Telefónica S.A (TNE2) — Cash Flow Quality Index
Telefónica S.A (TNE2) has a Cash Flow Quality Index of 5.87x as of September 2023. Operating cash flow of €2.95 Billion exceeds net income of €502.00 Million, indicating high earnings quality where cash backs reported profits. Explore Telefónica S.A debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Telefónica S.A Cash Flow Quality Index (2016–2022)
Historical Cash Flow Quality Index for Telefónica S.A across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Telefónica S.A.
Annual Cash Flow Quality Index for Telefónica S.A (2016–2022)
Year-by-year earnings quality comparison for Telefónica S.A.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | 5.85x | €11.76 Billion | €2.01 Billion | ▲ +363.5% |
| 2021 | 1.26x | €10.27 Billion | €8.14 Billion | ▼ -84.9% |
| 2020 | 8.34x | €13.20 Billion | €1.58 Billion | ▼ -36.6% |
| 2019 | 13.15x | €15.02 Billion | €1.14 Billion | ▲ +226.4% |
| 2018 | 4.03x | €13.42 Billion | €3.33 Billion | ▼ -8.5% |
| 2017 | 4.40x | €13.80 Billion | €3.13 Billion | ▼ -21.8% |
| 2016 | 5.63x | €13.34 Billion | €2.37 Billion | — |