VODVodafone Group Public Limited Company
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -62% · now 12% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can VOD take a bad year?
Vodafone Group Public Limited Company carries $42.1B of net debt at 4.05× EBITDA: a heavy load to carry through a bad year.
Net debt · as at FY2025 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.05×
Net debt / EBITDA · 3.61× a year ago · the load is going up
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 28%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2025
- $53.1B
- Cash and short-term investments
- $11.0B
- Net debt
- $42.1B
- EBITDA, trailing twelve months
- $10.4B
- Operating profit, trailing twelve months
- −$411M
- Debt / equity
- 1.01×
- Total debt / EBITDA
- 5.11×
- Annualised volatilitytwo years of daily moves
- 28%
- Worst drawdown on file
- −62%
- Below its 52-week high
- 12%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.