Stock Analysis on Net

Tesla Inc. (NASDAQ:TSLA)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Tesla Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 17,576 19,384 6,268 3,686 3,368
Short-term marketable securities 131
Accounts receivable, net 1,913 1,886 1,324 949 515
Inventory 5,757 4,101 3,552 3,113 2,264
Prepaid expenses and other current assets 1,723 1,346 959 558 424
Current assets 27,100 26,717 12,103 8,306 6,571
Operating lease vehicles, net 4,511 3,091 2,447 2,090 4,117
Solar energy systems, net 5,765 5,979 6,138 6,271 6,347
Property, plant and equipment, net 18,884 12,747 10,396 11,330 10,028
Operating lease right-of-use assets 2,016 1,558 1,218
Digital assets, net 1,260
Intangible assets, net 257 313 339 282 362
Goodwill 200 207 198 68 60
Other non-current assets 2,138 1,536 1,470 1,391 1,171
Non-current assets 35,031 25,431 22,206 21,433 22,085
Total assets 62,131 52,148 34,309 29,740 28,655

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Tesla Inc. current assets increased from 2019 to 2020 and from 2020 to 2021.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Tesla Inc. property, plant and equipment, net increased from 2019 to 2020 and from 2020 to 2021.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Tesla Inc. non-current assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Tesla Inc. total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Tesla Inc. cash and cash equivalents increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Short-term marketable securities Amount of investment in marketable security, classified as current.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Tesla Inc. accounts receivable, net increased from 2019 to 2020 and from 2020 to 2021.
Inventory Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Tesla Inc. inventory increased from 2019 to 2020 and from 2020 to 2021.