Telefónica S.A (TEFN) — Capital Reinvestment Ratio
Telefónica S.A (TEFN) has a Capital Reinvestment Ratio of 0.46x as of September 2023, meaning it reinvests 0% of its operating cash flow (MX$2.95 Billion) in capital expenditures (MX$1.36 Billion). Check tangible equity quality of Telefónica S.A to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Telefónica S.A Capital Reinvestment Ratio (2013–2022)
This chart tracks Telefónica S.A's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Telefónica S.A (TEFN) cash flow conversion.
Annual Capital Reinvestment Ratio for Telefónica S.A (2013–2022)
Year-by-year Capital Reinvestment Ratio for Telefónica S.A from 2013 to 2022. See TEFN free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (MXN) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2022 | 0.54x | MX$11.76 Billion | MX$6.35 Billion | ▼ -17.6% |
| 2021 | 0.66x | MX$10.27 Billion | MX$6.73 Billion | ▲ +14.8% |
| 2020 | 0.57x | MX$13.20 Billion | MX$7.53 Billion | ▲ +1.9% |
| 2019 | 0.56x | MX$15.02 Billion | MX$8.41 Billion | ▼ -14.4% |
| 2018 | 0.65x | MX$13.42 Billion | MX$8.78 Billion | ▼ -1.3% |
| 2017 | 0.66x | MX$13.80 Billion | MX$9.14 Billion | ▼ -3.8% |
| 2016 | 0.69x | MX$13.34 Billion | MX$9.19 Billion | ▼ -10.8% |
| 2015 | 0.77x | MX$13.62 Billion | MX$10.51 Billion | ▲ +2.3% |
| 2014 | 0.75x | MX$12.19 Billion | MX$9.21 Billion | ▲ +32.1% |
| 2013 | 0.57x | MX$14.34 Billion | MX$8.20 Billion | — |