Volvo Car AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Volvo Car AB (publ.) has a total shareholder equity of SEK137.7B and total debt of SEK29.6B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are SEK384.0B and SEK246.3B respectively. Volvo Car AB (publ.)'s EBIT is SEK29.4B making its interest coverage ratio -93.6. It has cash and short-term investments of SEK43.9B.
Key information
21.5%
Debt to equity ratio
SEK 29.56b
Debt
| Interest coverage ratio | -93.6x |
| Cash | SEK 43.92b |
| Equity | SEK 137.70b |
| Total liabilities | SEK 246.30b |
| Total assets | SEK 384.00b |
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) 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 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 (SEK170.7B) do not cover its short term liabilities (SEK177.1B).
Long Term Liabilities: VOLCAR B's short term assets (SEK170.7B) exceed its long term liabilities (SEK69.2B).
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 53.8% to 21.5% over the past 5 years.
Debt Coverage: VOLCAR B's debt is well covered by operating cash flow (135.7%).
Interest Coverage: VOLCAR B earns more interest than it pays, so coverage of interest payments is not a concern.