Telefónica S.A (TNE2) — Strategic Asset Allocation Index
Telefónica S.A (TNE2) has a Strategic Asset Allocation Index of 70.7% as of September 2025. Strategic assets (PP&E of €- plus long-term investments of €15.09 Billion) total €15.09 Billion, measured against net assets of €21.34 Billion. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base.
SAAI
Strategic Assets
PP&E
Net Assets
Telefónica S.A Strategic Asset Allocation Index (2016–2024)
This chart shows how Telefónica S.A's Strategic Asset Allocation Index has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the index stands at 70.7%, representing strategic assets of €15.09 Billion against net assets of €21.34 Billion EUR. Explore TNE2 cash generation efficiency to assess how effectively this company generates cash.
Annual Strategic Asset Allocation Index for Telefónica S.A (2016–2024)
The table below presents the year-by-year Strategic Asset Allocation Index for Telefónica S.A from 2016 to 2024, covering 9 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For the full company profile including market capitalisation, see Telefónica S.A (TNE2) market capitalisation.
| Year | SAAI | Strategic Assets (EUR) | PP&E | LT Investments | Net Assets | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 42.0% | €9.56 Billion | €- | €9.56 Billion | €22.75 Billion | ▲ +5.3 pp |
| 2023 | 36.7% | €9.95 Billion | €- | €9.95 Billion | €27.10 Billion | ▼ -126.3 pp |
| 2022 | 163.0% | €51.68 Billion | €31.99 Billion | €19.69 Billion | €31.71 Billion | ▲ +8.0 pp |
| 2021 | 155.0% | €44.45 Billion | €30.30 Billion | €14.14 Billion | €28.68 Billion | ▼ -8.7 pp |
| 2020 | 163.7% | €29.89 Billion | €28.75 Billion | €1.14 Billion | €18.26 Billion | ▲ +5.5 pp |
| 2019 | 158.2% | €40.26 Billion | €39.17 Billion | €1.09 Billion | €25.45 Billion | ▲ +28.5 pp |
| 2018 | 129.7% | €34.99 Billion | €33.30 Billion | €1.69 Billion | €26.98 Billion | ▼ -29.9 pp |
| 2017 | 159.5% | €42.47 Billion | €34.23 Billion | €8.24 Billion | €26.62 Billion | ▼ -3.3 pp |
| 2016 | 162.9% | €46.23 Billion | €36.39 Billion | €9.84 Billion | €28.39 Billion | — |