Tesla Balance Sheet Health
Financial Health criteria checks 6/6
Tesla has a total shareholder equity of $65.2B and total debt of $4.9B, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are $109.2B and $44.0B respectively. Tesla's EBIT is $7.4B making its interest coverage ratio -7.4. It has cash and short-term investments of $26.9B.
Key information
7.5%
Debt to equity ratio
US$4.87b
Debt
Interest coverage ratio | -7.4x |
Cash | US$26.86b |
Equity | US$65.18b |
Total liabilities | US$44.05b |
Total assets | US$109.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R0X's short term assets ($50.5B) exceed its short term liabilities ($29.5B).
Long Term Liabilities: 0R0X's short term assets ($50.5B) exceed its long term liabilities ($14.6B).
Debt to Equity History and Analysis
Debt Level: 0R0X has more cash than its total debt.
Reducing Debt: 0R0X's debt to equity ratio has reduced from 166.4% to 7.5% over the past 5 years.
Debt Coverage: 0R0X's debt is well covered by operating cash flow (225.4%).
Interest Coverage: 0R0X earns more interest than it pays, so coverage of interest payments is not a concern.