Tesla Inc (TSLA)
Financial leverage 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 assets | US$ in thousands | 122,070,000 | 119,852,000 | 112,832,000 | 109,226,000 | 106,618,000 | 93,941,000 | 90,591,000 | 86,833,000 | 82,338,000 | 74,426,000 | 68,513,000 | 66,038,000 | 62,131,000 | 57,834,000 | 55,146,000 | 52,972,000 | 52,148,000 | 45,691,000 | 38,135,000 | 37,250,000 |
| Total stockholders’ equity | US$ in thousands | 72,913,000 | 69,931,000 | 66,468,000 | 64,378,000 | 62,634,000 | 53,466,000 | 51,130,000 | 48,054,000 | 44,704,000 | 39,851,000 | 36,376,000 | 34,085,000 | 30,189,000 | 27,053,000 | 24,804,000 | 23,017,000 | 22,225,000 | 16,031,000 | 9,855,000 | 9,173,000 |
| Financial leverage ratio | 1.67 | 1.71 | 1.70 | 1.70 | 1.70 | 1.76 | 1.77 | 1.81 | 1.84 | 1.87 | 1.88 | 1.94 | 2.06 | 2.14 | 2.22 | 2.30 | 2.35 | 2.85 | 3.87 | 4.06 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $122,070,000K ÷ $72,913,000K
= 1.67
The financial leverage ratio of Tesla Inc has shown a consistent downward trend over the past few years, indicating an improvement in the company's ability to meet its financial obligations using debt. The ratio has decreased from 4.06 as of March 31, 2020, to 1.67 as of December 31, 2024. This suggests that Tesla has been reducing its reliance on debt to finance its operations, which can lead to lower financial risk and greater financial stability. Overall, the decreasing trend in the financial leverage ratio reflects a positive development in Tesla's capital structure and financial health.
Peer comparison
Dec 31, 2024