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Tesla (MIL:1TSLA) Debt-to-Asset : 0.11 (As of Sep. 2024)


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What is Tesla Debt-to-Asset?

Tesla's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €2,782 Mil. Tesla's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €8,735 Mil. Tesla's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €107,987 Mil. Tesla's debt to asset for the quarter that ended in Sep. 2024 was 0.11.

Tesla Debt-to-Asset Historical Data

The historical data trend for Tesla's Debt-to-Asset 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 Debt-to-Asset Chart

Tesla Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.26 0.14 0.07 0.09

Tesla Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.09 0.11 0.11

Competitive Comparison of Tesla's Debt-to-Asset

For the Auto Manufacturers subindustry, Tesla's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tesla's Debt-to-Asset falls into.


Tesla Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tesla's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2792.265 + 5986.176) / 97768.706
=0.09

Tesla's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2782.288 + 8735.195) / 107986.652
=0.11

* 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.

Tesla  (MIL:1TSLA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tesla Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Tesla's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Tesla Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (MIL:1TSLA) » Definitions » Debt-to-Asset
Comparable Companies
STLA F GM LI RIVN NIO XPEV VFS LCID PSNY TSE:7203 SZSE:002594 XTER:MBG XTER:BMW XTER:VOW3 MIL:RACE TSE:7267 NSE:MARUTI XKRX:005380 HKSE:02333
Traded in Other Exchanges
TSLA:USA TSLA:Poland TSLA:Peru TSLA:Mexico TSLA_KZ:Kazakhstan TL0d:UK TL0:Germany TSLACL:Chile TSLA:Canada TSLA34:Brazil TL0:Bulgaria TSLA:Austria TSLA:Argentina
Address
1 Tesla Road, Austin, TX, USA, 78725
Website
https://www.tesla.com
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and a robotaxi. Global deliveries in 2023 were a little over 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

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