AB Volvo (publ) (VOLV-B) — Working Capital to Net Assets Ratio
AB Volvo (publ) (VOLV-B) has a Working Capital to Net Assets ratio of 27.5% as of March 2026. Working capital of Skr52.44 Billion (current assets of Skr323.82 Billion minus current liabilities of Skr271.38 Billion) is measured against net assets of Skr190.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See VOLV-B net asset quality score to measure how much of total assets are equity-financed.
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 March 2026, the ratio stands at 27.5%, reflecting working capital of Skr52.44 Billion against net assets of Skr190.79 Billion SEK. Check VOLV-B goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see VOLV-B stock market capitalisation.
| 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 | ▲ +13.6 pp |
| 2017 | 19.2% | Skr20.92 Billion | Skr109.01 Billion | Skr199.04 Billion | Skr178.12 Billion | ▲ +5.1 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 | ▲ +3.2 pp |
| 2012 | 12.3% | Skr10.67 Billion | Skr86.91 Billion | Skr152.75 Billion | Skr142.08 Billion | ▼ -10.4 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 | ▼ -18.7 pp |
| 2004 | 59.6% | Skr41.78 Billion | Skr70.10 Billion | Skr121.44 Billion | Skr79.66 Billion | ▼ -9.2 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 | ▲ +8.3 pp |
| 1998 | 34.3% | Skr23.69 Billion | Skr68.97 Billion | Skr105.13 Billion | Skr81.44 Billion | ▼ -23.2 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 | — |