Volvo Car AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Volvo Car AB (publ.) has a total shareholder equity of SEK143.0B and total debt of SEK49.5B, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are SEK386.4B and SEK243.4B respectively. Volvo Car AB (publ.)'s EBIT is SEK29.0B making its interest coverage ratio -144.8. It has cash and short-term investments of SEK43.5B.
Key information
34.6%
Debt to equity ratio
SEK 49.47b
Debt
| Interest coverage ratio | -144.8x |
| Cash | SEK 43.53b |
| Equity | SEK 143.04b |
| Total liabilities | SEK 243.41b |
| Total assets | SEK 386.44b |
Recent financial health updates
Volvo Car AB (publ.) (STO:VOLCAR B) Takes On Some Risk With Its Use Of Debt
Sep 16
Here's Why Volvo Car AB (publ.) (STO:VOLCAR B) Can Manage Its Debt Responsibly
Apr 18Recent updates
Is Now An Opportune Moment To Examine Volvo Car AB (publ.) (STO:VOLCAR B)?
Oct 13Volvo Car AB (publ.) (STO:VOLCAR B) Takes On Some Risk With Its Use Of Debt
Sep 16Market Still Lacking Some Conviction On Volvo Car AB (publ.) (STO:VOLCAR B)
Aug 20Volvo Car AB (publ.) (STO:VOLCAR B) Is Experiencing Growth In Returns On Capital
Jul 12Earnings Miss: Volvo Car AB (publ.) Missed EPS By 18% And Analysts Are Revising Their Forecasts
Apr 26Here's Why Volvo Car AB (publ.) (STO:VOLCAR B) Can Manage Its Debt Responsibly
Apr 18Returns At Volvo Car AB (publ.) (STO:VOLCAR B) Appear To Be Weighed Down
Mar 28The Market Lifts Volvo Car AB (publ.) (STO:VOLCAR B) Shares 29% But It Can Do More
Feb 25Is It Time To Consider Buying Volvo Car AB (publ.) (STO:VOLCAR B)?
Nov 19Volvo Car AB (publ.)'s (STO:VOLCAR B) Intrinsic Value Is Potentially 87% Above Its Share Price
Oct 28Returns On Capital Signal Tricky Times Ahead For Volvo Car AB (publ.) (STO:VOLCAR B)
Oct 02Volvo Car AB (publ.) (STO:VOLCAR B) Could Be Struggling To Allocate Capital
Jun 28Returns On Capital At Volvo Car AB (publ.) (STO:VOLCAR B) Paint A Concerning Picture
Mar 27Volvo Car AB (publ.) (STO:VOLCAR B) Shares Could Be 29% Below Their Intrinsic Value Estimate
Feb 17Volvo Car AB (publ.)'s (STO:VOLCAR B) Earnings Are Of Questionable Quality
Feb 17There Are Reasons To Feel Uneasy About Volvo Car AB (publ.)'s (STO:VOLCAR B) Returns On Capital
Dec 13Calculating The Fair Value Of Volvo Car AB (publ.) (STO:VOLCAR B)
May 15Investors Still Aren't Entirely Convinced About Volvo Car AB (publ.)'s (STO:VOLCAR B) Earnings Despite 26% Price Jump
Apr 10Financial Position Analysis
Short Term Liabilities: VOLCAR B's short term assets (SEK165.2B) do not cover its short term liabilities (SEK171.7B).
Long Term Liabilities: VOLCAR B's short term assets (SEK165.2B) exceed its long term liabilities (SEK71.8B).
Debt to Equity History and Analysis
Debt Level: VOLCAR B's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: VOLCAR B's debt to equity ratio has reduced from 54.4% to 34.6% over the past 5 years.
Debt Coverage: VOLCAR B's debt is well covered by operating cash flow (79.2%).
Interest Coverage: VOLCAR B earns more interest than it pays, so coverage of interest payments is not a concern.