Tencent Music Entertainment Group Debt/Equity Ratio 2018-2024 | TME

Tencent Music Entertainment Group debt/equity ratio for the quarter ending June 30, 2024 was 0.09.

  • Tencent Music Entertainment Group average debt/equity ratio for 2023 was 0.1, a 9.09% decline from 2022.
  • Tencent Music Entertainment Group average debt/equity ratio for 2022 was 0.11, a 10% decline from 2021.
  • Tencent Music Entertainment Group average debt/equity ratio for 2021 was 0.1, a 100% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.

Tencent Music Entertainment Group Debt/Equity Ratio 2018-2024 | TME

  • Tencent Music Entertainment Group average debt/equity ratio for 2023 was 0.1, a 9.09% decline from 2022.
  • Tencent Music Entertainment Group average debt/equity ratio for 2022 was 0.11, a 10% decline from 2021.
  • Tencent Music Entertainment Group average debt/equity ratio for 2021 was 0.1, a 100% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.
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