D/E ratio history for Telefónica, S.A.
| Date | D/E ratio |
|---|---|
| 31 Dec 2023 | 1.70 |
| 31 Dec 2022 | 1.56 |
| 31 Dec 2021 | 1.90 |
| 31 Dec 2020 | 4.49 |
| 31 Dec 2019 | 3.06 |
| 31 Dec 2018 | 3.05 |
| 31 Dec 2017 | 3.29 |
| 31 Dec 2016 | 3.32 |
| 31 Dec 2015 | 3.36 |
| 31 Dec 2014 | 2.83 |
| 31 Dec 2013 | 2.87 |
| 31 Dec 2012 | 3.10 |
| 31 Dec 2011 | 3.06 |
| 31 Dec 2010 | 2.59 |
| 31 Dec 2009 | 2.67 |
| 31 Dec 2008 | 3.15 |
| 31 Dec 2007 | 2.68 |
| 31 Dec 2006 | 3.44 |
| 31 Dec 2005 | 2.70 |
| 31 Dec 2004 | 0.93 |
| 31 Dec 2003 | 1.06 |
| 31 Dec 2002 | 1.48 |
| 31 Dec 2001 | 1.01 |
| 31 Dec 2000 | 0.90 |
| 31 Dec 1999 | 1.31 |
| 31 Dec 1998 | 1.51 |
| 31 Dec 1997 | 1.11 |
| 31 Dec 1996 | 1.07 |
| 31 Dec 1995 | 1.18 |
| 31 Dec 1994 | 1.35 |
| 31 Dec 1991 | 1.33 |
| 31 Dec 1990 | 1.04 |
| 31 Dec 1989 | 1.03 |
| 31 Dec 1988 | 0.77 |
| 31 Dec 1987 | 0.71 |
| 31 Dec 1986 | 0.00 |
