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 -17.2% as of June 2026. Working capital of $-1.54 Trillion (current assets of $2.10 Trillion minus current liabilities of $3.63 Trillion) is measured against net assets of $8.93 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TEO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telecom Argentina SA ADR Working Capital to Net Assets (1998–2025)
This chart shows how Telecom Argentina SA ADR's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at -17.2%, reflecting working capital of $-1.54 Trillion against net assets of $8.93 Trillion USD. For the complete balance sheet picture, see Telecom Argentina SA ADR (TEO) total assets.
Annual Working Capital to Net Assets for Telecom Argentina SA ADR (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telecom Argentina SA ADR from 1998 to 2025, covering 28 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. Check TEO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | 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 | ▲ +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 | — |