TCTZF (Tencent Holdings) Debt-to-Asset : 0.20 (As of Sep. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Tencent Holdings Debt-to-Asset?

Tencent Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8,020 Mil. Tencent Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $41,395 Mil. Tencent Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $243,550 Mil. Tencent Holdings's debt to asset for the quarter that ended in Sep. 2024 was 0.20.

Tencent Holdings Debt-to-Asset Historical Data

The historical data trend for Tencent Holdings's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tencent Holdings Debt-to-Asset Chart

Tencent Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.24

0.20

0.23

0.24

Tencent Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.24	0.24	0.23	0.22	0.20

Competitive Comparison of Tencent Holdings's Debt-to-Asset

For the Internet Content & Information subindustry, Tencent Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tencent Holdings's Debt-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tencent Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tencent Holdings's Debt-to-Asset falls into.

Tencent Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tencent Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(8662.502	+	43330.439)	/	220896.614
	=	0.24

Tencent Holdings's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(8020.492	+	41394.573)	/	243549.604
	=	0.20

Tencent Holdings (OTCPK:TCTZF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tencent Holdings Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Tencent Holdings's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Tencent Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Holdings Ltd (OTCPK:TCTZF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TCEHY:USA HTCD:Singapore TCEHY:Mexico 00700:Hong Kong 0LEA:UK 0Z4S:UK NNN:Germany NNND:Bulgaria NNND:Austria NNN1:Austria

Address

No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054

Website

http://www.tencent.com

Tencent holds a prominent position in China's internet sector, with a diverse portfolio of products and services used daily by a significant portion of the population. The company is the world's largest video game publisher and owns Honor of Kings, a top-grossing mobile game globally. Tencent also operates WeChat, China's largest social media super app, which has become deeply integrated into the daily lives of Chinese people for communication, entertainment, shopping, and more. Beyond its offerings, Tencent is a significant player in global venture capital and investment. The company holds substantial stakes in leading tech companies, including PDD, Kuaishou, and Epic Games.