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Tesla Inc.'s net debt stood at USD 7,151 mil and accounted for 1.08% of equity at the end of 4Q2019. The ratio is down 0.602 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 2.40% in 2Q2018 and a low of 0.157% in 3Q2016 between 4Q2015 and 4Q2019. The average for the last five years was 1.46%.
Net debt to EBITDA was calculated at 2.99x at the end of the quarter. That is up from x seen in 2014-12-31. The ratio reached a high of 1,560x in 4Q2017 and a low of -27.4x in 1Q2018.
The company’s cost of funding amounted to 4.99% in 4Q2019, down which is above the 5-year of 5.02%. Funding costs have “eaten” some 44.6% of the operating profit generated in 2019.
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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