Quick Answer: How Much Is Tesla’S 2020 Debt?

What is Tesla’s long term debt?

Total Long Term Debt (Quarterly) Range, Past 5 YearsMinimum2.696BDec 2015Maximum13.42BDec 2019Average9.504B.

Is Tesla overvalued?

However, we think the stock is significantly overvalued at current levels. Tesla trades at about 15x projected 2021 Revenue and about 175x projected earnings. … In fact, using the industry average P/E of about 15x, Tesla would have to post over 2x the profits of the top ten automakers combined to justify its valuation.

Why is Tesla losing so much money?

The record quarter did help the company generate $6.3 billion in revenue, and $117 million of the loss was attributed to restructuring charges related to layoffs and store closings.

How much is Apple’s debt?

Based on Apple’s financial statement as of July 31, 2020, long-term debt is at $94.05 billion and current debt is at $18.68 billion, amounting to $112.72 billion in total debt. Adjusted for $33.38 billion in cash-equivalents, the company’s net debt is at $79.34 billion.

How much cash does Tesla have 2020?

During 3Q 2020, Tesla has a cash position of more than $14 billion sitting nicely in the banks. In the same quarter, the company generated nearly $1.5 billion in free cash flow, leaving plenty of cash around for the next quarter and the rest of 2020 as well as 2021.

Is Tesla in trouble financially?

Tesla, which has never had a profitable year, ended 2019 with a loss of $862 million, less than its two previous annual losses. Revenue was $7.4 billion in the fourth quarter, the company said, up from $6.3 billion in the third quarter.

Is Tesla going broke?

While Tesla has $5.8 billion in cash currently, with the number likely to grow to $7 billion by the end of 2020, the cash burn and debt payments due over 2021 and 2022 could cause the company to run low on cash by 2023. This could be an issue, as about $3.6 billion in debt payments come due over 2024 and 2025.

What is a fair price for Tesla stock?

TSLA Price Forecast Based on DCF ValuationCurrent PriceDCF Fair Value Target:Forecasted Gain:$736.43$46.53-94%

Is Tesla a Good Investment?

After surpassing a $500 billion market cap, Tesla has had a good run of it in 2020. … It recently surpassed a $500 billion market cap, as well as being added to the S&P 500, a milestone many investors had anticipated for quite some time.

How much is Tesla’s debt?

Tesla has about $13 billion in debt on the books and about $6.9 billion net of cash on hand. Net debt is less than 2 times estimated 2020 earnings before interest, taxes, depreciation and amortization, or Ebitda. That is lower than at the average company in the S&P 500, although car makers are tougher to analyze.

Is the Tesla truck bulletproof?

LOS ANGELES — Tesla CEO Elon Musk unveiled the company’s electric Cybertruck Thursday, but an attempt to show off the vehicle’s strength hit a bump in the road. … A video played on screens showing a bullet striking it, and Musk said, “It is literally bulletproof to a 9 mm handgun, that’s how strong the skin is.”

Is Tesla highly leveraged?

For instance, Tesla was highly leveraged back in 2015 when the long-term liabilities to equity ratio was averaged around 3.8. The ratio significantly declined in 2016 but had slightly ticked up during 2017 to nearly 3.0. Since then, the ratio declined steadily and reached the lowest figure at only 0.8 as of Q3 2020.

Why is Tesla’s stock so high?

The automaker’s shares have surged more than 660% in 2020 amid strong earnings, analyst upgrades, and overwhelming investor optimism. The company’s addition to the benchmark index on December 21 is the latest driver for its mammoth rally.

How much cash has Tesla burned?

Although Tesla suspended production at its Fremont factory last month, it managed to build about 14,000 more vehicles than it handed over to customers in the quarter. Inventory build-up led the company to burn through about $895 million in cash during the period.

Does Tesla pay a dividend?

Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.