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 |
| Cash | US$30.72b |
| Equity | US$67.26b |
| Total liabilities | US$45.57b |
| Total assets | US$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.