Telenor ASA (TEQA) Ratios
Telenor ASA Ratios
DE:TEQA's free cash flow for Q3 2026 was $6.14B. For the 2026 fiscal year, DE:TEQA's free cash flow was decreased by $-2.72B and operating cash flow was $8.86B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.71 | 0.59 | 0.86 | 0.60 | 0.71 |
| Quick Ratio | 0.69 | 0.57 | 0.84 | 0.57 | 0.68 |
| Cash Ratio | 0.36 | 0.22 | 0.43 | 0.18 | 0.24 |
| Solvency Ratio | 0.18 | 0.24 | 0.21 | 0.18 | 0.18 |
| Operating Cash Flow Ratio | 0.69 | 0.68 | 0.63 | 0.73 | 0.68 |
| Short-Term Operating Cash Flow Coverage | 2.49 | 2.77 | 2.48 | 4.58 | 4.59 |
| Net Current Asset Value | $ -112.90B | $ -119.59B | $ -108.19B | $ -142.69B | $ -150.40B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.45 | 0.44 | 0.47 | 0.50 | 0.58 |
| Debt-to-Equity Ratio | 1.41 | 1.33 | 1.58 | 1.97 | 5.00 |
| Debt-to-Capital Ratio | 0.58 | 0.57 | 0.61 | 0.66 | 0.83 |
| Long-Term Debt-to-Capital Ratio | 0.51 | 0.49 | 0.53 | 0.57 | 0.77 |
| Financial Leverage Ratio | 3.09 | 3.00 | 3.39 | 3.98 | 8.59 |
| Debt Service Coverage Ratio | 2.07 | 2.70 | 1.16 | 3.78 | 2.76 |
| Interest Coverage Ratio | 5.44 | 4.22 | 3.98 | 5.33 | 7.17 |
| Debt to Market Cap | 0.42 | 0.48 | 0.52 | 0.69 | 0.50 |
| Interest Debt Per Share | 75.96 | 77.03 | 76.72 | 86.58 | 96.03 |
| Net Debt to EBITDA | 2.26 | 1.97 | 3.61 | 2.76 | 2.94 |
| Profitability Margins | |||||
| Gross Profit Margin | 77.47% | 77.82% | 76.31% | 73.32% | 73.53% |
| EBIT Margin | 26.03% | 36.64% | 6.66% | 11.30% | 14.70% |
| EBITDA Margin | 48.64% | 57.83% | 28.45% | 39.81% | 35.79% |
| Operating Profit Margin | 23.71% | 23.30% | 21.09% | 14.21% | 19.51% |
| Pretax Profit Margin | 21.68% | 30.14% | 1.36% | 10.85% | 15.50% |
| Net Profit Margin | 10.69% | 22.94% | 17.07% | 13.79% | 10.29% |
| Continuous Operations Profit Margin | 15.98% | 25.48% | -4.02% | 12.48% | 7.90% |
| Net Income Per EBT | 49.33% | 76.10% | 1251.96% | 127.15% | 66.40% |
| EBT Per EBIT | 91.42% | 129.38% | 6.47% | 76.33% | 79.44% |
| Return on Assets (ROA) | 3.69% | 7.99% | 6.29% | 5.70% | 5.03% |
| Return on Equity (ROE) | 11.43% | 23.93% | 21.30% | 22.69% | 43.15% |
| Return on Capital Employed (ROCE) | 10.28% | 10.17% | 9.84% | 7.58% | 13.15% |
| Return on Invested Capital (ROIC) | 6.94% | 7.94% | -26.58% | 7.01% | 7.94% |
| Return on Tangible Assets | 4.42% | 9.47% | 7.47% | 6.75% | 6.03% |
| Earnings Yield | 4.06% | 10.50% | 8.48% | 10.74% | 5.87% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.64 | 6.20 | 5.85 | 6.59 | 7.22 |
| Payables Turnover | 1.98 | 0.78 | 3.46 | 3.32 | 3.21 |
| Inventory Turnover | 48.85 | 20.22 | 19.95 | 16.94 | 18.67 |
| Fixed Asset Turnover | 1.06 | 0.99 | 1.04 | 0.89 | 0.89 |
| Asset Turnover | 0.35 | 0.35 | 0.37 | 0.41 | 0.49 |
| Working Capital Turnover Ratio | -4.76 | -6.35 | -5.78 | -4.96 | -7.66 |
| Cash Conversion Cycle | -121.69 | -391.89 | -24.68 | -33.00 | -43.48 |
| Days of Sales Outstanding | 54.97 | 58.87 | 62.39 | 55.42 | 50.58 |
| Days of Inventory Outstanding | 7.47 | 18.05 | 18.29 | 21.55 | 19.55 |
| Days of Payables Outstanding | 184.14 | 468.81 | 105.36 | 109.97 | 113.62 |
| Operating Cycle | 62.45 | 76.93 | 80.68 | 76.97 | 70.14 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 22.81 | 22.87 | 20.99 | 28.03 | 30.21 |
| Free Cash Flow Per Share | 14.09 | 13.15 | 10.37 | 14.24 | 16.31 |
| Dividend Paid and CapEx Coverage Ratio | 1.25 | 1.19 | 1.05 | 1.21 | 1.32 |
| Capital Expenditure Coverage Ratio | 2.62 | 2.35 | 1.98 | 2.03 | 2.17 |
| Operating Cash Flow Coverage Ratio | 0.31 | 0.31 | 0.28 | 0.33 | 0.32 |
| Operating Cash Flow to Sales Ratio | 0.41 | 0.39 | 0.36 | 0.40 | 0.38 |
| Free Cash Flow Yield | 9.57% | 10.37% | 8.88% | 15.68% | 11.81% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 24.63 | 9.14 | 11.80 | 9.31 | 17.03 |
| Price-to-Sales (P/S) Ratio | 2.63 | 2.18 | 2.01 | 1.28 | 1.75 |
| Price-to-Book (P/B) Ratio | 2.82 | 2.28 | 2.51 | 2.11 | 7.35 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 10.45 | 9.65 | 11.26 | 6.38 | 8.46 |
| Price-to-Operating Cash Flow Ratio | 6.46 | 5.55 | 5.56 | 3.24 | 4.57 |
| Price-to-Earnings Growth (PEG) Ratio | -0.43 | 0.23 | 7.67 | 0.46 | -0.64 |
| Enterprise Value Multiple | 7.68 | 5.75 | 10.69 | 5.98 | 7.84 |
| Enterprise Value | 285.95B | 265.84B | 244.67B | 235.67B | 309.37B |
| EV to EBITDA | 7.68 | 5.75 | 10.69 | 5.98 | 7.84 |
| EV to Sales | 3.74 | 3.33 | 3.04 | 2.38 | 2.81 |
| EV to Free Cash Flow | 14.82 | 14.69 | 17.00 | 11.83 | 13.55 |
| EV to Operating Cash Flow | 9.16 | 8.44 | 8.40 | 6.01 | 7.32 |
| Tangible Book Value Per Share | 29.63 | 33.91 | 25.88 | 19.54 | -4.39 |
| Shareholders’ Equity Per Share | 52.31 | 55.66 | 46.47 | 42.97 | 18.79 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.26 | 0.15 | 3.95 | -0.27 | 0.34 |
| Revenue Per Share | 55.92 | 58.06 | 57.98 | 70.71 | 78.77 |
| Net Income Per Share | 5.98 | 13.32 | 9.90 | 9.75 | 8.11 |
| Tax Burden | 0.49 | 0.76 | 12.52 | 1.27 | 0.66 |
| Interest Burden | 0.83 | 0.82 | 0.20 | 0.96 | 1.05 |
| Research & Development to Revenue | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| SG&A to Revenue | 0.07 | 0.09 | 0.02 | 0.02 | 0.02 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.14 | 1.28 | 1.46 | 0.86 | 4.07 |
Currency in NOK