Telecom Argentina SA ADR (TEO) — Working Capital to Net Assets Ratio
Telecom Argentina SA ADR (TEO) has a Working Capital to Net Assets ratio of -24.3% as of September 2025. Working capital of $-1.59 Trillion (current assets of $1.74 Trillion minus current liabilities of $3.33 Trillion) is measured against net assets of $6.54 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Telecom Argentina SA ADR (TEO) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telecom Argentina SA ADR Working Capital to Net Assets (1998–2024)
This chart shows how Telecom Argentina SA ADR's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at -24.3%, reflecting working capital of $-1.59 Trillion against net assets of $6.54 Trillion USD. Check Telecom Argentina SA ADR tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Telecom Argentina SA ADR (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telecom Argentina SA ADR from 1998 to 2024, covering 27 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 TEO stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -21.7% | $-1.20 Trillion | $5.53 Trillion | $754.86 Billion | $1.96 Trillion | ▲ +6.1 pp |
| 2023 | -27.8% | $-1.36 Trillion | $4.89 Trillion | $1.05 Trillion | $2.41 Trillion | ▼ -6.2 pp |
| 2022 | -21.6% | $-545.99 Billion | $2.53 Trillion | $351.83 Billion | $897.82 Billion | ▼ -3.3 pp |
| 2021 | -18.3% | $-195.64 Billion | $1.07 Trillion | $126.91 Billion | $322.54 Billion | ▼ -4.7 pp |
| 2020 | -13.6% | $-52.79 Billion | $388.86 Billion | $53.26 Billion | $106.05 Billion | ▼ -2.2 pp |
| 2019 | -11.4% | $-35.20 Billion | $309.85 Billion | $50.78 Billion | $85.98 Billion | ▼ -2.6 pp |
| 2018 | -8.7% | $-19.96 Billion | $228.91 Billion | $33.49 Billion | $53.45 Billion | ▲ +7.0 pp |
| 2017 | -15.7% | $-3.75 Billion | $23.88 Billion | $18.24 Billion | $21.99 Billion | ▼ -10.9 pp |
| 2016 | -4.8% | $-949.00 Million | $19.88 Billion | $15.56 Billion | $16.51 Billion | ▲ +26.0 pp |
| 2015 | -30.8% | $-5.42 Billion | $17.61 Billion | $11.49 Billion | $16.91 Billion | ▼ -12.5 pp |
| 2014 | -18.3% | $-2.70 Billion | $14.77 Billion | $6.39 Billion | $9.10 Billion | ▼ -24.1 pp |
| 2013 | 5.8% | $701.00 Million | $12.05 Billion | $9.75 Billion | $9.05 Billion | ▼ -5.0 pp |
| 2012 | 10.9% | $1.10 Billion | $10.16 Billion | $6.99 Billion | $5.88 Billion | ▲ +11.7 pp |
| 2011 | -0.8% | $-69.00 Million | $8.16 Billion | $5.45 Billion | $5.52 Billion | ▲ +12.8 pp |
| 2010 | -13.6% | $-886.00 Million | $6.51 Billion | $3.62 Billion | $4.51 Billion | ▲ +8.9 pp |
| 2009 | -22.5% | $-1.26 Billion | $5.60 Billion | $2.94 Billion | $4.20 Billion | ▲ +13.3 pp |
| 2008 | -35.8% | $-1.47 Billion | $4.10 Billion | $2.60 Billion | $4.07 Billion | ▲ +4.7 pp |
| 2007 | -40.5% | $-1.26 Billion | $3.11 Billion | $2.38 Billion | $3.64 Billion | ▲ +32.6 pp |
| 2006 | -73.1% | $-1.61 Billion | $2.20 Billion | $1.76 Billion | $3.37 Billion | ▼ -38.3 pp |
| 2005 | -34.8% | $-663.35 Million | $1.91 Billion | $1.54 Billion | $2.21 Billion | ▲ +1009.9 pp |
| 2004 | -1044.7% | $-5.84 Billion | $558.86 Million | $4.47 Billion | $10.31 Billion | ▼ -419.6 pp |
| 2003 | -625.1% | $-7.53 Billion | $1.21 Billion | $3.23 Billion | $10.76 Billion | ▲ +540.8 pp |
| 2002 | -1165.9% | $-9.65 Billion | $827.86 Million | $2.11 Billion | $11.76 Billion | ▼ -1139.9 pp |
| 2001 | -25.9% | $-617.56 Million | $2.38 Billion | $1.21 Billion | $1.82 Billion | ▼ -13.8 pp |
| 2000 | -12.1% | $-338.00 Million | $2.79 Billion | $1.76 Billion | $2.10 Billion | ▼ -8.2 pp |
| 1999 | -3.9% | $-108.99 Million | $2.79 Billion | $1.51 Billion | $1.62 Billion | ▼ -2.7 pp |
| 1998 | -1.3% | $-33.99 Million | $2.71 Billion | $1.20 Billion | $1.24 Billion | — |