TIM S.A. (TIMB) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 14.09B | 13.46B | 14.09B | 13.46B | 12.96B | 12.66B | 11.25B | 10.4B | 10.33B | 11.4B | 2.17B | 1.92B | 1.95B | 10.36B | 1.73B | 1.67B | 2.86B | 15.4B | 2.31B | 2.53B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 4.02B | 85.83M | 3.67B | 2.99B | 2.84B | 3.26B | 2.29B | 2.11B | 1.98B | 3.08B | 4.96M | 5.69M | 14.52M | 2.55B | 424.4M | 229.2M | 15.36M | 5.23B | 6.54M | 15.12M |
| Short-Term Investments | 1.85B | 5.8B | 2.86B | 2.48B | 2.49B | 2.43B | 2.05B | 1.2B | 1.39B | 1.96B | 883.36M | 686.39M | 750.84M | 2.19B | 260.18M | 207.99M | 1.68B | 4.57B | 1.35B | 1.4B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 66.81 | 66.14 | 70.94 | 71.58 | 68.45 | 63.24 | 62.35 | 59.95 | 57.87 | 32.44 | 11.05 | 10.93 | 32.63 | 31.94 | 10.57 | 11.06 | 35.28 | 34.16 | 10.81 | 10.98 |
| Inventory | 387.48M | 357.2M | 353.44M | 358.23M | 329.54M | 293.53M | 382.26M | 415.9M | 404.69M | 331.78M | 82.99M | 77.62M | 59.39M | 236.12M | 51.39M | 53.57M | 46.78M | 202.55M | 42.42M | 44.98M |
| Days Inventory Outstanding | 10.34 | 10.65 | 10.82 | 10.14 | 9.09 | 10.14 | 11.63 | 12.81 | 11.35 | 6.55 | 2.6 | 2.13 | 4.73 | 4.61 | 1.72 | 1.71 | 4.88 | 5.21 | 1.92 | 2.13 |
| Other Current Assets | 718.82M | 1.96B | 657.14M | 704.56M | 603.48M | 588.2M | 619.77M | 613.8M | 564.94M | 538.86M | 119.36M | 119.12M | 97.16M | 438.83M | 74.1M | 97.14M | 82.52M | 331.54M | 67.07M | 102.04M |
| Total Non-Current Assets | 43.71B | 43.47B | 43.29B | 43.5B | 43.5B | 43.66B | 43.28B | 43.64B | 44B | 43.86B | 9.02B | 9.62B | 9.21B | 46.04B | 8.38B | 8.71B | 7.45B | 34.42B | 5.76B | 6.21B |
| Property, Plant & Equipment | 23.25B | 23.27B | 23.11B | 23.25B | 23.06B | 22.82B | 22.47B | 22.57B | 22.69B | 22.41B | 4.52B | 4.79B | 4.6B | 22.66B | 4.27B | 4.52B | 4.06B | 18.31B | 3.2B | 3.47B |
| Fixed Asset Turnover | 0.29x | 0.30x | 0.29x | 0.29x | 0.28x | 0.29x | 0.29x | 0.28x | 0.27x | 0.47x | 1.30x | 1.25x | 0.41x | 0.43x | 1.28x | 1.25x | 0.42x | 0.45x | 1.35x | 1.31x |
| Goodwill | 3.24B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 621.79M | 645.14M | 613.81M | 3.11B | 493.79M | 464M | 100.12M | 475.74M | 88.13M | 89.89M |
| Intangible Assets | 11.51B | 11.38B | 11.4B | 11.52B | 11.71B | 11.74B | 11.81B | 12.08B | 12.34B | 12.51B | 2.53B | 2.68B | 2.61B | 13.3B | 2.45B | 2.55B | 2.13B | 10.11B | 1.24B | 1.4B |
| Long-Term Investments | 1.77B | 2.81B | 1.81B | 1.85B | 1.81B | 1.93B | 1.76B | 1.72B | 1.66B | 1.68B | 809.88M | 837.48M | 801.4M | 1.55B | 630.01M | 644.03M | 681.26M | 1.61B | 286.01M | 289.33M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 57.8B | 56.94B | 57.37B | 56.95B | 56.46B | 56.33B | 54.54B | 54.03B | 54.33B | 55.26B | 11.18B | 11.55B | 11.16B | 56.41B | 10.11B | 10.38B | 10.32B | 49.82B | 8.07B | 8.74B |
| Asset Turnover | 0.12x | 0.12x | 0.12x | 0.12x | 0.11x | 0.12x | 0.12x | 0.12x | 0.11x | 0.19x | 0.53x | 0.52x | 0.17x | 0.18x | 0.55x | 0.52x | 0.16x | 0.17x | 0.54x | 0.55x |
| Asset Growth % | 2.37% | 1.09% | 5.2% | 5.4% | 3.91% | 1.93% | 387.67% | 367.92% | 386.79% | -2.04% | 10.6% | 11.2% | 8.19% | 13.23% | 25.27% | 18.81% | 41.59% | 521.23% | -79.72% | 20.49% |
| Total Current Liabilities | 15.38B | 15.2B | 14.68B | 14.86B | 14.73B | 12.83B | 11.63B | 11.76B | 12.77B | 12.88B | 2.74B | 2.75B | 2.64B | 13.12B | 1.91B | 1.85B | 1.84B | 10.61B | 1.25B | 1.52B |
| Accounts Payable | 5.18B | 5.14B | 4.22B | 4.52B | 4.53B | 4.99B | 3.65B | 3.65B | 3.91B | 4.61B | 769.96M | 756.83M | 761.93M | 4.24B | 766.75M | 780.84M | 633.36M | 3.27B | 486.93M | 516.16M |
| Days Payables Outstanding | 143.21 | 140.26 | 132.93 | 133.46 | 138.91 | 129.65 | 106.38 | 118.01 | 131.34 | 84.98 | 24.74 | 23.56 | 80.01 | 80.21 | 25.34 | 24.04 | 76.3 | 79.89 | 22.05 | 21.44 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 653.1M | 2.22B | 666.78M | 658.07M | 334.21M | 322.55M | 303.81M | 654.81M | 821.25M | 360.99M | 990.27M | 813.26M | 946.71M | 476.1M | 329.66M | 219.7M | 801.37M | 207.79M | 334.64M | 368M |
| Current Ratio | 0.92x | 0.89x | 0.96x | 0.91x | 0.88x | 0.99x | 0.97x | 0.88x | 0.81x | 0.89x | 0.79x | 0.70x | 0.74x | 0.79x | 0.90x | 0.90x | 1.56x | 1.45x | 1.85x | 1.67x |
| Quick Ratio | 0.89x | 0.86x | 0.94x | 0.88x | 0.86x | 0.96x | 0.93x | 0.85x | 0.78x | 0.86x | 0.76x | 0.67x | 0.72x | 0.77x | 0.88x | 0.88x | 1.53x | 1.43x | 1.81x | 1.64x |
| Cash Conversion Cycle | -66.06 | -63.47 | -51.17 | -51.74 | -61.36 | -56.28 | -32.4 | -45.25 | -62.13 | -45.99 | -11.08 | -10.51 | -42.65 | -43.66 | -13.05 | -11.27 | -36.15 | -40.52 | -9.31 | -8.33 |
| Total Non-Current Liabilities | 17.99B | 17.76B | 17.48B | 16.97B | 17.27B | 17.1B | 16.93B | 16.8B | 16.54B | 16.36B | 3.33B | 3.55B | 3.55B | 17.89B | 3.52B | 3.69B | 3.15B | 14.1B | 2.3B | 2.49B |
| Long-Term Debt | 1.85B | 13.91B | 1.9B | 1.96B | 2.67B | 2.69B | 2.73B | 2.72B | 2.49B | 2.5B | 511.27M | 542.91M | 618.41M | 3.7B | 854.57M | 878.66M | 680.29M | 3.31B | 528.67M | 554.12M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 33.38B | 32.96B | 32.16B | 31.83B | 32B | 29.92B | 28.56B | 28.56B | 29.31B | 29.24B | 6.07B | 6.3B | 6.19B | 31.01B | 5.43B | 5.54B | 4.98B | 24.71B | 3.55B | 4B |
| Total Debt | 16.74B | 28.59B | 16.36B | 16.22B | 15.8B | 15.61B | 15.64B | 15.58B | 15.64B | 16.03B | 3.48B | 3.71B | 3.58B | 17.8B | 3.22B | 3.35B | 2.77B | 12.91B | 2.19B | 2.52B |
| Net Debt | 12.72B | 28.51B | 12.69B | 13.23B | 12.95B | 12.35B | 13.36B | 13.46B | 13.66B | 12.95B | 3.48B | 3.7B | 3.56B | 15.25B | 2.8B | 3.12B | 2.76B | 7.68B | 2.18B | 2.51B |
| Debt / Equity | 0.69x | 1.19x | 0.65x | 0.65x | 0.65x | 0.59x | 0.60x | 0.61x | 0.63x | 0.62x | 0.68x | 0.71x | 0.72x | 0.70x | 0.69x | 0.69x | 0.52x | 0.51x | 0.48x | 0.53x |
| Debt / EBITDA | 5.05x | 9.52x | 4.75x | 4.88x | 5.20x | 4.51x | 4.79x | 4.98x | 5.45x | 4.86x | 1.17x | 1.29x | 1.38x | 8.32x | 1.22x | 1.38x | 1.75x | 4.06x | 1.01x | 1.21x |
| Net Debt / EBITDA | 3.84x | 9.50x | 3.68x | 3.98x | 4.26x | 3.57x | 4.09x | 4.30x | 4.76x | 3.93x | 1.17x | 1.29x | 1.38x | 7.13x | 1.06x | 1.29x | 1.74x | 2.41x | 1.01x | 1.20x |
| Interest Coverage | 2.54x | 3.40x | 2.48x | 2.49x | 2.10x | 2.87x | 3.04x | 2.40x | 10.60x | 11.92x | 2.21x | 1.83x | 4.06x | 15.12x | 1.54x | 1.37x | 1.20x | 3.79x | 1.69x | 2.12x |
| Total Equity | 24.42B | 23.98B | 25.21B | 25.13B | 24.46B | 26.4B | 25.98B | 25.48B | 25.03B | 26.02B | 5.11B | 5.25B | 4.97B | 25.4B | 4.68B | 4.84B | 5.33B | 25.11B | 4.52B | 4.74B |
| Equity Growth % | -0.14% | -9.19% | -2.94% | -1.37% | -2.28% | 1.49% | 408.41% | 385.23% | 403.2% | 2.44% | 9.25% | 8.39% | -6.73% | 1.16% | 3.41% | 2.24% | 28.24% | 462.54% | -80.55% | 13.86% |
| Book Value per Share | 51.10 | 50.00 | 52.19 | 51.91 | 50.51 | 54.54 | 53.66 | 52.68 | 51.68 | 53.74 | 10.55 | 10.84 | 10.27 | 52.46 | 8.36 | 10.01 | 11.01 | 51.86 | 9.34 | 9.79 |
| Total Shareholders' Equity | 24.42B | 23.98B | 25.21B | 25.13B | 24.46B | 26.4B | 25.98B | 25.48B | 25.03B | 26.02B | 5.11B | 5.25B | 4.97B | 25.4B | 4.68B | 4.84B | 5.33B | 25.11B | 4.52B | 4.74B |
| Common Stock | 13.48B | 13.48B | 13.48B | 13.48B | 13.48B | 13.48B | 13.48B | 13.48B | 13.48B | 13.48B | 2.69B | 2.79B | 2.66B | 13.48B | 2.49B | 2.58B | 2.84B | 13.48B | 2.47B | 2.69B |
| Retained Earnings | 427.09M | 10.19B | 1.68B | 1.27B | 597.62M | 0 | 1.31B | 800.64M | 319.42M | 0 | 161.81M | 107.57M | 81.34M | 0 | 2.11B | 1.97B | 44.27M | 0 | 266.91M | 119.39M |
| Treasury Stock | -78.54M | -78.54M | -343.44M | -51.36M | -16.47M | -3.45M | -47.99M | -47.99M | -9.33M | -2.98M | -596.18K | -33.79K | -32.15K | -163K | -306.16K | -5.72M | -1.02M | -4.86M | -998.92K | -4.01M |
| Accumulated OCI | 10.59B | 385.28M | 10.4B | 10.43B | 10.4B | 12.93B | 11.24B | 11.25B | 11.24B | 12.54B | 2.26B | 2.35B | 2.23B | 11.92B | 73.11M | 306.4M | 2.45B | 11.63B | 1.78B | 1.94B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |