A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Tesla's Debt-to-Equity or its related term are showing as below:
TSLA'
s Debt-to-Equity Range Over the Past 10 Years
Min: -17.02 Med: 1.3 Max: 7.06
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of Tesla was 7.06. The lowest was -17.02. And the median was 1.30.
TSLA's Debt-to-Equity is ranked better than 81.61% of 1120
companies
in the Vehicles & Parts industry
Industry Median: 0.48
vs TSLA: 0.12
Tesla Debt-to-Equity Historical Data
The historical data trend for Tesla's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Tesla Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Debt-to-Equity
2.81
2.21
0.60
0.29
0.13
Tesla Quarterly Data
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Debt-to-Equity
0.21
0.18
0.15
0.13
0.12
Competitive Comparison
For the Auto Manufacturers subindustry, Tesla's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tesla Debt-to-Equity Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tesla's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.
Tesla Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Tesla's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Tesla Debt-to-Equity Related Terms
Thank you for viewing the detailed overview of Tesla's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.
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