VOLCAR-B.ST
Price:
$29.82
Market Cap:
$88.59B
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.
Industry
Auto - Manufacturers
IPO Date
2021-10-29
Stock Exchange
STO
Ticker
VOLCAR-B.ST
According to Volvo Car AB (publ.)’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of 4.42% compared to the average of 1.00 of the last 4 quarters.
The mean historical Current Ratio of Volvo Car AB (publ.) over the last ten years is 1.01. The current 1.05 Current Ratio has changed 10.24% 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 2018 quarter at 0.92.
Average
1.01
Median
1.00
Minimum
0.93
Maximum
1.13
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 = 0.93
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.94 | -4.06% |
| 2023 | 0.97 | -8.48% |
| 2022 | 1.07 | -6.02% |
| 2021 | 1.13 | 3.15% |
| 2020 | 1.10 | 8.45% |
| 2019 | 1.01 | 3.68% |
| 2018 | 0.98 | 5.47% |
| 2017 | 0.93 | -11.10% |
| 2016 | 1.04 | 9.45% |
| 2015 | 0.95 | 3.68% |
The current Current Ratio of Volvo Car AB (publ.) (VOLCAR-B.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.99
5-year avg
1.04
10-year avg
1.01
Volvo Car AB (publ.)’s Current Ratio is greater than Autoliv, Inc. (0.95), less than Evolution AB (publ) (1.48), greater than Clean Motion AB (publ) (0.64), less than Nilsson Special Vehicles AB (publ) (1.06), less than Bilia AB (publ) (1.18), greater than Pandox AB (publ) (0), less than VBG Group AB (publ) (3.81), less than Thule Group AB (publ) (1.90), less than MIPS AB (publ) (5.86), less than Meko AB (publ) (1.50),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.95 | $87.18B | |
| 1.48 | $127.76B | |
| 0.64 | $19.65M | |
| 1.06 | $12.11M | |
| 1.18 | $12.09B | |
| 0 | $38.41B | |
| 3.81 | $9.66B | |
| 1.90 | $25.21B | |
| 5.86 | $9.55B | |
| 1.50 | $3.93B |
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What is the Current Ratio?
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What is Volvo Car AB (publ.)'s Current Ratio?
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What is the 3-year average Current Ratio for Volvo Car AB (publ.) (VOLCAR-B.ST)?
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