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Tesla Inc.'s total assets reached USD 34,309 mil at the end of 2019, up 15.4% compared to the previous year.
Current assets amounted to USD 12,103 mil, or 35.3% of total assets while cash stood at USD 6,268 mil at the end of 2019.
By contrast, total debt reached USD 13,419 mil at the year-end, or 39.1% of total assets, while the firm's equity amounted to USD 6,618 mil. As a result, net debt stood at USD 7,151 mil at the end of 2019 and accounted for 108% of equity.
Net debt against equity is up 24.3 pp from five years ago (83.8%). The ratio against EBITDA decreased from 16.9x seen in 2014 to 2.99x.
The company’s cost of funding amounted to 5.04% in 2019, up 0.154 pp compared to the average over the last 5 years.
You can see all the company’s data at Tesla Inc. profile, or you can download a report on the company in the report section.
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