Volvo Car AB (publ.) Balance Sheet Health
Financial Health criteria checks 6/6
Volvo Car AB (publ.) has a total shareholder equity of SEK112.9B and total debt of SEK28.5B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are SEK297.5B and SEK184.6B respectively. Volvo Car AB (publ.)'s EBIT is SEK18.7B making its interest coverage ratio 69.7. It has cash and short-term investments of SEK57.2B.
Key information
25.2%
Debt to equity ratio
SEK 28.49b
Debt
| Interest coverage ratio | 69.7x |
| Cash | SEK 57.24b |
| Equity | SEK 112.93b |
| Total liabilities | SEK 184.61b |
| Total assets | SEK 297.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8JO0's short term assets (SEK135.3B) exceed its short term liabilities (SEK120.4B).
Long Term Liabilities: 8JO0's short term assets (SEK135.3B) exceed its long term liabilities (SEK64.2B).
Debt to Equity History and Analysis
Debt Level: 8JO0 has more cash than its total debt.
Reducing Debt: 8JO0's debt to equity ratio has reduced from 48.2% to 25.2% over the past 5 years.
Debt Coverage: 8JO0's debt is well covered by operating cash flow (107.6%).
Interest Coverage: 8JO0's interest payments on its debt are well covered by EBIT (69.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/24 10:48 |
| End of Day Share Price | 2022/04/26 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Volvo Car AB (publ.) is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stuart Pearson | BNP Paribas Exane |
| Hanna Dorothee Cresswell | BNP Paribas Exane |
| Lena Osterberg | Carnegie Investment Bank AB |