Telecom Argentina S.A (TEO) — Working Capital to Net Assets Ratio
Telecom Argentina S.A (TEO) has a Working Capital to Net Assets ratio of -28.7% as of December 2025. Working capital of €-2.00 Trillion (current assets of €1.83 Trillion minus current liabilities of €3.84 Trillion) is measured against net assets of €6.98 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Telecom Argentina S.A to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telecom Argentina S.A Working Capital to Net Assets (2016–2025)
This chart shows how Telecom Argentina S.A's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at -28.7%, reflecting working capital of €-2.00 Trillion against net assets of €6.98 Trillion EUR. See Telecom Argentina S.A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Telecom Argentina S.A (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telecom Argentina S.A from 2016 to 2025, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Telecom Argentina S.A market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -28.7% | €-2.00 Trillion | €6.98 Trillion | €1.83 Trillion | €3.84 Trillion | ▼ -7.0 pp |
| 2024 | -21.7% | €-1.20 Trillion | €5.53 Trillion | €754.86 Billion | €1.96 Trillion | ▲ +5.6 pp |
| 2023 | -27.4% | €-614.32 Billion | €2.25 Trillion | €492.40 Billion | €1.11 Trillion | ▼ -5.8 pp |
| 2022 | -21.6% | €-175.33 Billion | €812.55 Billion | €112.98 Billion | €288.31 Billion | ▼ -3.3 pp |
| 2021 | -18.3% | €-100.43 Billion | €550.00 Billion | €65.15 Billion | €165.58 Billion | ▲ +2.2 pp |
| 2020 | -20.5% | €-79.68 Billion | €388.86 Billion | €80.40 Billion | €160.07 Billion | ▼ -5.0 pp |
| 2019 | -15.5% | €-47.93 Billion | €309.85 Billion | €69.13 Billion | €117.06 Billion | ▼ -2.1 pp |
| 2018 | -13.4% | €-30.70 Billion | €228.91 Billion | €51.52 Billion | €82.22 Billion | ▲ +20.1 pp |
| 2017 | -33.5% | €-8.00 Billion | €23.88 Billion | €10.63 Billion | €18.62 Billion | ▼ -26.5 pp |
| 2016 | -6.9% | €-1.38 Billion | €19.88 Billion | €5.82 Billion | €7.20 Billion | — |