GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (LIM:TSLA) » Definitions » Debt-to-Equity

Tesla (LIM:TSLA) Debt-to-Equity : 0.15 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Tesla Debt-to-Equity?

Tesla's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3,165 Mil. Tesla's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6,746 Mil. Tesla's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $64,378 Mil. Tesla's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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:

LIM:TSLA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 1.84   Max: 3.75
Current: 0.15

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.

LIM:TSLA's Debt-to-Equity is ranked better than
77.72% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs LIM:TSLA: 0.15

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 Debt-to-Equity Chart

Tesla Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 0.60 0.29 0.13 0.15

Tesla Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 0.12 0.11 0.15 0.15 0.15

Competitive Comparison of Tesla's Debt-to-Equity

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's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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 into.



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. 2023 is calculated as

Tesla's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Tesla  (LIM:TSLA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Tesla (LIM:TSLA) Business Description

Address
1 Tesla Road, Austin, TX, USA, 78725
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.

Tesla (LIM:TSLA) Headlines

From GuruFocus

Q2 2021 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2019 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024