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Telefônica Brasil S.A. logo
Telefônica Brasil S.A. VIV
$ 11.67 0.69%
report update icon

Quarterly report 2022-Q4
added 11-10-2026

Telefônica Brasil S.A. Balance Sheet 2025-2011 | VIV

Brief overview of Telefônica Brasil S.A.'s assets and capital

Balance sheet changes are traced across five available annual reports between 2021 and 2025.

Assets grew from 115.7 billion BRL to 128.1 billion BRL. An increase of +10.7% at roughly 2.6% CAGR was not especially fast.

Liabilities grew faster than assets: +29.4% versus +10.7%. A substantial part of expansion was externally funded.

Equity funds 53.9% of assets versus initially. This creates a conservative balance sheet structure.

Cash accounts for 5.5% of assets versus 5.6% initially. The change indicates the degree of financial flexibility.

Overall assessment

Telefônica Brasil S.A.'s balance sheet is broadly resilient, though selected areas require monitoring. The balance between assets, equity and liabilities remains the key issue.

Annual Balance Sheet Telefônica Brasil S.A.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

- - - - - -4.76 B - -3 M -4 M -5 M -5 M -4 M 2.21 B 771 M -2.94 T

Long Term Debt

- - - - - 1 B - - - - - - 7.23 B 6.01 B -

Total Non Current Liabilities

33.8 B 30.9 B 31 B 28.5 B - 21.3 B - - - - - - 12.9 B 12 B -

Total Liabilities

59.1 B 55.1 B 51.1 B 50.7 B 45.7 B 39.2 B 37.8 B 31 B - - - - 26.6 B 25.6 B 65.5 T

Deferred Revenue

- - - - - 507 M 21 M 21 M 19 M 20 M 20 M 20 M 818 M 735 M 761 B

Total Assets

128 B 125 B 121 B 119 B 116 B 109 B 108 B 103 B 40 M 45 M 45 M 40 M 69.5 B 70.3 B 65.5 T

Cash and Cash Equivalents

7.03 B 6.69 B 4.36 B 2.27 B 6.45 B 5.76 B 3.39 B 3.38 B 4.05 B 5.11 B 5.34 B - - - -

Book Value

69 B 69.8 B 69.6 B 68.5 B 70 B 69.6 B 70.5 B 71.6 B 40 M 45 M 45 M 40 M 42.9 B 44.7 B -

Total Shareholders Equity

69 B 69.8 B 69.6 B 68.5 B - 69.6 B 70.5 B 71.6 B 69.5 B 69.2 B 68.6 B - - - -

All numbers in BRL currency

Quarterly Balance Sheet Telefônica Brasil S.A.

2025-Q4 2024-Q4 2023-Q4 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Total Non Current Liabilities

33.8 B 30.9 B 31 B 28.5 B - - - 23.2 B - - - 21.3 B - - - 20.1 B - - - 13.8 B - - - 14.1 B - - - 12.4 B - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

59.1 B 55.1 B 51.1 B 50.7 B - - - 45.7 B - - - 39.2 B - - - 37.8 B - - - 31 B - - - 31.9 B - - - 32.8 B - - - - - - - - - - - - - - - - - - - - - - -

Total Assets

128 B 125 B 121 B 119 B - - - 116 B - - - 109 B - - - 108 B - - - 103 B - - - 101 B - - - 102 B - - - - - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

7.03 B 6.69 B 4.36 B 53.4 M - - - 104 M - - - 192 M - - - 250 M - - - 206 M - - - 118 M - - - 5.11 B - - - 5.34 B - - - 4.69 B - - - - - - - - - - - - - - -

Book Value

69 B 69.8 B 69.6 B 68.5 B - - - 70 B - - - 69.6 B - - - 70.5 B - - - 71.6 B - - - 69.5 B - - - 69.2 B - - - - - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

69 B 69.8 B 69.6 B 68.5 B - - - 70 B - - - 69.6 B - - - 70.5 B - - - 71.6 B - - - 73.8 B - - - 69.2 B - - - 68.6 B - - - 45 B - - - - - - - - - - - - - - -

All numbers in BRL currency

Balance Sheet is a fundamental financial report of Telefônica Brasil S.A., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Telecom

Issuer Price % 24h Market Cap Country
Наука-Связь Наука-Связь
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Центральный Телеграф Центральный Телеграф
CNTL
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LVHK
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МГТС МГТС
MGTS
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Telephone and Data Systems Telephone and Data Systems
TDS
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Система Система
AFKS
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Millicom International Cellular S.A. Millicom International Cellular S.A.
TIGO
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TIM S.A. TIM S.A.
TIMB
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T-Mobile US T-Mobile US
TMUS
$ 169.06 0.21 % $ 191 B usaUSA
TELUS Corporation TELUS Corporation
TU
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Zoom Video Communications Zoom Video Communications
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Ooma Ooma
OOMA
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Anterix Anterix
ATEX
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Cogent Communications Holdings Cogent Communications Holdings
CCOI
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Kaleyra Kaleyra
KLR
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AT&T AT&T
T
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Consolidated Communications Holdings Consolidated Communications Holdings
CNSL
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Chunghwa Telecom Co., Ltd. Chunghwa Telecom Co., Ltd.
CHT
$ 48.84 -0.02 % $ 379 B taiwanTaiwan
COMSovereign Holding Corp. COMSovereign Holding Corp.
COMS
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Verizon Communications Verizon Communications
VZ
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América Móvil, S.A.B. de C.V. América Móvil, S.A.B. de C.V.
AMX
$ 25.78 0.07 % $ 1.59 T mexicoMexico
BCE BCE
BCE
$ 21.66 0.79 % $ 20.1 B canadaCanada
Cable One Cable One
CABO
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ATN International ATN International
ATNI
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InterDigital InterDigital
IDCC
$ 292.93 -0.4 % $ 7.56 B usaUSA
PLDT PLDT
PHI
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Otelco Inc. Otelco Inc.
OTEL
- 0.17 % $ 40.2 M usaUSA
KT Corporation KT Corporation
KT
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Shaw Communications Shaw Communications
SJR
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LILA
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RCI
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Lumen Technologies Lumen Technologies
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$ 4.57 1.9 % $ 4.55 B usaUSA
Shenandoah Telecommunications Company Shenandoah Telecommunications Company
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SK Telecom Co.,Ltd SK Telecom Co.,Ltd
SKM
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Orange S.A. Orange S.A.
ORAN
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Spok Holdings Spok Holdings
SPOK
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Cincinnati Bell Inc. Cincinnati Bell Inc.
CBB
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Alaska Communications Systems Group, Inc. Alaska Communications Systems Group, Inc.
ALSK
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América Móvil, S.A.B. de C.V. América Móvil, S.A.B. de C.V.
AMOV
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ORBCOMM Inc. ORBCOMM Inc.
ORBC
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VG
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Boingo Wireless, Inc. Boingo Wireless, Inc.
WIFI
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TEF
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Iridium Communications Iridium Communications
IRDM
$ 46.16 2.4 % $ 4.95 B usaUSA
Altice USA Altice USA
ATUS
- 1.13 % $ 823 M usaUSA
Cuentas Cuentas
CUEN
- -54.3 % $ 1.24 M usaUSA