Telefónica Balance Sheet Health
Financial Health criteria checks 2/6
Telefónica has a total shareholder equity of €24.8B and total debt of €38.3B, which brings its debt-to-equity ratio to 154.6%. Its total assets and total liabilities are €101.8B and €77.1B respectively. Telefónica's EBIT is €2.6B making its interest coverage ratio 1.5. It has cash and short-term investments of €5.3B.
Key information
154.6%
Debt to equity ratio
€38.28b
Debt
| Interest coverage ratio | 1.5x |
| Cash | €5.27b |
| Equity | €24.75b |
| Total liabilities | €77.06b |
| Total assets | €101.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1TEF's short term assets (€20.7B) do not cover its short term liabilities (€24.2B).
Long Term Liabilities: 1TEF's short term assets (€20.7B) do not cover its long term liabilities (€52.9B).
Debt to Equity History and Analysis
Debt Level: 1TEF's net debt to equity ratio (133.4%) is considered high.
Reducing Debt: 1TEF's debt to equity ratio has reduced from 213.9% to 154.6% over the past 5 years.
Debt Coverage: 1TEF's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 1TEF's interest payments on its debt are not well covered by EBIT (1.5x coverage).