Tesla Inc (TSLA)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 58,360,000 | 56,379,000 | 52,977,000 | 50,535,000 | 49,616,000 | 45,026,000 | 43,875,000 | 42,997,000 | 40,917,000 | 35,990,000 | 31,222,000 | 29,050,000 | 27,100,000 | 25,002,000 | 24,693,000 | 24,705,000 | 26,717,000 | 21,744,000 | 15,336,000 | 14,893,000 |
| Total current liabilities | US$ in thousands | 28,821,000 | 30,577,000 | 27,729,000 | 29,453,000 | 28,748,000 | 26,640,000 | 27,592,000 | 27,436,000 | 26,709,000 | 24,611,000 | 21,821,000 | 21,455,000 | 19,705,000 | 18,051,000 | 16,371,000 | 14,877,000 | 14,248,000 | 13,302,000 | 12,270,000 | 11,986,000 |
| Current ratio | 2.02 | 1.84 | 1.91 | 1.72 | 1.73 | 1.69 | 1.59 | 1.57 | 1.53 | 1.46 | 1.43 | 1.35 | 1.38 | 1.39 | 1.51 | 1.66 | 1.88 | 1.63 | 1.25 | 1.24 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $58,360,000K ÷ $28,821,000K
= 2.02
The current ratio of Tesla Inc has shown variability over the past few years. The ratio stood at 1.24 as of March 31, 2020, and gradually increased to 2.02 by December 31, 2024. This indicates that the company's ability to cover its short-term obligations with its current assets improved over this period. However, there were fluctuations in between, with the ratio peaking at 1.91 on June 30, 2024, and dipping to 1.35 on March 31, 2022. Overall, Tesla Inc has maintained a current ratio above 1, suggesting sufficient liquidity to meet its short-term liabilities.
Peer comparison
Dec 31, 2024