Telefonica Brasil SA ADR Capital Reinvestment Ratio
Telefonica Brasil SA ADR capital reinvestment ratio. Telefonica Brasil SA ADR (VIV) has a Capital Reinvestment Ratio of 0.44x as of June 2026, meaning it reinvests 0% of its operating cash flow ($5.35 Billion) in capital expenditures ($2.35 Billion). See Telefonica Brasil SA ADR (VIV) FCF generation index 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 SA ADR (1998–2025)
Capital reinvestment ratio of Telefonica Brasil SA ADR from 1998 to 2025. This chart tracks Telefonica Brasil SA ADR's Capital Reinvestment Ratio across 28 annual periods. See Telefonica Brasil SA ADR financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Telefonica Brasil SA ADR Capital Reinvestment Ratio by Year (1998–2025)
Telefonica Brasil SA ADR capital reinvestment ratio by year from 1998 to 2025. For the full cash flow conversion analysis, see VIV cash generation efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | 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 | ▲ +20.0% |
| 2020 | 0.43x | $19.34 Billion | $8.29 Billion | ▼ -14.1% |
| 2019 | 0.50x | $17.72 Billion | $8.84 Billion | ▼ -30.1% |
| 2018 | 0.71x | $11.94 Billion | $8.52 Billion | ▲ +7.8% |
| 2017 | 0.66x | $12.64 Billion | $8.37 Billion | ▲ +1.4% |
| 2016 | 0.65x | $11.44 Billion | $7.47 Billion | ▲ +0.7% |
| 2015 | 0.65x | $10.47 Billion | $6.79 Billion | ▼ -19.2% |
| 2014 | 0.80x | $9.38 Billion | $7.54 Billion | ▲ +31.7% |
| 2013 | 0.61x | $9.58 Billion | $5.84 Billion | ▲ +30.4% |
| 2012 | 0.47x | $9.73 Billion | $4.55 Billion | ▼ -18.2% |
| 2011 | 0.57x | $8.14 Billion | $4.65 Billion | ▲ +21.8% |
| 2010 | 0.47x | $4.53 Billion | $2.13 Billion | ▼ -10.9% |
| 2009 | 0.53x | $4.41 Billion | $2.32 Billion | ▲ +28.5% |
| 2008 | 0.41x | $5.13 Billion | $2.10 Billion | ▼ -2.7% |
| 2007 | 0.42x | $4.73 Billion | $1.99 Billion | ▲ +22.5% |
| 2006 | 0.34x | $5.00 Billion | $1.72 Billion | ▲ +13.7% |
| 2005 | 0.30x | $5.54 Billion | $1.67 Billion | ▲ +26.6% |
| 2004 | 0.24x | $5.61 Billion | $1.34 Billion | ▼ -10.0% |
| 2003 | 0.27x | $4.96 Billion | $1.32 Billion | ▼ -22.6% |
| 2002 | 0.34x | $4.57 Billion | $1.57 Billion | ▼ -71.1% |
| 2001 | 1.19x | $3.77 Billion | $4.48 Billion | ▼ -25.6% |
| 2000 | 1.60x | $2.64 Billion | $4.22 Billion | ▲ +49.9% |
| 1999 | 1.06x | $2.69 Billion | $2.86 Billion | ▼ -12.2% |
| 1998 | 1.21x | $2.14 Billion | $2.59 Billion | — |