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Hello, I need some help common sizing the financial data of Tesla. Just confused on formula and what to divide by. As Reported Annual Income
Hello, I need some help common sizing the financial data of Tesla. Just confused on formula and what to divide by.
As Reported Annual Income Statement | ||||||||||
Report Date | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||||
Currency | USD | USD | USD | USD | USD | |||||
Audit Status | Not Qualified | Not Qualified | Not Qualified | Not Qualified | Not Qualified | |||||
Consolidated | Yes | Yes | Yes | Yes | Yes | |||||
Scale | Thousands | Thousands | Thousands | Thousands | Thousands | |||||
Automotive revenue | 19952000 | 17631522 | 8534752 | 5589007 | - | |||||
Automotive leasing revenue | 869000 | 883461 | 1106548 | 761759 | - | |||||
Total automotive revenue | 20821000 | 18514983 | 9641300 | 6350766 | 3740973 | |||||
Energy generation & storage revenue | 1531000 | 1555244 | 1116266 | 181394 | - | |||||
Services & other revenues | 2226000 | 1391041 | 1001185 | 467972 | 305052 | |||||
Total revenues | 24578000 | 21461268 | 11758751 | 7000132 | 4046025 | |||||
Automotive cost of revenue | 15939000 | 13685572 | 6724480 | 4268087 | - | |||||
Automotive leasing cost of revenue | 459000 | 488425 | 708224 | 481994 | - | |||||
Total automotive cost of revenues | 16398000 | 14173997 | 7432704 | 4750081 | 2823302 | |||||
Energy generation & storage cost of revenue | 1341000 | 1364896 | 874538 | 178332 | - | |||||
Services & other cost of revenues | 2770000 | 1880354 | 1229022 | 472462 | 299220 | |||||
Total cost of revenues | 20509000 | 17419247 | 9536264 | 5400875 | 3122522 | |||||
Gross profit (loss) | 4069000 | 4042021 | 2222487 | 1599257 | 923503 | |||||
Research & development | 1343000 | 1460370 | 1378073 | 834408 | 717900 | |||||
Selling, general & administrative | 2646000 | 2834491 | 2476500 | 1432189 | 922232 | |||||
Restructuring & other | 149000 | 135233 | - | - | - | |||||
Total operating expenses | 4138000 | 4430094 | 3854573 | 2266597 | 1640132 | |||||
Income (loss) from operations | -69000 | -388073 | -1632086 | -667340 | -716629 | |||||
Interest income | 44000 | 24533 | 19686 | 8530 | 1508 | |||||
Interest expense | 685000 | 663071 | 471259 | 198810 | 118851 | |||||
Other income (expense), net | 45000 | 21866 | -125373 | 111272 | -41652 | |||||
Income (loss) before income taxes - domestic | -287000 | -412133 | -993113 | -130718 | -415694 | |||||
Noncontrolling interest & redeemable noncontrolling interest | 87000 | -86491 | -279178 | -98132 | - | |||||
Income (loss) before income taxes - foreign | -465000 | -506121 | - | - | - | |||||
Income (loss) before income taxes - international | - | - | -936741 | -517498 | -459930 | |||||
Income (loss) before income taxes | -665000 | -1004745 | -2209032 | -746348 | -875624 | |||||
Current federal income taxes (benefit) | - | -901 | -9552 | - | - | |||||
Current state income taxes (benefit) | 5000 | 2792 | 2029 | 568 | 525 | |||||
Current foreign income taxes (benefit) | 86000 | 23622 | 42715 | 53962 | 10342 | |||||
Current income taxes (benefit) | 91000 | 25513 | 35192 | 54530 | 10867 | |||||
Deferred federal income taxes (benefit) | -4000 | - | - | - | - | |||||
Deferred foreign income taxes (benefit) | 23000 | 32324 | -3646 | -27832 | 2172 | |||||
Deferred income taxes (benefit) | 19000 | 32324 | -3646 | -27832 | 2172 | |||||
Provision for income taxes (benefit) | 110000 | 57837 | 31546 | 26698 | 13039 | |||||
Net income (loss) | -775000 | -1062582 | -2240578 | -773046 | -888663 | |||||
Net loss attributable to noncontrolling interests & redeemable noncontrolling interests | -87000 | 86491 | 279178 | 98132 | - | |||||
Net income (loss) attributable to common stockholders | -862000 | -976091 | -1961400 | -674914 | - | |||||
Weighted average shares outstanding - basic | 885000 | 852625 | 828790 | 721060 | 641010 | |||||
Weighted average shares outstanding - diluted | 885000 | 852625 | 828790 | 721060 | 641010 | |||||
Year end shares outstanding | 905000 | 863015 | 843985 | 807805 | 657125 | |||||
Net income (loss) per share - basic | -0.984 | -1.144 | -2.366 | -0.936 | -1.386 | |||||
Net income (loss) per share - diluted | -0.984 | -1.144 | -2.366 | -0.936 | -1.386 | |||||
Number of full time employees | 48016 | 48817 | 37543 | 30025 | 13058 | |||||
Number of common stockholders | 1685 | 1145 | 1156 | 1109 | 836 | |||||
Foreign currency translation adjustments | -28000 | -41566 | 62658 | -18500 | -10999 |
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