Tencent Music Entertainment GroupTMENYSE
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Current Ratio Over TimeNormalizing
Percentile Rank13
3Y CAGR-6.6%
5Y CAGR-8.0%
Year-over-Year Change
Current ratio (current assets / current liabilities)
3Y CAGR
-6.6%/yr
vs +4.9%/yr prior
5Y CAGR
-8.0%/yr
Consistent
Acceleration
-11.5pp
Decelerating
Percentile
P13
Within normal range
vs 5Y Ago
0.7x
Contraction
Streak
1 yr
Consecutive declineNormalizing
| Period | Value | YoY Change |
|---|---|---|
| 2024 | 2.09 | -16.2% |
| 2023 | 2.49 | +9.9% |
| 2022 | 2.27 | -11.6% |
| 2021 | 2.56 | -22.3% |
| 2020 | 3.30 | +4.1% |
| 2019 | 3.17 | -4.8% |
| 2018 | 3.33 | +57.3% |
| 2017 | 2.12 | +6.9% |
| 2016 | 1.98 | - |