Tencent Music Entertainment Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Tencent Music Entertainment Group's balance sheet done over the years? Its assets were worth $75,536,000,000 last year, which is more than in the previous period. 24% of Tencent Music Entertainment Groupโs total assets is currently financed by debt. Its liabilities reached the amount of $18,334,000,000, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2016 | 23535000000 | 2.90B | 12.33% |
|---|---|---|---|
| 2017 | 30000000000 | 3.85B | 12.84% |
| 2018 | 44605000000 | 6.83B | 15.32% |
| 2019 | 52678000000 | 9B | 17.08% |
| 2020 | 68273000000 | 15.54B | 22.76% |
| 2021 | 67254000000 | 16.19B | 24.09% |
| 2022 | 67009000000 | 17.88B | 26.69% |
| 2023 | 75536000000 | 18.33B | 24.27% |
TME Balance Sheet (2016 โ 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 13.56B | 9.55B | 6.59B | 11.12B | 15.42B | 17.35B | 5.17B | 3.07B |
Short term investments | 9.97B | 11.32B | 13.83B | 14.89B | 7.04B | 81M | 0 | 261M |
Net receivables | 2.91B | 2.67B | 3.61B | 2.8B | 2.19B | 1.48B | 1.30B | 809M |
Inventory | 8M | 14M | 24M | 18M | 26M | 35M | 30M | 14M |
Other current assets | 3.46B | 2.95B | 56M | 53M | 85M | 55M | 961M | 35M |
Total current assets | 29.93B | 26.55B | 26.79B | 31.68B | 26.91B | 20.77B | 7.46B | 4.99B |
Non-current assets: | ||||||||
Property, Plant and Equipment | 857M | 721M | 526M | 487M | 327M | 168M | 127M | 108M |
Goodwill | 19.54B | 19.49B | 19.12B | 17.49B | 17.14B | 17.08B | 16.26B | 15.76B |
Intangible assets | 4.46B | 4.84B | 4.32B | 2.02B | 1.62B | 1.76B | 1.71B | 2.00B |
Long term investments | 19.84B | 14.33B | 15.40B | 15.32B | 5.66B | 3.78B | 4.11B | 302M |
Other non-current assets | 892M | 709M | 743M | 956M | 816M | 901M | 204M | 272M |
Total non-current assets | 45.6B | 40.45B | 40.46B | 36.58B | 25.76B | 23.82B | 22.53B | 18.53B |
Total assets | 75.53B | 67.00B | 67.25B | 68.27B | 52.67B | 44.60B | 30B | 23.53B |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 0 | 2.17B | 1.83B | 1.60B | 1.69B | 1.53B | 1.04B | 415M |
Short term debt | 115M | 123M | 92M | 103M | 69M | 338M | 0 | 74M |
Total current liabilities | 12.01B | 11.71B | 10.45B | 9.60B | 8.49B | 6.23B | 3.52B | 2.52B |
| Non-current liabilities: | ||||||||
Long term debt | 5.93B | 5.84B | 5.26B | 5.39B | 78M | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 6M | 125M | 204M | 68M | 201M | 0 | 28M |
Total non-current liabilities | 6.32B | 6.16B | 5.74B | 5.94B | 510M | 595M | 325M | 378M |
Total liabilities | 18.33B | 17.88B | 16.19B | 15.54B | 9B | 6.83B | 3.85B | 2.90B |
| Data source | Data source | Data source | Data source | Data source | Data source |