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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Tesla's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $364 Mil. Tesla's average total debt for the quarter that ended in Mar. 2025 was $13,376 Mil. Therefore, Tesla's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.72%.
The historical data trend for Tesla's Effective Interest Rate on Debt % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tesla Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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5.37 | 3.35 | 2.61 | 2.04 | 3.02 |
Tesla Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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3.12 | 3.07 | 2.91 | 2.91 | 2.72 |
For the Auto Manufacturers subindustry, Tesla's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Tesla's Effective Interest Rate on Debt % falls into.
Tesla's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Dec. 2023 ) | + | Total Debt (A: Dec. 2024 )) | / count ) |
= | -1 * -350 | / | ( (9573 | + | 13623) | / 2 ) |
= | -1 * -350 | / | 11598 | |||
= | 3.02 % |
where
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 6528 | + | 3045 |
= | 9573 |
Total Debt (A: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 10360 | + | 3263 |
= | 13623 |
Tesla's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Dec. 2024 ) | + | Total Debt (Q: Mar. 2025 )) | / count ) |
= | -1 * -364 | / | ( (13623 | + | 13128) | / 2 ) |
= | -1 * -364 | / | 13375.5 | |||
= | 2.72 % |
where
Total Debt (Q: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 10360 | + | 3263 |
= | 13623 |
Total Debt (Q: Mar. 2025 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 10049 | + | 3079 |
= | 13128 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Tesla (NAS:TSLA) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Tesla's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Vaibhav Taneja | officer: Chief Accounting Officer | 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
James R Murdoch | director | C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022 |
Robyn M Denholm | director | 4150 NETWORK CIRCLE, SANTA CLARA CA 95054 |
Kimbal Musk | director | C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
Kathleen Wilson-thompson | director | PO BOX 3599, BATTLE CREEK MI 49016-3599 |
Xiaotong Zhu | officer: SVP, Automotive | 1 TESLA ROAD, AUSTIN TX 78725 |
Andrew D Baglino | officer: SVP Powertrain and Energy Eng. | 3500 DEER CREEK ROAD, FREMONT CA 94538 |
Zachary Kirkhorn | officer: Chief Financial Officer | 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
Elon Musk | director, 10 percent owner, officer: CEO | C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
Joseph Gebbia | director | C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103 |
Ira Matthew Ehrenpreis | director | 100 SHORELINE HWY, SUITE 282, BLDG. B, MILL VALLEY CA 94941 |
Jerome M Guillen | officer: VP Service and Sales Ops | 3500 DEER CREEK RD., PALO ALTO CA 94304 |
Antonio J. Gracias | director | C/O VALOR EQUITY PARTNERS, 200 SOUTH MICHIGAN AVENUE, SUITE 1020, CHICAGO IL 60604 |
Hiromichi Mizuno | director | 1-2-33-A504, KOMAZAWA, SETAGAYA, TOKYO M0 154-0012 |
Lawrence Joseph Ellison | director | C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511 |
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