Telefônica Brasil (VIV) Balance Sheet: Assets & Liabilities

Telefônica Brasil (VIV) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Telefônica Brasil reported total assets of BRL 128.07B and total liabilities of BRL 59.07B. Shareholders' equity was BRL 68.72B, down 1.5% from BRL 69.80B a year earlier. Total debt stood at BRL 4.91B against BRL 7.13B in cash and short-term investments, a net cash position of BRL 2.22B. That puts debt-to-equity at 0.07, compared with 0.23 a year earlier.

Telefônica Brasil Balance Sheet Analysis

Values in billions BRL

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Telefônica Brasil S.A. (VIV) - Annual data in billions BRL
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	7.03	6.69	4.36	2.27	6.45	5.76	3.39	3.38	4.05
Short-Term Investments	0.10	0.00	0.00	0.00	0.03	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	7.13	6.69	4.36	2.27	6.48	5.76	3.39	3.38	4.05
Accounts Receivable	10.62	9.47	12.27	8.69	8.10	8.18	13.31	13.25	11.32
Inventory	1.48	1.10	0.82	0.79	0.64	0.63	0.58	0.46	0.35
Other Current Assets	0.42	2.40	1.79	0.49	1.74	4.48	1.37	0.88	1.18
Total Current Assets	25.22	22.81	19.24	17.28	21.06	19.06	18.65	18.36	16.73
Non-Current Assets
Property, Plant & Equipment (Net)	47.36	46.81	46.32	45.90	44.41	44.35	42.85	34.12	33.22
Long-Term Investments	3.61	0.57	0.48	0.37	0.36	0.19	0.17	0.18	0.10
Goodwill	27.24	26.57	26.39	26.36	22.87	23.03	23.06	23.06	23.06
Intangible Assets	20.73	21.70	22.57	23.36	21.24	17.56	18.22	19.16	20.27
Other Non-Current Assets	3.34	6.49	5.56	3.12	5.73	4.41	5.18	7.45	7.63
Total Non-Current Assets	102.85	102.13	101.49	101.84	94.60	89.68	89.65	84.20	84.65
Total Assets	128.07	124.94	120.74	119.12	115.66	108.74	108.29	102.56	101.38
Current Liabilities
Accounts Payable	9.86	9.23	8.17	7.42	7.13	6.61	6.87	7.64	7.45
Short-Term Debt	0.47	1.93	4.48	2.52	4.00	3.68	4.13	1.46	3.03
Current Portion of Long-Term Debt	10.70	6.45	4.48	6.02	6.91	-	-	-	-
Accrued Liabilities	6.58	2.83	2.81	2.14	2.38	-	-	-	-
Deferred Revenue	1.08	1.02	0.96	0.85	0.60	0.51	0.51	0.53	0.37
Other Current Liabilities	1.58	4.73	4.87	0.69	5.44	5.46	5.08	5.72	5.28
Total Current Liabilities	25.25	24.26	20.08	22.17	22.46	17.88	17.73	17.16	17.86
Non-Current Liabilities
Long-Term Debt	4.45	14.31	14.26	4.75	10.10	9.56	9.70	4.68	5.43
Deferred Tax Liabilities	4.23	4.02	3.42	3.83	4.17	4.42	3.15	1.98	0.71
Other Non-Current Liabilities	1.75	16.57	13.22	1.48	13.10	7.10	7.05	6.88	7.57
Total Non-Current Liabilities	33.82	30.88	31.03	28.49	23.20	21.31	20.10	13.79	14.06
Total Liabilities	59.07	55.14	51.11	50.67	45.66	39.18	37.83	30.95	31.92
Stockholders' Equity
Common Stock	60.07	62.07	63.57	63.57	63.57	63.57	63.57	63.57	63.57
Retained Earnings	4.31	7.52	5.89	4.63	5.53	1.59	5.69	2.47	2.52
Accumulated Other Comprehensive Income	8.63	0.07	0.11	4.78	0.07	5.99	6.89	8.04	5.89
Additional Paid-in Capital	0.00	0.00	0.00	2.98	-0.54	-1.59	-5.69	-6.79	-4.66
Minority Interest	0.28	0.07	0.06	0.05	0.08	0.00	0.00	0.00	0.00
Shares Outstanding	3.20	3.25	3.31	3.33	3.35	-	-	-	-
Total Stockholders' Equity	68.72	69.80	69.57	68.40	70.01	69.56	70.46	71.61	69.46
Total Liabilities & Equity	128.07	124.94	120.74	119.12	115.66	108.74	108.29	102.56	101.38

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Telefônica Brasil Balance Sheet

How much debt does Telefônica Brasil have?

Telefônica Brasil had total debt of BRL 4.91B as of Dec 31, 2025, against BRL 7.13B in cash and short-term investments. Its debt-to-equity ratio was 0.07. Total debt was BRL 16.24B a year earlier.

What are Telefônica Brasil's total assets?

Telefônica Brasil reported total assets of BRL 128.07B as of Dec 31, 2025, up 2.5% from BRL 124.94B a year earlier. Total liabilities were BRL 59.07B.

What is Telefônica Brasil's shareholders' equity?

Telefônica Brasil's shareholders' equity was BRL 68.72B as of Dec 31, 2025, or about BRL 21.51 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition