Tencent Music Entertainment Group
HKEX:1698
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Tencent Music Entertainment Group
HKEX:1698
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Bidvest Group Ltd
XMUN:NQL1
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ZA |
Bankruptcy Probability
Tencent Music Entertainment Group's probability of bankruptcy is 1.1%, making a collapse highly unlikely. The solvency score is 78/100 — a strong indicator of financial stability.
We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Tencent Music Entertainment Group Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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| CN |
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Tencent Music Entertainment Group
NYSE:TME
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13.1B USD |
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| US |
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Netflix Inc
NASDAQ:NFLX
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366.4B USD |
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| US |
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Walt Disney Co
NYSE:DIS
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185.2B USD |
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| LU |
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Spotify Technology SA
NYSE:SPOT
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90B USD |
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| US |
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Warner Bros Discovery Inc
NASDAQ:WBD
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67.6B USD |
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| NL |
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Universal Music Group NV
AEX:UMG
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37.7B EUR |
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| US |
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Live Nation Entertainment Inc
NYSE:LYV
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39.8B USD |
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| US |
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TKO Group Holdings Inc
NYSE:TKO
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36.9B USD |
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| US |
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Roku Inc
NASDAQ:ROKU
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18.3B USD |
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| FR |
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Bollore SE
PAR:BOL
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14.7B EUR |
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| US |
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Warner Music Group Corp
NASDAQ:WMG
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17.4B USD |
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Tencent Music Entertainment Group's probability of bankruptcy is 1%, making a collapse highly unlikely.
The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Tencent Music Entertainment Group has total debt of 3.7B CNY. This includes both short-term (0 CNY) and long-term (3.7B CNY) debt.
You can find a full breakdown on its Balance Sheet.
