How much debt does Tencent have?

Tencent Holding long term debt for the quarter ending June 30, 2021 was $40.504B, a 62.79% increase year-over-year. Tencent Holding long term debt for 2020 was $33.936B, a 25.02% increase from 2019. Tencent Holding long term debt for 2019 was $27.143B, a 29.48% increase from 2018.

Does Tencent have debt?

Tencent Holdings Debt to Equity Ratio: 0.4536 for Sept. 30, 2022.

What is Tencent cost of debt?

700.HK WACC - Weighted Average Cost of Capital

The WACC of Tencent Holdings Ltd (700.HK) is 9.5%. The Cost of Equity of Tencent Holdings Ltd (700.HK) is 10.1%. The Cost of Debt of Tencent Holdings Ltd (700.HK) is 4.35%.

Is 50% debt-to-equity ratio good?

Generally, a good debt-to-equity ratio is anything lower than 1.0. A ratio of 2.0 or higher is usually considered risky. If a debt-to-equity ratio is negative, it means that the company has more liabilities than assets—this company would be considered extremely risky.

What is a good debt-to-equity ratio?

The optimal debt-to-equity ratio will tend to vary widely by industry, but the general consensus is that it should not be above a level of 2.0. While some very large companies in fixed asset-heavy industries (such as mining or manufacturing) may have ratios higher than 2, these are the exception rather than the rule.

100 People Tell Us How Much Debt They Have | Keep It 100 | Cut

Is Tencent bigger than Apple?

The Chinese tech titan led the industry in game-related revenue last year at USD 32.2 billion, well ahead of Sony's USD 18.2 billion and Apple's USD 15.3 billion, according to Dutch research firm Newzoo. This lead owes largely to Tencent's wide-ranging portfolio, which includes US, European, and South Korean companies.

Why is Tencent losing value?

Shares of the online gaming company have tumbled 64% in Hong Kong since a January 2021 peak, wiping $623 billion off its market value. That's more than any other firm globally, driven by concerns about Tencent's outlook after Beijing's yearlong regulatory crackdown.

Why is Tencent stock so low?

The stock plunge came after Tencent (TCEHY) reported revenue of 144.2 billion yuan ($22.6 billion) for the fourth quarter of 2021, up 8% from a year earlier. That's the slowest revenue growth since the company listed on the Hong Kong Stock Exchange in 2004.

How much debt is China in debt?

The total debt of China's LGFVs has swelled to a record 66 trillion yuan ($9.5 trillion), equivalent to half of the country's economy, from 57 trillion yuan last year, according to an International Monetary Fund (IMF) report last month.

Which country owns the most Chinese debt?

At the end of 2021, of the 98 countries for whom data was available, Pakistan ($27.4 billion of external debt to China), Angola (22.0 billion), Ethiopia (7.4 billion), Kenya (7.4 billion) and Sri Lanka (7.2 billion) held the biggest debts to China.

How much debt do we owe China?

US Treasurys Owned by China, in USD Billions

As of Jan. 2021, China owns $1.095 trillion of the total $28 trillion U.S. national debt.

What is the downfall of Tencent?

The decline in valuation has robbed the company of its title of China's biggest company, replaced by liquor giant Kweichow Moutai. Shares of Tencent have tumbled 64% in Hong Kong since a January 2021 peak, wiping $623 bn off its market value by September 2022.

Why did China suspend Tencent?

GUANGZHOU -- China's Tencent Holdings and other major gaming vendors in the country are shutting down their games nationwide on Tuesday in an apparent tribute to late President Jiang Zemin, amid Beijing's tightening oversight of the gaming industry.

What big Chinese company is in debt?

Evergrande was once China's largest developer by sales. But it had borrowed so heavily that when China cracked down on leverage in the property sector in 2020, it failed to raise enough cash to repay creditors and suppliers.

Is Tencent a good long term investment?

And even when calculating with rather cautious assumptions, Tencent still seems to be undervalued and a good long-term investment.

How much of Tencent is owned by China?

The gaming and social networking behemoth and the state-owned carrier have received regulatory approval to set up a joint venture, according to a government announcement. Following the transaction, Tencent and China Unicom will respectively own 42% and 47% of the firm.

What is the prediction of Tencent?

Stock Price Forecast

The 53 analysts offering 12-month price forecasts for Tencent Holdings Ltd have a median target of 53.65, with a high estimate of 74.70 and a low estimate of 31.85. The median estimate represents a +23.05% increase from the last price of 43.60.

Who owns the most Tencent stock?

Who is Tencent biggest competitors?

Who is buying Tencent?

China's government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says. The letter F. An envelope.

How much debt is healthy?

Using the 28/36 Rule. A common rule-of-thumb to calculate a reasonable debt load is the 28/36 rule. According to this rule, households should spend no more than 28% of their gross income on home-related expenses, including mortgage payments, homeowners insurance, and property taxes.

Does Disney have debt?

What Is Walt Disney's Debt? As you can see below, Walt Disney had US$48.4b of debt at December 2022, down from US$54.1b a year prior. However, it does have US$8.47b in cash offsetting this, leading to net debt of about US$39.9b.

Is a debt ratio of 75% bad?

A ratio of 15% or lower is healthy, and 20% or higher is considered a warning sign.