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Volvo Group (XBRU:VLV) Debt-to-Revenue : 0.48 (As of Mar. 2024)


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What is Volvo Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Volvo Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9,206 Mil. Volvo Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €13,191 Mil. Volvo Group's annualized Revenue for the quarter that ended in Mar. 2024 was €46,366 Mil. Volvo Group's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.


Volvo Group Debt-to-Revenue Historical Data

The historical data trend for Volvo Group's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Volvo Group Debt-to-Revenue Chart

Volvo Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.45 0.41 0.43 0.42

Volvo Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.42 0.45 0.39 0.48

Competitive Comparison of Volvo Group's Debt-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Volvo Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Volvo Group's Debt-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Volvo Group's Debt-to-Revenue falls into.



Volvo Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Volvo Group's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8693.781 + 12181.879) / 49415.515
=0.42

Volvo Group's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9206.186 + 13191.471) / 46366.1
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Volvo Group Debt-to-Revenue Related Terms

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Volvo Group (XBRU:VLV) Business Description

Address
Gropegardsgatan 2, Gothenburg, SWE, 417 15
Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase the customers' uptime and productivity.

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