Volkswagen Balance Sheet Health
Financial Health criteria checks 4/6
Volkswagen has a total shareholder equity of €191.6B and total debt of €255.5B, which brings its debt-to-equity ratio to 133.3%. Its total assets and total liabilities are €631.4B and €439.8B respectively. Volkswagen's EBIT is €23.5B making its interest coverage ratio 15.6. It has cash and short-term investments of €49.3B.
Key information
133.3%
Debt to equity ratio
€255.54b
Debt
| Interest coverage ratio | 15.6x |
| Cash | €49.32b |
| Equity | €191.64b |
| Total liabilities | €439.79b |
| Total assets | €631.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOW3 N's short term assets (€258.2B) exceed its short term liabilities (€224.4B).
Long Term Liabilities: VOW3 N's short term assets (€258.2B) exceed its long term liabilities (€215.3B).
Debt to Equity History and Analysis
Debt Level: VOW3 N's net debt to equity ratio (107.6%) is considered high.
Reducing Debt: VOW3 N's debt to equity ratio has reduced from 169.4% to 133.3% over the past 5 years.
Debt Coverage: VOW3 N's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: VOW3 N's interest payments on its debt are well covered by EBIT (15.6x coverage).