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
Cash
US$33.65b
Equity
US$70.71b
Total liabilities
US$49.14b
Total assets
US$119.85b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSLA's short term assets ($56.4B) exceed its short term liabilities ($30.6B).
Long Term Liabilities: TSLA's short term assets ($56.4B) exceed its long term liabilities ($18.6B).
Debt to Equity History and Analysis
Debt Level: TSLA has more cash than its total debt.
Reducing Debt: TSLA's debt to equity ratio has reduced from 157.5% to 10.5% over the past 5 years.
Debt Coverage: TSLA's debt is well covered by operating cash flow (195.9%).
Interest Coverage: TSLA earns more interest than it pays, so coverage of interest payments is not a concern.