TELEFONICA BRASIL ADR 1 Capital Reinvestment Ratio
TELEFONICA BRASIL ADR 1 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 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of TELEFONICA BRASIL ADR 1 (2021–2025)
Capital reinvestment ratio of TELEFONICA BRASIL ADR 1 from 2021 to 2025. This chart tracks TELEFONICA BRASIL ADR 1's Capital Reinvestment Ratio across 5 annual periods. See TELEFONICA BRASIL ADR 1 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
TELEFONICA BRASIL ADR 1 Capital Reinvestment Ratio by Year (2021–2025)
TELEFONICA BRASIL ADR 1 capital reinvestment ratio by year from 2021 to 2025. For the full cash flow conversion analysis, see TSPA operating cash flow.
| 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 | — |