Tencent Music Entertainment Group (63TA) - Total Liabilities
Based on the latest financial reports, Tencent Music Entertainment Group (63TA) has total liabilities worth €19.47 Billion EUR (≈ $22.76 Billion USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore Tencent Music Entertainment Group equity growth rate to track the company's year-over-year net asset growth rate.
Tencent Music Entertainment Group - Total Liabilities Trend (2018–2025)
This chart illustrates how Tencent Music Entertainment Group's total liabilities have evolved over time, based on quarterly financial data. See Tencent Music Entertainment Group (63TA) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Tencent Music Entertainment Group Competitors by Total Liabilities
The table below lists competitors of Tencent Music Entertainment Group ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ringkjoebing Landbobank A/S
CO:RILBA
|
Denmark | Dkr74.74 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥7.81 Billion |
|
Chailease Holding Co Ltd
TW:5871
|
Taiwan | NT$780.63 Billion |
|
Enel Chile S.A
SN:ENELCHILE
|
Chile | CL$7.10 Billion |
|
Acm Research Inc
NASDAQ:ACMR
|
USA | $982.43 Million |
|
TG Therapeutics Inc
NASDAQ:TGTX
|
USA | $945.71 Million |
|
Essent Group Ltd
NYSE:ESNT
|
USA | $1.61 Billion |
|
Mueller Industries Inc
NYSE:MLI
|
USA | $581.53 Million |
Liability Composition Analysis (2018–2025)
This chart breaks down Tencent Music Entertainment Group's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see 63TA company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.22 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.24 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.19 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Tencent Music Entertainment Group's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Tencent Music Entertainment Group (2018–2025)
The table below shows the annual total liabilities of Tencent Music Entertainment Group from 2018 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | €19.47 Billion ≈ $22.76 Billion |
-6.01% |
| 2024-12-31 | €20.72 Billion ≈ $24.22 Billion |
+13.00% |
| 2023-12-31 | €18.33 Billion ≈ $21.43 Billion |
+2.53% |
| 2022-12-31 | €17.88 Billion ≈ $20.91 Billion |
+10.39% |
| 2021-12-31 | €16.20 Billion ≈ $18.94 Billion |
+4.23% |
| 2020-12-31 | €15.54 Billion ≈ $18.17 Billion |
+72.69% |
| 2019-12-31 | €9.00 Billion ≈ $10.52 Billion |
+31.71% |
| 2018-12-31 | €6.83 Billion ≈ $7.99 Billion |
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About Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as … Read more