You work as a complex financial report analyst for a consulting firm in Sydney. Some investors have
Question:
You work as a complex financial report analyst for a consulting firm in Sydney. Some investors have hired you to provide a detailed presentation where you analyze the balance sheet of tesla. Your client is interested in investing in some shares in the next financial year and they want to get your recommendation based on your analysis.
You have been provided with Tesla's Balance sheet for 2019, 2020, and 2021. These are the statements
BalanceSheet | |||
All numbers in thousands | 30/12/2021 | 30/12/2020 | 30/12/2019 |
Assets |
|
|
|
Cash and cash equivalents | $ 17,707,000 | $ 19,384,000 | $ 6,268,000 |
Net receivables | $ 1,913,000 | $ 1,886,000 | $ 1,324,000 |
Inventory | $ 5,757,000 | $ 4,101,000 | $ 3,552,000 |
Property, plant and equipment | $ 39,094,000 | $ 29,447,000 | $ 31,925,000 |
Accumulated depreciation | $ (7,918,000) | $ (6,072,000) | $ (11,726,000) |
Goodwill | $ 200,000 | $ 207,000 | $ 198,000 |
Intangible assets | $ 1,517,000 | $ 313,000 | $ 339,000 |
Other long-term assets | $ 3,861,000 | $ 2,882,000 | $ 2,429,000 |
Total assets | $ 62,131,000 | $ 52,148,000 | $ 34,309,000 |
Liabilities |
|
|
|
Current liabilities |
|
|
|
Debt | $ 1,088,000 | $ 1,758,000 | $ 1,399,000 |
Accounts payable | $ 10,025,000 | $ 6,051,000 | $ 3,771,000 |
Accrued liabilities | $ 3,670,000 | $ 2,134,000 | $ 1,534,000 |
Deferred revenues | $ 2,372,000 | $ 2,210,000 | $ 1,889,000 |
Other current liabilities | $ 294,000 | $ 241,000 | $ 520,000 |
Total current liabilities | $ 17,449,000 |
$ 12,394,000 | $ 9,113,000 |
Non-current liabilities |
|
|
|
Long-term debt | $ 4,254,000 | $ 8,513,000 | $ 10,402,000 |
Deferred tax liabilities | $ 24,000 | $ 151,000 |
|
Deferred revenues | $ 2,052,000 | $ 1,284,000 | $ 1,207,000 |
Other long-term liabilities | $ 8,163,000 | $ 7,581,000 | $ 6,969,000 |
Total non-current liabilities | $ 14,493,000 | $ 17,529,000 | $ 18,578,000 |
Total liabilities | $ 31,942,000 | $ 29,923,000 | $ 27,691,000 |
Stockholders' equity |
|
|
|
Total stockholders' equity | $ 30,189,000 | $ 22,225,000 | $ 6,618,000 |
Total liabilities and stockholder | $ 62,131,000 | $ 52,148,000 | $ 34,309,000 |
- Please Provide an Overview of the company (Business model, most important recent financial news, etc)
- Please provide At least 3 charts comparing the performance of the company over the 3 years (Example: Compare assets, Liabilities, or owner's equity over the three years)
- At least 3 financial ratios with an explanation of their meaning.
- Your financial recommendations to your client
Expert Answer:
Overview of Tesla Tesla Inc is an American electric vehicle and clean energy company founded by Elon Musk in 2003 The companys primary focus is on the design development manufacturing and sale of elec... View the full answer
