Volkswagen Balance Sheet Health
Financial Health criteria checks 4/6
Volkswagen has a total shareholder equity of €189.9B and total debt of €232.8B, which brings its debt-to-equity ratio to 122.6%. Its total assets and total liabilities are €600.3B and €410.4B respectively. Volkswagen's EBIT is €24.6B making its interest coverage ratio 26.4. It has cash and short-term investments of €50.9B.
Key information
122.6%
Debt to equity ratio
€232.80b
Debt
Interest coverage ratio | 26.4x |
Cash | €50.91b |
Equity | €189.91b |
Total liabilities | €410.43b |
Total assets | €600.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOW3's short term assets (€239.6B) exceed its short term liabilities (€205.9B).
Long Term Liabilities: VOW3's short term assets (€239.6B) exceed its long term liabilities (€204.6B).
Debt to Equity History and Analysis
Debt Level: VOW3's net debt to equity ratio (95.8%) is considered high.
Reducing Debt: VOW3's debt to equity ratio has reduced from 162.7% to 122.6% over the past 5 years.
Debt Coverage: VOW3's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: VOW3's interest payments on its debt are well covered by EBIT (26.4x coverage).