Telefonica Brasil Ratios (2015-2025) | VIV

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1Y 3Y 5Y 7Y 10Y All

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Ratios	Dec2015	Dec2016	Dec2017	Dec2018	Dec2019	Dec2020	Dec2021	Dec2022	Dec2023	Dec2024	Dec2025
Efficiency
Inventory Average (Quarter)			0.12B	0.11B	0.13B	0.13B	0.12B	0.13B	0.16B	0.18B	0.23B
Assets Average (Quarter)			31.12B	29.10B	26.63B	23.23B	20.44B	21.69B
Equity Average (Quarter)		19.43B	21.88B	20.78B	17.97B	15.00B	6.45B	0.01B	0.01B	6.01B	12.37B
Invested Capital (Quarter)	17.84B	26.21B	27.66B	22.44B	22.17B	16.69B	4.48B	5.30B	0.02B	12.00B	12.75B
Leverage & Solvency
Debt to Equity (Quarter)		0.02	0.01	0.01	0.03	0.05	105.37	542.67
Debt Ratio (Quarter)		0.01	0.00	0.01	0.02	0.03	0.07	0.09
Equity Ratio (Quarter)		0.68	0.73	0.70	0.65	0.64	0.00	0.00	0.00	0.56	0.54
Valuation
Enterprise Value (Quarter)	-1.39B	-1.57B	-1.28B	-1.72B	-0.83B	-1.07B	-1.16B	-0.43B	-0.88B	-1.15B	-1.32B