Tencent Historical Balance Sheet
TME Stock | USD 14.38 0.36 2.44% |
Trend analysis of Tencent Music Entertainment balance sheet accounts such as Total Current Liabilities of 9.9 B, Total Stockholder Equity of 49.2 B, Other Liabilities of 484.3 M or Net Tangible Assets of 21.7 B provides information on Tencent Music's total assets, liabilities, and equity, which is the actual value of Tencent Music Entert to its prevalent stockholders. By breaking down trends over time using Tencent Music balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Tencent Music Entert latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tencent Music Entert is a good buy for the upcoming year.
Tencent Music Inventory |
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About Tencent Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Tencent Music Entert at a specified time, usually calculated after every quarter, six months, or one year. Tencent Music Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tencent Music and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tencent currently owns. An asset can also be divided into two categories, current and non-current.
Tencent Music Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Tencent Music assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tencent Music Entert books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Tencent Music balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tencent Music Entertainment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Tencent Music's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tencent Music Entert current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, Tencent Music's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 9.5 B, whereas Short and Long Term Debt Total is forecasted to decline to about 3.4 B.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 6.0B | 6.0B | 3.9B | 3.4B | Total Assets | 67.0B | 75.5B | 90.4B | 63.5B |
Tencent Music balance sheet Correlations
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Tencent Music Account Relationship Matchups
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Tencent Music balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 68.3B | 67.3B | 67.0B | 75.5B | 90.4B | 63.5B | |
Short Long Term Debt Total | 5.5B | 5.4B | 6.0B | 6.0B | 3.9B | 3.4B | |
Other Current Liab | 3.8B | 3.7B | 6.1B | 6.1B | 7.4B | 4.4B | |
Total Current Liabilities | 9.6B | 10.5B | 11.7B | 12.0B | 16.6B | 9.9B | |
Total Stockholder Equity | 52.2B | 50.3B | 48.1B | 55.9B | 67.9B | 49.2B | |
Other Liab | 432M | 547M | 482M | 323M | 371.5M | 484.3M | |
Net Tangible Assets | 24.8B | 32.7B | 26.9B | 23.8B | 27.3B | 21.7B | |
Property Plant And Equipment Net | 487M | 526M | 721M | 857M | 1.1B | 1.2B | |
Current Deferred Revenue | 1.6B | 1.8B | 2.2B | 3.1B | 3.5B | 1.8B | |
Net Debt | (5.6B) | (1.2B) | (3.6B) | (7.5B) | (9.3B) | (9.7B) | |
Retained Earnings | 11.1B | 14.2B | 12.1B | 17.2B | 20.1B | 10.5B | |
Accounts Payable | 3.6B | 4.3B | 5.0B | 5.0B | 9.0B | 9.5B | |
Cash | 11.1B | 6.6B | 9.6B | 13.6B | 13.2B | 11.6B | |
Non Current Assets Total | 36.6B | 40.5B | 40.5B | 45.6B | 55.9B | 37.8B | |
Non Currrent Assets Other | 956M | 743M | 709M | 892M | 847M | 774.9M | |
Other Assets | 1.0B | 1.3B | 1.1B | 7.6B | 8.7B | 9.2B | |
Long Term Debt | 5.2B | 5.1B | 5.5B | 5.6B | 6.5B | 6.8B | |
Cash And Short Term Investments | 26.0B | 20.4B | 20.9B | 23.5B | 27.2B | 20.3B | |
Net Receivables | 2.8B | 3.6B | 2.7B | 2.9B | 3.5B | 2.6B | |
Good Will | 17.5B | 19.1B | 19.5B | 19.5B | 19.6B | 19.7B | |
Common Stock Shares Outstanding | 1.7B | 3.4B | 3.2B | 3.2B | 3.1B | 2.6B | |
Short Term Investments | 14.9B | 13.8B | 11.3B | 10.0B | 14.0B | 8.7B | |
Long Term Debt Total | 78M | 5.4B | 5.3B | 5.8B | 6.7B | 7.1B | |
Liabilities And Stockholders Equity | 68.3B | 67.3B | 67.0B | 75.5B | 90.4B | 63.5B | |
Non Current Liabilities Total | 5.9B | 5.7B | 6.2B | 6.3B | 4.2B | 3.7B | |
Capital Surpluse | 34.4B | 35.0B | 36.2B | 36.5B | 41.9B | 34.6B | |
Capital Lease Obligations | 321M | 297M | 429M | 412M | 473.8M | 497.5M | |
Inventory | 26M | 18M | 24M | 8M | 23M | 17.1M | |
Other Current Assets | 2.7B | 2.5B | 2.7B | 3.5B | 3.8B | 4.0B | |
Other Stockholder Equity | 34.8B | 32.4B | 29.9B | 29.1B | 28.5B | 32.6B | |
Total Liab | 15.5B | 16.2B | 17.9B | 18.3B | 20.7B | 13.6B | |
Long Term Investments | 15.3B | 15.4B | 14.3B | 19.8B | 22.8B | 24.0B | |
Property Plant And Equipment Gross | 487M | 526M | 721M | 1.3B | 1.5B | 1.6B | |
Total Current Assets | 31.7B | 26.8B | 26.6B | 29.9B | 34.5B | 25.6B | |
Accumulated Other Comprehensive Income | 6.3B | 3.7B | 6.1B | 9.7B | 19.3B | 20.3B | |
Cash And Equivalents | 9.8B | 6.5B | 20M | 9.6B | 11.0B | 11.5B | |
Short Term Debt | 103M | 92M | 123M | 115M | 106M | 111.0M | |
Intangible Assets | 2.0B | 4.3B | 4.8B | 4.5B | 4.4B | 3.3B | |
Property Plant Equipment | 327M | 487M | 526M | 3.2B | 3.7B | 3.9B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.53 | Dividend Share 1.314 | Earnings Share 0.58 | Revenue Per Share | Quarterly Revenue Growth 0.082 |
The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.