Tesla Inc (TSLA)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	58,360,000	49,616,000	40,917,000	27,100,000	26,717,000
Total current liabilities	US$ in thousands	28,821,000	28,748,000	26,709,000	19,705,000	14,248,000
Current ratio		2.02	1.73	1.53	1.38	1.88

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $58,360,000K ÷ $28,821,000K
= 2.02

Based on the data provided, Tesla Inc's current ratio has shown some fluctuations over the past five years. The current ratio, which measures the company's ability to cover its short-term liabilities with its short-term assets, was 1.88 as of December 31, 2020.

Subsequently, the current ratio decreased to 1.38 by December 31, 2021, indicating a potential decline in the company's ability to meet its short-term obligations. However, there was a slight improvement in the current ratio to 1.53 by December 31, 2022.

The trend continued to improve in the following years, with the current ratio reaching 1.73 as of December 31, 2023, suggesting a strengthening liquidity position. By December 31, 2024, Tesla Inc's current ratio further increased to 2.02, indicating a significant improvement in the company's ability to meet its short-term obligations with its current assets.

Overall, Tesla Inc's current ratio has exhibited variability over the years, but the trend generally shows a positive trajectory, with the company improving its ability to cover short-term liabilities with its current assets.