- 20th Aug 2019
- 06:03 am
Ratio Analysis of Tesla - 2016 and 2017
Ratio for Liquidity Management
Description |
2017 |
2016 |
Current Assets (a) |
$6,570,520 |
$6,259,796 |
Current Liabilities (b) |
$7,674,740 |
$5,835,789 |
Working Capital (a - b) |
($1,104,220) |
$424,007 |
Current Assets (a) |
$6,570,520 |
$6,259,796 |
Current Liabilities (b) |
$7,674,740 |
$5,835,789 |
Current Ratio (a/b) |
0.86 |
1.07 |
Current Assets (a) |
$6,570,520 |
$6,259,796 |
Inventory (b) |
$2,263,537 |
$2,067,454 |
Current Liabilities (c) |
$6,452,561 |
$5,031,978 |
Acid-test Ratio ((a-b)/c) |
0.67 |
0.83 |
Data Resources: Yahoo Finance 2016 & 2017 |
Ratios of Asset Management
Description |
2017 |
2016 |
Sales on Account (a) |
$11,758,751 |
$7,000,132 |
Average Receivables (b) |
$507,262 |
$334,054 |
AR Turnover (a/b) |
23.18 |
20.96 |
Average Collection Period: 365 days divided by AR Turnover |
16 |
17 |
Cost of Goods Sold (a) |
$9,536,264 |
$5,400,875 |
Average Inventory (b) |
$2,165,496 |
$1,672,646 |
Inventory Turnover Ratio (a/b) |
4.40 |
3.23 |
Average Sale Period: 365 days divided by Inventory Turnover |
83 |
113 |
Average Sale Period |
83 |
113 |
Average Collection Period |
16 |
17 |
Operating Cycle |
99 |
130 |
Sales (a) |
$11,758,751 |
$7,000,132 |
Average total Assets (b) |
$25,659,724 |
$15,366,008 |
Total Asset Turnover (a/b) |
0.46 |
0.46 |
Data Resources: Consolidated Financial Statement of Tesla, 2016 & 2017 |
Ratios for Debt Management
Description |
2017 |
2016 |
Total Liabilities (a) |
$23,023,050 |
$16,758,951 |
Stockholders’ Equity (b) |
$4,237,242 |
$4,752,911 |
Debt-to-equity ratio (a/b) |
5.43 |
3.53 |
Net income BEFORE interest AND taxes (a) |
($1,606,286) |
($645,640) |
Interest expense (b) |
($477,149) |
($191,815) |
Time interest earned (a/b) |
3.37 |
3.37 |
Average total assets (a) |
$25,659,724 |
$15,366,008 |
Average Stockholders’ equity (b) |
$4,495,077 |
$2,918,308 |
Equity multiplier (a/b) |
5.71 |
5.27 |
Data Resources: Consolidated Financial Statement of Tesla, 2016 & 2017 |
Ratio on Profitability (Percentage)
Description |
2017 |
2016 |
Sales |
100.0% |
100.0% |
Cost of goods sold |
81.1% |
77.2% |
Gross margin |
18.9% |
22.8% |
Selling and administrative expenses |
20.8% |
20.1% |
Net operating income |
-13.7% |
-9.2% |
Interest expense |
-4.1% |
-2.7% |
Net income before taxes |
-18.8% |
-10.7% |
Income taxes |
0.3% |
0.4% |
Net income |
-19.1% |
-11.0% |
Data Resources: Consolidated Financial Statement of Tesla., 2016 & 2017 |
Ratios on Market Performance
Description |
2017 |
2016 |
Net income |
$14,456 |
$10,015 |
Average number of common shares outstanding |
$3,188 |
$3,188 |
Earnings per share |
$4.53 |
$3.14 |
Market price per share |
$72.95 |
$65.30 |
Earnings per share |
$4.54 |
$3.14 |
Price-earnings ratio |
$16.07 |
$20.80 |
Dividends per share |
$2.20 |
$2.15 |
Earnings per share |
$4.54 |
$3.14 |
Dividend payout ratio |
48.46% |
68.47% |
Dividends per share |
$2.20 |
$2.15 |
Market price per share |
$72.95 |
$65.30 |
Dividends yield ratio |
3.02% |
3.29% |
Total stockholders' equity |
70,130 |
62,575 |
Number of common shares outstanding |
3,188 |
3,188 |
Book value per share |
$22 |
$20 |
Data Resources: Consolidated Financial Statement of Tesla, 2016 & 2017 |