Volkswagen Balance Sheet Health
Financial Health criteria checks 4/6
Volkswagen has a total shareholder equity of €192.3B and total debt of €257.2B, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are €630.4B and €438.0B respectively. Volkswagen's EBIT is €23.6B making its interest coverage ratio 30.3. It has cash and short-term investments of €45.0B.
Key information
133.7%
Debt to equity ratio
€257.17b
Debt
| Interest coverage ratio | 30.3x |
| Cash | €45.02b |
| Equity | €192.35b |
| Total liabilities | €438.04b |
| Total assets | €630.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOWA's short term assets (€260.5B) exceed its short term liabilities (€228.9B).
Long Term Liabilities: VOWA's short term assets (€260.5B) exceed its long term liabilities (€209.1B).
Debt to Equity History and Analysis
Debt Level: VOWA's net debt to equity ratio (110.3%) is considered high.
Reducing Debt: VOWA's debt to equity ratio has reduced from 167.8% to 133.7% over the past 5 years.
Debt Coverage: VOWA's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: VOWA's interest payments on its debt are well covered by EBIT (30.3x coverage).