Telefónica S.A (TNE2) — Financial Flexibility Index
Telefónica S.A (TNE2) has a Financial Flexibility Index of 0.06x as of September 2023. Free cash flow of €4.31 Billion (operating CF €2.95 Billion minus capex €1.36 Billion) represents 0% of total liabilities (€77.60 Billion). Check Telefónica S.A (TNE2) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Telefónica S.A Financial Flexibility Index (2016–2022)
Historical Financial Flexibility Index trend for Telefónica S.A across 7 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Telefónica S.A.
Annual Financial Flexibility Index for Telefónica S.A (2016–2022)
Year-by-year free cash flow to debt coverage for Telefónica S.A. Explore how well can Telefónica S.A service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2022 | 0.23x | €18.11 Billion | €11.76 Billion | €77.93 Billion | ▲ +10.1% |
| 2021 | 0.21x | €17.00 Billion | €10.27 Billion | €80.53 Billion | ▼ -11.6% |
| 2020 | 0.24x | €20.73 Billion | €13.20 Billion | €86.79 Billion | ▼ -4.8% |
| 2019 | 0.25x | €23.43 Billion | €15.02 Billion | €93.43 Billion | ▼ -1.6% |
| 2018 | 0.25x | €22.20 Billion | €13.42 Billion | €87.07 Billion | ▼ -1.7% |
| 2017 | 0.26x | €22.94 Billion | €13.80 Billion | €88.45 Billion | ▲ +9.7% |
| 2016 | 0.24x | €22.52 Billion | €13.34 Billion | €95.26 Billion | — |