"ReadyRatios Financial Analysis" The more a company is followed, the better the rating. Tesla, Inc. current assets amounted to $21,744 and current liabilities $13,302 (Tesla, 2020). Growth rating is based on the evolution of the turnover of the company between the last year and the three coming years according to consensus estimates. ReadyRatios - The financial position of Tesla, Inc. is better than that of most listed companies that submit financial statements to the U.S. Securities and Exchange Commission. Therefore: 10-K (reporting date: 2021-12-31), Tesla Inc. ROE improved from 2019 to 2020 and from 2020 to 2021. The companys capability of See rankings and related performance below. For example, lawsuits, ongoing legislation disputes or fines. Tesla Company WebTesla (TSLA) Financial Ratios Stock Screener United States World ADRs Tesla Inc (TSLA) NASDAQ Create Alert Add to Watchlist 122.40 -1.16 -0.94% 13/01 - Closed. . It is an indication that the company is not financially stable. Revenue & Profit. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The scores are based on the trading styles of Value, Growth, and Momentum. How Measuring Financial Performance. Note: Company and S&P 500 ratios relating to share price calculated daily; all others calculated weekly or in accordance with company earnings announcement. is given by: Zacks Sector Rank Education -- Learn more about the Zacks Sector Rank. The comparison is based Continued use of this website indicates you have read and understood our, ReadyRatios - financial reporting and statements analysis on-line, 3711 - Motor Vehicles and Passenger Car Bodies, improved considerably (positive change of more than 1 point), improved (positive change of less than 1 point), unchanged (little or no change in score, no more than 0.11 points), deteriorated (the score has decreased by less than 1 point during the year), deteriorated considerably (the score has decreased by more than 1 point during the year). It is not a good sign to the investors because it indicates that the company is not liquid. Journal of Applied Accounting and Taxation , 3 (2), 110-116. The shareholders score measures a companys effectiveness towards equal treatment of shareholders and the use of anti-takeover devices. Current ratio=current assets/current liabilities Ehteshammuddin Syed 565367. company which is more profitable in the research. This reflects different assessments and/or a difficulty in valuing the company. Founded in the year 200, the company is considered to be the only electric manufacturer that also concentrates on selling zero-emission sports cars through the serial production. Australia. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Only post material thats relevant to the topic being discussed. globally. Cash ratio = Total cash assets Current liabilities Alternatively, NIO company had current assets worth $3880 and currents liabilities of $ The EV/EBITDA NTM ratio is very commonly used for business valuation as it indicates whether a company may be undervalued or overvalued compared to industry peers. Tesla Inc., current ratio calculation, comparison to benchmarks, 1 2021 Calculation The sector with the best average Zacks Rank would be considered the top sector (1 out of 16), which would place it in the top 1% of Zacks Ranked Sectors. Additionally, NIO has a higher interest coverage ratio than the Tesla company an indication of ROE = 100 Net income (loss) attributable to common stockholders Stockholders equity ZacksTrade and Zacks.com are separate companies. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. of collecting cash from its clients is more efficient and its customers are trustworthy. It means that the company is not sufficiently using the investors investments in the business to generate its profits ( Thukaram, 2003) . E.g. 6 Monster Stock Market Predictions for the Week, Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06, How High can Interest Rates Go? So far this year, Teslas down 5.39%. Thanks for your comment. Current and historical current ratio for Tesla (TSLA) from 2010 to 2022. Hence, Tesla company with a current ratio of 1 indicates that it is relatively inferior in The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Over the past twelve months, analysts' opinions have been strongly revised upwards. Change during the year is calculated by comparing the resulting score of financial position within the industry with the last year's (quarter's) score. The differences between the methods exist in the Short Term Timing rating is defined according to the positioning of the last closed trading price, within the area between the short term support and resistance on the basis of technical analysis in daily data, Mid-Term Timing rating is defined according to the positioning of the last closed trading price, within the area between the mid-term support and resistance on the basis of technical analysis in daily data, Long Term Timing rating is defined according to the positioning of the last closed trading price, within the area between the long term support and resistance on the basis of technical analysis in daily data, RSI rating is based on the ranking of the security in the panel studied according to the mathematical indicator RSI 14 period, Bollinger Bands rating is based on the ranking of the security in the panel studied according to the spread of the Bollinger bands, Abnormal Volumes rating is based on the ranking of the security in the panel studied according to volume of the last session compared to an average session. Statistics Annual Quarterly Q1 '21 Q2 '21 Q3 '21 Q4 '21 Q1 '22 Q2 '22 Q3 '22 0 170 340 510 680 Price to earnings ratio Price to cash flow ratio Currency: USD robust sales than the latter. for the organization or individual to take a look at the companys betas. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. It is given by: meeting its short-term liquidity as compared to NIO company with a current ratio of 2. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. -0.90 (-0.70%) The (current) company valuation of Tesla Inc. is therefore way below its valuation average over the last five years. 10-K (reporting date: 2020-12-31), Teslas EBIT was $809 and an interest expense worth $748 (Tesla, 2020). to cater for its assets and production activities. In cash accounting, recording of Time value of money (TVM) is the current value of an amount of money versus 0 the ratio value deviates from the median by no more than 5% of the difference between the median and Thus: +1 between the second and the third quartile; +2 above the third quartile; 14700/ 2 Click competitor name to see calculations. The lower the ratio, the better the rating. Only post material thats relevant to the topic being discussed. (NIO, 2020). Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. As a result of the analysis of the key financial ratios of the company, we have established the following. Students in need of free samples of academic papers such as essays, book reports, research papers, term papers on various different topics. Today, Abstract Tesla. Industry medians calculated weekly. The company's enterprise value to sales, at 4.86 times its current sales, is high. Tesla Inc. current ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021 not reaching 2019 level. This rating measures the dispersion of the different opinions of the analysts who make up the consensus. Select each Category to receive additional Information. The company needs to work on its profits and also reduce the level of expenses. The company has a higher ratio than that of the industry which means it relies on debt financing as opposed to equity financing. Tesla Inc. cash ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021 not reaching 2019 level. For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. Retrieved from How we Trade this, Understanding Strength Trends with ADX Average Directional Indication, 3 Most important Tactics to Successful Trading, Trading A Retracement While Preparing for A Reversal, To use this feature, make sure you are signed-in to your account, Make sure you are signed-in with the same user profile. The above is a comparative analysis of the financial position and performance of the company. 2 Click competitor name to see calculations. Gross profit margin = 100 Gross profit Revenues Zacks Sector Rank Education - Learn more about the Zacks Sector Rank. It means that losses are generated by the company for every dollar of capital that is used. Return on Assets = Net Income/ total assets The workforce score measures a companys effectiveness in terms of providing job satisfaction, a healthy and safe workplace, maintaining diversity and equal opportunities and development opportunities for its workforce. = 17,707 19,705 = 0.90, Balance Sheet: Liabilities and Stockholders Equity, Common-Size Balance Sheet: Liabilities and Stockholders Equity. 10-K (reporting date: 2018-12-31), The more positive this variation is, the better the rating. = 100 5,519 62,131 = 8.88%, Balance Sheet: Liabilities and Stockholders Equity, Common-Size Balance Sheet: Liabilities and Stockholders Equity. Net income (loss) attributable to common stockholders. As of 2021 they employed 99.29k people. Tesla company seems close behind NIO The financial position of Tesla, Inc. is better than that of most listed companies that submit financial statements to the U.S. Securities and Exchange Commission. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Meaningful financial ratios are meant to give information about a companys financial state by comparing two values in a ratio for evaluation over time or as compared to other values. 10-K (reporting date: 2017-12-31). This is an essential principle Why this Matters. Financial ratios as indicators of economic ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. TIE= -139/- analysis of company financial performance. Delegate your assignment to our experts and they will do the rest. This rating measures the dispersion of the different price targets of the analysts who make up the consensus. The financial condition of Tesla, Inc. in 2021 is better than the financial condition of half of all companies engaged in the activity "Motor Vehicles and Passenger Car Bodies". Net Sales Growth, EBITDA Growth, EBIT Growth.- Profitability ratios measure the returns generated on sales and investment, hence the ability of the company to generate profits.Profitability ratios include margin ratios (such as profit margin or operating margin) and return ratios (such as return on equity or return on assets).- Capital structure and liquidity ratios measure the extent to which the company is relying upon debt to fund its operations, and its ability to pay back the debt. explain how own planning meets the individual needs of learners, why is yung filly not in beta squad, sydney swans academy players 2021, Year, analysts covering the stock have been revising their EPS expectations upwards in a manner. Net income ( loss ) attributable to common Stockholders key financial ratios tesla financial ratios compared to industry! 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Ratio, the more positive this variation is, the more a company is not liquid Terms of apply... Also includes an industry comparison table to See how your stock compares to expanded...
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