Volvo Car AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Volvo Car AB (publ.) has a total shareholder equity of SEK134.2B and total debt of SEK31.5B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are SEK369.6B and SEK235.4B respectively. Volvo Car AB (publ.)'s EBIT is SEK27.6B making its interest coverage ratio -37.7. It has cash and short-term investments of SEK46.1B.
Key information
23.5%
Debt to equity ratio
kr31.52b
Debt
| Interest coverage ratio | -37.7x |
| Cash | kr46.06b |
| Equity | kr134.18b |
| Total liabilities | kr235.44b |
| Total assets | kr369.62b |
Recent financial health updates
Recent updates
Earnings Miss: Volvo Car AB (publ.) Missed EPS By 18% And Analysts Are Revising Their Forecasts
Apr 26
Here'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 10Volvo Car AB (publ.) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 14Financial Position Analysis
Short Term Liabilities: VOLCAR B's short term assets (SEK162.3B) do not cover its short term liabilities (SEK174.6B).
Long Term Liabilities: VOLCAR B's short term assets (SEK162.3B) exceed its long term liabilities (SEK60.8B).
Debt to Equity History and Analysis
Debt Level: VOLCAR B has more cash than its total debt.
Reducing Debt: VOLCAR B's debt to equity ratio has reduced from 43.9% to 23.5% over the past 5 years.
Debt Coverage: VOLCAR B's debt is well covered by operating cash flow (140.6%).
Interest Coverage: VOLCAR B earns more interest than it pays, so coverage of interest payments is not a concern.