Telefônica Brasil S.A. (VIVT3) — Capital Reinvestment Ratio
Telefônica Brasil S.A. (VIVT3) has a Capital Reinvestment Ratio of 0.51x as of September 2025, meaning it reinvests 1% of its operating cash flow (R$4.61 Billion) in capital expenditures (R$2.36 Billion). See net asset quality index of Telefônica Brasil S.A. to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Telefônica Brasil S.A. Capital Reinvestment Ratio (1998–2024)
This chart tracks Telefônica Brasil S.A.'s Capital Reinvestment Ratio across 27 annual periods. Check total reinvestment intensity of Telefônica Brasil S.A. to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Telefônica Brasil S.A. (1998–2024)
Year-by-year Capital Reinvestment Ratio for Telefônica Brasil S.A. from 1998 to 2024. For live market cap and broader valuation context, see VIVT3 stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.47x | R$19.88 Billion | R$9.32 Billion | ▲ +0.0% |
| 2023 | 0.47x | R$18.79 Billion | R$8.81 Billion | ▼ -10.2% |
| 2022 | 0.52x | R$18.94 Billion | R$9.89 Billion | ▲ +1.6% |
| 2021 | 0.51x | R$18.07 Billion | R$9.30 Billion | ▲ +20.0% |
| 2020 | 0.43x | R$19.34 Billion | R$8.29 Billion | ▼ -14.1% |
| 2019 | 0.50x | R$17.72 Billion | R$8.84 Billion | ▼ -30.1% |
| 2018 | 0.71x | R$11.94 Billion | R$8.52 Billion | ▲ +7.8% |
| 2017 | 0.66x | R$12.64 Billion | R$8.37 Billion | ▲ +1.4% |
| 2016 | 0.65x | R$11.44 Billion | R$7.47 Billion | ▼ -4.9% |
| 2015 | 0.69x | R$9.90 Billion | R$6.79 Billion | ▼ -14.5% |
| 2014 | 0.80x | R$9.38 Billion | R$7.54 Billion | ▲ +31.7% |
| 2013 | 0.61x | R$9.58 Billion | R$5.84 Billion | ▲ +34.8% |
| 2012 | 0.45x | R$10.05 Billion | R$4.55 Billion | ▼ -20.9% |
| 2011 | 0.57x | R$8.14 Billion | R$4.65 Billion | ▲ +21.8% |
| 2010 | 0.47x | R$4.53 Billion | R$2.13 Billion | ▼ -10.2% |
| 2009 | 0.52x | R$4.45 Billion | R$2.32 Billion | ▲ +27.4% |
| 2008 | 0.41x | R$5.13 Billion | R$2.10 Billion | ▼ -2.7% |
| 2007 | 0.42x | R$4.73 Billion | R$1.99 Billion | ▲ +22.5% |
| 2006 | 0.34x | R$5.00 Billion | R$1.72 Billion | ▲ +13.7% |
| 2005 | 0.30x | R$5.54 Billion | R$1.67 Billion | ▲ +26.6% |
| 2004 | 0.24x | R$5.61 Billion | R$1.34 Billion | ▼ -10.0% |
| 2003 | 0.27x | R$4.98 Billion | R$1.32 Billion | ▼ -22.6% |
| 2002 | 0.34x | R$4.57 Billion | R$1.57 Billion | ▼ -71.1% |
| 2001 | 1.19x | R$3.77 Billion | R$4.48 Billion | ▼ -25.6% |
| 2000 | 1.60x | R$2.64 Billion | R$4.22 Billion | ▲ +49.9% |
| 1999 | 1.06x | R$2.69 Billion | R$2.86 Billion | ▼ -12.2% |
| 1998 | 1.21x | R$2.14 Billion | R$2.59 Billion | — |