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AB Volvo Balance Sheet Health
Financial Health criteria checks 4/6
AB Volvo has a total shareholder equity of SEK155.5B and total debt of SEK185.7B, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are SEK573.7B and SEK418.2B respectively. AB Volvo's EBIT is SEK41.4B making its interest coverage ratio 72.7. It has cash and short-term investments of SEK54.4B.
Key information
119.4%
Debt to equity ratio
SEK 185.74b
Debt
| Interest coverage ratio | 72.7x |
| Cash | SEK 54.36b |
| Equity | SEK 155.54b |
| Total liabilities | SEK 418.15b |
| Total assets | SEK 573.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOL3's short term assets (SEK286.6B) exceed its short term liabilities (SEK227.1B).
Long Term Liabilities: VOL3's short term assets (SEK286.6B) exceed its long term liabilities (SEK191.0B).
Debt to Equity History and Analysis
Debt Level: VOL3's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: VOL3's debt to equity ratio has reduced from 131% to 119.4% over the past 5 years.
Debt Coverage: VOL3's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: VOL3's interest payments on its debt are well covered by EBIT (72.7x coverage).