Tesla Balance Sheet Health

Financial Health criteria checks 6/6

Tesla has a total shareholder equity of $67.3B and total debt of $7.4B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are $112.8B and $45.6B respectively. Tesla's EBIT is $7.2B making its interest coverage ratio -6.8. It has cash and short-term investments of $30.7B.

Key information

10.9%

Debt to equity ratio

US$7.36b

Debt

Interest coverage ratio-6.8x
CashUS$30.72b
EquityUS$67.26b
Total liabilitiesUS$45.57b
Total assetsUS$112.83b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1TSLA's short term assets ($53.0B) exceed its short term liabilities ($27.7B).

Long Term Liabilities: 1TSLA's short term assets ($53.0B) exceed its long term liabilities ($17.8B).


Debt to Equity History and Analysis

Debt Level: 1TSLA has more cash than its total debt.

Reducing Debt: 1TSLA's debt to equity ratio has reduced from 159.6% to 10.9% over the past 5 years.

Debt Coverage: 1TSLA's debt is well covered by operating cash flow (156.6%).

Interest Coverage: 1TSLA earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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