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Tesla Inc   (TSLA)
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Tesla Inc 's Tangible Leverage Ratio

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


Despite a net increase in borrowing by 2.01%, Tesla Inc managed to enhance Tangible 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 Tangible Leverage Ratio than Tesla Inc in the I Quarter 2024. While Tangible 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 .

Explain Tangible Leverage Ratio?
What is TSLA Market Share?
What are TSLA´s Total Liabilities?


TSLA Tangible 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 Tangible Equity Change 34.21 % 40.43 % 34.47 % 40.97 % 41.7 %
Y / Y Total Liabilities Change 16.09 % 17.37 % 17.79 % 23.73 % 22.24 %
Tangible Leverage Ratio MRQ 0.69 0.7 0.75 0.76 0.8
TSLA's Total Ranking # 965 # 970 # 1077 # 610 # 1439
Seq. Tangible Equity Change 2.82 % 17.31 % 4.66 % 6.32 % 7.59 %
Seq. Total Liabilities Change 2.01 % 8.88 % 2.65 % 1.82 % 3.14 %



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


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




Financial Statements
Tesla Inc 's Tangible Equity $ 63,957 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 Tangible Leverage Ratio

TSLA's Tangible Leverage Ratio for the trailling 12 Months

TSLA Tangible 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 Tangible Equity TTM Growth 34.21 % 40.43 % 34.47 % 40.97 % 41.7 %
Y / Y Total Liabilities TTM Growth 16.09 % 17.37 % 17.79 % 23.73 % 22.24 %
Tangible Leverage Ratio TTM 0.72 0.75 0.78 0.81 0.84
Total Ranking TTM # 5 # 5 # 5 # 6 # 7
Seq. Tangible Equity TTM Growth 2.82 % 17.31 % 4.66 % 6.32 % 7.59 %
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 borrowing of 2.01% during the twelve months period ending in I Quarter 2024 Tesla Inc has managed to decrease Tangible Leverage Ratio in the I Quarter 2024 to 0.72, below Tesla Inc 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the EV, Auto & Truck Manufacturers industry 2, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Tesla Inc . While total ranking remained unchanged compared to previous 12 month period at no. 5.

Explain Tangible Leverage Ratio?
What is TSLA Market Share?
What are TSLA´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the EV, Auto & Truck Manufacturers Industry # 3
Consumer Discretionary Sector # 40
Within the Market # 5


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




Companies with similar Tangible Leverage Ratio in the quarter ending Mar 31 2024, within EV, Auto & Truck Manufacturers Industry Tangible Leverage RatioMar 31 2024 MRQ Total LiabilitiesMar 31 2024 MRQ Tangible Equity
Toyota Motor Corp  1.56 $ 341,772.285  Millions$ 219,477.691  Millions
Federal Signal Corporation  1.46 $ 538.200  Millions$ 369.600  Millions
Shyft Group Inc   1.37 $ 210.091  Millions$ 153.546  Millions
Mullen Automotive Inc   1.34 $ 119.032  Millions$ 88.602  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
Rivian Automotive Inc   0.86 $ 6,956.000  Millions$ 8,069.000  Millions
Tesla Inc   0.69 $ 44,119.000  Millions$ 63,957.000  Millions
Workhorse Group Inc   0.69 $ 46.446  Millions$ 67.424  Millions
Nikola Corporation  0.68 $ 340.461  Millions$ 497.027  Millions
Cenntro Inc   0.19 $ 20.215  Millions$ 105.679  Millions

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



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