68/100B10.265
USD
-0.17
(-1.58%)
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Ericsson total debt 1986–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Ericsson's total debt was 45.33B SEK on 30 September 2026, up 3.6% on a year before. At the end of fiscal year 2025 it was 46.04B SEK.
Last updated 7 Nov 2026 · Next report 22 Jan 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 45.33B | +3.61% | 58.78B | 13.45B | 0.41 |
| FY2025 | 31 Dec 2025 | 46.04B | +0.98% | 56.64B | 10.61B | 0.42 |
| FY2024 | 31 Dec 2024 | 45.59B | -16.01% | 56.50B | 10.91B | 0.48 |
| FY2023 | 31 Dec 2023 | 54.28B | +31.02% | 44.74B | -9.55B | 0.55 |
| FY2022 | 31 Dec 2022 | 41.43B | +0.92% | 46.19B | 4.76B | 0.31 |
| FY2021 | 31 Dec 2021 | 41.05B | +4.23% | 66.85B | 25.80B | 0.38 |
| FY2020 | 31 Dec 2020 | 39.39B | -14.66% | 50.34B | 10.95B | 0.46 |
| FY2019 | 31 Dec 2019 | 46.16B | +37.30% | 50.29B | 4.13B | 0.58 |
| FY2018 | 31 Dec 2018 | 33.62B | -0.44% | 45.68B | 12.07B | 0.38 |
| FY2017 | 31 Dec 2017 | 33.77B | +25.85% | 43.53B | 9.76B | 0.34 |
| FY2016 | 31 Dec 2016 | 26.83B | +7.08% | 50.56B | 23.73B | 0.19 |
| FY2015 | 31 Dec 2015 | 25.06B | +15.28% | 66.10B | 41.05B | 0.17 |
| FY2014 | 31 Dec 2014 | 21.73B | -27.03% | 64.96B | 43.22B | 0.17 |
| FY2013 | 31 Dec 2013 | 29.79B | +2.97% | 77.96B | 48.17B | 0.21 |
| FY2012 | 31 Dec 2012 | 28.93B | -6.69% | 77.41B | 48.48B | 0.21 |
| FY2011 | 31 Dec 2011 | 31.00B | +0.78% | 80.49B | 49.49B | 0.22 |
| FY2010 | 31 Dec 2010 | 30.76B | -4.30% | 90.27B | 59.51B | 0.21 |
| FY2009 | 31 Dec 2009 | 32.15B | +5.46% | 76.79B | 44.64B | 0.23 |
| FY2008 | 31 Dec 2008 | 30.48B | +11.81% | 76.98B | 46.50B | 0.22 |
| FY2007 | 31 Dec 2007 | 27.26B | +82.17% | 57.82B | 30.56B | 0.20 |
| FY2006 | 31 Dec 2006 | 14.97B | -40.01% | 63.91B | 48.94B | 0.12 |
| FY2005 | 31 Dec 2005 | 24.95B | +6.25% | 81.44B | 56.49B | 0.25 |
| FY2004 | 31 Dec 2004 | 23.48B | -34.39% | 76.31B | 52.83B | 0.29 |
| FY2003 | 31 Dec 2003 | 35.79B | -27.99% | 73.14B | 37.35B | 0.59 |
| FY2002 | 31 Dec 2002 | 49.70B | -48.29% | 66.35B | 16.65B | 0.67 |
| FY2001 | 31 Dec 2001 | 96.11B | +157.74% | 68.81B | -27.30B | 1.40 |
| FY2000 | 31 Dec 2000 | 37.29B | +2.54% | 35.86B | -1.43B | 0.40 |
| FY1999 | 31 Dec 1999 | 36.37B | +89.04% | 28.98B | -7.38B | 0.53 |
| FY1998 | 31 Dec 1998 | 19.24B | +21.86% | 18.25B | -989.42M | 0.30 |
| FY1997 | 31 Dec 1997 | 15.79B | +79.59% | 29.28B | 13.49B | 0.30 |
| FY1996 | 31 Dec 1996 | 8.79B | +19.31% | 19.05B | 10.26B | 0.22 |
| FY1995 | 31 Dec 1995 | 7.37B | -4.95% | 15.24B | 7.88B | 0.22 |
| FY1994 | 31 Dec 1994 | 7.75B | -11.45% | 11.88B | 4.13B | 0.33 |
| FY1993 | 31 Dec 1993 | 8.75B | +17.52% | 8.80B | 48.34M | 0.41 |
| FY1992 | 31 Dec 1992 | 7.45B | +41.95% | 9.22B | 1.77B | 0.43 |
| FY1991 | 31 Dec 1991 | 5.25B | +53.83% | 7.87B | 2.62B | 0.31 |
| FY1990 | 31 Dec 1990 | 3.41B | -11.75% | 6.73B | 3.32B | 0.20 |
| FY1989 | 31 Dec 1989 | 3.86B | +36.55% | 5.08B | 1.22B | 0.35 |
| FY1988 | 31 Dec 1988 | 2.83B | -72.79% | 3.79B | 959.65M | 0.33 |
| FY1987 | 31 Dec 1987 | 10.40B | +76.21% | 3.40B | -7.00B | 1.39 |
| FY1986 | 31 Dec 1986 | 5.90B | — | 2.78B | -3.12B | 0.81 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 45.33B | +3.61% | 58.78B | 13.45B | 0.41 |
| Q2 FY2026 | 30 Jun 2026 | 39.38B | -9.53% | 53.97B | 14.59B | 0.38 |
| Q1 FY2026 | 31 Mar 2026 | 39.07B | -7.55% | 62.74B | 23.67B | 0.38 |
| Q4 FY2025 | 31 Dec 2025 | 46.04B | +0.98% | 56.64B | 10.61B | 0.42 |
| Q3 FY2025 | 30 Sept 2025 | 43.75B | +1.07% | 50.82B | 7.07B | 0.43 |
| Q2 FY2025 | 30 Jun 2025 | 43.53B | -9.03% | 40.20B | -3.33B | 0.50 |
| Q1 FY2025 | 31 Mar 2025 | 42.26B | -13.93% | 49.55B | 7.29B | 0.49 |
| Q4 FY2024 | 31 Dec 2024 | 45.59B | -16.01% | 56.50B | 10.91B | 0.48 |
| Q3 FY2024 | 30 Sept 2024 | 43.29B | -9.00% | 47.13B | 3.84B | 0.50 |
| Q2 FY2024 | 30 Jun 2024 | 47.84B | +12.49% | 42.50B | -5.35B | 0.57 |
| Q1 FY2024 | 31 Mar 2024 | 49.10B | +14.92% | 41.13B | -7.97B | 0.45 |
| Q4 FY2023 | 31 Dec 2023 | 54.28B | +31.02% | 44.74B | -9.55B | 0.55 |
| Q3 FY2023 | 30 Sept 2023 | 47.57B | +11.92% | 36.81B | -10.76B | 0.44 |
| Q2 FY2023 | 30 Jun 2023 | 42.53B | +7.70% | 30.84B | -11.69B | 0.32 |
| Q1 FY2023 | 31 Mar 2023 | 42.73B | -11.78% | 43.34B | 611.26M | 0.34 |
| Q4 FY2022 | 31 Dec 2022 | 41.43B | +0.92% | 46.19B | 4.76B | 0.31 |
| Q3 FY2022 | 30 Sept 2022 | 42.50B | +1.97% | 43.59B | 1.09B | 0.31 |
| Q2 FY2022 | 30 Jun 2022 | 39.49B | -7.33% | 97.28B | 57.79B | 0.30 |
| Q1 FY2022 | 31 Mar 2022 | 48.44B | +37.63% | 89.36B | 40.92B | 0.43 |
| Q4 FY2021 | 31 Dec 2021 | 41.05B | +4.23% | 66.85B | 25.80B | 0.38 |
| Q3 FY2021 | 30 Sept 2021 | 41.68B | -9.88% | 61.53B | 19.85B | 0.43 |
| Q2 FY2021 | 30 Jun 2021 | 42.62B | -10.23% | 55.99B | 13.37B | 0.46 |
| Q1 FY2021 | 31 Mar 2021 | 35.19B | -32.31% | 45.15B | 9.96B | 0.39 |
| Q4 FY2020 | 31 Dec 2020 | 39.39B | -14.66% | 50.34B | 10.95B | 0.46 |
| Q3 FY2020 | 30 Sept 2020 | 46.25B | -4.69% | 54.15B | 7.90B | 0.56 |
| Q2 FY2020 | 30 Jun 2020 | 47.47B | +4.75% | 51.29B | 3.81B | 0.60 |
| Q1 FY2020 | 31 Mar 2020 | 51.99B | +13.51% | 57.00B | 5.01B | 0.64 |
| Q4 FY2019 | 31 Dec 2019 | 46.16B | +37.30% | 50.29B | 4.13B | 0.58 |
| Q3 FY2019 | 30 Sept 2019 | 48.53B | +44.80% | 56.63B | 8.10B | 0.63 |
| Q2 FY2019 | 30 Jun 2019 | 45.32B | +33.88% | 51.89B | 6.57B | 0.54 |
| Q1 FY2019 | 31 Mar 2019 | 45.81B | +36.63% | 48.65B | 2.84B | 0.54 |
| Q4 FY2018 | 31 Dec 2018 | 33.62B | -0.44% | 45.68B | 12.07B | 0.38 |
| Q3 FY2018 | 30 Sept 2018 | 33.51B | +8.35% | 42.48B | 8.96B | 0.35 |
| Q2 FY2018 | 30 Jun 2018 | 33.85B | +10.80% | 45.46B | 11.61B | 0.36 |
| Q1 FY2018 | 31 Mar 2018 | 33.52B | -10.06% | 41.95B | 8.42B | 0.36 |
| Q4 FY2017 | 31 Dec 2017 | 33.77B | +25.85% | 43.53B | 9.76B | 0.34 |
| Q3 FY2017 | 30 Sept 2017 | 30.93B | +13.34% | 32.62B | 1.69B | 0.27 |
| Q2 FY2017 | 30 Jun 2017 | 30.55B | +9.84% | 32.44B | 1.88B | 0.25 |
| Q1 FY2017 | 31 Mar 2017 | 37.27B | +51.99% | 46.42B | 9.15B | 0.30 |
| Q4 FY2016 | 31 Dec 2016 | 26.83B | +6.81% | 50.56B | 23.73B | 0.19 |
| Q3 FY2016 | 30 Sept 2016 | 27.29B | +5.84% | 43.07B | 15.77B | 0.20 |
| Q2 FY2016 | 30 Jun 2016 | 27.82B | +8.03% | 48.78B | 20.96B | 0.20 |
| Q1 FY2016 | 31 Mar 2016 | 24.52B | -6.91% | 61.01B | 36.49B | 0.17 |
| Q4 FY2015 | 31 Dec 2015 | 25.12B | +4.04% | 66.27B | 41.15B | 0.17 |
| Q3 FY2015 | 30 Sept 2015 | 25.79B | +13.87% | 51.55B | 25.76B | 0.19 |
| Q2 FY2015 | 30 Jun 2015 | 25.75B | +11.82% | 53.77B | 28.02B | 0.19 |
| Q1 FY2015 | 31 Mar 2015 | 26.34B | +6.92% | 66.09B | 39.74B | 0.18 |
| Q4 FY2014 | 31 Dec 2014 | 24.15B | -18.03% | 72.16B | 48.01B | 0.17 |
| Q3 FY2014 | 30 Sept 2014 | 22.64B | -11.53% | 66.05B | 43.41B | 0.16 |
| Q2 FY2014 | 30 Jun 2014 | 23.03B | -13.06% | 68.40B | 45.37B | 0.17 |
| Q1 FY2014 | 31 Mar 2014 | 24.64B | -14.22% | 79.88B | 55.24B | 0.17 |
| Q4 FY2013 | 31 Dec 2013 | 29.46B | +2.75% | 77.09B | 47.63B | 0.21 |
| Q3 FY2013 | 30 Sept 2013 | 25.59B | -14.99% | 60.67B | 35.07B | 0.19 |
| Q2 FY2013 | 30 Jun 2013 | 26.49B | -13.48% | 64.81B | 38.33B | 0.20 |
| Q1 FY2013 | 31 Mar 2013 | 28.72B | -1.63% | 72.09B | 43.36B | 0.21 |
| Q4 FY2012 | 31 Dec 2012 | 28.67B | -7.59% | 76.71B | 48.04B | 0.21 |
| Q3 FY2012 | 30 Sept 2012 | 30.11B | -2.09% | 68.82B | 38.72B | 0.21 |
| Q2 FY2012 | 30 Jun 2012 | 30.62B | +0.79% | 66.38B | 35.77B | 0.21 |
| Q1 FY2012 | 31 Mar 2012 | 29.20B | -5.42% | 75.63B | 46.43B | 0.19 |
| Q4 FY2011 | 31 Dec 2011 | 31.02B | +0.84% | 83.39B | 52.37B | 0.22 |
| Q3 FY2011 | 30 Sept 2011 | 30.75B | -63.75% | 76.94B | 46.19B | 0.22 |
| Q2 FY2011 | 30 Jun 2011 | 30.38B | -66.19% | 78.73B | 48.35B | 0.22 |
| Q1 FY2011 | 31 Mar 2011 | 30.87B | -63.22% | 83.04B | 52.17B | 0.21 |
| Q4 FY2010 | 31 Dec 2010 | 30.76B | -4.22% | 90.27B | 59.51B | 0.21 |
| Q3 FY2010 | 30 Sept 2010 | 84.82B | -2.98% | 76.17B | -8.65B | 0.62 |
| Q2 FY2010 | 30 Jun 2010 | 89.85B | -2.55% | 67.59B | -22.26B | 0.65 |
| Q1 FY2010 | 31 Mar 2010 | 83.94B | -4.32% | 77.86B | -6.08B | 0.60 |
| Q4 FY2009 | 31 Dec 2009 | 32.12B | +5.38% | 78.17B | 46.05B | 0.23 |
| Q3 FY2009 | 30 Sept 2009 | 87.42B | +216.30% | 79.79B | -7.63B | 0.63 |
| Q2 FY2009 | 30 Jun 2009 | 92.21B | +318.59% | 75.52B | -16.69B | 0.65 |
| Q1 FY2009 | 31 Mar 2009 | 87.73B | +246.87% | 64.06B | -23.68B | 0.60 |
| Q4 FY2008 | 31 Dec 2008 | 30.48B | +11.81% | 76.98B | 46.50B | 0.22 |
| Q3 FY2008 | 30 Sept 2008 | 27.64B | +5.22% | 65.71B | 38.07B | 0.20 |
| Q2 FY2008 | 30 Jun 2008 | 22.03B | -17.00% | 57.11B | 35.08B | 0.17 |
| Q1 FY2008 | 31 Mar 2008 | 25.29B | +61.21% | 60.27B | 34.98B | 0.19 |
| Q4 FY2007 | 31 Dec 2007 | 27.26B | +87.50% | 57.82B | 30.56B | 0.20 |
| Q3 FY2007 | 30 Sept 2007 | 26.27B | +66.65% | 43.92B | 17.65B | 0.20 |
| Q2 FY2007 | 30 Jun 2007 | 26.54B | +65.35% | 48.65B | 22.11B | 0.21 |
| Q1 FY2007 | 31 Mar 2007 | 15.69B | -39.63% | 51.67B | 35.98B | 0.12 |
| Q4 FY2006 | 31 Dec 2006 | 14.54B | -41.73% | 62.09B | 47.55B | 0.12 |
| Q3 FY2006 | 30 Sept 2006 | 15.76B | +35.38% | 55.33B | 39.57B | 0.14 |
| Q2 FY2006 | 30 Jun 2006 | 16.05B | +35.73% | 49.63B | 33.58B | 0.15 |
| Q1 FY2006 | 31 Mar 2006 | 25.99B | +27.22% | 66.40B | 40.41B | 0.24 |
| Q4 FY2005 | 31 Dec 2005 | 24.95B | +20.20% | 81.45B | 56.50B | 0.24 |
| Q3 FY2005 | 30 Sept 2005 | 11.64B | +398.31% | 70.49B | 58.84B | 0.12 |
| Q2 FY2005 | 30 Jun 2005 | 11.82B | +70.70% | 72.18B | 60.36B | 0.13 |
| Q1 FY2005 | 31 Mar 2005 | 20.43B | — | 71.58B | 51.15B | 0.24 |
| Q4 FY2004 | 31 Dec 2004 | 20.76B | -42.00% | 77.06B | 56.30B | 0.27 |
| Q3 FY2004 | 30 Sept 2004 | 2.34B | -93.95% | 72.62B | 70.28B | 0.03 |
| Q2 FY2004 | 30 Jun 2004 | 6.93B | -78.66% | 77.83B | 70.90B | 0.10 |
| Q1 FY2004 | 31 Mar 2004 | 0.00 | -100.00% | 74.31B | 74.31B | 0.00 |
| Q4 FY2003 | 31 Dec 2003 | 35.79B | -27.99% | 73.14B | 37.35B | 0.59 |
| Q3 FY2003 | 30 Sept 2003 | 38.61B | +1.73% | 69.61B | 31.00B | 0.63 |
| Q2 FY2003 | 30 Jun 2003 | 32.45B | -13.05% | 62.25B | 29.79B | 0.49 |
| Q1 FY2003 | 31 Mar 2003 | 51.26B | -2.95% | 67.03B | 15.77B | 0.74 |
| Q4 FY2002 | 31 Dec 2002 | 49.70B | -48.29% | 66.35B | 16.65B | 0.67 |
| Q3 FY2002 | 30 Sept 2002 | 37.95B | -26.21% | 74.43B | 36.48B | 0.46 |
| Q2 FY2002 | 30 Jun 2002 | 37.32B | -20.56% | 47.46B | 10.14B | 0.63 |
| Q1 FY2002 | 31 Mar 2002 | 52.81B | +155.04% | 56.03B | 3.22B | 0.68 |
| Q4 FY2001 | 31 Dec 2001 | 96.11B | +157.74% | 68.81B | -27.30B | 1.40 |
| Q3 FY2001 | 30 Sept 2001 | 51.43B | +11.92% | 39.89B | -11.55B | 0.71 |
| Q2 FY2001 | 30 Jun 2001 | 46.98B | +11.92% | 35.87B | -11.11B | 0.62 |
| Q1 FY2001 | 31 Mar 2001 | 20.71B | -54.74% | 20.77B | 62.25M | 0.22 |
| Q4 FY2000 | 31 Dec 2000 | 37.29B | +2.54% | 35.86B | -1.43B | 0.40 |
| Q3 FY2000 | 30 Sept 2000 | 45.96B | +701.62% | 23.86B | -22.09B | 0.51 |
| Q2 FY2000 | 30 Jun 2000 | 41.98B | +639.99% | 27.59B | -14.39B | 0.51 |
| Q1 FY2000 | 31 Mar 2000 | 45.76B | +655.07% | 23.80B | -21.95B | 0.62 |
| Q4 FY1999 | 31 Dec 1999 | 36.37B | +89.04% | 28.98B | -7.38B | 0.53 |
| Q3 FY1999 | 30 Sept 1999 | 5.73B | -7.56% | 20.56B | 14.82B | 0.09 |
| Q2 FY1999 | 30 Jun 1999 | 5.67B | -7.19% | 12.21B | 6.54B | 0.09 |
| Q1 FY1999 | 31 Mar 1999 | 6.06B | — | 16.42B | 10.36B | 0.10 |
| Q4 FY1998 | 31 Dec 1998 | 19.24B | +21.86% | 18.25B | -989.42M | 0.30 |
| Q3 FY1998 | 30 Sept 1998 | 6.20B | — | 21.57B | 15.37B | 0.11 |
| Q2 FY1998 | 30 Jun 1998 | 6.11B | — | 22.92B | 16.81B | 0.11 |
| Q4 FY1997 | 31 Dec 1997 | 15.79B | +79.59% | 29.28B | 13.49B | 0.30 |
| Q4 FY1996 | 31 Dec 1996 | 8.79B | +19.31% | 19.05B | 10.26B | 0.22 |
| Q4 FY1995 | 31 Dec 1995 | 7.37B | -4.95% | 15.24B | 7.88B | 0.22 |
| Q4 FY1994 | 31 Dec 1994 | 7.75B | -11.45% | 11.88B | 4.13B | 0.33 |
| Q4 FY1993 | 31 Dec 1993 | 8.75B | +17.52% | 8.80B | 48.34M | 0.41 |
| Q4 FY1992 | 31 Dec 1992 | 7.45B | +41.95% | 9.22B | 1.77B | 0.43 |
| Q4 FY1991 | 31 Dec 1991 | 5.25B | +53.83% | 7.87B | 2.62B | 0.31 |
| Q4 FY1990 | 31 Dec 1990 | 3.41B | -11.75% | 6.73B | 3.32B | 0.20 |
| Q4 FY1989 | 31 Dec 1989 | 3.86B | +36.55% | 5.08B | 1.22B | 0.35 |
| Q4 FY1988 | 31 Dec 1988 | 2.83B | -72.79% | 3.79B | 959.65M | 0.33 |
| Q4 FY1987 | 31 Dec 1987 | 10.40B | +76.21% | 3.40B | -7.00B | 1.39 |
| Q4 FY1986 | 31 Dec 1986 | 5.90B | — | 2.78B | -3.12B | 0.81 |
Figures in SEK at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Balance sheet
Common questions about Ericsson's debt
Source: Financial Modeling Prep