Volkswagen Balance Sheet Health
Financial Health criteria checks 4/6
Volkswagen has a total shareholder equity of €194.5B and total debt of €246.6B, which brings its debt-to-equity ratio to 126.8%. Its total assets and total liabilities are €622.2B and €427.7B respectively. Volkswagen's EBIT is €23.5B making its interest coverage ratio 30.5. It has cash and short-term investments of €49.5B.
Key information
126.8%
Debt to equity ratio
€246.63b
Debt
Interest coverage ratio | 30.5x |
Cash | €49.52b |
Equity | €194.48b |
Total liabilities | €427.73b |
Total assets | €622.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOW's short term assets (€256.1B) exceed its short term liabilities (€220.3B).
Long Term Liabilities: VOW's short term assets (€256.1B) exceed its long term liabilities (€207.4B).
Debt to Equity History and Analysis
Debt Level: VOW's net debt to equity ratio (101.4%) is considered high.
Reducing Debt: VOW's debt to equity ratio has reduced from 164% to 126.8% over the past 5 years.
Debt Coverage: VOW's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: VOW's interest payments on its debt are well covered by EBIT (30.5x coverage).