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Calculate and interpret the important financial ratios given in the attched financial ratio analysis spreadsheet file for Tesla, Inc. for the years 2019 to 2021.
Calculate and interpret the important financial ratios given in the attched financial ratio analysis spreadsheet file for Tesla, Inc. for the years 2019 to 2021. An excel file containing the Tesla financial statements 2019-21 is alsoTesla INC Ratio 2019 2020 2021 Liquidity Ratios Current Ratio 1.13 1.88 1.38 Quick Ratio 0.73 1.51 1.02 Efficiency Ratios Inventory Turnover 5.18 5.45 6.48 A/R Turnover 18.56 16.49 26.95 Average Collection Period 19.39 21.83 13.36 Fixed Asset Turnover 1.22 1.35 1.73 Total Asset Turnover 0.72 0.60 0.87 Leverage Ratios Total Debt Ratio 0.78 0.56 0.50 Long-term Debt Ratio 0.37 0.21 0.11 LTD to Total Capitalization 0.63 0.32 0.18 Debt to Equity 3.59 1.26 1.00 LTD to Equity 1.69 0.47 0.22 Coverage Ratios Times Interest Earned 0.11 3.16 18.67 Cash Coverage Ratio 3.05 6.52 27.03 Profitability Ratios Gross Profit Margin 0.25 0.29 0.31 Operating Profit Margin 0.00 0.07 0.12 Net Profit Margin -0.04 0.02 0.10 Return on Total Assets -0.03 0.01 0.09 Return on Equity -0.12 0.03 0.18 Return on Common Equity -0.13 0.03 0.18 Equity Multiplier 4.59 2.26 2.00 DuPont ROE -0.12 0.03 0.18
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