VIVTelefônica Brasil S.A.

$11.61

Is it safe?

Can VIV take a bad year?

Telefônica Brasil S.A. carries $13.3B of net debt at 0.54× EBITDA: a load its earnings can carry.

$13.3B

Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.54×

Net debt / EBITDA · 0.61× a year ago · the load is coming down

Interest cover
2.23×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
30%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2025
$20.3B
Cash and short-term investments
$7.03B
Net debt
$13.3B
EBITDA, trailing twelve months
$24.8B
Operating profit, trailing twelve months
$9.86B
Debt / equity
0.29×
Total debt / EBITDA
0.82×
Annualised volatilitytwo years of daily moves
30%
Worst drawdown on file
−48%
Below its 52-week high
−29%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.