AB Volvo Balance Sheet Health
Financial Health criteria checks 3/6
AB Volvo has a total shareholder equity of SEK182.3B and total debt of SEK242.6B, which brings its debt-to-equity ratio to 133.1%. Its total assets and total liabilities are SEK672.3B and SEK490.0B respectively. AB Volvo's EBIT is SEK82.2B making its interest coverage ratio -42.5. It has cash and short-term investments of SEK68.7B.
Key information
133.1%
Debt to equity ratio
SEK 242.63b
Debt
| Interest coverage ratio | -42.5x |
| Cash | SEK 68.73b |
| Equity | SEK 182.31b |
| Total liabilities | SEK 490.03b |
| Total assets | SEK 672.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOL1's short term assets (SEK337.6B) exceed its short term liabilities (SEK261.1B).
Long Term Liabilities: VOL1's short term assets (SEK337.6B) exceed its long term liabilities (SEK228.9B).
Debt to Equity History and Analysis
Debt Level: VOL1's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: VOL1's debt to equity ratio has increased from 113% to 133.1% over the past 5 years.
Debt Coverage: VOL1's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: VOL1 earns more interest than it pays, so coverage of interest payments is not a concern.