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Tesla Inc   (TSLA)
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Tesla Inc 's Working Capital Ratio

TSLA's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2024, Working Capital Ratio fell to 1.72 above Tesla Inc average.

Within EV, Auto & Truck Manufacturers industry 6 other companies have achieved higher Working Capital Ratio than Tesla Inc in first quarter 2024. While Working Capital Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 1743 to 1797.

Explain Working Capital Ratio
How much in Current Assets TSLA´s has?
What is the value of TSLA´s Current Liabilities?


TSLA Working Capital 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 Current Liabilities Change 7.35 % 7.63 % 8.24 % 26.45 % 27.88 %
Y / Y Current Assets Change 17.53 % 21.26 % 25.11 % 40.53 % 48.01 %
Working Capital Ratio MRQ 1.72 1.73 1.69 1.59 1.57
TSLA's Total Ranking # 1797 # 1743 # 1773 # 2232 # 2668
Seq. Current Liabilities Change 2.45 % 7.91 % -3.45 % 0.57 % 2.72 %
Seq. Current Assets Change 1.85 % 10.19 % 2.62 % 2.04 % 5.08 %



Working Capital Ratio first quarter 2024 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 7
Consumer Discretionary Sector # 86
Overall Market # 1797


Working Capital Ratio Statistics
High Average Low
2.32 1.36 0.73
(June 30. 2013)   (Jun 30 2018)




Financial Statements
Tesla Inc 's Current Liabilities $ 29,453 Millions Visit TSLA's Balance sheet
Tesla Inc 's Current Assets $ 50,535 Millions Visit TSLA's Balance sheet
Source of TSLA's Sales Visit TSLA's Sales by Geography


Cumulative Tesla Inc 's Working Capital Ratio

TSLA's Working Capital Ratio for the trailling 12 Months

TSLA Working Capital 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 Current Liabilities TTM Growth 7.35 % 7.63 % 8.24 % 26.45 % 27.88 %
Y / Y Current Assets TTM Growth 17.53 % 21.26 % 25.11 % 40.53 % 48.01 %
Working Capital Ratio TTM 1.68 1.64 1.59 1.54 1.5
Total Ranking TTM # 2943 # 2946 # 304 # 159 # 2636
Seq. Current Liabilities TTM Growth 2.45 % 7.91 % -3.45 % 0.57 % 2.72 %
Seq. Current Assets TTM Growth 1.85 % 10.19 % 2.62 % 2.04 % 5.08 %


On the trailing twelve months basis TSLA Current Assets increased by 17.53 % in I Quarter 2024 year on year, faster than Current Liabilities, this led to increase in in Tesla Inc 's Working Capital Ratio to 1.68, above TSLA average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within EV, Auto & Truck Manufacturers industry 12 other companies have achieved higher Working Capital Ratio than Tesla Inc . While Working Capital Ratio overall ranking has improved so far to 2943, from total ranking during the twelve months ending forth quarter 2023 at 2946.

Explain Working Capital Ratio
How much in Current Assets TSLA´s has?
What is the value of TSLA´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the EV, Auto & Truck Manufacturers Industry # 13
Consumer Discretionary Sector # 138
Within the Market # 2943


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.08 1.34 0.78
(June 30. 2014)   (Dec 31 2018)




Companies with similar Working Capital Ratio in the quarter ending Mar 31 2024, within EV, Auto & Truck Manufacturers Industry Working Capital RatioMar 31 2024 MRQ Current AssetsMar 31 2024 MRQ Current Liabilities
Lucid Group Inc   4.70 $ 4,833.997  Millions$ 1,029.171  Millions
Federal Signal Corporation  2.82 $ 595.300  Millions$ 211.000  Millions
Shyft Group Inc   1.95 $ 268.395  Millions$ 137.705  Millions
Tesla Inc   1.72 $ 50,535.000  Millions$ 29,453.000  Millions
Workhorse Group Inc   1.59 $ 65.642  Millions$ 41.399  Millions
Honda Motor Co Ltd   1.43 $ 74,712.504  Millions$ 52,378.655  Millions
Volcon Inc   1.21 $ 15.066  Millions$ 12.480  Millions
Toyota Motor Corp  1.19 $ 216,207.517  Millions$ 181,725.891  Millions
General Motors Company  1.16 $ 106,470.000  Millions$ 91,777.000  Millions
Mullen Automotive Inc   1.06 $ 88.884  Millions$ 83.540  Millions

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



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