Tesla Extraordinary Items vs Net Income Analysis

TSLA Stock

USD 168.47 3.50 2.04%

Tesla financial indicator trend analysis is much more than just breaking down Tesla Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tesla Inc is a good investment. Please check the relationship between Tesla Extraordinary Items and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Extraordinary Items vs Net Income

Extraordinary Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tesla Inc Extraordinary Items account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tesla's Extraordinary Items and Net Income is 0.77. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Tesla Inc, assuming nothing else is changed. The correlation between historical values of Tesla's Extraordinary Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Tesla Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Extraordinary Items i.e., Tesla's Extraordinary Items and Net Income go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Extraordinary Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tesla Inc financial statement analysis. It represents the amount of money remaining after all of Tesla Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Tesla's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tesla Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Tesla's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 55.18, whereas Tax Provision is projected to grow to (4.8 B).

	2021	2022	2023	2024 (projected)
Interest Expense	371M	191M	156M	242.4M
Depreciation And Amortization	2.9B	4.2B	4.7B	4.9B

Interest Expense Depreciation And Amortization

Tesla fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.32	0.99	0.99	0.98	0.98	0.93	-0.73	0.81	0.98	0.9	0.97	0.99	0.98	0.99	0.9	0.82	0.56	0.97	0.99	0.97	0.96	0.99	0.99	0.8	0.95
Short Long Term Debt Total	0.32		0.34	0.33	0.11	0.45	0.58	0.23	-0.23	0.2	0.4	0.48	0.25	0.24	0.29	0.43	0.56	0.91	0.16	0.2	0.37	0.56	0.36	0.22	0.72	0.08
Other Current Liab	0.99	0.34		0.99	0.96	0.98	0.94	-0.71	0.79	0.97	0.88	0.98	0.98	0.96	0.98	0.9	0.82	0.57	0.96	0.98	0.96	0.96	0.98	0.97	0.79	0.94
Total Current Liabilities	0.99	0.33	0.99		0.96	0.98	0.94	-0.73	0.78	0.99	0.91	0.98	0.98	0.97	0.99	0.9	0.85	0.57	0.97	0.99	0.98	0.96	0.97	0.98	0.8	0.94
Total Stockholder Equity	0.98	0.11	0.96	0.96		0.92	0.84	-0.82	0.9	0.97	0.86	0.91	0.97	0.98	0.98	0.85	0.73	0.38	0.98	0.98	0.94	0.87	0.95	0.99	0.69	0.97
Property Plant And Equipment Net	0.98	0.45	0.98	0.98	0.92		0.97	-0.62	0.72	0.95	0.88	1.0	0.97	0.93	0.96	0.88	0.85	0.68	0.94	0.95	0.96	0.99	0.98	0.95	0.85	0.89
Current Deferred Revenue	0.93	0.58	0.94	0.94	0.84	0.97		-0.55	0.57	0.89	0.89	0.98	0.91	0.89	0.91	0.88	0.9	0.78	0.87	0.89	0.94	0.99	0.93	0.89	0.85	0.81
Net Debt	-0.73	0.23	-0.71	-0.73	-0.82	-0.62	-0.55		-0.74	-0.81	-0.8	-0.62	-0.7	-0.83	-0.75	-0.7	-0.58	-0.01	-0.75	-0.79	-0.78	-0.55	-0.64	-0.81	-0.32	-0.78
Retained Earnings	0.81	-0.23	0.79	0.78	0.9	0.72	0.57	-0.74		0.81	0.57	0.69	0.85	0.81	0.82	0.61	0.42	0.06	0.88	0.85	0.7	0.64	0.81	0.84	0.44	0.91
Accounts Payable	0.98	0.2	0.97	0.99	0.97	0.95	0.89	-0.81	0.81		0.89	0.95	0.98	0.96	0.98	0.88	0.82	0.46	0.98	0.99	0.96	0.91	0.94	0.98	0.72	0.96
Cash	0.9	0.4	0.88	0.91	0.86	0.88	0.89	-0.8	0.57	0.89		0.89	0.83	0.94	0.9	0.93	0.88	0.57	0.82	0.88	0.97	0.88	0.84	0.91	0.75	0.8
Non Current Assets Total	0.97	0.48	0.98	0.98	0.91	1.0	0.98	-0.62	0.69	0.95	0.89		0.96	0.93	0.95	0.88	0.87	0.7	0.93	0.94	0.96	0.99	0.97	0.94	0.85	0.88
Non Currrent Assets Other	0.99	0.25	0.98	0.98	0.97	0.97	0.91	-0.7	0.85	0.98	0.83	0.96		0.94	0.98	0.85	0.79	0.52	0.99	0.99	0.93	0.94	0.98	0.97	0.77	0.97
Cash And Short Term Investments	0.98	0.24	0.96	0.97	0.98	0.93	0.89	-0.83	0.81	0.96	0.94	0.93	0.94		0.98	0.92	0.81	0.47	0.95	0.98	0.98	0.91	0.94	0.99	0.75	0.94
Net Receivables	0.99	0.29	0.98	0.99	0.98	0.96	0.91	-0.75	0.82	0.98	0.9	0.95	0.98	0.98		0.92	0.81	0.52	0.98	0.99	0.97	0.94	0.97	0.99	0.8	0.97
Common Stock Total Equity	0.9	0.43	0.9	0.9	0.85	0.88	0.88	-0.7	0.61	0.88	0.93	0.88	0.85	0.92	0.92		0.83	0.58	0.84	0.9	0.94	0.89	0.86	0.9	0.76	0.85
Common Stock Shares Outstanding	0.82	0.56	0.82	0.85	0.73	0.85	0.9	-0.58	0.42	0.82	0.88	0.87	0.79	0.81	0.81	0.83		0.77	0.76	0.8	0.88	0.88	0.78	0.81	0.78	0.7
Non Current Liabilities Total	0.56	0.91	0.57	0.57	0.38	0.68	0.78	-0.01	0.06	0.46	0.57	0.7	0.52	0.47	0.52	0.58	0.77		0.44	0.46	0.58	0.76	0.6	0.47	0.8	0.35
Inventory	0.97	0.16	0.96	0.97	0.98	0.94	0.87	-0.75	0.88	0.98	0.82	0.93	0.99	0.95	0.98	0.84	0.76	0.44		0.99	0.92	0.9	0.95	0.98	0.72	0.98
Other Current Assets	0.99	0.2	0.98	0.99	0.98	0.95	0.89	-0.79	0.85	0.99	0.88	0.94	0.99	0.98	0.99	0.9	0.8	0.46	0.99		0.96	0.92	0.96	0.99	0.73	0.98
Other Stockholder Equity	0.97	0.37	0.96	0.98	0.94	0.96	0.94	-0.78	0.7	0.96	0.97	0.96	0.93	0.98	0.97	0.94	0.88	0.58	0.92	0.96		0.95	0.94	0.97	0.8	0.89
Total Liab	0.96	0.56	0.96	0.96	0.87	0.99	0.99	-0.55	0.64	0.91	0.88	0.99	0.94	0.91	0.94	0.89	0.88	0.76	0.9	0.92	0.95		0.96	0.92	0.9	0.85
Property Plant And Equipment Gross	0.99	0.36	0.98	0.97	0.95	0.98	0.93	-0.64	0.81	0.94	0.84	0.97	0.98	0.94	0.97	0.86	0.78	0.6	0.95	0.96	0.94	0.96		0.96	0.82	0.92
Total Current Assets	0.99	0.22	0.97	0.98	0.99	0.95	0.89	-0.81	0.84	0.98	0.91	0.94	0.97	0.99	0.99	0.9	0.81	0.47	0.98	0.99	0.97	0.92	0.96		0.75	0.97
Short Term Debt	0.8	0.72	0.79	0.8	0.69	0.85	0.85	-0.32	0.44	0.72	0.75	0.85	0.77	0.75	0.8	0.76	0.78	0.8	0.72	0.73	0.8	0.9	0.82	0.75		0.65
Common Stock	0.95	0.08	0.94	0.94	0.97	0.89	0.81	-0.78	0.91	0.96	0.8	0.88	0.97	0.94	0.97	0.85	0.7	0.35	0.98	0.98	0.89	0.85	0.92	0.97	0.65

Click cells to compare fundamentals

Tesla Account Relationship Matchups

Tesla fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	34.3B	52.1B	62.1B	82.3B	106.6B	111.9B
Short Long Term Debt Total	13.4B	11.7B	8.9B	3.1B	5.2B	5.1B
Other Current Liab	3.2B	3.9B	5.7B	7.1B	9.1B	9.5B
Total Current Liabilities	10.7B	14.2B	19.7B	26.7B	28.7B	30.2B
Total Stockholder Equity	6.6B	22.2B	30.2B	44.7B	62.6B	65.8B
Property Plant And Equipment Net	20.2B	23.4B	31.2B	36.6B	45.1B	47.4B
Current Deferred Revenue	1.9B	2.2B	2.4B	2.8B	2.9B	3.0B
Net Debt	7.2B	(7.6B)	(8.7B)	(13.2B)	(11.2B)	(10.6B)
Retained Earnings	(6.1B)	(5.4B)	331M	12.9B	27.9B	29.3B
Accounts Payable	3.8B	6.1B	10.0B	15.3B	14.4B	15.2B
Cash	6.3B	19.4B	17.6B	16.3B	16.4B	17.2B
Non Current Assets Total	22.2B	25.4B	35.0B	41.4B	45.6B	47.8B
Non Currrent Assets Other	1.5B	1.5B	2.1B	4.2B	4.7B	5.0B
Cash And Short Term Investments	6.3B	19.4B	17.7B	22.2B	29.1B	30.5B
Net Receivables	1.3B	1.9B	1.9B	3.0B	3.7B	3.9B
Common Stock Shares Outstanding	2.7B	3.2B	3.1B	3.5B	3.5B	2.6B
Liabilities And Stockholders Equity	34.3B	52.1B	61.3B	82.3B	106.6B	111.9B
Non Current Liabilities Total	15.5B	14.2B	11.4B	9.7B	14.3B	7.6B
Inventory	3.6B	4.1B	5.8B	12.8B	13.6B	14.3B
Other Current Assets	959M	1.3B	1.7B	2.9B	3.2B	3.4B
Other Stockholder Equity	12.7B	27.3B	29.8B	32.2B	34.9B	36.6B
Total Liab	26.2B	28.5B	31.1B	36.4B	43.0B	45.2B
Property Plant And Equipment Gross	20.2B	23.4B	31.2B	36.6B	58.8B	61.8B
Total Current Assets	12.1B	26.7B	27.1B	40.9B	49.6B	52.1B
Accumulated Other Comprehensive Income	(36M)	363M	54M	(361M)	(143M)	(135.9M)
Short Term Debt	1.8B	2.1B	1.6B	1.5B	2.4B	2.5B
Common Stock	169K	173K	1M	3M	3.5M	3.6M
Other Liab	3.0B	4.6B	5.6B	6.0B	6.9B	7.2B
Other Assets	1.5B	12.2B	3.4B	4.2B	11.4B	12.0B
Long Term Debt	11.6B	9.6B	4.3B	1.0B	2.7B	4.1B
Property Plant Equipment	20.2B	12.7B	31.2B	36.6B	42.1B	44.2B
Intangible Assets	339M	313M	1.5B	593M	178M	316.7M
Net Tangible Assets	6.1B	22.4B	29.7B	44.3B	50.9B	53.5B
Noncontrolling Interest In Consolidated Entity	997.3M	834.4M	850M	826M	949.9M	997.4M
Good Will	198M	207M	200M	194M	253M	265.7M
Retained Earnings Total Equity	(5.0B)	(5.3B)	(5.4B)	331M	297.9M	312.8M
Long Term Debt Total	11.6B	9.6B	5.2B	1.6B	1.8B	1.7B

Currently Active Assets on Macroaxis

XERS	Xeris Pharmaceuticals
IGM	iShares Expanded Tech
QCOM	Qualcomm Incorporated
QTEC	First Trust NASDAQ 100 Technology
BA	The Boeing

When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:

How To Invest In Tesla

Details

Is Tesla Stock a good investment?

Details

What is Tesla's Net Worth?

Details

Largest Automobiles & Components Companies

View

Largest Consumer Discretionary Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Tesla Stock analysis

When running Tesla's price analysis, check to measure Tesla's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.

	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	CEOs Directory Screen CEOs from public companies around the world
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets

Is Tesla's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tesla. If investors know Tesla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.53)

Earnings Share

3.91

Revenue Per Share

29.803

Quarterly Revenue Growth

(0.09)

Return On Assets

0.0472

The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tesla's market value can be influenced by many factors that don't directly affect Tesla's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Tesla Extraordinary Items vs Net Income Analysis

Extraordinary Items vs Net Income

Extraordinary Items vs Net Income Correlation Analysis

Correlation Coefficient

Extraordinary Items

Net Income

Tesla fundamental ratios Correlations

Tesla Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tesla fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Tesla Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.83	Net Debt
Net Debt	- 0.82	Total Stockholder Equity
Total Current Assets	- 0.81	Net Debt
Accounts Payable	- 0.81	Net Debt
Cash	- 0.8	Net Debt
Other Current Assets	- 0.79	Net Debt