TELEFONICA BRASIL ADR 1 (TSPA) — Capital Reinvestment Ratio
TELEFONICA BRASIL ADR 1 (TSPA) has a Capital Reinvestment Ratio of 0.47x as of December 2025, meaning it reinvests 0% of its operating cash flow (€5.14 Billion) in capital expenditures (€2.44 Billion). See TSPA net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TELEFONICA BRASIL ADR 1 Capital Reinvestment Ratio (2021–2025)
This chart tracks TELEFONICA BRASIL ADR 1's Capital Reinvestment Ratio across 5 annual periods. Check TSPA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for TELEFONICA BRASIL ADR 1 (2021–2025)
Year-by-year Capital Reinvestment Ratio for TELEFONICA BRASIL ADR 1 from 2021 to 2025. For live market cap and broader valuation context, see TSPA stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.46x | €20.72 Billion | €9.46 Billion | ▼ -2.7% |
| 2024 | 0.47x | €19.88 Billion | €9.32 Billion | ▲ +0.0% |
| 2023 | 0.47x | €18.79 Billion | €8.81 Billion | ▼ -10.2% |
| 2022 | 0.52x | €18.94 Billion | €9.89 Billion | ▲ +1.6% |
| 2021 | 0.51x | €18.07 Billion | €9.30 Billion | — |