TELEFONICA BRASIL ADR 1 (TSPA) — Tangible Net Worth Ratio

Latest as of December 2025: 70.0%

TELEFONICA BRASIL ADR 1 (TSPA) has a Tangible Net Worth Ratio of 70.0% as of December 2025. This metric is calculated by deducting intangible assets (€20.73 Billion) from net assets (€69.00 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See TELEFONICA BRASIL ADR 1 (TSPA) net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

70.0%
Tangible equity / total equity

Net Assets (Equity)

€69.00 Billion
EUR

Intangible Assets

€20.73 Billion
Goodwill, patents, brand value

Total Assets

€128.07 Billion
EUR

TELEFONICA BRASIL ADR 1 Tangible Net Worth Ratio (2021–2025)

This chart shows how TELEFONICA BRASIL ADR 1's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 70.0%, reflecting net assets of €69.00 Billion with intangible assets of €20.73 Billion EUR. Also explore TELEFONICA BRASIL ADR 1 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for TELEFONICA BRASIL ADR 1 (2021–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for TELEFONICA BRASIL ADR 1 from 2021 to 2025, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see TSPA stock market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 70.0% €69.00 Billion €20.73 Billion €128.07 Billion ▲ +1.0 pp
2024 68.9% €69.80 Billion €21.70 Billion €124.94 Billion ▲ +1.3 pp
2023 67.6% €69.63 Billion €22.57 Billion €120.74 Billion ▲ +1.7 pp
2022 65.9% €68.46 Billion €23.36 Billion €119.12 Billion ▼ -3.8 pp
2021 69.7% €70.01 Billion €21.24 Billion €115.66 Billion
pp = percentage points