Telecom Argentina S.A. (TEO) quarterly balance sheet — complete assets, liabilities & equity history
Telecom Argentina S.A. (TEO) balance sheet — 28-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Assets | 19.26T | 18.28T | 16.62T | 15.63T | 14.56T | 14.04T | 10.94T | 10.19T | 9.34T | 8.14T | 11.93T | 9.67B | 9.86B | 2.11T | 5.38T | 1.48T | 1.4T | 1.24T | 2.1T | 978.52B |
| Asset Growth % | 32.28% | 30.21% | 51.86% | 53.34% | 55.95% | 72.35% | -8.27% | - | 94565.28% | 286.1% | 121.54% | -99.35% | -99.3% | 70.14% | 156.17% | 51.06% | 49.3% | 44.94% | 85.15% | 41.23% |
| PP&E (Net) | 8.71T | 8.15T | 7.51T | 6.69T | 6.34T | 6.06T | 4.82T | 4.53T | 4.14T | 3.61T | 5.42T | 4.59B | 4.75B | 1.02T | 2.66T | 736.38B | 620.58B | 544.25B | 943.95B | 438.95B |
| PP&E / Total Assets % | 45.21% | 44.6% | 45.22% | 42.81% | 43.52% | 43.17% | 44.07% | 44.46% | 44.3% | 44.32% | 45.41% | 47.46% | 48.13% | 48.17% | 49.49% | 49.82% | 44.24% | 43.9% | 44.91% | 44.86% |
| Total Current Assets | 2.1T | 2.18T | 1.83T | 1.74T | 1.38T | 1.5T | 754.86B | 717.76B | 739.95B | 770.33B | 1.05T | 739.46M | 715.65M | 175.1B | 351.83B | 88B | 71.71B | 86.56B | 126.91B | 54.83B |
| Cash & Equivalents | 401.24B | 675.48B | 468.87B | 382.86B | 322.92B | 412.35B | 318.32B | 175.32B | 148.8B | 150.6B | 347.93B | 280.48M | 237.22M | 41.59B | 124.72B | 32.65B | 21.41B | 21.5B | 38.66B | 17.07B |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 87.74B | 67.93B | 87.9B | 86.91B | 120.5B | 117.91B | 60.44B | 53.1B | 42.19B | 44.21B | 68.66B | 62.82M | 40.4M | 8.67B | 20.08B | 5.06B | 4.82B | 2.25B | 6.07B | 3.35B |
| Other Current Assets | 27.97B | 17.28B | 3.01B | 17.83B | 8.52B | 2.45B | 1.76B | 9.49B | 21.77B | 6.11B | 12.16B | 5.54M | 5.57M | 1.29B | 6.39B | 1.09B | 799M | 35M | 0 | 20M |
| Long-Term Investments | 124.11B | 121.03B | 90.87B | 13.02B | 30.73B | 21.7B | 13.61B | 12.76B | 36.82B | 32.94B | 51.88B | 54.21M | 50.92M | 8.14B | 20.06B | 5.14B | 4.36B | 3.72B | 6.28B | 2.78B |
| Goodwill | 5.19T | 4.86T | 4.44T | 4.12T | 3.89T | 3.66T | 3.37T | 3.12T | 2.78T | 2.34T | 3.36T | 2.87B | 2.9B | 602.27B | 1.54T | 422.22B | 516.66B | 440.17B | 738.46B | 344.64B |
| Intangible Assets | 3.03T | 2.86T | 2.67T | 2.61T | 2.48T | 2.37T | 1.9T | 1.77T | 1.59T | 1.36T | 1.97T | 1.39B | 1.42B | 302.59B | 793.49B | 222.39B | 186.03B | 161.94B | 280.72B | 133.76B |
| Other Assets | 115.35B | 97.44B | 17.47B | 452.58B | 75.02B | 425.21B | 49.4B | 17.14B | 28.27B | 21.71B | 43.3B | 3.34M | 3.73M | 2.03B | 5.57B | 2.39B | 2.2B | 2.22B | 4.2B | 3.03B |
| Total Liabilities | 10.33T | 10.06T | 9.64T | 9.09T | 8.26T | 7.94T | 5.41T | 4.96T | 4.61T | 4.17T | 7.04T | 4.92B | 5.14B | 1.09T | 2.85T | 774.21B | 657.29B | 579.19B | 1.03T | 485.94B |
| Total Debt | 6.01T | 5.89T | 4.31T | 5.49T | 4.74T | 4.44T | 3.09T | 2.87T | 2.7T | 2.56T | 4.83T | 2.45B | 2.51B | 606.38B | 1.55T | 424.49B | 361.55B | 318.2B | 556.43B | 265.91B |
| Net Debt | 5.61T | 5.21T | 3.84T | 5.1T | 4.42T | 4.03T | 2.77T | 2.69T | 2.56T | 2.41T | 4.48T | 2.17B | 2.27B | 564.79B | 1.43T | 391.84B | 340.14B | 296.69B | 517.76B | 248.84B |
| Long-Term Debt | 4.5T | 4.19T | 2.75T | 3.69T | 3.04T | 2.92T | 1.81T | 1.63T | 1.74T | 1.59T | 3.41T | 1.64B | 1.61B | 389.68B | 1.04T | 299.75B | 246.08B | 218.11B | 393.58B | 182.01B |
| Short-Term Borrowings | 1.11T | 1.3T | 1.33T | 1.43T | 1.37T | 1.2T | 1.07T | 1.05T | 827.44B | 854.75B | 1.23T | 715.87M | 797.43M | 181.04B | 418.97B | 100.75B | 92.84B | 80.34B | 126B | 66.51B |
| Capital Lease Obligations | 410.77B | 402.81B | 239.17B | 365.91B | 325.65B | 320.42B | 212.98B | 178.01B | 132.94B | 113.53B | 193.04B | 94.14M | 105.38M | 35.66B | 89.99B | 23.99B | 22.63B | 19.75B | 36.85B | 17.39B |
| Total Current Liabilities | 3.63T | 3.74T | 3.84T | 3.33T | 3.22T | 3.11T | 1.96T | 1.79T | 1.52T | 1.53T | 2.41T | 1.63B | 1.76B | 359.91B | 897.82B | 249B | 216.57B | 187.38B | 322.54B | 150.97B |
| Accounts Payable | 1.09T | 998.62B | 1.11T | 961.99B | 938.48B | 846B | 444.69B | 392.7B | 391.42B | 418B | 777.1B | 491.78M | 526.06M | 107.12B | 277.95B | 61.97B | 57.44B | 45.1B | 95.9B | 43.95B |
| Accrued Expenses | 0 | 0 | 397.63B | 0 | 0 | 0 | 0 | 158.96B | 125.89B | 119.54B | 0 | 160.61M | 151.25M | 34.95B | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 62.04B | 0 | 0 | 0 | 26.23B | 21.28B | 15.35B | 12.09B | 21.08B | 19.76M | 20.43M | 4.66B | 3.97B | 4.03B | 3.52B | 3.15B | 5.44B | 2.51B |
| Other Current Liabilities | 175.36B | 205.53B | 875.45B | 148.34B | 114.17B | 102.36B | 30.54B | 20.53B | 19.48B | 19.38B | 30.96B | 179.51M | 260.78M | 6.63B | 28.49B | 7.34B | 4.67B | 2.5B | 5.27B | 2.41B |
| Deferred Taxes | 1.34T | 1.27T | 1.18T | 1.48T | 1.42T | 1.38T | 1.41T | 1.33T | 1.19T | 906.45B | 1T | 1.27B | 1.36B | 300.09B | 797.87B | 194.74B | 163.96B | 146.05B | 263.42B | 127.49B |
| Other Liabilities | 606.44B | 605.32B | 1.6T | 375.61B | 374.68B | 363.1B | 90.14B | 81.19B | 70.47B | 59.57B | 81.14B | 268.08M | 309.3M | 17.47B | 51.5B | 14.17B | 15.49B | 13.37B | 25.07B | 12.64B |
| Total Equity | 8.93T | 8.22T | 6.98T | 6.54T | 6.3T | 6.09T | 5.53T | 5.24T | 4.73T | 3.98T | 4.89T | 4.75B | 4.72B | 1.02T | 2.53T | 703.92B | 745.3B | 660.48B | 1.07T | 492.58B |
| Equity Growth % | 41.67% | 34.85% | 26.12% | 24.84% | 33.26% | 53.29% | 13.19% | - | - | 291.05% | 93.24% | -99.32% | -99.37% | 53.94% | 136.24% | 42.91% | 54.36% | 47.33% | 82.49% | 30.88% |
| Shareholders Equity | 8.83T | 8.09T | 6.86T | 6.44T | 6.22T | 6.02T | 5.43T | 5.14T | 4.64T | 3.89T | 4.72T | 4.66B | 4.62B | 996.39B | 2.48T | 690.9B | 734.47B | 650.67B | 1.05T | 484.85B |
| Minority Interest | 96.22B | 124.54B | 119.4B | 101.59B | 76.43B | 75.29B | 109.78B | 98.8B | 92.77B | 89.92B | 168.88B | 97.81M | 101.05M | 20.34B | 50.48B | 13.03B | 10.83B | 9.8B | 16.7B | 7.73B |
| Common Stock | 0 | 0 | 2.15B | 2.15B | 2.15B | 2.15B | 2.15B | 2.15B | 2.15B | 2.15B | 2.15B | 6.15M | 8.39M | 2.15B | 2.15B | 2.15B | 0 | 0 | 2.15B | 0 |
| Additional Paid-in Capital | 0 | 0 | 2.46T | 3.04T | 2.87T | 2.8T | 2.58T | 2.39T | 2.13T | 1.91T | 2.75T | 1.6B | 1.61B | 827.17B | 2.12T | 579.32B | 0 | 0 | 709.28B | 0 |
| Retained Earnings | 0 | 0 | 3.1T | -289.16B | 100.76B | 3.46T | 1.01T | 938.64B | 851.68B | 281.49B | -561.24B | 2.59B | 2.53B | 601.93B | -647.21B | -164.87B | 0 | 0 | 16.74B | 0 |
| Accumulated OCI | 0 | 0 | 1.3T | 1.4T | 3.25T | -244.21B | -41.58B | 76.76B | 106.7B | 385.76B | 659.32B | 467.75M | 472.46M | 58.33B | 151.21B | 41.05B | 0 | 0 | 52.28B | 0 |
| Return on Assets (ROA) | 0.93% | 3.65% | 0.74% | -1.33% | -1.25% | 0.95% | 0.7% | -0.17% | 0.87% | 10.45% | -5.68% | 958.53% | 0.33% | 2.87% | -1.25% | -33.58% | 0.6% | 2.88% | 0.54% | 0.49% |
| Return on Equity (ROE) | 2.03% | 8.38% | 1.76% | -3.12% | -2.88% | 2.03% | 1.37% | -0.33% | 1.75% | 23.65% | -13.85% | 1975.84% | 0.68% | 6.07% | -2.66% | -66.76% | 1.12% | 5.55% | 1.06% | 0.96% |
| Debt / Equity | 0.67x | 0.72x | 0.62x | 0.84x | 0.75x | 0.73x | 0.56x | 0.55x | 0.57x | 0.64x | 0.99x | 0.52x | 0.53x | 0.60x | 0.61x | 0.60x | 0.49x | 0.48x | 0.52x | 0.54x |
| Debt / Assets | 31.23% | 32.23% | 25.96% | 35.1% | 32.57% | 31.64% | 28.26% | 28.12% | 28.97% | 31.45% | 40.5% | 25.38% | 25.44% | 28.75% | 28.82% | 28.72% | 25.78% | 25.67% | 26.47% | 27.17% |
| Net Debt / EBITDA | 3.73x | 3.87x | - | 4.51x | 4.28x | 4.07x | 8.10x | 8.02x | 7.35x | 7.46x | 15.92x | 0.01x | 0.01x | 2.25x | 1106.13x | - | 4.75x | 3.77x | 13.92x | 3.50x |
| Book Value per Share | 20.72K | 19.08K | 16.21K | 15.18K | 14.63K | 14.15K | 12.85K | 12.16K | 10.98K | 9.23K | 11.35K | 11.04 | 10.96 | 2.36K | 5.87K | 1.63K | 1.73K | 1.53K | 2.49K | 1.14K |