AB Volvo Balance Sheet Health
Financial Health criteria checks 3/6
AB Volvo has a total shareholder equity of SEK177.2B and total debt of SEK231.2B, which brings its debt-to-equity ratio to 130.4%. Its total assets and total liabilities are SEK680.2B and SEK502.9B respectively. AB Volvo's EBIT is SEK63.2B making its interest coverage ratio -60. It has cash and short-term investments of SEK65.2B.
Key information
130.4%
Debt to equity ratio
SEK 231.17b
Debt
| Interest coverage ratio | -60x |
| Cash | SEK 65.24b |
| Equity | SEK 177.22b |
| Total liabilities | SEK 502.93b |
| Total assets | SEK 680.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOLVBS's short term assets (SEK351.4B) exceed its short term liabilities (SEK293.1B).
Long Term Liabilities: VOLVBS's short term assets (SEK351.4B) exceed its long term liabilities (SEK209.8B).
Debt to Equity History and Analysis
Debt Level: VOLVBS's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: VOLVBS's debt to equity ratio has increased from 107.7% to 130.4% over the past 5 years.
Debt Coverage: VOLVBS's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: VOLVBS earns more interest than it pays, so coverage of interest payments is not a concern.