The Current Ratio as of September 2024 (TTM) for Tencent Music Entertainment Group (TME) is 2.34

According to Tencent Music Entertainment Group’s latest financial reports and current stock price. The company's current Current Ratio is 2.34. This represents a change of -6.16% compared to the average of 2.49 of the last 4 quarters.

Tencent Music Entertainment Group (TME) Historical Current Ratio (quarterly & annually)

How has TME Current Ratio performed in the past?

The mean historical Current Ratio of Tencent Music Entertainment Group over the last ten years is 2.65. The current 2.34 Current Ratio has changed 8.71% with respect to the historical average. Over the past ten years (40 quarters), TME's Current Ratio was at its highest in in the September 2020 quarter at 3.48. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Tencent Music Entertainment Group (TME) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tencent Music Entertainment Group Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Tencent Music Entertainment Group (TME) Average Current Ratio

How has TME Current Ratio performed in the past?

The current Current Ratio of Tencent Music Entertainment Group (TME) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

Tencent Music Entertainment Group (TME) Current Ratio vs. Peers

How is TME’s Current Ratio compared to its peers?

Tencent Music Entertainment Group’s Current Ratio is greater than Baidu, Inc. (2.32), less than Twilio Inc. (5.57), greater than Spotify Technology S.A. (1.56), less than Weibo Corporation (2.34), greater than JOYY Inc. (1.35), less than DouYu International Holdings Limited (4.39), less than Autohome Inc. (5.84), less than Hello Group Inc. (2.55), less than Yelp Inc. (3.69), less than Zhihu Inc. (3.48), greater than Tencent Holdings Limited (1.35), less than Snap Inc. (3.98), greater than Alphabet Inc. (2.08), less than Pinterest, Inc. (9.50),

Build a custom stock screener for Tencent Music Entertainment Group (TME) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Tencent Music Entertainment Group using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Tencent Music Entertainment Group (TME) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tencent Music Entertainment Group or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.