Tesla Inc Debt To Total Asset

Tesla Inc annual debt to total asset was $0.51 in fiscal year 2021. The annual debt to total asset Decreased $-0.06 from $0.57 (in 2020) to $0.51 (in 2021).
This Decreased represents a debt to total asset growth of -10.40% Billion year over year.

Tesla Inc quarterly debt to total asset was $0.41 in the quarter ending in Dec 23. The quarterly debt to total asset Decreased $-0.04 from $0.46 (in Dec 22) to $0.41 (in Dec 23).
This Decreased represents a debt to total asset growth of -9.74% year over year.

In the last 5 years from 2017 to 2021 :

Highest debt to total asset of Tesla Inc was $0.85 in fiscal year 2017
Lowest debt to total asset of Tesla Inc was $0.51 in fiscal year 2021
Average debt to total asset of Tesla Inc was $0.72

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Definition of Debt To Total Asset :
Debt-to-Total Asset is a leverage ratio that indicates the amount of debt of a business against its assets. For more details on Debt To Total Asset, examples and formulas, refer to our glossary.

Tesla Inc: Debt to total asset

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Tesla Inc : Debt to total asset Details

2021

Tesla Inc annual debt to total asset was $0.51 in fiscal year 2021.
Tesla Inc quarterly debt to total asset was $0.57 (Mar) , $0.55 (Jun) , $0.53 (Sep) , and $0.51 (Dec) in fiscal year 2021.

2020

Tesla Inc annual debt to total asset was $0.57 in fiscal year 2020.
Tesla Inc quarterly debt to total asset was $0.75 (Mar) , $0.74 (Jun) , $0.65 (Sep) , and $0.57 (Dec) in fiscal year 2020.

2019

Tesla Inc annual debt to total asset was $0.81 in fiscal year 2019.
Tesla Inc quarterly debt to total asset was $0.84 (Mar) , $0.82 (Jun) , $0.82 (Sep) , and $0.81 (Dec) in fiscal year 2019.

Tesla Inc : Debt To Total Asset (year over year growth)

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Tesla Inc : Debt To Total Asset (Year Over Year Growth) Details

2021

Tesla Inc annual debt to total asset Decreased -10.40% during fiscal year 2021 compared to 2020.
This represents an Decreased in debt to total asset of -$0.06 from $0.51 (in 2021) to $0.57 (in 2020).

2020

Tesla Inc annual debt to total asset Decreased -28.91% during fiscal year 2020 compared to 2019.
This represents an Decreased in debt to total asset of -$0.23 from $0.57 (in 2020) to $0.81 (in 2019).

Tesla Inc : Debt to total asset - Annual (Tabular)

Period	Debt to total asset	Y/Y Growth
2021	$0.51	-10.40%
2020	$0.57	-28.91%

Tesla Inc : Debt to total asset - Quarterly (Tabular)

Period	Debt to total asset	Y/Y Growth
Dec 23	$0.41	-9.74%
Sep 23	$0.43	-7.25%
Jun 23	$0.44	-7.14%
Mar 23	$0.45	-7.70%
Dec 22	$0.46	-11.09%
Sep 22	$0.46	-12.72%
Jun 22	$0.47	-14.75%
Mar 22	$0.48	-14.44%
Dec 21	$0.51	-10.40%
Sep 21	$0.53	-18.01%
Jun 21	$0.55	-25.81%
Mar 21	$0.57	-24.98%
Dec 20	$0.57	-28.91%
Sep 20	$0.65	-20.43%
Jun 20	$0.74	-9.64%
Mar 20	$0.75	-10.34%
Dec 19	$0.81	-3.28%
Sep 19	$0.82	-3.56%
Jun 19	$0.82	-4.58%
Mar 19	$0.84	+0.47%