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Tesla Inc   (TSLA)
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Tesla Inc 's Leverage Ratio

TSLA's quarterly Leverage Ratio and Total Liabilities, Equity growth


Despite a net increase in borrowings by 2.01%, Tesla Inc managed to enhance Leverage Ratio in the first quarter 2024 to 0.69, reaching a new company low.

Within EV, Auto & Truck Manufacturers industry in the first quarter 2024, 2 other companies have achieved lower Leverage Ratio than Tesla Inc in the I Quarter 2024. While Leverage Ratio total ranking has improved so far in the first quarter 2024 to 965, from total ranking in the forth quarter 2023 at 970 .

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Who are TSLA Customers?
What are TSLA´s Total Liabilities?


TSLA Leverage Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Equity Change 33.97 % 40.11 % 34.16 % 40.56 % 40.98 %
Y / Y Total Liabilities Change 16.09 % 17.37 % 17.79 % 23.73 % 22.24 %
Leverage Ratio MRQ 0.69 0.69 0.74 0.76 0.79
TSLA's Total Ranking # 965 # 970 # 1077 # 610 # 1439
Seq. Equity Change 2.78 % 17.15 % 4.57 % 6.4 % 7.49 %
Seq. Total Liabilities Change 2.01 % 8.88 % 2.65 % 1.82 % 3.14 %



Leverage Ratio first quarter 2024 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 3
Consumer Discretionary Sector # 40
Overall Market # 965


Leverage Ratio Statistics
High Average Low
8.03 3.36 0.69
(June 30. 2015)   (Mar 31 2024)




Financial Statements
Tesla Inc 's Equity $ 64,378 Millions Visit TSLA's Balance sheet
Tesla Inc 's Total Liabilities $ 44,119 Millions Visit TSLA's Balance sheet
Source of TSLA's Sales Visit TSLA's Sales by Geography


Cumulative Tesla Inc 's Leverage Ratio

TSLA's Leverage Ratio for the trailling 12 Months

TSLA Leverage Ratio

(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Equity TTM Growth 33.97 % 40.11 % 34.16 % 40.56 % 40.98 %
Y / Y Total Liabilities TTM Growth 16.09 % 17.37 % 17.79 % 23.73 % 22.24 %
Leverage Ratio TTM 0.72 0.74 0.78 0.8 0.83
Total Ranking TTM # 5 # 5 # 5 # 6 # 7
Seq. Equity TTM Growth 2.78 % 17.15 % 4.57 % 6.4 % 7.49 %
Seq. Total Liabilities TTM Growth 2.01 % 8.88 % 2.65 % 1.82 % 3.14 %


On the trailing twelve months basis Despite of the net new borrowings of 2.01% during the twelve months period ending in I Quarter 2024 Tesla Inc has managed to decrease Leverage Ratio in the I Quarter 2024 to 0.72, below Tesla Inc 's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the EV, Auto & Truck Manufacturers industry TSLA recorded the lowest Leverage Ratio. While total ranking remained unchanged compared to previous 12 month period at no. 5.

Explain Leverage Ratio?
Who are TSLA Customers?
What are TSLA´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the EV, Auto & Truck Manufacturers Industry # 0
Consumer Discretionary Sector # 0
Within the Market # 5


trailing twelve months Leverage Ratio Statistics
High Average Low
18.86 3.86 0.73
(Dec. 30, 2012)   (Mar 31 2024)




Companies with similar Leverage Ratio in the quarter ending Mar 31 2024, within EV, Auto & Truck Manufacturers Industry Leverage RatioMar 31 2024 MRQ Total LiabilitiesMar 31 2024 MRQ Equity
Toyota Motor Corp  1.56 $ 341,772.285  Millions$ 219,477.691  Millions
Honda Motor Co Ltd   1.29 $ 105,520.597  Millions$ 81,844.264  Millions
Lucid Group Inc   1.10 $ 4,657.303  Millions$ 4,232.190  Millions
Mullen Automotive Inc   1.01 $ 119.032  Millions$ 117.415  Millions
Rivian Automotive Inc   0.86 $ 6,956.000  Millions$ 8,069.000  Millions
Shyft Group Inc   0.85 $ 210.091  Millions$ 246.825  Millions
Workhorse Group Inc   0.69 $ 46.446  Millions$ 67.424  Millions
Tesla Inc   0.69 $ 44,119.000  Millions$ 64,378.000  Millions
Nikola Corporation  0.58 $ 340.461  Millions$ 586.275  Millions
Federal Signal Corporation  0.52 $ 538.200  Millions$ 1,044.400  Millions
Cenntro Inc   0.18 $ 20.215  Millions$ 112.540  Millions

Date modified: 2024-04-24T15:49:27+00:00



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