Telefónica Balance Sheet Health
Financial Health criteria checks 2/6
Telefónica has a total shareholder equity of €31.7B and total debt of €39.1B, which brings its debt-to-equity ratio to 123.2%. Its total assets and total liabilities are €109.6B and €77.9B respectively. Telefónica's EBIT is €3.3B making its interest coverage ratio 2.2. It has cash and short-term investments of €7.7B.
Key information
123.2%
Debt to equity ratio
€39.08b
Debt
| Interest coverage ratio | 2.2x |
| Cash | €7.66b |
| Equity | €31.71b |
| Total liabilities | €77.93b |
| Total assets | €109.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEF1 N's short term assets (€22.6B) do not cover its short term liabilities (€23.1B).
Long Term Liabilities: TEF1 N's short term assets (€22.6B) do not cover its long term liabilities (€54.8B).
Debt to Equity History and Analysis
Debt Level: TEF1 N's net debt to equity ratio (99.1%) is considered high.
Reducing Debt: TEF1 N's debt to equity ratio has reduced from 209.4% to 123.2% over the past 5 years.
Debt Coverage: TEF1 N's debt is well covered by operating cash flow (30.1%).
Interest Coverage: TEF1 N's interest payments on its debt are not well covered by EBIT (2.2x coverage).