Tesla Inc (TSLA)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 122,070,000 | 106,618,000 | 82,338,000 | 62,131,000 | 52,148,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $122,070,000K
= 0.00
The debt-to-assets ratio for Tesla Inc has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that Tesla Inc has not utilized debt financing to fund its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's total liabilities are effectively non-existent in relation to its total assets. While this may suggest a strong financial position and minimal financial risk due to the absence of debt, it is important to consider other factors such as liquidity, profitability, and future capital requirements in evaluating the overall financial health of Tesla Inc.
Peer comparison
Dec 31, 2024