Tencent Music Entertainment Group Quick Ratio 2018-2025 | TME

Tencent Music Entertainment Group quick ratio for the quarter ending March 31, 2025 was 1.83.

  • Tencent Music Entertainment Group average quick ratio for 2024 was 2.51, a 2.45% decline from 2023.
  • Tencent Music Entertainment Group average quick ratio for 2023 was 2.45, a 8.41% increase from 2022.
  • Tencent Music Entertainment Group average quick ratio for 2022 was 2.26, a 18.71% increase from 2021.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

Tencent Music Entertainment Group Quick Ratio 2018-2025 | TME

  • Tencent Music Entertainment Group average quick ratio for 2024 was 2.51, a 2.45% decline from 2023.
  • Tencent Music Entertainment Group average quick ratio for 2023 was 2.45, a 8.41% increase from 2022.
  • Tencent Music Entertainment Group average quick ratio for 2022 was 2.26, a 18.71% increase from 2021.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.