Tesla (TSLA) Debt Metrics

Price: $357.09
Market Cap: $1.15T
Avg Volume: 89.11M
Country: US
Industry: Auto - Manufacturers
Sector: Consumer Cyclical
Beta: 2.295
52W Range: $138.8-361.93
Website: Tesla

How much debt does Tesla have?

According to Tesla's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Tesla's total debt stands at $9.57B. This is broken down into:

  • Long-term debt: $6.53B
  • Short-term debt: $3.04B

The company's net debt, which accounts for cash and cash equivalents, is $-6.83B. In terms of overall financial obligations, Tesla's total liabilities amount to $43.01B.

Debt Ratios and Metrics

To better understand Tesla's debt position, we can look at several key ratios:

  • Debt to Equity Ratio: 0.07 - this indicates the proportion of equity and debt the company uses to finance its assets.
  • Debt Ratio: 4.37% - this shows the proportion of a company's assets that are financed through debt.
  • Interest Coverage Ratio: 56.99 - this measures how easily a company can pay interest on its outstanding debt.
  • Long-term Debt to Capitalization: 4.11% - this shows the proportion of long-term debt in the company's capital structure.
  • Total Debt to Capitalization: 6.92% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Tesla's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.

Total Debt

$9.57B

Long-term Debt

$6.53B

Short-term Debt

$3.04B

Net Debt

$-6.83B

Total Liabilities

$43.01B

Interest Coverage

56.99

Debt to Equity Ratio

0.07

Debt Ratio

4.37%

Tesla Historical Debt Metrics
Total Debt
Long-term Debt
Short-term Debt
Net Debt
$18.00B$18.00B$12.00B$12.00B$6.00B$6.00B$0.00$0.00-$6.00B-$6.00B-$12.00B-$12.00BDebt Metrics201520152016201620172017201820182019201920202020202120212022202220232023

Tesla Historical Debt

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.

Year Total Debt Long-term Debt Short-term Debt Net Debt Total Liabilities Debt to Equity Debt Ratio Interest Coverage Long-term Debt to Capitalization Total Debt to Capitalization
2023 $9.57B $6.53B $3.04B $-6.83B $43.01B 0.07 4.37% 56.99 4.11% 6.92%
2022 $5.75B $3.76B $1.99B $-10.51B $36.44B 0.05 2.48% 71.50 2.25% 4.37%
2021 $8.87B $6.92B $1.96B $-8.70B $30.55B 0.18 8.60% 17.58 12.35% 15.03%
2020 $13.28B $10.86B $2.42B $-6.11B $28.47B 0.46 19.70% -2.67 27.70% 31.61%
2019 $14.60B $12.59B $2.01B $8.34B $26.20B 1.78 34.40% 0.10 61.12% 64.07%
2018 $13.83B $11.12B $2.71B $10.14B $23.43B 2.16 35.75% -0.59 63.08% 68.35%
2017 $12.13B $11.15B $978.78M $8.76B $23.02B 2.43 36.00% -3.46 68.97% 70.88%
2016 $8.59B $7.38B $1.21B $5.19B $16.76B 1.53 32.05% -3.36 56.02% 60.45%
2015 $2.90B $2.27B $630.53M $1.70B $6.98B 2.49 33.44% -6.03 65.62% 71.34%
2014 $2.53B $1.89B $699.86M $625.20M $4.92B 2.79 43.67% -1.85 67.31% 73.63%