Tesla Inc (TSLA)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 72,913,000 | 62,634,000 | 44,704,000 | 30,189,000 | 22,225,000 |
Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $72,913,000K
= 0.00
Based on the provided data, Tesla Inc's debt-to-equity ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its operations or growth, and its capital structure is entirely equity-based during this period. A debt-to-equity ratio of 0.00 implies that the company has no debt relative to its equity, which can be perceived positively by investors and creditors as it signifies a lower financial risk and potential for better financial stability. Tesla's ability to maintain a debt-free capital structure may indicate strong financial health and the company's reliance on equity financing for its operations and investments.
Peer comparison
Dec 31, 2024