Tesla Balance Sheet Health

Financial Health criteria checks 6/6

Tesla has a total shareholder equity of $70.7B and total debt of $7.4B, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are $119.9B and $49.1B respectively. Tesla's EBIT is $8.1B making its interest coverage ratio -7.1. It has cash and short-term investments of $33.6B.

Key information

10.5%

Debt to equity ratio

US$7.39b

Debt

Interest coverage ratio-7.1x
CashUS$33.65b
EquityUS$70.71b
Total liabilitiesUS$49.14b
Total assetsUS$119.85b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TSLAD's short term assets ($56.4B) exceed its short term liabilities ($30.6B).

Long Term Liabilities: TSLAD's short term assets ($56.4B) exceed its long term liabilities ($18.6B).


Debt to Equity History and Analysis

Debt Level: TSLAD has more cash than its total debt.

Reducing Debt: TSLAD's debt to equity ratio has reduced from 157.5% to 10.5% over the past 5 years.

Debt Coverage: TSLAD's debt is well covered by operating cash flow (195.9%).

Interest Coverage: TSLAD earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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