Volkswagen Balance Sheet Health
Financial Health criteria checks 4/6
Volkswagen has a total shareholder equity of €181.0B and total debt of €219.7B, which brings its debt-to-equity ratio to 121.4%. Its total assets and total liabilities are €581.3B and €400.3B respectively. Volkswagen's EBIT is €21.6B making its interest coverage ratio -41.9. It has cash and short-term investments of €45.1B.
Key information
121.4%
Debt to equity ratio
€219.71b
Debt
Interest coverage ratio | -41.9x |
Cash | €45.07b |
Equity | €180.95b |
Total liabilities | €400.34b |
Total assets | €581.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VWA's short term assets (€237.4B) exceed its short term liabilities (€198.1B).
Long Term Liabilities: VWA's short term assets (€237.4B) exceed its long term liabilities (€202.3B).
Debt to Equity History and Analysis
Debt Level: VWA's net debt to equity ratio (96.5%) is considered high.
Reducing Debt: VWA's debt to equity ratio has reduced from 148.7% to 121.4% over the past 5 years.
Debt Coverage: VWA's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: VWA earns more interest than it pays, so coverage of interest payments is not a concern.