Tencent Music Entertainment Group (TME) - Total Liabilities
Based on the latest financial reports, Tencent Music Entertainment Group (TME) has total liabilities worth $19.44 Billion USD as of September 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. Explore TME strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Tencent Music Entertainment Group - Total Liabilities Trend (2016–2024)
This chart illustrates how Tencent Music Entertainment Group's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see TME total asset value.
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 |
|---|---|---|
|
Pegasystems Inc
NASDAQ:PEGA
|
USA | $823.66 Million |
|
Matson Inc
NYSE:MATX
|
USA | $1.85 Billion |
|
YASKAWA ELEC. UNSP. ADR 2
F:YEC0
|
Germany | €296.83 Billion |
|
Guangzhou Automobile Group Co Ltd Class A
SHG:601238
|
China | CN¥96.48 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥671.14 Million |
|
Dutch Bros Inc
NYSE:BROS
|
USA | $2.18 Billion |
|
West Fraser Timber Co Ltd
TO:WFG
|
Canada | CA$2.03 Billion |
|
Hangzhou First PV Material Co Ltd
SHG:603806
|
China | CN¥4.60 Billion |
Liability Composition Analysis (2016–2024)
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. See TME equity financing ratio to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.08 | 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 | 0.23 | 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 (2016–2024)
The table below shows the annual total liabilities of Tencent Music Entertainment Group from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $20.72 Billion | +13.00% |
| 2023-12-31 | $18.33 Billion | +2.53% |
| 2022-12-31 | $17.88 Billion | +10.39% |
| 2021-12-31 | $16.20 Billion | +4.23% |
| 2020-12-31 | $15.54 Billion | +1102.10% |
| 2019-12-31 | $1.29 Billion | -81.08% |
| 2018-12-31 | $6.83 Billion | +77.39% |
| 2017-12-31 | $3.85 Billion | +32.78% |
| 2016-12-31 | $2.90 Billion | -- |
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 offers 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 mu… Read more