Tencent Holdings Limited (TCEHY) Debt to Equity Ratio: 0.35
Is Tencent Holdings Limited’s debt to equity ratio high or low?
Tencent Holdings Limited's debt to equity ratio of 0.35 is 15% below its 5-year average of 0.41, near the low end of its 5-year range (0.35–0.50).
As of Thursday, June 11, 2026. 2.78% below its 12-month average of 0.36.
TCEHY Debt to Equity Ratio Chart
TCEHY Average Debt to Equity Ratio Chart
TCEHY Current vs Average Debt to Equity Ratio Chart
TCEHY Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.35
DEBT TO EQUITY RATIO AVG TTM
0.36
DEBT TO EQUITY RATIO AVG 3Y
0.42
DEBT TO EQUITY RATIO AVG 5Y
0.41
DEBT TO EQUITY RATIO AVG 10Y
0.48
DEBT TO EQUITY RATIO AVG 15Y
0.40
DEBT TO EQUITY RATIO AVG 20Y
0.31
CURRENT VS TTM AVG
-2.78%
CURRENT VS 3Y AVG
-16.67%
CURRENT VS 5Y AVG
-14.63%
CURRENT VS 10Y AVG
-26.67%
CURRENT VS 15Y AVG
-13.18%
CURRENT VS 20Y AVG
+12.39%
TCEHY Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tencent Holdings Limited (TCEHY) | $534.75B | 0.35 | 0.36 | 0.42 | 0.41 |
| Netflix, Inc. (NFLX) | $340.48B | 0.54 | 0.64 | 0.69 | 0.93 |
| T-Mobile US, Inc. (TMUS) | $202.64B | 2.07 | 1.96 | 1.82 | 1.75 |
| Verizon Communications Inc. (VZ) | $199.15B | 1.92 | 1.81 | 1.86 | 1.97 |
| The Walt Disney Company (DIS) | $171.33B | 0.41 | 0.45 | 0.49 | 0.56 |
| AT&T Inc. (T) | $161.27B | 1.57 | 1.46 | 1.50 | 1.38 |
| Spotify Technology S.A. (SPOT) | $100.54B | 0.28 | 0.32 | 0.50 | 0.51 |
| Comcast Corporation (CMCSA) | $85.68B | 1.14 | 1.15 | 1.21 | 1.19 |
| Electronic Arts Inc. (EA) | $50.92B | 0.22 | 0.28 | 0.28 | 0.27 |
| Reddit, Inc. (RDDT) | $32.03B | 0.01 | 0.01 | 0.01 | 0.02 |
Financial Health
Debt/Equity
0.35
Current Ratio
1.44
Tencent Holdings Limited Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tencent Holdings Limited Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Tencent Holdings Limited (TCEHY)?
- The debt to equity ratio for TCEHY stock is 0.35.
- Is Tencent Holdings Limited's debt to equity ratio high or low?
- Tencent Holdings Limited's debt to equity ratio of 0.35 is 15% below its 5-year average of 0.41, near the low end of its 5-year range (0.35–0.50).
- What is the TTM average debt to equity ratio for Tencent Holdings Limited (TCEHY)?
- The TTM average debt to equity ratio for TCEHY stock is 0.36.
- What is the 3Y average debt to equity ratio for Tencent Holdings Limited (TCEHY)?
- The 3Y average debt to equity ratio for TCEHY stock is 0.42.
- What is the 5Y average debt to equity ratio for Tencent Holdings Limited (TCEHY)?
- The 5Y average debt to equity ratio for TCEHY stock is 0.41.
- What is the 10Y average debt to equity ratio for Tencent Holdings Limited (TCEHY)?
- The 10Y average debt to equity ratio for TCEHY stock is 0.48.
- What is the 15Y average debt to equity ratio for Tencent Holdings Limited (TCEHY)?
- The 15Y average debt to equity ratio for TCEHY stock is 0.40.
- What is the 20Y average debt to equity ratio for Tencent Holdings Limited (TCEHY)?
- The 20Y average debt to equity ratio for TCEHY stock is 0.31.
Tencent Holdings Limited Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.35 |
| 2024-12-31 | 0.37 |
| 2023-12-31 | 0.46 |
| 2022-12-31 | 0.50 |
| 2021-12-31 | 0.40 |
| 2020-12-31 | 0.38 |
| 2019-12-31 | 0.54 |
| 2018-12-31 | 0.55 |
| 2017-12-31 | 0.52 |
| 2016-12-31 | 0.63 |
| 2015-12-31 | 0.55 |
| 2014-12-31 | 0.44 |
| 2013-12-31 | 0.26 |
| 2012-12-31 | 0.26 |
| 2011-12-31 | 0.00 |
| 2010-12-31 | 0.24 |
| 2009-12-31 | 0.02 |
| 2008-12-31 | 0.00 |
| 2007-12-31 | 0.06 |
| 2006-12-31 | 0.01 |
| 2005-12-31 | 0.00 |
| 2004-12-31 | 0.00 |
| 2003-12-31 | 0.00 |
Related Metrics
About Tencent Holdings Limited
Tencent Holdings Limited is an investment holding company that specializes in providing a wide array of value-added services (VAS) and online advertising solutions, operating both within Mainland China and across international markets. The company's diverse business operations are structured into several key segments: Value-Added Services (VAS), Online Advertising, FinTech and Business Services, and other various ventures. Tencent's offerings encompass popular online games, extensive social networking platforms, cutting-edge FinTech and cloud computing solutions, and comprehensive digital advertising services. Beyond these core areas, the company is also actively involved in the production, investment, and distribution of films and television programs for external clients, alongside managing copyright licensing, merchandise sales, and related activities. Further expanding its technological and entertainment footprint, Tencent develops proprietary software, operates its significant online gaming portfolio, and delivers services in information technology, system integration, and asset management. Its cultural ventures extend to online literature and digital music entertainment platforms. Established in 1998, Tencent Holdings maintains its headquarters in Shenzhen, People's Republic of China.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Huateng Ma