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 strategic asset allocation of Telefónica S.A to assess the company's strategic physical and investment asset allocation.
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. See how liquid is Telefónica S.A's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Telefónica S.A (2016–2022)
Year-by-year free cash flow to debt coverage for Telefónica S.A. For the full company profile including market capitalisation, see market value of Telefónica S.A.
| 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 | — |