Telefónica Balance Sheet Health
Financial Health criteria checks 2/6
Telefónica has a total shareholder equity of €31.2B and total debt of €38.3B, which brings its debt-to-equity ratio to 122.6%. Its total assets and total liabilities are €109.0B and €77.8B respectively. Telefónica's EBIT is €3.6B making its interest coverage ratio 2. It has cash and short-term investments of €7.3B.
Key information
122.6%
Debt to equity ratio
€38.25b
Debt
| Interest coverage ratio | 2x |
| Cash | €7.29b |
| Equity | €31.19b |
| Total liabilities | €77.78b |
| Total assets | €108.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFA's short term assets (€21.3B) do not cover its short term liabilities (€24.0B).
Long Term Liabilities: TFA's short term assets (€21.3B) do not cover its long term liabilities (€53.8B).
Debt to Equity History and Analysis
Debt Level: TFA's net debt to equity ratio (99.3%) is considered high.
Reducing Debt: TFA's debt to equity ratio has reduced from 231% to 122.6% over the past 5 years.
Debt Coverage: TFA's debt is well covered by operating cash flow (32.2%).
Interest Coverage: TFA's interest payments on its debt are not well covered by EBIT (2x coverage).