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 TEO net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Telecom Argentina SA ADR defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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 TEO company net worth.
| 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 | — |