Tencent Music Entertainment Group's quarterly Total Liabilities
declined
from Sep. 2025 (MXN50,043.22 Mil) to Dec. 2025 (MXN49,779.50 Mil) but then
increased
from Dec. 2025 (MXN49,779.50 Mil) to Mar. 2026 (MXN59,447.92 Mil).
Tencent Music Entertainment Group's annual Total Liabilities
increased
from Dec. 2023 (MXN43,585.03 Mil) to Dec. 2024 (MXN59,347.10 Mil) but then
declined
from Dec. 2024 (MXN59,347.10 Mil) to Dec. 2025 (MXN49,779.50 Mil).
Tencent Music Entertainment Group Total Liabilities Related Terms
Tencent Music Entertainment Group Total Liabilities Historical Data
* 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.
Tencent Music Entertainment Group Total Liabilities Chart
Tencent Music Entertainment Group Total Liabilities Calculation
Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.
* 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.
What does a Total Liabilities of MXN59,448 Mil mean?
Tencent Music Entertainment Group (MEX:TMEN) has a Total Liabilities of MXN59,448 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Tencent Music Entertainment Group and its competitors.
Is Tencent Music Entertainment Group's Total Liabilities too high?
Tencent Music Entertainment Group's current Total Liabilities is MXN59,448 Mil. Overall, Tencent Music Entertainment Group has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's Total Liabilities compare to PINS and SNAP?
Tencent Music Entertainment Group's Total Liabilities of MXN59,448 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for an Interactive Media company?
A good Total Liabilities depends on the Interactive Media industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Tencent Music Entertainment Group and its competitors. Tencent Music Entertainment Group's current Total Liabilities is MXN59,448 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Music Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Tencent Music Entertainment Group (MEX:TMEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN270.92, compared to a current price of MXN145.80 — trading 46.2% below its estimated fair value. The current Total Liabilities is MXN59,448 Mil. Tencent Music Entertainment Group's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current Total Liabilities is MXN59,448 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tencent Music Entertainment Group (MEX:TMEN) Overvalued in 2026?
Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued.
The current stock price of MXN145.80 is trading 46.2% below its estimated GF Value™ of MXN270.92.
GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.
Key valuation signals for MEX:TMEN:
Total Liabilities: MXN59,448 Mil
GF Value™: MXN270.92 vs. price of MXN145.80 (46.2% below fair value)
No single metric tells the full story. See the MEX:TMEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tencent Music Entertainment Group Business Description
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
78GF Score
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