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
Volvo Car AB (publ.) (STO:VOLCAR B) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 09Is 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 25Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:55 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Volvo Car AB (publ.) is covered by 14 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stuart Pearson | BNP Paribas Exane |
| Hanna Dorothee Cresswell | BNP Paribas Exane |
| Lena Osterberg | Carnegie Investment Bank AB |