Tesla Asset Turnover vs Total Cash From Operating Activities Analysis
TSLA Stock | USD 345.16 12.27 3.69% |
Tesla financial indicator trend analysis is much more than just breaking down Tesla Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tesla Inc is a good investment. Please check the relationship between Tesla Asset Turnover and its Total Cash From Operating Activities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Asset Turnover vs Total Cash From Operating Activities
Asset Turnover vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tesla Inc Asset Turnover account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tesla's Asset Turnover and Total Cash From Operating Activities is 0.77. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Tesla Inc, assuming nothing else is changed. The correlation between historical values of Tesla's Asset Turnover and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Tesla Inc are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Asset Turnover i.e., Tesla's Asset Turnover and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Cash From Operating Activities
Most indicators from Tesla's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tesla Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Tesla's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 55.48, whereas Tax Provision is projected to grow to (4.8 B).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 371M | 191M | 156M | 242.4M | Depreciation And Amortization | 2.9B | 3.5B | 4.7B | 4.9B |
Tesla fundamental ratios Correlations
Click cells to compare fundamentals
Tesla Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tesla fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 34.3B | 52.1B | 62.1B | 82.3B | 106.6B | 111.9B | |
Short Long Term Debt Total | 13.4B | 13.3B | 8.9B | 5.7B | 9.6B | 5.6B | |
Other Current Liab | 3.2B | 2.8B | 5.7B | 5.4B | 6.3B | 6.6B | |
Total Current Liabilities | 10.7B | 14.2B | 19.7B | 26.7B | 28.7B | 30.2B | |
Total Stockholder Equity | 6.6B | 22.2B | 30.2B | 44.7B | 62.6B | 65.8B | |
Property Plant And Equipment Net | 20.2B | 23.4B | 31.2B | 36.6B | 45.1B | 47.4B | |
Current Deferred Revenue | 1.9B | 2.2B | 2.4B | 2.8B | 3.7B | 3.9B | |
Net Debt | 7.2B | (6.1B) | (8.7B) | (10.5B) | (6.8B) | (6.5B) | |
Retained Earnings | (6.1B) | (5.4B) | 331M | 12.9B | 27.9B | 29.3B | |
Accounts Payable | 3.8B | 6.1B | 10.0B | 15.3B | 14.4B | 15.2B | |
Cash | 6.3B | 19.4B | 17.6B | 16.3B | 16.4B | 17.2B | |
Non Current Assets Total | 22.2B | 25.4B | 35.0B | 41.4B | 57.0B | 59.9B | |
Non Currrent Assets Other | 1.5B | 1.5B | 2.1B | 3.9B | 4.5B | 4.8B | |
Cash And Short Term Investments | 6.3B | 19.4B | 17.7B | 22.2B | 29.1B | 30.5B | |
Net Receivables | 1.3B | 1.9B | 1.9B | 3.0B | 3.5B | 3.7B | |
Common Stock Shares Outstanding | 2.7B | 2.9B | 3.1B | 3.5B | 3.5B | 2.5B | |
Liabilities And Stockholders Equity | 34.3B | 52.1B | 61.3B | 82.3B | 106.6B | 111.9B | |
Non Current Liabilities Total | 15.5B | 14.2B | 11.4B | 9.7B | 14.3B | 7.6B | |
Inventory | 3.6B | 4.1B | 5.8B | 12.8B | 13.6B | 14.3B | |
Other Current Assets | 959M | 1.3B | 1.7B | 2.9B | 3.4B | 3.6B | |
Other Stockholder Equity | 12.7B | 27.3B | 29.8B | 32.2B | 34.9B | 36.6B | |
Total Liab | 26.2B | 28.5B | 31.1B | 36.4B | 43.0B | 45.2B | |
Property Plant And Equipment Gross | 20.2B | 23.4B | 31.2B | 36.6B | 58.8B | 61.8B | |
Total Current Assets | 12.1B | 26.7B | 27.1B | 40.9B | 49.6B | 52.1B | |
Accumulated Other Comprehensive Income | (36M) | 363M | 54M | (361M) | (143M) | (135.9M) | |
Short Term Debt | 1.8B | 2.4B | 1.6B | 2.0B | 3.0B | 3.2B | |
Common Stock | 169K | 173K | 1M | 3M | 3.5M | 3.6M | |
Other Liab | 3.0B | 4.6B | 5.6B | 6.0B | 6.9B | 7.2B | |
Other Assets | 1.5B | (3M) | 3.4B | 4.2B | 11.4B | 12.0B | |
Long Term Debt | 11.6B | 9.6B | 4.3B | 1.0B | 2.7B | 4.1B | |
Property Plant Equipment | 20.2B | 12.7B | 31.2B | 36.6B | 42.1B | 44.2B | |
Short Term Investments | 671M | 0.0 | 131M | 5.9B | 12.7B | 13.3B | |
Intangible Assets | 339M | 313M | 1.5B | 399M | 362M | 315.8M | |
Net Tangible Assets | 6.1B | 22.4B | 29.7B | 44.3B | 50.9B | 53.5B | |
Noncontrolling Interest In Consolidated Entity | 997.3M | 834.4M | 850M | 826M | 949.9M | 997.4M | |
Good Will | 198M | 207M | 200M | 194M | 253M | 265.7M | |
Retained Earnings Total Equity | (5.0B) | (5.3B) | (5.4B) | 331M | 297.9M | 312.8M | |
Long Term Debt Total | 11.6B | 9.6B | 5.2B | 1.6B | 1.8B | 1.7B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tesla. If investors know Tesla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.17 | Earnings Share 3.66 | Revenue Per Share 30.457 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0476 |
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tesla's market value can be influenced by many factors that don't directly affect Tesla's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.