for 2023 was 2.45, a 8.41% decline from 2022.
- Tencent Music Entertainment Group average current ratio for 2022 was 2.26, a 18.71% increase from 2021.
- Tencent Music Entertainment Group average current ratio for 2021 was 2.78, a 14.46% decline from 2020.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.