Tencent Music Entertainment Group (63TA) — Defensive Interval Ratio
Tencent Music Entertainment Group (63TA) has a Defensive Interval Ratio of 267 days as of March 2026. Defensive assets of €12.15 Billion (cash €-, short-term investments €8.33 Billion, receivables €3.83 Billion) cover 267 days of daily cash needs of €45.54 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tencent Music Entertainment Group Defensive Interval Ratio (2018–2025)
This chart shows how Tencent Music Entertainment Group's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 267 days, meaning defensive assets of €12.15 Billion can fund 267 days of operations without new revenue. For the complete balance sheet picture, see Tencent Music Entertainment Group total assets.
Annual Defensive Interval Ratio for Tencent Music Entertainment Group (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tencent Music Entertainment Group from 2018 to 2025, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Tencent Music Entertainment Group (63TA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 494 days | €19.75 Billion | €39.97 Million/day | €- | €15.85 Billion | ▲ +107 days |
| 2024 | 387 days | €17.55 Billion | €45.34 Million/day | €- | €14.04 Billion | ▼ -5 days |
| 2023 | 392 days | €12.89 Billion | €32.92 Million/day | €- | €9.97 Billion | ▼ -44 days |
| 2022 | 436 days | €14.00 Billion | €32.10 Million/day | €- | €11.33 Billion | ▼ -173 days |
| 2021 | 609 days | €17.45 Billion | €28.63 Million/day | €- | €13.84 Billion | ▼ -70 days |
| 2020 | 680 days | €17.88 Billion | €26.31 Million/day | €- | €14.89 Billion | ▲ +274 days |
| 2019 | 406 days | €9.45 Billion | €23.26 Million/day | €- | €7.04 Billion | ▲ +315 days |
| 2018 | 92 days | €1.56 Billion | €17.09 Million/day | €- | €81.00 Million | — |