Tesla Balance Sheet Health

Financial Health criteria checks 6/6

Tesla has a total shareholder equity of $63.6B and total debt of $4.7B, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $106.6B and $43.0B respectively. Tesla's EBIT is $8.9B making its interest coverage ratio -9.8. It has cash and short-term investments of $29.1B.

Key information

7.3%

Debt to equity ratio

US$4.66b

Debt

Interest coverage ratio-9.8x
CashUS$29.09b
EquityUS$63.61b
Total liabilitiesUS$43.01b
Total assetsUS$106.62b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TL0's short term assets ($49.6B) exceed its short term liabilities ($28.7B).

Long Term Liabilities: TL0's short term assets ($49.6B) exceed its long term liabilities ($14.3B).


Debt to Equity History and Analysis

Debt Level: TL0 has more cash than its total debt.

Reducing Debt: TL0's debt to equity ratio has reduced from 170.2% to 7.3% over the past 5 years.

Debt Coverage: TL0's debt is well covered by operating cash flow (284.6%).

Interest Coverage: TL0 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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