Telecom Argentina SA ADR (TEO) — Tangible Net Worth Ratio
Telecom Argentina SA ADR (TEO) has a Tangible Net Worth Ratio of 60.0% as of September 2025. This metric is calculated by deducting intangible assets ($2.61 Trillion) from net assets ($6.54 Trillion) 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 Telecom Argentina SA ADR (TEO) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Telecom Argentina SA ADR Tangible Net Worth Ratio (1998–2024)
This chart shows how Telecom Argentina SA ADR's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 60.0%, reflecting net assets of $6.54 Trillion with intangible assets of $2.61 Trillion USD. Also explore net asset momentum of Telecom Argentina SA ADR to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Telecom Argentina SA ADR (1998–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Telecom Argentina SA ADR from 1998 to 2024, covering 27 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 Telecom Argentina SA ADR market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 65.7% | $5.53 Trillion | $1.90 Trillion | $10.94 Trillion | ▲ +6.1 pp |
| 2023 | 59.6% | $4.89 Trillion | $1.97 Trillion | $11.93 Trillion | ▼ -9.0 pp |
| 2022 | 68.6% | $2.53 Trillion | $793.49 Billion | $5.38 Trillion | ▼ -5.2 pp |
| 2021 | 73.8% | $1.07 Trillion | $280.72 Billion | $2.10 Trillion | ▲ +0.5 pp |
| 2020 | 73.2% | $388.86 Billion | $104.03 Billion | $752.05 Billion | ▼ -0.1 pp |
| 2019 | 73.3% | $309.85 Billion | $82.61 Billion | $578.15 Billion | ▼ -0.5 pp |
| 2018 | 73.8% | $228.91 Billion | $59.87 Billion | $371.74 Billion | ▲ +3.6 pp |
| 2017 | 70.3% | $23.88 Billion | $7.10 Billion | $57.59 Billion | ▲ +8.5 pp |
| 2016 | 61.8% | $19.88 Billion | $7.59 Billion | $47.91 Billion | ▲ +5.3 pp |
| 2015 | 56.5% | $17.61 Billion | $7.66 Billion | $38.47 Billion | ▼ -7.4 pp |
| 2014 | 63.9% | $14.77 Billion | $5.33 Billion | $26.32 Billion | ▼ -23.5 pp |
| 2013 | 87.4% | $12.05 Billion | $1.52 Billion | $23.13 Billion | ▲ +2.3 pp |
| 2012 | 85.1% | $10.16 Billion | $1.51 Billion | $17.81 Billion | ▲ +3.3 pp |
| 2011 | 81.8% | $8.16 Billion | $1.49 Billion | $15.32 Billion | ▲ +0.7 pp |
| 2010 | 81.1% | $6.51 Billion | $1.23 Billion | $12.32 Billion | ▲ +0.2 pp |
| 2009 | 80.8% | $5.60 Billion | $1.07 Billion | $10.86 Billion | ▼ -0.3 pp |
| 2008 | 81.2% | $4.10 Billion | $772.00 Million | $9.66 Billion | ▲ +5.6 pp |
| 2007 | 75.6% | $3.11 Billion | $760.00 Million | $9.17 Billion | ▲ +11.1 pp |
| 2006 | 64.4% | $2.20 Billion | $781.17 Million | $8.70 Billion | ▲ +4.4 pp |
| 2005 | 60.0% | $1.91 Billion | $763.31 Million | $8.55 Billion | ▲ +99.4 pp |
| 2004 | -39.4% | $558.86 Million | $778.83 Million | $12.42 Billion | ▼ -69.0 pp |
| 2003 | 29.7% | $1.21 Billion | $847.51 Million | $12.35 Billion | ▲ +44.3 pp |
| 2002 | -14.6% | $827.86 Million | $949.01 Million | $12.96 Billion | ▼ -94.6 pp |
| 2001 | 79.9% | $2.38 Billion | $478.43 Million | $6.63 Billion | ▲ +0.6 pp |
| 2000 | 79.3% | $2.79 Billion | $577.00 Million | $7.58 Billion | ▼ -1.4 pp |
| 1999 | 80.7% | $2.79 Billion | $537.95 Million | $7.14 Billion | ▼ -11.2 pp |
| 1998 | 91.9% | $2.71 Billion | $219.96 Million | $6.26 Billion | — |