Telefonica SA ADR (TEF) — Net Asset Quality Index
Telefonica SA ADR (TEF) has a Net Asset Quality Index of 23.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $92.57 Billion minus total liabilities of $71.22 Billion yields net assets of $21.34 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of Telefonica SA ADR for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Telefonica SA ADR Net Asset Quality Index Over Time (1987–2024)
This chart shows how Telefonica SA ADR's Net Asset Quality Index has evolved across 36 annual periods from 1987 to 2024. As of September 2025, the index stands at 23.1%, representing net assets of $21.34 Billion against total assets of $92.57 Billion USD. For live market cap and overall valuation, see Telefonica SA ADR market capitalisation.
Annual Net Asset Quality Index for Telefonica SA ADR (1987–2024)
The table below presents the year-by-year Net Asset Quality Index for Telefonica SA ADR from 1987 to 2024, covering 36 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check strategic asset allocation of Telefonica SA ADR to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 22.6% | $22.75 Billion | $100.50 Billion | $77.75 Billion | ▼ -3.3 pp |
| 2023 | 26.0% | $27.10 Billion | $104.32 Billion | $77.23 Billion | ▼ -2.9 pp |
| 2022 | 28.9% | $31.71 Billion | $109.64 Billion | $77.93 Billion | ▲ +2.7 pp |
| 2021 | 26.3% | $28.68 Billion | $109.21 Billion | $80.53 Billion | ▲ +8.9 pp |
| 2020 | 17.4% | $18.26 Billion | $105.05 Billion | $86.79 Billion | ▼ -4.0 pp |
| 2019 | 21.4% | $25.45 Billion | $118.88 Billion | $93.43 Billion | ▼ -2.2 pp |
| 2018 | 23.7% | $26.98 Billion | $114.05 Billion | $87.07 Billion | ▲ +0.5 pp |
| 2017 | 23.1% | $26.62 Billion | $115.07 Billion | $88.45 Billion | ▲ +0.2 pp |
| 2016 | 23.0% | $28.39 Billion | $123.64 Billion | $95.26 Billion | ▲ +0.5 pp |
| 2015 | 22.4% | $27.56 Billion | $122.97 Billion | $95.42 Billion | ▼ -2.4 pp |
| 2014 | 24.8% | $30.29 Billion | $122.30 Billion | $92.01 Billion | ▲ +1.6 pp |
| 2013 | 23.1% | $27.48 Billion | $118.86 Billion | $91.38 Billion | ▲ +1.8 pp |
| 2012 | 21.3% | $27.66 Billion | $129.77 Billion | $102.11 Billion | ▲ +0.2 pp |
| 2011 | 21.1% | $27.38 Billion | $129.62 Billion | $102.24 Billion | ▼ -3.3 pp |
| 2010 | 24.4% | $31.68 Billion | $129.78 Billion | $98.09 Billion | ▲ +2.0 pp |
| 2009 | 22.4% | $24.27 Billion | $108.14 Billion | $83.87 Billion | ▲ +2.9 pp |
| 2008 | 19.6% | $19.56 Billion | $99.90 Billion | $80.33 Billion | ▼ -2.0 pp |
| 2007 | 21.6% | $22.86 Billion | $105.87 Billion | $83.02 Billion | ▲ +3.2 pp |
| 2006 | 18.4% | $20.00 Billion | $108.98 Billion | $88.98 Billion | ▼ -3.7 pp |
| 2005 | 22.1% | $16.15 Billion | $73.12 Billion | $56.97 Billion | ▼ -9.4 pp |
| 2004 | 31.5% | $19.99 Billion | $63.42 Billion | $43.43 Billion | ▼ -2.6 pp |
| 2003 | 34.1% | $21.15 Billion | $61.97 Billion | $40.82 Billion | ▲ +0.9 pp |
| 2002 | 33.2% | $22.61 Billion | $68.04 Billion | $45.43 Billion | ▼ -5.3 pp |
| 2001 | 38.5% | $33.31 Billion | $86.46 Billion | $53.15 Billion | ▲ +0.4 pp |
| 2000 | 38.2% | $35.25 Billion | $92.34 Billion | $57.09 Billion | ▼ -1.0 pp |
| 1999 | 39.1% | $25.17 Billion | $64.33 Billion | $39.16 Billion | ▲ +4.7 pp |
| 1998 | 34.4% | $17.04 Billion | $49.54 Billion | $32.50 Billion | ▼ -3.9 pp |
| 1997 | 38.3% | $14.32 Billion | $37.36 Billion | $23.04 Billion | ▼ -2.9 pp |
| 1996 | 41.2% | $13.71 Billion | $33.28 Billion | $19.58 Billion | ▲ +2.6 pp |
| 1995 | 38.6% | $11.92 Billion | $30.87 Billion | $18.95 Billion | ▲ +6.8 pp |
| 1994 | 31.8% | $9.37 Billion | $29.48 Billion | $20.12 Billion | ▼ -4.0 pp |
| 1991 | 35.8% | $10.29 Billion | $28.77 Billion | $18.48 Billion | ▼ -3.5 pp |
| 1990 | 39.3% | $9.89 Billion | $25.15 Billion | $15.27 Billion | ▼ -3.6 pp |
| 1989 | 42.9% | $9.41 Billion | $21.92 Billion | $12.51 Billion | ▼ -8.6 pp |
| 1988 | 51.5% | $9.10 Billion | $17.66 Billion | $8.57 Billion | ▼ -3.6 pp |
| 1987 | 55.1% | $8.50 Billion | $15.41 Billion | $6.91 Billion | — |