Telefonaktiebolaget LM Ericsson (publ) (ERIC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 150.6B | 143.56B | 140.54B | 130.78B | 142.96B | 154.49B | 141.16B | 145.32B | 152.42B | 154.86B | 162.03B | 162.81B | 174.54B | 170.5B | 177.61B | 223.23B | 207.61B | 174.47B | 163.2B | 159.75B |
| Cash & Short-Term Investments | 62.74B | 56.64B | 50.82B | 40.2B | 49.55B | 56.5B | 47.13B | 42.5B | 41.13B | 44.74B | 36.81B | 30.84B | 43.34B | 46.19B | 43.59B | 97.28B | 89.36B | 66.85B | 61.53B | 55.99B |
| Cash Only | 52.03B | 43.93B | 42.51B | 33.44B | 44.43B | 43.94B | 37.12B | 28.68B | 32.11B | 35.16B | 27.16B | 22.33B | 34.09B | 37.62B | 36.92B | 93.57B | 77.04B | 53.95B | 46.5B | 43.16B |
| Short-Term Investments | 10.72B | 12.72B | 8.31B | 6.75B | 5.13B | 12.56B | 10.01B | 13.81B | 9.02B | 9.58B | 9.65B | 8.51B | 9.25B | 8.57B | 6.67B | 3.71B | 12.32B | 12.91B | 15.03B | 12.82B |
| Accounts Receivable | 62.27B | 63.46B | 62.31B | 63.66B | 65.86B | 68.13B | 65.17B | 71.98B | 76.44B | 71.4B | 80.17B | 84.59B | 85.04B | 76.41B | 80.76B | 78.11B | 76.88B | 69.81B | 66.83B | 73.32B |
| Days Sales Outstanding | 110.66 | 85.21 | 104.58 | 107.06 | 116.87 | 81.95 | 105.54 | 114.1 | 121.64 | 102.76 | 115.85 | 116.9 | 117.07 | 88.23 | 101.65 | 108.57 | 119.89 | 86.42 | 113.2 | 117.8 |
| Inventory | 25.59B | 23.45B | 27.4B | 26.92B | 27.55B | 27.2B | 28.85B | 30.84B | 34.85B | 36.17B | 45.04B | 47.38B | 46.16B | 45.44B | 53.26B | 47.84B | 41.38B | 35.52B | 34.84B | 30.44B |
| Days Inventory Outstanding | 83.18 | 66.23 | 86.89 | 86.63 | 92.75 | 64.15 | 85.53 | 90.04 | 102.01 | 93.52 | 106.88 | 104.4 | 110.39 | 94.68 | 110.45 | 108.07 | 108.92 | 78.75 | 94.23 | 87.63 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 138.19B | 135.67B | 140.73B | 138.34B | 133.99B | 143.51B | 129.84B | 132.67B | 149.57B | 155.03B | 147.34B | 180.51B | 170.7B | 177.57B | 185.23B | 109.03B | 117.08B | 132.47B | 127.5B | 120.59B |
| Property, Plant & Equipment | 15.73B | 15.53B | 15.39B | 15.05B | 15.75B | 17.05B | 16.61B | 17.59B | 18.5B | 18.5B | 20.28B | 21.18B | 21.6B | 21.69B | 22.62B | 21.88B | 21.59B | 21.49B | 21.79B | 21.67B |
| Fixed Asset Turnover | 3.27x | 4.39x | 3.64x | 3.57x | 3.15x | 4.45x | 3.50x | 3.28x | 2.99x | 3.50x | 3.16x | 3.09x | 2.87x | 3.70x | 3.23x | 2.99x | 2.56x | 3.36x | 2.62x | 2.56x |
| Goodwill | 48.36B | 46.88B | 47.79B | 49.18B | 51.32B | 56.14B | 51.95B | 54.35B | 56.68B | 52.9B | 57.28B | 89.06B | 84.46B | 82.96B | 93.36B | 42.19B | 39.25B | 38.13B | 37.19B | 36.34B |
| Intangible Assets | 9.24B | 9.5B | 9.78B | 10.33B | 11.33B | 12.56B | 12.3B | 13.24B | 28.43B | 27.32B | 30.24B | 30.68B | 29.37B | 29.47B | 31.26B | 7.26B | 7.17B | 7.34B | 7.65B | 8.05B |
| Long-Term Investments | 46.26B | 46.91B | 46.29B | 41.09B | 33.14B | 28.03B | 24.11B | 21.77B | 22.48B | 20.85B | 17.14B | 17.15B | 14.73B | 19.25B | 14.18B | 14.73B | 25.36B | 40.53B | 35.81B | 29.41B |
| Other Non-Current Assets | 994.48K | 2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 288.79B | 279.23B | 281.27B | 269.12B | 276.96B | 298.01B | 271B | 277.99B | 301.99B | 309.89B | 309.37B | 343.32B | 345.24B | 348.07B | 362.84B | 332.26B | 324.69B | 306.94B | 290.7B | 280.34B |
| Asset Turnover | 0.18x | 0.24x | 0.20x | 0.20x | 0.18x | 0.26x | 0.22x | 0.20x | 0.18x | 0.22x | 0.20x | 0.19x | 0.18x | 0.23x | 0.21x | 0.20x | 0.17x | 0.24x | 0.20x | 0.20x |
| Asset Growth % | 4.27% | -6.3% | 3.79% | -3.19% | -8.29% | -3.83% | -12.4% | -19.03% | -12.53% | -10.97% | -14.74% | 3.33% | 6.33% | 13.4% | 24.82% | 18.52% | 20.1% | 12.41% | 5.22% | 1.5% |
| Total Current Liabilities | 134.32B | 110.94B | 119.99B | 120.1B | 131.11B | 132.03B | 118.26B | 127.23B | 125.32B | 129.29B | 147.86B | 147.7B | 154.45B | 142.85B | 152.39B | 139.77B | 141.53B | 126.71B | 125.93B | 124.35B |
| Accounts Payable | 26.57B | 26.34B | 25.35B | 24.67B | 26.35B | 30.21B | 25.75B | 26.68B | 25.51B | 27.75B | 30.93B | 35.46B | 34.51B | 37.71B | 41.05B | 39.52B | 35.4B | 35.62B | 31.9B | 29.56B |
| Days Payables Outstanding | 89.74 | 67.31 | 80.01 | 81.15 | 95.82 | 64.04 | 75.13 | 71.54 | 76.5 | 67.57 | 76.78 | 78.09 | 87.03 | 75.55 | 88.02 | 90.75 | 100.59 | 75.55 | 88.71 | 84.75 |
| Short-Term Debt | 11.58B | 5.33B | 6.68B | 9.1B | 7.49B | 8.28B | 5.2B | 10.25B | 10.83B | 19.87B | 21.55B | 12.97B | 14.18B | 8.31B | 8.14B | 6.06B | 12.72B | 11.79B | 12.34B | 13.9B |
| Deferred Revenue (Current) | 45.75B | 36.87B | 40.64B | 44.14B | 46.59B | 41.28B | 39.33B | 40.63B | 42.89B | 34.39B | 41.64B | 44.23B | 47.86B | 41.45B | 41.3B | 41.52B | 39.97B | 32.77B | 33.89B | 36.53B |
| Other Current Liabilities | 47.05B | 39.73B | 39.95B | 38.6B | 48.03B | 31.05B | 44.17B | 45.96B | 42.24B | 30.3B | 50.68B | 52.37B | 55.42B | 33.54B | 56.87B | 45.97B | 47.73B | 28.27B | 47.8B | 44.35B |
| Current Ratio | 1.12x | 1.29x | 1.17x | 1.09x | 1.09x | 1.17x | 1.19x | 1.14x | 1.22x | 1.20x | 1.10x | 1.10x | 1.13x | 1.19x | 1.17x | 1.60x | 1.47x | 1.38x | 1.30x | 1.28x |
| Quick Ratio | 0.93x | 1.08x | 0.94x | 0.86x | 0.88x | 0.96x | 0.95x | 0.90x | 0.94x | 0.92x | 0.79x | 0.78x | 0.83x | 0.88x | 0.82x | 1.25x | 1.17x | 1.10x | 1.02x | 1.04x |
| Cash Conversion Cycle | 104.1 | 84.12 | 111.46 | 112.54 | 113.8 | 82.06 | 115.94 | 132.6 | 147.16 | 128.72 | 145.95 | 143.2 | 140.43 | 107.36 | 124.08 | 125.89 | 128.22 | 89.61 | 118.71 | 120.68 |
| Total Non-Current Liabilities | 51.91B | 58.02B | 59.23B | 63.77B | 61.3B | 72.88B | 67.84B | 68.44B | 68.14B | 83.27B | 55.03B | 63.28B | 65.11B | 74.44B | 73B | 64.77B | 73.03B | 73.34B | 69.09B | 64.52B |
| Long-Term Debt | 21.42B | 34.94B | 29.74B | 29.79B | 29.82B | 31.94B | 33.35B | 32.46B | 32.94B | 29.19B | 20.3B | 23.47B | 22.14B | 26.43B | 27.12B | 26.35B | 28.67B | 22.2B | 22.3B | 21.62B |
| Capital Lease Obligations | 6.07B | 5.77B | 5.56B | 4.64B | 4.95B | 5.37B | 4.74B | 5.13B | 5.32B | 5.22B | 5.72B | 6.09B | 6.41B | 6.69B | 7.24B | 7.08B | 7.05B | 7.07B | 7.05B | 7.09B |
| Deferred Tax Liabilities | 174.03M | 152M | 1.34B | 1.38B | 1.36B | 6.57B | 1.25B | 1.29B | 4.03B | 16.97B | 4.39B | 4.89B | 4.98B | 9.86B | 8.06B | 1.25B | 1.01B | 2.8B | 909.54M | 972.54M |
| Other Non-Current Liabilities | 24.24B | 17.16B | 22.58B | 27.97B | 25.17B | 28.99B | 28.51B | 29.55B | 25.84B | 31.88B | 24.63B | 28.83B | 31.59B | 31.46B | 30.57B | 30.09B | 36.3B | 41.28B | 38.83B | 34.84B |
| Total Liabilities | 186.22B | 168.96B | 179.22B | 183.88B | 192.41B | 204.91B | 186.1B | 195.67B | 193.46B | 212.56B | 202.89B | 210.98B | 219.56B | 217.3B | 225.39B | 204.54B | 214.56B | 200.05B | 195.02B | 188.87B |
| Total Debt | 39.07B | 46.04B | 43.75B | 43.53B | 42.26B | 45.59B | 43.29B | 47.84B | 49.1B | 54.28B | 47.57B | 42.53B | 42.73B | 41.43B | 42.5B | 39.49B | 48.44B | 41.05B | 41.68B | 42.62B |
| Net Debt | -12.95B | 2.11B | 1.24B | 10.08B | -2.16B | 1.65B | 6.17B | 19.16B | 16.99B | 19.12B | 20.41B | 20.2B | 8.64B | 3.81B | 5.58B | -54.07B | -28.6B | -12.89B | -4.82B | -547.62M |
| Debt / Equity | 0.38x | 0.42x | 0.43x | 0.51x | 0.50x | 0.49x | 0.51x | 0.58x | 0.45x | 0.56x | 0.45x | 0.32x | 0.34x | 0.32x | 0.31x | 0.31x | 0.44x | 0.38x | 0.44x | 0.47x |
| Debt / EBITDA | 5.51x | 3.45x | 4.73x | 5.12x | 5.30x | 3.60x | 4.88x | 8.39x | 10.20x | 5.61x | 1.21x | 8.19x | 6.42x | 3.10x | 4.38x | 4.31x | 6.37x | 2.86x | 3.95x | 5.08x |
| Net Debt / EBITDA | -1.83x | 0.16x | 0.13x | 1.19x | -0.27x | 0.13x | 0.69x | 3.36x | 3.53x | 1.98x | 0.52x | 3.89x | 1.30x | 0.29x | 0.58x | -5.90x | -3.76x | -0.90x | -0.46x | -0.07x |
| Interest Coverage | 3.10x | 20.14x | 21.28x | 7.90x | 8.27x | 9.00x | 6.29x | -12.54x | 4.31x | 4.77x | -27.96x | 0.16x | 3.47x | 10.73x | 13.24x | 9.66x | 7.39x | 12.56x | 14.91x | 13.05x |
| Total Equity | 102.56B | 110.27B | 102.06B | 85.25B | 84.55B | 93.1B | 84.9B | 82.32B | 108.52B | 97.33B | 106.47B | 132.34B | 125.68B | 130.77B | 137.45B | 127.73B | 110.14B | 106.89B | 95.69B | 91.46B |
| Equity Growth % | 21.31% | 18.44% | 20.21% | 3.55% | -22.09% | -4.35% | -20.26% | -37.8% | -13.65% | -25.57% | -22.54% | 3.61% | 14.11% | 22.34% | 43.65% | 39.65% | 24.96% | 25.72% | 16.38% | 16.8% |
| Book Value per Share | 30.68 | 32.99 | 30.62 | 25.58 | 25.31 | 27.93 | 25.43 | 24.71 | 32.54 | 29.23 | 31.97 | 39.74 | 37.70 | 39.22 | 41.23 | 38.31 | 33.04 | 32.07 | 28.71 | 27.45 |
| Total Shareholders' Equity | 101.87B | 109.54B | 102.22B | 86.29B | 85.72B | 94.4B | 86.17B | 83.69B | 110.03B | 98.59B | 107.84B | 133.85B | 127.24B | 132.25B | 139.25B | 129.55B | 111.96B | 108.57B | 97.38B | 93.1B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 16.76B | 0 | 0 | 0 | 16.71B | 0 | 0 | 0 | 16.36B | 0 | 0 | 0 | 16.64B | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 42.35B | 0 | 0 | 0 | 50.42B | 0 | 0 | 0 | 83.59B | 0 | 0 | 0 | 66.79B | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 11.03B | 0 | 0 | 0 | 6.81B | 0 | 0 | 0 | 7.58B | 0 | 0 | 0 | 793.47M | 0 | 0 |
| Minority Interest | 688.17M | 729.01M | -163.3M | -1.04B | -1.18B | -1.3B | -1.27B | -1.37B | -1.51B | -1.26B | -1.37B | -1.51B | -1.56B | -1.48B | -1.8B | -1.82B | -1.83B | -1.67B | -1.7B | -1.63B |