Volvo Car AB (publ.)

Volvo Car AB (publ.)verified

VOLCAR-B.ST

Price:

$22.97

Market Cap:

$68.44B

Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) is a subsidiary of Geely Sweden Holdings AB.[Read more]

Industry

Auto - Manufacturers

IPO Date

2021-10-29

Stock Exchange

STO

Ticker

VOLCAR-B.ST

The Current Ratio as of November 2024 (TTM) for Volvo Car AB (publ.) (VOLCAR-B.ST) is 0.96

According to Volvo Car AB (publ.)’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of 0.50% compared to the average of 0.96 of the last 4 quarters.

Volvo Car AB (publ.) (VOLCAR-B.ST) Historical Current Ratio (quarterly & annually)

How has VOLCAR-B.ST Current Ratio performed in the past?

The mean historical Current Ratio of Volvo Car AB (publ.) over the last ten years is 1.01. The current 0.96 Current Ratio has changed 9.43% with respect to the historical average. Over the past ten years (40 quarters), VOLCAR-B.ST's Current Ratio was at its highest in in the March 2021 quarter at 2.21. The Current Ratio was at its lowest in in the March 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.01

Median

1.00

Minimum

0.92

Maximum

1.13

Volvo Car AB (publ.) (VOLCAR-B.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Volvo Car AB (publ.) Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 9.45%

Maximum Annual Current Ratio = 1.13

Minimum Annual Increase = -11.10%

Minimum Annual Current Ratio = 0.92

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.97-8.48%
20221.07-6.02%
20211.133.15%
20201.108.45%
20191.013.68%
20180.985.47%
20170.93-11.10%
20161.049.45%
20150.953.68%
20140.92-7.01%

Volvo Car AB (publ.) (VOLCAR-B.ST) Average Current Ratio

How has VOLCAR-B.ST Current Ratio performed in the past?

The current Current Ratio of Volvo Car AB (publ.) (VOLCAR-B.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.06

5-year avg

1.06

10-year avg

1.01

Volvo Car AB (publ.) (VOLCAR-B.ST) Current Ratio vs. Peers

How is VOLCAR-B.ST’s Current Ratio compared to its peers?

Volvo Car AB (publ.)’s Current Ratio is greater than Samhällsbyggnadsbolaget i Norden AB (publ) (0.58), greater than Sinch AB (publ) (0.58), greater than Investor AB (publ) (0), less than SSAB AB (publ) (2.83), greater than Embracer Group AB (publ) (0.63),

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