Telefonaktiebolaget LM Ericsson (publ) (ERIC) Balance Sheet: Assets & Liabilities

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Telefonaktiebolaget LM Ericsson (publ) reported total assets of SEK 279.23B and total liabilities of SEK 168.96B. Shareholders' equity was SEK 109.54B, up 16.0% from SEK 94.40B a year earlier. Total debt stood at SEK 46.04B against SEK 56.64B in cash and short-term investments, a net cash position of SEK 10.61B. That puts debt-to-equity at 0.42, compared with 0.48 a year earlier.

Telefonaktiebolaget LM Ericsson (publ) Balance Sheet Analysis

Values in billions SEK

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Telefonaktiebolaget LM Ericsson (publ) (ERIC) - Annual data in billions SEK
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	43.93	43.94	35.19	37.62	53.95	43.53	43.73	38.96	36.67
Short-Term Investments	12.72	12.56	15.15	8.57	12.91	6.81	6.56	6.72	6.86
Cash & Short-Term Investments	56.64	56.50	50.34	46.19	66.85	50.34	50.29	45.68	43.53
Accounts Receivable	63.46	68.13	42.22	76.41	69.81	68.82	67.71	86.06	84.54
Inventory	23.45	27.20	36.07	45.44	35.52	28.51	29.94	29.69	26.11
Other Current Assets	0.00	2.66	6.40	2.46	2.29	1.85	1.38	2.13	2.60
Total Current Assets	143.56	154.49	154.99	170.50	174.47	149.53	149.32	163.57	156.78
Non-Current Assets
Property, Plant & Equipment (Net)	15.53	17.05	18.52	21.69	21.49	21.33	21.67	13.04	13.14
Long-Term Investments	46.91	28.03	1.15	19.25	40.53	30.41	30.29	34.35	35.85
Goodwill	46.88	56.14	52.94	82.96	38.13	34.88	30.27	30.48	28.42
Intangible Assets	9.50	12.56	27.35	29.47	7.34	8.65	6.34	7.83	8.93
Other Non-Current Assets	0.00	0.00	30.07	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Assets	135.67	143.51	142.05	177.57	132.47	123.52	121.25	112.46	115.60
Total Assets	279.23	298.01	297.04	348.07	306.94	273.05	270.57	276.03	272.38
Current Liabilities
Accounts Payable	26.34	30.21	27.77	37.71	35.62	31.93	29.49	30.33	26.90
Short-Term Debt	5.33	8.28	17.66	8.31	11.79	10.12	11.38	2.29	2.60
Current Portion of Long-Term Debt	3.54	6.14	17.66	5.98	9.59	-	-	-	-
Accrued Liabilities	28.70	33.38	26.73	36.23	31.01	-	-	-	-
Deferred Revenue	36.87	41.28	34.42	41.45	32.77	26.39	28.17	29.79	29.71
Other Current Liabilities	42.41	48.94	10.25	52.75	43.61	41.19	44.29	50.16	42.50
Total Current Liabilities	110.94	132.03	129.40	142.85	126.71	114.12	113.33	112.57	101.71
Non-Current Liabilities
Long-Term Debt	40.71	37.31	29.22	33.12	29.26	29.27	34.78	31.33	31.17
Deferred Tax Liabilities	0.15	6.57	3.88	9.86	2.80	3.09	3.63	3.94	7.73
Other Non-Current Liabilities	17.16	28.99	0.76	31.46	41.28	41.55	39.40	39.11	32.07
Total Non-Current Liabilities	58.02	72.88	70.23	74.44	73.34	73.91	77.80	74.38	70.97
Total Liabilities	168.96	204.91	199.63	217.30	200.05	188.03	191.13	186.95	172.67
Stockholders' Equity
Common Stock	0.00	16.76	16.72	16.36	16.64	16.64	16.17	16.92	17.04
Retained Earnings	0.00	42.35	50.46	83.59	66.79	47.87	37.70	45.27	56.75
Accumulated Other Comprehensive Income	0.00	10.53	6.76	8.05	0.45	-2.68	2.22	0.98	0.00
Additional Paid-in Capital	109.54	24.76	24.73	24.26	24.68	24.69	23.99	25.10	25.27
Minority Interest	0.73	-1.30	-1.27	-1.48	-1.67	-1.49	-0.66	0.80	0.65
Shares Outstanding	3.33	3.33	3.33	3.33	3.33	-	-	-	-
Total Stockholders' Equity	109.54	94.40	98.67	132.25	108.57	86.52	80.09	88.27	99.06
Total Liabilities & Equity	279.23	298.01	297.04	348.07	306.94	273.05	270.57	276.03	272.38

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About Telefonaktiebolaget LM Ericsson (publ) Balance Sheet

How much debt does Telefonaktiebolaget LM Ericsson (publ) have?

Telefonaktiebolaget LM Ericsson (publ) had total debt of SEK 46.04B as of Dec 31, 2025, against SEK 56.64B in cash and short-term investments. Its debt-to-equity ratio was 0.42. Total debt was SEK 45.59B a year earlier.

What are Telefonaktiebolaget LM Ericsson (publ)'s total assets?

Telefonaktiebolaget LM Ericsson (publ) reported total assets of SEK 279.23B as of Dec 31, 2025, down 6.3% from SEK 298.01B a year earlier. Total liabilities were SEK 168.96B.

What is Telefonaktiebolaget LM Ericsson (publ)'s shareholders' equity?

Telefonaktiebolaget LM Ericsson (publ)'s shareholders' equity was SEK 109.54B as of Dec 31, 2025, or about SEK 32.86 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition