Tesla (TSLA) - Total debt (2024)

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Tesla (TSLA) - Total debt? ›

Total debt on the balance sheet as of March 2024 : $9.91 B

Tesla's operated at median total debt of 9.573 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Tesla's total debt peaked in December 2019 at 14.576 billion. Tesla's total debt hit its 5-year low in December 2022 of 5.748 billion.

Total liabilities on the balance sheet as of March 2024 : $44.04 B. According to Tesla's latest financial reports the company's total liabilities are $44.04 B. A company's total liabilities is the sum of all current and non-current debts and obligations.

During the past 13 years, the highest Debt-to-Equity Ratio of Tesla was 3.75. The lowest was 0.11. And the median was 1.84.

Tesla Balance Sheet

Tesla's total assets for Q1 2024 were $109.23B, an increase of 2.45% from the previous quarter. TSLA total liabilities were $44.05B for the fiscal quarter, a 2.41% a decrease from the previous quarter.

Automakers also need top-of-the-line research and development, which can be costly from an investment standpoint. Cobb attributes Tesla's low debts to a few different things, with the first being its sleek lineup of cars, innovative technology, and its overall dedication to renewable energy and sustainability.

Tesla is, for all practical purposes, virtually debt free 20 years after incorporation. Warning! GuruFocus has detected 8 Warning Signs with SQ. Click here to check it out.

Cash on Hand as of March 2024 : $26.86 B

According to Tesla's latest financial reports the company has $26.86 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Total assets can be defined as the sum of all assets on a company's balance sheet. Tesla total assets for the quarter ending March 31, 2024 were $109.226B, a 25.79% increase year-over-year. Tesla total assets for 2023 were $106.618B, a 29.49% increase from 2022.

Tesla (TSLA) Cash flow

TSLA's free cash flow for Q1 2024 was $-2.53B. For the 2024 fiscal year, TSLA's free cash flow was decreased by $-3.21B and operating cash flow was $242.00M. See a summary of the company's cash flow.

Is Tesla financially stable? ›

Even after the carnage in Tesla's financial results and projections, its valuation remains far richer than most other public companies' by a host of metrics: its price-to-earnings ratio—which measures projected profits over the next 12 months compared to a company's market value—of over 50 is about three times that of ...

Energy generation and storage profits: While Tesla is known for its vehicles, its energy generation and storage business is also a market leader. In 2023, the segment generated a gross profit of over $1.1 billion. Tesla reported a 4% year-over-year increase in storage deployed during the first quarter.

Tesla's $47 billion in cash looks more than enough to cover all amounts due, which comes to about $10.6 billion. However, even without the cash flow from operating activities, Tesla is still able to pay off its entire debt due with just the cash balance, which totaled as much as $16 billion as of 4Q 2023.

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.

Tesla (TSLA) Short-Term Debt : $2,135 Mil (As of Mar. 2024)

Fannie Mae is the world's largest debtor, carrying $4.232 trillion in debt. U.S. companies make up 60.13% of the $10.8 trillion owed by the top 100 global companies in debt. Toyota holds the title of the world's most indebted company outside the financial industries, with a debt of $221.13 billion.

Key Points. Apple carries over $100 billion of long-term debt on its balance sheet. But the tech titan is also able to produce massive amounts of free cash flow. This easily covers interest payments and funds its stock buybacks and dividends.