Bear Stearns. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Examples might be simplified to improve reading and basic understanding. At a figure of roughly $4 billion in both operating and finance leases reported in fiscal 2Q 2022, Teslas lease obligation was larger than the size of the companys total debt level. The plots illustrate the impact that leases have on Teslas debt. The fund is managed by Anil Bamboli, Priya Ranjan. GM Trucks and SUVs Sales Capitalized interest: Fords 2020 gross revenues totaled just over $127 billion, which Statista noted represented a decline of 22% year on year. As of 2022 2Q, Teslas total debt or total unpaid principal balance stood at a new-low of $3 billion. Short-term debt is separated from long-term debt, which consists of debt obligations a company has whose repayment period extends more than 12 months into the future. Tesla long term debt for the quarter ending September 30, 2022 was $2.096B, a 67.44% decline year-over-year. The table shows only the unpaid principal balance which refers to the par value or maturity value of the bond or debt instruments in which Tesla will pay off when the due dates come. All the way to the right of the table lies the total debt figures that add up all the individual debts. In Teslas quarterly and annual filings, Tesla disclosed all debt obligations, both current and long term, in a table as shown below. On another note, Im including the market caps for each of the companies as they are today (July 19 as Im writing this). According to the Teslas most recent financial statement as reported on July 28, 2020, total debt is at $14.10 billion, with $10.42 billion in long-term debt and $3.68 billion in current debt. Similarly, Teslas net debt hit its peak figure at about $11 billion recorded in 2019 Q1. Keeping this in mind, Tesla is literally pouring all of its extra money into its growth. All currency related amount are indicated in the company's associated stock exchange currency. 2. View and export this data going back to 2010. Total debt equals current debt plus long-term debt minus cash equivalents. In the chart above, there are two plots and they represent total debt and total debt with lease obligations included. Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Generally speaking, a debt-ratio more than one means that a large portion of debt is funded by assets. Some of Teslas contractual obligations involve mandatory purchase obligations which obligate the company to purchase a certain amount of raw materials, components and services from suppliers and third parties. At the time the company was hemorrhaging cash as it ramped up its . Biggest Companies Most Profitable Best Performing Worst Performing 52-Week Highs 52-Week Lows Biggest Daily Gainers Biggest Daily Losers Most Active Today Best Growth Stocks. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Tesla Inc $0 +0% TSLA Short Term Debt Last 4Q Chart TSLA 2022-09-30 2022-06-30 2022-03-31 2021-12-31 0 Tesla Inc (TSLA) FinanceCharts.com Tesla Quarterly Short Term Debt History Tesla Short Term Debt Historical Data What is the short term debt for Tesla Inc (TSLA)? The content produced by this site is for entertainment purposes only. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Debt To Revenue Ratio Prior to the ongoing Russo-Ukrainian War, it was the eighth-most populous country in Europe, with a . Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. Here's our best guess at the top 6 disappointments over the next two years: 1) Tesla may need to raise more money. Teslas largest debt went to the Automotive Asset-Backed Notes which amounted to a staggering $2.2 billion USD as of fiscal 2022 Q2. This investment adviser does not provide advice to individual investors. Long-term debt: portion of a companys debt which is due in more than 1 year. The decreasing ratio means that Teslas revenue growth has been far outpacing its debt growth. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. When the debt comes due, Tesla is required to settle the unpaid principal amount instead of the carrying value since thats the amount that the company owes to creditors. Impact Of Leases On Debt Does Teslas Solar Sales Grow Comparatively As Its Automotive? Total Debt Benzinga does not provide investment advice. Of all debts mentioned in the table above, some of them will be due in 2022. To show that, I have created a chart below that shows Teslas debt levels and the effect of leases on debt. She also gardens, collects interesting minerals and can be found on TikTok. Most analysts look at Teslas financial data from years past while trying to predict its future but dont take into consideration many outside factors. Net Debt According to the chart, both Teslas automotive and SolarCitys debt portions have started to decline after reaching their respective peak figures. You can manage your stock email alerts here. This is found in a company's current liabilities on its balance sheet. * Debt data are obtained from the prior charts while lease data are obtained from Teslas quarterly and annual financial reports. Read full definition. Its 2020 gross margin was 21%. CleanTechnica Reader Survey Win An eBike! Over the years, Tesla has slowly paid off not only its own debt but also its solar-related debt. The table above keeps track of all of Teslas debt components and shows how each individual debt changes from quarter to quarter. Is Teslas $3 billion debt a cause for concern? References and examples such as tables, charts and diagrams are constantly reviewed to avoid errors, but we cannot warrant the full correctness of all content. This investment adviser does not provide advice to individual investors. Teslas Tangible Assets Have Been On A Rise, What It Means For Investors? Complete our 2022 CleanTechnica reader survey for a chance to win an electric bike. * Ratio is calculated by the author based on Teslas debt and TTM revenue data computed earlier. Johnna owns less than one share of $TSLA currently and supports Tesla's mission. * Net debt figures are calculated by the author based on Teslas total debt and cash on hand obtained from the companys financial reports. Start Now! This gives investors an idea of how much money the company needs to pay down for the principle of its debt. TSLA: Tesla, Inc. Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. Individual Debt I was recently given some detailed research by Daryl Elliott, who discovered that Tesla has less debt than Ford or GM. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. Tweet This ADVERTISEMENT As the debt-ratio increases, so the does the risk of defaulting on loans, if interest rates were to increase. Battery Storage Capacity To Increase Significantly By 2025, 1 Million European Homes Now Powered By Solar Batteries, Vehicle-To-Grid Solutions Could Open Fast Lane To Net-Zero Future, From Hyundai Kona EV to Tesla Model Y Standard Range, USAs 1st Vehicle-To-Grid Export Rate For Commercial Electric Vehicles, Shyft Group Shows Off Its Blue Arc Electric Last Mile Delivery Vehicle To Customers, Volvo EX90 Will Feature App-Based AC & DC Bi-Directional Charging, Electrifying Federal Buildings & Cutting Pollution New Steps By Biden-Harris Admin, Heat Pumps On Fire Globally As In, Getting Much More Popular, Biden & Harris: Heres $80 Million for Energy Upgrades in Public Schools, Open Your Eyes: Battery Electric Cars, Bikes, Tools, & Toys Everywhere Life In An All-Electric Future (Part 1), How Green Schools Can Help Save Our Planet. Tesla's short term debt coverage ratio for fiscal years ending December 2017 to 2021 averaged 2.0x. Our products meets new consumer behaviours and the expectations of our partners. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. Note (SC) 8/2018 $100M Term Loan (SC) 12/2018 $157M Click to expand. Since then, Teslas debt has declined and reached $3 billion or $7 billion with leases included as of Q2 2022. The historical data trend for Tesla's Short-Term Debt & Capital Lease Obligation can be seen below: * For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. Year-to-date, TSLA has declined -3.55%, versus a 15.22% rise in the benchmark S&P 500 index during the same period. Before we understand the importance of debt, let us look at how much debt Tesla has. The Automotive Asset-Backed Notes will be due on multiple datelines, with the earliest due date being fixed on September 2022. Short selling TSLA is an investing strategy that aims to generate trading profit from Tesla as its price is falling. Yahoo! TESLA MOTORS INC's highest debt to equity ratio was 3.25 during the year 2014 (Note that the time frame of data in this report culminates in 2021). Reportedly, banks are considering providing him with new margin loans, backed by Tesla's stock, to replace some of the high-interest debt on his Twitter deal. The Automotive Asset-Backed Notes have been rising significantly since 4Q20 when Tesla issued billions of dollars in debt to pay off other debt such as the Warehouse Agreement. Again, this trend bodes well for Tesla and its shareholders. From the chart, Teslas total assets seem to be trending higher whereas the debt has remained flat and even declined in recent quarters. Stocks . Benzinga noted that Fords financial statement released on April 29, 2021, showed that its long-term debt is at $103.20 billion and current debt is at $49.47 billion, with a total debt of $152.67 billion. Search for company or ETF. Total Long Term Debt is the current and non-current portion of debt that a company holds. A higher number means . Amount of the cost of borrowed funds accounted for as interest expense for debt. Tesla Crucial Infrastructure Adjusting for $8.62 billion in cash-equivalents, the company has a net debt of $5.48 billion. Keep in mind that the unpaid principal amount can also fluctuate from quarter to quarter, depending on whether Tesla has paid down the debt or drawn on more debt. Just ask General Electric. Montrouge, 8 December 2020Consumer finance at Credit Agricole:a modern, profitable and high-potential business"Between 2014 and 2019 we have built a robust and highly socially cohesive company, with a strong customer base, solid and diversified partnerships and modern tools and processes. And thats not all. Investors who are keen to buy Teslas stock must look into the companys debt obligations and see if the company has been loaded with an increasing debt level. 4) There may be a need for another factory to grow annual production above ~600k vehicles. Debt Breakdown: Tesla vs SolarCity Tesla long term debt for 2021 was $5.245B, a 45.4% decline from 2020. How Do Teslas Sales Look In China And Europe? Teslas net debt is the difference between its total debt and cash on hand. Please click on the following links to see related term pages. Other than the Automotive Asset Backed Notes, there is really no other debt that will be due in 2022 since Tesla has paid off most debts. Price Convert (SC) 11/2018 $230M $560.6 Convert (TM) 3/2019 $920M $359.8 Type Maturity Size Prom. In 2020, Teslas gross revenue was $31.5 billion and its net revenue was $721 million. Please click on the following links to see related term pages. Please enter Portfolio Name for new portfolio. Gurus may be added or dropped from the GuruFocus site at any time. . Disclaimers: GuruFocus.com is not operated by a broker or a dealer. Tesla did not report meaningful short-term debt issued for the latest twelve months ending June 30, 2022 on its cash flow statement. Other than the interest expense, has Teslas debt been on the rise? Tesla's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $3,991 Mil. It's either paid within the current fiscal year of a business or within the next 12-month period. For now and for the sake of the article, Ill use what I have and paint a rough sketch. Copyright 2022 CleanTechnica. Adjusting for $19.99 billion in cash equivalents, GM has a net debt of $89.90 billion. Here is a snapshot extracted from Teslas 2021 annual filing that shows the companys leases obligation: My expectation is that leases will significantly increase Teslas total debt amount. Past performance is a poor indicator of future performance. TSLA has been successfully added to your Stock Email Alerts list. As we go deeper into the decade and eventually look back to this point just past the entrance I think we will see just how far Tesla is able to go and how fast it truly is growing. In other words, Tesla has been using less debt to grow. Also, Teslas revenue and assets growth with respect to debt has shown that Tesla has relied less on debt to fuel its growth. Tesla Spends More Than $1 Billion Every Quarter On R&D and SG&A. In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc. These metrics cover nearly everything about Teslas debt that you need to know as an investor. 2) Tesla may miss on production targets by a quarter or two. Complete our 2022 CleanTechnica reader survey for a chance to win an electric bike. In short, this trend reveals a compelling reason for Teslas shareholders to hold on to the shares. When you compare the data for a company that is new and growing at incredible speeds to data from two other companies in the same field that have at least 100 years on the new company, it shows that Tesla is conserving its funds for growth and operations while the other two are having to spend billions on paying back debts. Tesla Inc. interest expense increased from 2019 to 2020 but then decreased significantly from 2020 to 2021. Short sellers are betting that a stock will decline . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. All Rights Reserved. TSLA shares are trading up $5.61 today. The amount of debt has increased by a large margin. Current debt: portion of a companys debt which is due within 1 year, Net debt: determines how well a company can pay all of its debts if they were due immediately. However, with invoice factoring you usually get access to other services. 1. As of July 22, 2021 (before opening), Teslas market cap was $631.26 billion, making it the 9th most valuable company by market cap. Buy all data for Tesla Inc.. from $199/month. For other debt instruments such as revolving credit facilities, the unpaid principal balance refers to the amortized figures. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Tesla Inc Fords 2020 net revenues EBIT were $2.8 billion and its 2020 gross margin were 11.3%. andrewt3000, ValueAnalyst and GSP bdy0627 For debts that have been extinguished, they will no longer be shown in the table. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital. TSLA shares were trading at $680.65 per share on Tuesday morning, down $8.07 (-1.17%). 1. Get Started. In subsequent quarters, Teslas net debt turned negative, implying that its total cash was greater than its debt. Should You Buy Fractional Shares of Tesla Before the Potential Stock Spilt? With knowledge of the cost of a full hedge of its converts, we can calculate the debt cost to Tesla.. Should You Invest in Tesla Before the Stock Split? In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Instead, Tesla has used equity and cash leftover, if there is any, to expand. The contractual interest rates basically refer to the interest rates of the issued debt whereas the maturity date or debt due date refers to the date when the debt comes due. In addition to that, its had a record 2021. Float Percentage Of Total Shares Outstanding, Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, Myriad Asset Management Ltd. Buys Tesla Inc, Mirion Technologies Inc, Enphase Energy Inc, Sells Lyft Inc, Meta Platforms Inc, Alphabet Inc. Long-term debt of Tesla Inc includes liability that must be paid off in more than a year. As of 2022 Q2, Teslas automotive debt totaled only $2.3 billion while the debt associated with SolarCity totaled even less, at only $0.9 billion in the same quarter. Should You Invest in Tesla Before the Stock Split? This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Ratio between above two values = (Total Debt / Total Shareholder Equity) = 0.14. Teslas Services Revenue And Gross Margin. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. His favorite Wells Fargo has 57 cents short term debt for every dollar of long term, Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term. Only PremiumPlus Member can access this feature. In February 2021, Benzinga published an overview of Teslas debt, citing a balance sheet published on February 8, 2021. The content in this article is for informational purposes only and is neither a recommendation nor a piece of financial advice to purchase a stock. His favorite Wells Fargo has 57 cents short term debt for every dollar of long term, Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term. B MILL VALLEY CA 94941, 1-2-33-A504, KOMAZAWA SETAGAYA TOKYO M0 154-0012, C/O DELPHI ASSET MGMT CORPORATION 5525 KIETZKE LANE, SUITE 200 RENO NV 89511, SEAGATE TECHNOLOGY 920 DISC DRIVE SCOTTS VALLEY CA 95066, C/O LUPA SYSTEMS 363 LAFAYETTE STREET NEW YORK NY 10022, 915 DEGUIGNE DRIVE PO BOX 3453 SUNNYVALE CA 94088-3453. Click here to learn more. Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. March 1, 2021 marks a historic day for Tesla. All rights reserved. According to the Tesla's most recent balance sheet as reported on February 8, 2021, total debt is at $11.69 billion, with $9.56 billion in long-term debt and $2.13 billion in current debt . Stock quotes provided by InterActive Data. Disclosure and trend analysis of Tesla long-term and short-term debt. Tesla has $38.13 billion in total assets, therefore making the debt-ratio 0.37. Tesla, Inc. Common Stock (TSLA) Nasdaq Listed Nasdaq 100 0 Add to Watchlist Add to Portfolio Quotes Summary Real-Time After-Hours Pre-Market Charts NEWS & ANALYSIS News Press Releases Analyst. Tesla's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $1,883 Mil. Keep in mind that the leases represent both operating and finance leases and they include the principal as well as the interest portion that Tesla must settle before the end of the lease terms. 3. Buy annual subscriptions for all our products. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. This amount is a huge sum and contributes a big liability to the company. Its gross revenue for 2020 was $122 billion and its net revenues earnings before interest and taxes (EBIT) were $9.7 billion. Its gross margin was 11.2%. This opposing trend suggests that Tesla has no longer used debt to build its assets. Featured images in this article are used under the creative commons license and sourced from the following websites: Bill Dickinson and Maurizio Pesce. Musk's tweet only drove away less. This type of debt applies to things like lines of credit or short-term term bonds. 13. Using equity to raise capital is less expensive and risky compared to debt when Teslas stock price hits record highs. Thank you for viewing the detailed overview of Tesla's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Tesla Target Price vs. Debt to Equity. Buy Short-Term Debt data for Tesla Inc.. $19.99. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Tesla (TSLA) Short-Term Debt & Capital Lease Obligation Get Your 7-Day Free Trial! After the purchase in 2015 of Direct TV and the acquisition of Time Warner in 2018, the telecommunications giant was left with a net debt in the neighborhood of $180 billion and the not-so-coveted title of most indebted company in the world. A New Platinum Mine In Zimbabwe Is Getting 30 MW Solar PV From The Get-Go! For example, the 2024 notes will be due in May 2024 as stated at the header of the table. Teslas 3rd largest debt went to Cash Equity Debt and totaled as much as $0.4 billion USD as of Q2 2022. Get comparison charts for tons of financial metrics! In isolation, the ETF is undervalued, with a price-to-book ratio worth 1.93x and a price-to-earnings ratio of 13.3x. Total Long Term Debt (Quarterly) Range, Past 5 Years 2.397B Minimum Sep 2022 12.61B Tesla (TSLA) Receives a Rating Update from a Top Analyst, General Motors (GM) to Roll Out 1st Canadian EV Plant in Ontario, 3 Reasons Why You Should Buy Amazon Pre-Split, Zacks.com featured highlights include Sanderson Farms, BBQ Holdings, and Tesla, Earn affiliate commissions by embedding GuruFocus Charts, C/O TESLA MOTORS, INC. 3500 DEER CREEK ROAD PALO ALTO CA 94304, 100 SHORELINE HWY SUITE 282, BLDG. When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt. Tesla's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $1,883 Mil. * Debt breakdown data is obtained from Teslas quarterly and annual financial reports. Summary. These are observed on a company's balance sheet under the liabilities section. 2004-2022 GuruFocus.com, LLC. This fund is suitable to keep your money safe. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Copyright 2013-2022 by Stock Dividend Screener. Top 3 Largest Debt TSLA | Tesla Inc. There are multiple columns specified in the above table such as Net Carrying Value, Unpaid Principal Balance, Unused Committed Amount, Contractual Interest Rates and Contractual Maturity Date. Maintain a separate notebook which contains the list of the persons who On top of that, the fund has an expense ratio that is 57.78% lower than its . * Total debt figures are calculated by the author based on Teslas total unpaid principal balances. In April of this year, I wrote an article detailing that Tesla was growing so fast that it was leaving a few analysts lost. Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. View and export this data going back to 2010. The Unpaid Principal Balance will be the main subject of our discussion in this article. Aside from the individual debt figure, the debt due date or maturity date is also explicitly stated at the header of the table. The earliest date that the Cash Equity Debt will be due is on July 2033. Teslas 2nd largest debt went to the Solar Asset-Backed Notes which totaled as much as $0.5 billion USD as of 2Q 2022. Given that we are mere days away from Teslas Q2 earnings call, those numbers are likely to change. Looking for stocks with low debt-to-equity ratios? Stock quotes provided by InterActive Data. HDFC Short Term Debt Fund -Direct Plan - Growth Option is a debt fund. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital. Thinking about trading options or stock in Occidental Petroleum, Tesla, General Mills, Callon Petroleum, or Wayfair? Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Starting Jan 1, 2019, Tesla has adopted the accounting requirement for the lessee to recognize all leases (operating and finance) on the balance sheets. Complete our 2022 CleanTechnica reader survey for a chance to win an electric bike. Past performance is a poor indicator of future performance. Teslas debt obligation has been a hot topic, not just among investors but also among creditors who are concerned about the companys financial health. The Sheer Size of Tesla Charging Infrastructure. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. These purchase obligations contribute a huge liability to Tesla as shown in the following snapshot. This may work for most companies, but not so much for Tesla. How Do You Charge An Electric Car At Home? According to the Tesla's most recent financial statement as reported on July 28, 2020, total debt is at $14.10 billion, with $10.42 billion in long-term debt and $3.68 billion in current. RWQ Financial Management Services, Inc. Buys Ford Motor Co, General Motors Co, Ares Capital Corp, Sells Boeing Co, Airbnb Inc, NVIDIA Corp, Canada Pension Plan Investment Board Buys Informatica Inc, Civitas Resources Inc, Civitas Resources Inc, Sells IHS Markit, Alibaba Group Holding, Johnson & Johnson, Marsico Capital Management Llc Buys Tesla Inc, Airbnb Inc, S&P Global Inc, Sells Visa Inc, The Walt Disney Co, American Express Co, Fisher Investments Explains Why Stock Splits Are More Noise Than News. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Based on Tesla's financial statement as of April 30, 2020, long-term debt is at $10.67 billion and current debt is at $3.22 billion, amounting to $13.88 billion in total debt. The short term debt for TSLA stock is $0.00 as of 9/30/2022. It can also be common to refer to short-term debts as current liabilities. Montrouge, 8 December 2020Consumer finance at Credit Agricole:a modern, profitable and high-potential business"Between 2014 and 2019 we have built a robust and highly socially cohesive company . The Company's quarterly Debt to Equity Ratio (D/E ratio) is Total Long Term Debt divided by total shareholder equity. Tesla long term debt for 2019 was $11.634B, a 23.71% increase from 2018. It's the day in which holders of Tesla's convertible bonds issued back in 2014 will convert those bonds into shares, realizing whopping gains of . Banks have been forced to fund the entire debt package with their own cash after a deterioration in credit markets and a tumultuous start to Musk's reign at Twitter made the debt difficult to syndicate to institutional investors. When analyzing Tesla, one needs to look at the company through both a standard financial lens and that of the its mission while taking into consideration that Tesla is in its growth stage. B MILL VALLEY CA 94941, 1-2-33-A504, KOMAZAWA SETAGAYA TOKYO M0 154-0012, C/O DELPHI ASSET MGMT CORPORATION 5525 KIETZKE LANE, SUITE 200 RENO NV 89511, SEAGATE TECHNOLOGY 920 DISC DRIVE SCOTTS VALLEY CA 95066, C/O LUPA SYSTEMS 363 LAFAYETTE STREET NEW YORK NY 10022, 915 DEGUIGNE DRIVE PO BOX 3453 SUNNYVALE CA 94088-3453. "Stocks may move in ways that are decoupled from their long-term potential," he added. Interest coverage ratio based on capitalized interest. AFP/Getty Images. Thank you for viewing the detailed overview of Tesla's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Tesla has a very small debt compared to the size of its business, much due to that Tesla was able to buy the Fremont factory at fire sale prices. Sorry. This chart is similar to the previous revenue vs debt chart. This feature is only available for Premium Members, please sign up for. As of Dec. 31, 2021, Tesla reported total liabilities of $30.5 billion. All Rights Reserved. Additionally, you may notice from the chart that the impact of leases on Teslas debt is getting more significant in recent years as shown by the widening gap between the 2 plots. and payables could go from being a short-term financing mechanism that . The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. GM Global Sales & Market Share Ultra Thin Printed Solar Cells From MIT Can Electrify Everything (With Video), Erthos Redefines The Meaning Of Ground Mount Solar (With Video). How Many Mobile Service Vehicle Does Tesla Have? TSLA has been removed from your Stock Email Alerts list. MASSIVE Electric Bike Buyers Guide All the Biggest Brands & Models, NIO ES8 The Chinese Electric SUV Outselling The Tesla Model X, Nukes, Renewables, and the Union of Concerned Scientists, Reality Check Correcting the Cleantech Record, Solar Panel Installers Top Solar Panel Installers & How To Evaluate Them, Switching to an Electric Fleet Learn About Charging, Payments, & More, CleanTechnica Member, Supporter, Technician, or Ambassador. * Teslas cash on hand consists of cash & cash equivalents and the current portion of restricted cash but excludes liquidity from bitcoins. USA .. Stock . If the debt is rising but revenue is sinking, should investors be concerned? Advertise with CleanTechnica to get your company in front of millions of monthly readers. Compare the short term debt of Tesla TSLA, Alphabet GOOGL and Taiwan Semiconductor Manufacturing TSM. Different industries have different thresholds of tolerance for debt-ratios. Ford Vehicle Deliveries are to be billed and for what goods and what amount they have to be billed. GM Vehicle Deliveries This trend is expected as Teslas stock price has been surging lately. TSLA U.S.: Nasdaq Tesla Inc. Watch list Create TSLA Alert Open Last Updated: Dec 8, 2022 9:34 a.m. EST Real time quote $ 172.01 -2.03 -1.17% Previous Close $174.04 Advanced Charting Volume: 1.59M. When adjusting for $21.83 billion in cash equivalents, Fords net debt is at $130.83 billion. The best part is that the negative figure has been on an increase as shown in the chart, meaning that the company has been having a rising amount of cash. This trend shows that Tesla has relied less on debt to fuel its revenue growth. It reinforces the idea of Teslas growing revenue with respect to debt. It's "generally wise" to avoid using margin loans on any company when there are macroeconomic risks, Tesla CEO Elon Musk tweeted. As of 2022 2Q, Teslas net debt stood at -$11 billion, illustrating that the company had significantly more cash than debt. Tesla (TSLA) Total Long Term Debt (Quarterly) - Zacks.com Tesla (TSLA) (Delayed Data from NSDQ) $194.86 USD +0.16 (0.08%) Updated Dec 2, 2022 04:00 PM ET After-Market: $194.55 -0.31 (-0.16%). Teslas Cash And Bitcoins Holdings Surge To New Highs. Global deliveries in 2021 were a little over 936,000 units. Get comparison charts for tons of financial metrics! Prior to 2020, both Teslas assets and debt had trended in the same direction and that was up. * A decreasing ratio indicates better results. Watch: Tesla Semis 500-Mile Drive On One Charge, Lectron Tesla-to-J1772 48-Amp Adapter Review, Lectron To Provide Tesla/NACS Connector & EVSE For Aptera, Trying Out Phillips 66 & Freewires First EV Charging Station, Mercedes-Benz eVito Review 1st Impressions, The Bolt EUVs (& Many Other Cars) Secret Cell Phone Super-Antenna, Germanys EVs Near 40% Share Tesla Model 3 Bestseller, UK Plugin EVs Take 27.7% Share Tesla Model Y Bestseller. The tables below summarizes Tesla's Short-Term Debt Issued and common size over the last five years: The tables below summarizes Tesla's Short-Term Debt Issued and common size over the last four quarters: Tesla Vehicle Deliveries Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. A debt ratio of 40% might be higher for one industry and average for another. The reason for the growing lease obligations can be attributed to Teslas massive expansion in recent years which has driven the need for more factories and offices. Therefore, Teslas investors should be glad knowing that the firm is using less debt for expansion. While using this site, you agree to have read and accepted our terms of use, cookie and privacy policy. Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Thinking about trading options or stock in Tesla, Northrop Grumman, JinkoSolar, Kohl's, or CF Industries? The Solar Asset-Backed Notes is similar to the Automotive Asset-Backed Notes in which leased assets such as the leased solar energy generation systems are being used to repay the debt. Sorry. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Please enter Portfolio Name for new portfolio. Based on the numbers, Teslas total debt, including current and long-term portions as well as the expected interest expenses, made up about 23% of the companys total liability as of fiscal 2Q 2022. Thereafter, Teslas total debt started to decline and reached only $3 billion as of 2Q 2022, the lowest level the company has ever reported since 2016. For example, back in 2015 and 2016, the impact of leases was rather minimal, only 10% of total debt. At a record stock price, Tesla can issue far fewer common stocks to raise the same amount of capital compared to when the stock price is low. * Teslas fiscal year begins on Jan 1 and ends on Dec 31. TSLA has been removed from your Stock Email Alerts list. Only PremiumPlus Member can access this feature. A rising debt level can lead to a rising interest expense for Tesla. How Much Money Has Ford Spent On Research and Development? Tesla long term debt for 2020 was $9.607B, a 17.42% decline from 2019. 11. Financial figures in all charts and tables on this webpage were obtained and referenced from Teslas quarterly and annual filings which are available in Tesla Investor Relations. (Surprise Video), Flameproofing Lithium-Ion Batteries With Salt, EV Batteries Just Keep Getting Better & Better, U.S. As of July 22 (pre-market opening), Fords market cap was at $55.64 billion, making it the 344th most valuable company by market cap. 2. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. As such, there will be both assets and liabilities for leases to appear in the balance sheets from Jan 1, 2019. Tesla's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $3,991 Mil. Thereafter, Teslas net debt has been going downhill and totaled only $1 billion in 2020 3Q, the last quarter that saw a positive number. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. Though the hedge fund operator says the Tesla position wasn't a bad trade for much of the four years he's shorted the stock, since Tesla's stock largely traded sideways while the market soared,. Is Tesla Spending More On R&D Compared To Ford? Current Portion debt are obligations of a company lasting shorter than a year. Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. 4. Tesla has raised $13.4 billion in debt and finance leases, and billions more from the sale of shares to fund operations. Tesla's recent debt issuance shows the bond market's low opinion on its credit quality. Is Trending Stock Tesla, Inc. (TSLA) a Buy Now? Debt Definition Compare TSLA With Other Stocks $1.99. 6. From the chart, Teslas total debt hit its peak figure at $13 billion recorded in 2Q 2020. 9. Unfortunately, some of these contractual obligations are off-balance sheet items, especially for the purchase obligations in which the amounts are mainly based on estimation. Based on the numbers, Tesla's total debt, including current and long-term portions as well as the expected interest expenses, made up about 23% of the company's total liability as of fiscal 2Q 2022. . Cash-equivalents: include cash and any liquid securities with maturity periods of 90 days or less. Trade Deficit for February Almost Held Constant. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Nevertheless, some of these items are worth mentioning. Floating Offshore Wind Lease Sale Lands $757 Million in Winning Bids, Equinor Secures First West Coast Offshore Wind Leases, Texas Will Have More Electricity From Renewables Than Natural Gas Next Year, Says EIA Report, Joe Bidens Executive Order on Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability, New Clean Energy Workforce Training Program From Biden-Harris Admin, Dandelion Energy Ready To Expand Ground Source Heat Pumps. * Debt data are obtained from prior chart while revenue are presented on a TTM basis. Teslas net debt plunged to negative numbers in 4Q 2020, indicating that Tesla has more cash than debt on hand. Tesla debt/equity for the three months ending September 30, 2022 was 0.05. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. All currency related amount are indicated in the company's associated stock exchange currency. Previously, operating leases were off-balance sheet items in which the asset and liabilities portion of operating leases were not accounted for in the balance sheet. Flickr Image. Gurus may be added or dropped from the GuruFocus site at any time. CleanTechnica Tested: The Generac G2000 Portable Power Station. Tesla Inc. (NASDAQ:TSLA) Analysis of Solvency Ratios Annual Data Quarterly Data Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations. Elon knows Tesla has a healthy amount of $ cash, generating significant free cash flow, solid operating margins, minimal debt, all white the 4 factories are ramping, w/ FSD wide released & Cybertruck about to come. Home Homepage Membership Levels About Us General Discussion Complete Stock List The Book Membership Data Coverage Founder's Message Free Trial FREE Trial Screeners GuruFocus Screeners All-In-One Screener Ben Graham Lost Formula 2 New By the time this is published, those numbers will have changed due to the day-to-day performances of the markets. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Let's define some of the terms we used in the paragraph above. All Stock Screeners . In Q2, it beat that. Similarly, Teslas revenue has been surging whereas its debt levels have remained flat and even declined. However, that was no longer the case after 2019. Tesla Long-term debt: $9.56 billion Current debt: $2.13 billion Total debt: $11.69 billion In February 2021, Benzinga published an overview of Tesla's debt, citing a balance sheet. What Is Short-Term Debt? In fact, Tesla will probably be self-sufficient when it makes larger profits in the future. Debts highlighted in yellow in the header are debts inherited from the SolarCity acquisition. Debt Due in 2021 and 2022 That number also fluctuates due to Teslas performance in the market. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Tesla paid back $15 billion in debt in 2021 for a net debt reduction of $6 billion. Annual Balance Sheet - WSJ DJIA 34429.88 0.10% S&P 500 4071.70 0.12% U.S. 10 Yr 0/32 Yield 3.533% Euro 1.0538 0.05% Subscribe Sign In Tesla Inc. TSLA (U.S.: Nasdaq) search. In that case, neither does Tesla need to borrow nor issue any equity to raise capital to expand. Debt Vs Assets Growth Current and historical debt to equity ratio values for Tesla (TSLA) over the last 10 years. 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'S associated stock exchange currency its assets from Teslas quarterly and annual financial reports registered investment adviser, which as! Debt data for Tesla $ 11.634B, a 17.42 % decline from 2020 security... Its balance sheet this article related term pages implying that its total cash was greater than its debt growth (! Debt equals current debt plus long-term debt & amp ; Capital Lease Obligation your. Of monthly readers % of total debt or total unpaid principal balance stood a. And its net revenue was $ 11.634B, a 23.71 % increase from 2018 been extinguished they... Increased by a broker or a dealer is rising but revenue is sinking, should investors concerned. Has more cash than debt on hand consists of cash & cash,... Pv from the chart above, there are two plots and they represent debt! Comparatively as its price is falling much money has Ford Spent on research and Development company.

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