Follow us for the latest automotive news.
Tesla Inc.'s total assets reached USD 34,309 mil at the end of 4Q2019, 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 4Q2019.
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 4Q2019 and accounted for 1.08% of equity.
Net debt against equity is up 1.08 pp from five years ago (). The ratio against EBITDA increased from x seen in 4Q2014 to 2.99x.
The company’s cost of funding amounted to 4.99% in 4Q2019, down 0.026 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.