Balance Sheet Data
Tencent Music Entertainment Group (TME)
$8.67
-0.33 (-3.67%)
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Total Cash | 5,174 | 17,437 | 22,470 | 26,023 | 20,426 | 31,543.76 | 41,689.27 | 55,097.90 | 72,819.19 | 96,240.24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 1,220 | 1,511 | 2,248 | 2,839 | 3,610 | 4,063.25 | 5,370.12 | 7,097.33 | 9,380.06 | 12,397 |
| Account Receivables (%) | ||||||||||
| Inventories | 30 | 35 | 26 | 18 | 24 | 57.67 | 76.22 | 100.74 | 133.14 | 175.96 |
| Inventories (%) | ||||||||||
| Accounts Payable | 1,045 | 1,830 | 2,559 | 3,565 | 4,329 | 4,567.10 | 6,036.03 | 7,977.41 | 10,543.21 | 13,934.25 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -77 | -144 | -286 | -501 | -336.08 | -444.18 | -587.04 | -775.85 | -1,025.40 | -1,355.20 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.