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How much is Volkswagen AG (vwagy) worth?
Interactive chart of historical net worth (market cap) for Volkswagen AG (VWAGY) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Volkswagen AG net worth as of July 28, 2023 is $0B.Why did the Volkswagen Group increase in assets in 2020?
At the end of fiscal year 2020, the Volkswagen Group had total assets of €497.1 billion, 1.9% more than at the end of the prior year. The rise is mostly attributable to the boost in gross liquidity and the successful issue of hybrid notes in the second quarter of 2020. It was offset by exchange rate effects.How much money does Volkswagen Group have in the Financial Services Division?
At €13.3 billion, total securities and cash and cash equivalents in the Financial Services Division exceeded the figure recorded at the end of 2019 by €3.9 billion. On December 31, 2020, the Financial Services Division accounted for around 48.9 (49.4)% of the Volkswagen Group’s assets.What is the economic position of Volkswagen AG?
The interest-bearing portion of debt amounted to €89.8 (78.2) billion. In our assessment, given the context created by the extensive and persistent negative impact of the spread of the SARS-CoV-2 virus, the economic position of Volkswagen AG is just as positive overall as that of the Volkswagen Group.