AB Volvo (publ) (VOLV-A) — Working Capital to Net Assets Ratio
AB Volvo (publ) (VOLV-A) has a Working Capital to Net Assets ratio of 16.4% as of June 2026. Working capital of Skr28.95 Billion (current assets of Skr309.89 Billion minus current liabilities of Skr280.94 Billion) is measured against net assets of Skr176.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See VOLV-A defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AB Volvo (publ) Working Capital to Net Assets (1987–2025)
This chart shows how AB Volvo (publ)'s Working Capital to Net Assets ratio has evolved across 39 annual periods from 1987 to 2025. As of June 2026, the ratio stands at 16.4%, reflecting working capital of Skr28.95 Billion against net assets of Skr176.69 Billion SEK. For the complete balance sheet picture, see VOLV-A total asset value.
Annual Working Capital to Net Assets for AB Volvo (publ) (1987–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for AB Volvo (publ) from 1987 to 2025, covering 39 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check VOLV-A financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.2% | Skr39.66 Billion | Skr178.48 Billion | Skr305.57 Billion | Skr265.91 Billion | ▼ -17.0 pp |
| 2024 | 39.2% | Skr77.32 Billion | Skr197.36 Billion | Skr358.31 Billion | Skr280.99 Billion | ▲ +2.1 pp |
| 2023 | 37.1% | Skr67.01 Billion | Skr180.74 Billion | Skr351.37 Billion | Skr284.36 Billion | ▼ -6.1 pp |
| 2022 | 43.2% | Skr71.75 Billion | Skr166.24 Billion | Skr323.85 Billion | Skr252.10 Billion | ▲ +6.3 pp |
| 2021 | 36.8% | Skr53.09 Billion | Skr144.12 Billion | Skr255.50 Billion | Skr202.41 Billion | ▼ -14.9 pp |
| 2020 | 51.7% | Skr76.64 Billion | Skr148.14 Billion | Skr280.12 Billion | Skr203.48 Billion | ▼ -1.8 pp |
| 2019 | 53.6% | Skr75.87 Billion | Skr141.68 Billion | Skr282.19 Billion | Skr206.32 Billion | ▲ +20.8 pp |
| 2018 | 32.7% | Skr41.20 Billion | Skr125.83 Billion | Skr234.68 Billion | Skr193.47 Billion | ▲ +15.7 pp |
| 2017 | 17.0% | Skr18.54 Billion | Skr109.01 Billion | Skr199.04 Billion | Skr180.50 Billion | ▲ +2.9 pp |
| 2016 | 14.1% | Skr13.77 Billion | Skr97.76 Billion | Skr180.30 Billion | Skr166.53 Billion | ▲ +13.3 pp |
| 2015 | 0.8% | Skr652.00 Million | Skr85.61 Billion | Skr170.69 Billion | Skr170.03 Billion | ▼ -34.8 pp |
| 2014 | 35.5% | Skr28.43 Billion | Skr80.05 Billion | Skr177.30 Billion | Skr148.87 Billion | ▲ +20.0 pp |
| 2013 | 15.5% | Skr11.99 Billion | Skr77.36 Billion | Skr163.61 Billion | Skr151.62 Billion | ▲ +1.4 pp |
| 2012 | 14.1% | Skr12.29 Billion | Skr86.91 Billion | Skr152.75 Billion | Skr140.46 Billion | ▼ -8.6 pp |
| 2011 | 22.7% | Skr19.45 Billion | Skr85.68 Billion | Skr172.66 Billion | Skr153.21 Billion | ▲ +3.1 pp |
| 2010 | 19.6% | Skr14.55 Billion | Skr74.12 Billion | Skr147.14 Billion | Skr132.59 Billion | ▼ -14.5 pp |
| 2009 | 34.1% | Skr22.88 Billion | Skr67.03 Billion | Skr154.94 Billion | Skr132.07 Billion | ▲ +22.4 pp |
| 2008 | 11.7% | Skr9.90 Billion | Skr84.64 Billion | Skr176.04 Billion | Skr166.14 Billion | ▼ -10.3 pp |
| 2007 | 22.0% | Skr18.23 Billion | Skr82.78 Billion | Skr159.16 Billion | Skr140.94 Billion | ▼ -10.6 pp |
| 2006 | 32.7% | Skr28.39 Billion | Skr86.93 Billion | Skr134.00 Billion | Skr105.61 Billion | ▼ -8.2 pp |
| 2005 | 40.9% | Skr32.17 Billion | Skr78.71 Billion | Skr140.39 Billion | Skr108.22 Billion | ▼ -8.5 pp |
| 2004 | 49.4% | Skr34.63 Billion | Skr70.10 Billion | Skr121.44 Billion | Skr86.81 Billion | ▼ -19.4 pp |
| 2003 | 68.8% | Skr49.91 Billion | Skr72.57 Billion | Skr126.82 Billion | Skr76.91 Billion | ▲ +33.0 pp |
| 2002 | 35.7% | Skr28.12 Billion | Skr78.68 Billion | Skr102.89 Billion | Skr74.77 Billion | ▲ +4.7 pp |
| 2001 | 31.1% | Skr26.58 Billion | Skr85.54 Billion | Skr114.69 Billion | Skr88.11 Billion | ▼ -17.4 pp |
| 2000 | 48.5% | Skr43.46 Billion | Skr89.58 Billion | Skr97.42 Billion | Skr53.96 Billion | ▲ +5.9 pp |
| 1999 | 42.6% | Skr41.81 Billion | Skr98.14 Billion | Skr89.66 Billion | Skr47.86 Billion | ▼ -47.2 pp |
| 1998 | 89.8% | Skr61.93 Billion | Skr68.97 Billion | Skr105.13 Billion | Skr43.19 Billion | ▲ +32.2 pp |
| 1997 | 57.6% | Skr35.49 Billion | Skr61.64 Billion | Skr91.64 Billion | Skr56.16 Billion | ▲ +17.6 pp |
| 1996 | 40.0% | Skr23.33 Billion | Skr58.34 Billion | Skr81.74 Billion | Skr58.41 Billion | ▲ +8.4 pp |
| 1995 | 31.6% | Skr16.22 Billion | Skr51.33 Billion | Skr75.44 Billion | Skr59.22 Billion | ▲ +17.7 pp |
| 1994 | 13.9% | Skr4.59 Billion | Skr32.93 Billion | Skr58.44 Billion | Skr53.84 Billion | ▲ +27.9 pp |
| 1993 | -13.9% | Skr-4.70 Billion | Skr33.78 Billion | Skr70.27 Billion | Skr74.97 Billion | ▼ -20.9 pp |
| 1992 | 7.0% | Skr2.35 Billion | Skr33.61 Billion | Skr61.68 Billion | Skr59.33 Billion | ▼ -8.7 pp |
| 1991 | 15.7% | Skr6.13 Billion | Skr39.12 Billion | Skr54.24 Billion | Skr48.11 Billion | ▲ +3.0 pp |
| 1990 | 12.7% | Skr4.46 Billion | Skr35.12 Billion | Skr52.94 Billion | Skr48.48 Billion | ▼ -16.2 pp |
| 1989 | 28.9% | Skr10.79 Billion | Skr37.36 Billion | Skr53.32 Billion | Skr42.53 Billion | ▼ -68.7 pp |
| 1988 | 97.6% | Skr14.52 Billion | Skr14.87 Billion | Skr49.11 Billion | Skr34.59 Billion | ▼ -68.9 pp |
| 1987 | 166.5% | Skr20.49 Billion | Skr12.31 Billion | Skr51.97 Billion | Skr31.48 Billion | — |