Tesla Inc.'s net debt reached USD 8,005 mil and accounted for 1.33 of equity at the end of third quarter of 2019. The ratio is down 32.2% when compared to the same period a year ago.
Historically, the firm’s net debt to equity reached an all time high of 2.40 in 2Q2018 and an all time low of 0.157 in 3Q2016.
When compared to EBITDA, net debt amounted to 3.78x at the end of the period. The ratio reached an all time high of 1,560 in 4Q2017 and an all time low of -27.4 in 1Q2018.