Assets

Telia Company's long-term assets, comprising of property, plant, and equipment, as well as investments in associated companies and joint ventures, demonstrate a stable and consistent growth trend, indicating a strong commitment to capital expenditures and strategic partnerships. Conversely, the company's short-term assets, including cash and cash equivalents, exhibit a relatively stable profile, suggesting a prudent approach to liquidity management. Overall, the company's total assets and investments appear to be well-balanced, with a focus on long-term growth and stability, while also maintaining a healthy level of liquidity.

Shareholders Equity

Telia Company's Shareholders' Equity appears to be influenced by a combination of strategic investments and one-time events, with the company's ability to generate returns on capital employed (ROCE) being a key driver of equity value. The company's decision to change its ROCE definition in the first quarter of 2026 suggests a focus on improving capital efficiency and investment performance, which could have a positive impact on equity value over the long term. However, the company's exposure to contingent liabilities, such as the data breach-related provision, may also be a concern for shareholders, highlighting the need for careful risk management and disclosure.

The value of Telia Equity at the end of Q2 2026 is 53,585 million Euros. The predicted value of Telia Equity at the end of Q2 2027 (e) is 60,843.8 million Euros. The expected change in one year is 7,258.8 million Euros, which is a 13.6% increase from the Q2 2026 value. The change in Telia Equity from 2025 to 2026 is approximately 1335 million Euros, representing a 2.44% increase. From 2026 to 2027, the expected change is 7385 million Euros, corresponding to a 13.16% increase. The year-end values for Equity are 54820 million Euros in 2025, 56155 million Euros in 2026, and 63513 million Euros in 2027.

*Future dividents are not included in prediction

Debt

Telia Company's long-term debt has increased significantly, primarily driven by the acquisition of Bredband2, which has led to a substantial increase in borrowings and a corresponding rise in net debt. This development is likely to have a moderate impact on the company's gearing ratio, which may experience a slight increase due to the higher debt levels, although the company's ability to service its debt remains robust. The equity ratio, on the other hand, may experience a slight decline, but this is largely a consequence of the increased debt levels rather than a deterioration in the company's underlying financial health.

The Net Debt in Q2 2026 is 66,979 million Euros, and the predicted Net Debt in Q2 2027 (e) is 48,911 million Euros. The Net Debt is expected to decrease by 18,068 million Euros, which is a decrease of approximately 27% from Q2 2026 to Q2 2027 (e). The Net Debt is expected to decrease by 2994 million Euros from 2025 to 2026, which is a 4.8% decrease. From 2026 to 2027, the Net Debt is expected to decrease by 17032.2 million Euros, which is a 29.1% decrease. The year-end Net Debt values for 2025, 2026, and 2027 are 61749.0, 58775.0, and 41642.8 million Euros, respectively.