Telefónica, S.A.

TEFNYSECommunication Services

$3.81

$-0.04(-0.91%)

Market Cap$21.5B

P/E Ratio—

52W High$5.72

52W Low$3.67

Avg Volume1.6M

Open$3.86

Beta0.28

Cash on Hand Financials Revenue

Telefónica, S.A. (TEF) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

TEF · cash on hand · updated Dec 31, 2024

Core cash position

as of Dec 31, 2024

Cash & Short-Term Investments (CCE + ST Investments)

$9.26B▲ +20.8% vs prior year

FY · as of Dec 31, 2024 · Reported in EUR

Cash & Cash Equiv. (CCE)

$8.06B

cashAndCashEquivalents

Short-Term Investments

$1.20B

shortTermInvestments

YoY Change vs Prior Year

+20.8%

vs prior fiscal year

Latest Quarter

$6.37B

Q3 2025

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in EUR

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2024

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$9.26BCash on Hand

Total Debt$45.02BTotal Debt

Net Cash / Net Debt−$35.76BNet Debt Position

Cash vs Debt Ratio

Cash 17%Telefónica, S.A. cash as % of market cap: 43.10%% · MCap $21BDebt 83%

Telefónica, S.A. carries a net debt position of $35.76B. Total debt ($45.02B) exceeds cash on hand ($9.26B). Telefónica, S.A. cash vs debt ratio: 17% cash / 83% debt.

Net Cash = Cash & ST Investments − Total Debt$9.26B − $45.02B = −$35.76B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

TEF annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

TEF cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2024LatestFY$9.26B+20.8%

Dec 31, 2023FY$7.67B-10.2%

Dec 31, 2022FY$8.54B-19.9%

Dec 31, 2021FY$10.66B+31.6%

Dec 31, 2020FY$8.10B-11.6%

TEF cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Communication Services Sector Cash Reserves Comparison

TEF vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

About cash on hand & methodology

Telefónica, S.A. (TEF) cash on hand as of December 31, 2024 is $9.26B, comprising $8.06B in cash and cash equivalents (CCE) plus $1.20B in short-term investments — reported as Telefónica, S.A. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Telefónica, S.A. cash reserves or cash position.

Telefónica, S.A. annual cash on hand history shows increased +20.8% in 2024: increased +20.8% in 2024. Telefónica, S.A. cash reserves in 2024 reflect the company's capital allocation strategy.

Telefónica, S.A. carries total debt of $45.02B against cash of $9.26B, resulting in a net debt position of -$35.76B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

TEF cash on hand · 5 questions

As of December 31, 2024, Telefónica, S.A. (TEF) has $9.26B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $8.06B in cash and cash equivalents (CCE) plus $1.20B in short-term investments. Latest quarter (September 30, 2025): $6.37B. Data sourced from the annual 10-K filing via FMP.

TEF cash on handTEF cash reservesTEF cash 2024how much cash does TEF have

▸ Source: FMP /balance-sheet-statement · US GAAP · Telefónica, S.A. · Telefónica, S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2024