AB Volvo Balance Sheet Health
Financial Health criteria checks 3/6
AB Volvo has a total shareholder equity of SEK163.9B and total debt of SEK245.7B, which brings its debt-to-equity ratio to 149.9%. Its total assets and total liabilities are SEK719.9B and SEK556.0B respectively. AB Volvo's EBIT is SEK81.0B making its interest coverage ratio -41.7. It has cash and short-term investments of SEK91.4B.
Key information
149.9%
Debt to equity ratio
kr245.67b
Debt
Interest coverage ratio | -41.7x |
Cash | kr91.44b |
Equity | kr163.85b |
Total liabilities | kr556.01b |
Total assets | kr719.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLVL.Y's short term assets (SEK381.7B) exceed its short term liabilities (SEK334.3B).
Long Term Liabilities: VLVL.Y's short term assets (SEK381.7B) exceed its long term liabilities (SEK221.7B).
Debt to Equity History and Analysis
Debt Level: VLVL.Y's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: VLVL.Y's debt to equity ratio has increased from 105.7% to 149.9% over the past 5 years.
Debt Coverage: VLVL.Y's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: VLVL.Y earns more interest than it pays, so coverage of interest payments is not a concern.