Vodafone Group Public Limited Company (VOD) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 |
|---|
| Total Current Assets | 27.15B | 25.3B | 29.56B | 26.64B | 39.56B | 27.35B | 31.71B | 30.33B | 29.12B | 30.32B | 28.27B | 31.84B | 34.25B | 26.94B | 39.59B | 32.22B | 37.95B | 26.06B | 40.11B | 31.32B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 8.99B | 7.09B | 11.88B | 7.82B | 6.18B | 7.57B | 12.72B | 7.07B | 8.34B | 6.75B | 5.82B | 7.75B | 13.28B | 5.87B | 13.64B | 6.96B | 3.23B | 5.36B | 7.7B | 8.58B |
| Short-Term Investments | 6.78B | 6.44B | 8.02B | 6.77B | 4.35B | 6.26B | 7.62B | 7.82B | 8.82B | 9.01B | 9.16B | 10.76B | 7.09B | 7.11B | 13.01B | 10.97B | 8.79B | 6.87B | 5.01B | 4.98B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 45.85 | 40.19 | 42.09 | 42.41 | 55.74 | 40.84 | 60.39 | 38.25 | 41.68 | 34.94 | 33.34 | 35.49 | 34.39 | 35.95 | 29.2 | 29.71 | 30.18 | 30.74 | 32.52 | 33.42 |
| Inventory | 596.62M | 718M | 666.48M | 771.19M | 568M | 1.07B | 1.04B | 991M | 930.18M | 827.49M | 676M | 710.63M | 585M | 698M | 714M | 777M | 581M | 639M | 576M | 681M |
| Days Inventory Outstanding | 4.08 | 4.77 | 5.12 | 5.04 | 8.13 | 6.29 | 10.97 | 5.63 | 5.18 | 4.54 | 4.13 | 4.01 | 3.74 | 4.2 | 4.54 | 4.08 | 3.36 | 3.42 | 3.36 | 3.64 |
| Other Current Assets | 0 | 402M | 0 | 0 | 21.93B | 0 | 0 | 3.18B | 0 | 0 | 7.29B | 0 | 3.94B | 123M | 3.42B | 4.25B | 15.83B | 15.68B | 22.33B | 5.24B |
| Total Non-Current Assets | 102.91B | 103.56B | 109.27B | 129.11B | 104.79B | 129.45B | 137.25B | 127.11B | 142.28B | 148.27B | 126.79B | 152.1B | 133.92B | 133.03B | 103.28B | 101.44B | 107.66B | 121.01B | 114.57B | 125B |
| Property, Plant & Equipment | 34.23B | 33.03B | 33.18B | 33.12B | 28.5B | 39.56B | 41.28B | 39.84B | 45.4B | 46.49B | 41.24B | 44.63B | 39.2B | 39.7B | 27.43B | 27.08B | 28.32B | 28.81B | 30.2B | 33.18B |
| Fixed Asset Turnover | 0.63x | 0.59x | 0.58x | 0.59x | 0.43x | 0.54x | 0.35x | 0.54x | 0.50x | 0.51x | 0.52x | 0.51x | 0.58x | 0.67x | 0.80x | 0.79x | 0.82x | 0.78x | 0.74x | 0.70x |
| Goodwill | 21.94B | 21.77B | 22.16B | 27.98B | 24.96B | 29.16B | 30B | 31.23B | 35.48B | 36.77B | 31.73B | 36.65B | 31.27B | 34.37B | 23.35B | 23.32B | 26.73B | 26.53B | 26.81B | 26.74B |
| Intangible Assets | 14.37B | 14.32B | 13.96B | 14.96B | 13.9B | 19.98B | 21.29B | 20.47B | 23.77B | 25.15B | 21.82B | 24.62B | 22.25B | 23.63B | 17.65B | 16.42B | 16.52B | 18.36B | 19.41B | 25.11B |
| Long-Term Investments | 13.81B | 10.21B | 17.47B | 17.59B | 11.04B | 19.86B | 21.42B | 5.51B | 13.96B | 12.9B | -457M | 15.13B | -466M | -4B | -8.19B | -5.53B | -3.05B | 5.84B | 6.6B | 4.95B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 130.05B | 128.86B | 138.83B | 155.75B | 144.35B | 156.8B | 168.97B | 157.44B | 171.4B | 178.59B | 155.06B | 183.94B | 168.17B | 159.97B | 142.86B | 133.66B | 145.61B | 147.08B | 154.68B | 156.33B |
| Asset Turnover | 0.16x | 0.15x | 0.13x | 0.12x | 0.10x | 0.13x | 0.09x | 0.14x | 0.13x | 0.13x | 0.13x | 0.12x | 0.14x | 0.15x | 0.16x | 0.16x | 0.16x | 0.15x | 0.15x | 0.15x |
| Asset Growth % | -6.32% | -17.27% | -3.83% | -0.66% | -14.57% | -0.41% | -1.42% | -11.84% | 10.54% | -2.91% | -7.79% | 14.99% | 17.71% | 19.68% | -1.89% | -9.12% | -5.87% | -5.92% | -8.77% | -3.61% |
| Total Current Liabilities | 24.02B | 21.7B | 24.58B | 24.72B | 29.27B | 30.7B | 37.57B | 34.46B | 37.44B | 34.93B | 28.71B | 29.7B | 33.51B | 27.74B | 25.52B | 24.56B | 39.02B | 33.19B | 33.53B | 35.06B |
| Accounts Payable | 15.6B | 12.69B | 15.19B | 13.62B | 5.96B | 15.86B | 19.82B | 15.7B | 21.88B | 18.87B | 6.74B | 16.86B | 6.7B | 15.42B | 6.54B | 11.78B | 6.18B | 16.18B | 6.21B | 14.3B |
| Days Payables Outstanding | 87.8 | 96.16 | 102.65 | 73.69 | 108.41 | 106.57 | 191.99 | 110.04 | 120.12 | 77.4 | 70.23 | 72.85 | 64.39 | 65.36 | 55.78 | 54.02 | 61.6 | 63.03 | 54.89 | 56.52 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 731.76M | 1.61B | 1.15B | 839.27M | 10.55B | 1.3B | 1.26B | 2.36B | 1.29B | 1.59B | 6.32B | 3.33B | 6.08B | 3.8B | 4.98B | 4.76B | 15.66B | 11.95B | 7.66B | 1.78B |
| Current Ratio | 1.13x | 1.17x | 1.20x | 1.08x | 1.35x | 0.89x | 0.84x | 0.88x | 0.78x | 0.87x | 0.98x | 1.07x | 1.02x | 0.97x | 1.55x | 1.31x | 0.97x | 0.79x | 1.20x | 0.89x |
| Quick Ratio | 1.11x | 1.13x | 1.18x | 1.05x | 1.33x | 0.86x | 0.82x | 0.85x | 0.75x | 0.84x | 0.96x | 1.05x | 1.00x | 0.95x | 1.52x | 1.28x | 0.96x | 0.77x | 1.18x | 0.87x |
| Cash Conversion Cycle | -37.86 | -51.2 | -55.44 | -26.24 | -44.54 | -59.44 | -120.63 | -66.16 | -73.26 | -37.91 | -32.77 | -33.36 | -26.27 | -25.2 | -22.04 | -20.23 | -28.07 | -28.87 | -19.01 | -19.46 |
| Total Non-Current Liabilities | 51.5B | 50.55B | 56.01B | 63.42B | 54.08B | 60.92B | 61.33B | 65.24B | 70.46B | 76.38B | 68.54B | 84.38B | 72.04B | 72.95B | 53.89B | 47.72B | 37.98B | 44.2B | 47.44B | 45.73B |
| Long-Term Debt | 45.55B | 34.18B | 40.63B | 52.71B | 43.31B | 55.81B | 44.93B | 59.91B | 53.76B | 67.35B | 53.28B | 71.87B | 57.99B | 63.32B | 50.61B | 42.67B | 34.77B | 32.22B | 35.57B | 39.57B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 75.52B | 72.25B | 80.59B | 88.14B | 83.35B | 91.62B | 98.91B | 99.7B | 107.9B | 111.32B | 97.25B | 114.08B | 105.54B | 100.68B | 79.42B | 72.28B | 77B | 77.39B | 80.97B | 80.79B |
| Total Debt | 52.69B | 53.91B | 57.41B | 62.22B | 58.51B | 68.88B | 72.13B | 75.58B | 77.99B | 80.57B | 67.76B | 80.7B | 74.72B | 72.07B | 52.95B | 48.17B | 43.26B | 44.18B | 46.57B | 53.62B |
| Net Debt | 43.7B | 46.82B | 45.52B | 54.4B | 52.33B | 61.31B | 59.41B | 68.51B | 69.65B | 73.82B | 61.94B | 72.95B | 61.43B | 66.2B | 39.32B | 41.21B | 40.03B | 38.82B | 38.87B | 45.03B |
| Debt / Equity | 0.97x | 0.95x | 0.99x | 0.92x | 0.96x | 1.06x | 1.03x | 1.31x | 1.23x | 1.20x | 1.17x | 1.16x | 1.19x | 1.22x | 0.83x | 0.78x | 0.63x | 0.63x | 0.63x | 0.71x |
| Debt / EBITDA | 6.83x | 8.62x | 52.00x | 10.28x | 7.50x | 10.97x | 11.84x | 9.72x | 13.27x | 10.64x | 14.55x | 9.59x | 10.97x | 7.75x | 11.40x | 6.76x | 7.59x | 6.06x | 10.31x | 7.67x |
| Net Debt / EBITDA | 5.67x | 7.48x | 41.23x | 8.99x | 6.71x | 9.76x | 9.75x | 8.81x | 11.85x | 9.75x | 13.30x | 8.67x | 9.02x | 7.12x | 8.46x | 5.79x | 7.02x | 5.32x | 8.60x | 6.44x |
| Interest Coverage | - | - | 2.29x | 8.74x | 2.80x | 1.90x | 13.40x | 2.66x | 3.19x | 2.36x | 1.22x | 2.18x | 1.17x | 2.90x | 2.59x | 4.61x | - | - | - | - |
| Total Equity | 54.42B | 56.61B | 58.24B | 67.62B | 61B | 65.18B | 70.06B | 57.74B | 63.5B | 67.27B | 57.82B | 69.87B | 62.63B | 59.28B | 63.45B | 61.38B | 68.61B | 69.69B | 73.72B | 75.53B |
| Equity Growth % | -6.56% | -16.28% | -4.52% | 3.74% | -12.93% | 12.89% | 10.32% | -14.18% | 9.84% | -3.71% | -7.68% | 17.85% | -1.29% | -3.41% | -7.52% | -11.92% | -6.93% | -7.74% | -13.64% | -13.1% |
| Book Value per Share | 23.57 | 22.97 | 22.77 | 25.20 | 22.47 | 24.11 | 25.56 | 20.52 | 22.05 | 22.87 | 19.43 | 23.60 | 21.28 | 20.16 | 22.86 | 22.35 | 24.88 | 24.76 | 26.30 | 26.98 |
| Total Shareholders' Equity | 50.69B | 52.82B | 56.98B | 66.56B | 59.97B | 64B | 68.88B | 55.45B | 60.95B | 64.78B | 55.8B | 68.43B | 61.41B | 58.06B | 62.22B | 60.45B | 67.64B | 68.04B | 72.2B | 73.82B |
| Common Stock | 3.95B | 4.19B | 4.67B | 5.22B | 4.8B | 5.08B | 5.21B | 4.8B | 5.34B | 5.56B | 4.8B | 5.63B | 4.8B | 4.8B | 4.8B | 4.8B | 4.8B | 4.8B | 4.8B | 4.8B |
| Retained Earnings | -126.66B | -123.36B | -133.41B | -129.12B | -114.64B | -121.64B | -122.86B | -122.52B | -135.77B | -141.36B | -121.59B | -141.11B | -120.35B | -120.34B | -116.72B | -115.43B | -106.69B | -106.69B | -105.85B | -103.4B |
| Treasury Stock | -6.71B | -7.04B | -7.34B | -8.67B | -7.64B | -8.1B | -8.39B | -7.17B | -8.1B | -8.26B | -6.17B | -9.05B | -7.8B | -7.81B | -7.88B | -8.38B | -8.46B | -8.47B | -8.61B | -8.63B |
| Accumulated OCI | 29.64B | 29.03B | 29.88B | 32.37B | 28.2B | 30.68B | 31.55B | 31.26B | 32.31B | 33.97B | 27.95B | 33.91B | 32.13B | 28.84B | 29.52B | 29.16B | 27.8B | 28.28B | 30.06B | 29.3B |
| Minority Interest | 3.74B | 3.79B | 1.26B | 1.05B | 1.03B | 1.18B | 1.18B | 2.28B | 2.55B | 2.5B | 2.01B | 1.44B | 1.22B | 1.22B | 1.23B | 927M | 967M | 1.64B | 1.52B | 1.72B |