Tesla Inc.、合并资产负债表结构：负债和股东权益（季度数据）
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2025年6月30日 |
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2025年3月31日 |
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2024年12月31日 |
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2024年9月30日 |
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2024年6月30日 |
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2024年3月31日 |
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2023年12月31日 |
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2023年9月30日 |
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2023年6月30日 |
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2023年3月31日 |
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2022年12月31日 |
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2022年9月30日 |
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2022年6月30日 |
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2022年3月31日 |
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2021年12月31日 |
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2021年9月30日 |
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2021年6月30日 |
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2021年3月31日 |
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2020年12月31日 |
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2020年9月30日 |
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2020年6月30日 |
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2020年3月31日 |
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应付帐款 |
10.28% | |
10.77% | |
10.22% | |
12.23% | |
11.57% | |
13.48% | |
13.54% | |
14.84% | |
16.86% | |
18.32% | |
18.53% | |
18.67% | |
16.36% | |
16.92% | |
16.14% | |
14.28% | |
13.71% | |
12.55% | |
11.60% | |
10.85% | |
9.54% | |
10.66% | |
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应计负债及其他 |
8.96% | |
8.63% | |
8.78% | |
8.85% | |
8.52% | |
8.46% | |
8.52% | |
8.13% | |
8.45% | |
8.43% | |
8.67% | |
8.39% | |
8.81% | |
8.94% | |
9.20% | |
9.41% | |
8.66% | |
7.69% | |
7.39% | |
7.12% | |
8.16% | |
7.58% | |
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递延收入 |
2.52% | |
2.59% | |
2.60% | |
2.53% | |
2.48% | |
2.77% | |
2.69% | |
2.35% | |
2.40% | |
2.02% | |
2.12% | |
2.59% | |
2.71% | |
2.41% | |
2.33% | |
3.11% | |
3.07% | |
3.01% | |
2.80% | |
2.75% | |
2.96% | |
3.18% | |
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债务和融资租赁的流动部分 |
1.59% | |
1.79% | |
2.01% | |
1.91% | |
2.01% | |
2.25% | |
2.23% | |
3.05% | |
2.74% | |
2.83% | |
3.12% | |
3.41% | |
3.96% | |
4.22% | |
4.05% | |
4.40% | |
4.25% | |
4.84% | |
5.53% | |
8.39% | |
11.52% | |
10.75% | |
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流动负债 |
23.34% |
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23.78% |
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23.61% |
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25.51% |
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24.58% |
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26.97% |
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26.96% |
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28.36% |
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30.46% |
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31.60% |
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32.44% |
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33.07% |
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31.85% |
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32.49% |
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31.72% |
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31.21% |
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29.69% |
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28.08% |
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27.32% |
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29.11% |
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32.18% |
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32.18% |
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债务和融资租赁，扣除流动部分 |
4.03% | |
4.23% | |
4.72% | |
4.51% | |
4.86% | |
2.65% | |
2.68% | |
2.58% | |
0.96% | |
1.46% | |
1.94% | |
2.82% | |
4.23% | |
4.77% | |
8.44% | |
11.13% | |
14.27% | |
17.09% | |
18.32% | |
23.11% | |
27.31% | |
28.63% | |
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递延收入，扣除流动部分 |
2.93% | |
2.89% | |
2.72% | |
2.80% | |
2.98% | |
2.94% | |
3.05% | |
3.26% | |
3.33% | |
3.35% | |
3.41% | |
3.04% | |
3.23% | |
3.31% | |
3.30% | |
2.36% | |
2.39% | |
2.44% | |
2.46% | |
2.70% | |
3.14% | |
3.22% | |
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其他长期负债 |
8.98% | |
8.82% | |
8.60% | |
8.19% | |
7.98% | |
7.76% | |
7.65% | |
7.79% | |
7.64% | |
6.89% | |
6.47% | |
5.82% | |
5.73% | |
5.81% | |
5.71% | |
6.03% | |
6.05% | |
6.20% | |
6.39% | |
6.67% | |
7.53% | |
7.16% | |
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长期负债 |
15.93% |
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15.94% |
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16.03% |
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15.49% |
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15.81% |
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13.36% |
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13.38% |
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13.63% |
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11.94% |
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11.70% |
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11.82% |
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11.68% |
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13.19% |
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13.90% |
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17.45% |
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19.52% |
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22.71% |
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25.73% |
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27.17% |
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32.48% |
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37.98% |
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39.01% |
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负债合计 |
39.28% |
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39.72% |
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39.64% |
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41.00% |
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40.39% |
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40.33% |
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40.34% |
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41.99% |
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42.40% |
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43.30% |
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44.26% |
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44.75% |
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45.04% |
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46.39% |
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49.17% |
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50.73% |
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52.40% |
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53.82% |
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54.49% |
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61.59% |
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70.16% |
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71.19% |
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子公司的可赎回非控制性权益 |
0.05% | |
0.05% | |
0.05% | |
0.06% | |
0.06% | |
0.07% | |
0.23% | |
0.29% | |
0.32% | |
0.47% | |
0.50% | |
0.57% | |
0.61% | |
0.70% | |
0.91% | |
1.05% | |
1.10% | |
1.13% | |
1.16% | |
1.33% | |
1.61% | |
1.70% | |
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可转换优先票据 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.10% | |
0.11% | |
0.12% | |
0.16% | |
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优先股;面值 0.001 美元;没有已发行和流通在外的股份 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
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普通股;0.001 美元面值 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
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额外实收资本 |
31.39% | |
31.54% | |
31.43% | |
31.11% | |
32.30% | |
32.74% | |
32.73% | |
36.41% | |
36.91% | |
37.86% | |
39.08% | |
42.45% | |
45.17% | |
46.16% | |
47.97% | |
50.01% | |
51.15% | |
52.15% | |
52.27% | |
47.22% | |
41.68% | |
41.32% | |
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累计其他综合收益（亏损） |
0.12% | |
-0.34% | |
-0.55% | |
-0.01% | |
-0.41% | |
-0.37% | |
-0.13% | |
-0.74% | |
-0.45% | |
-0.26% | |
-0.44% | |
-1.27% | |
-0.70% | |
-0.08% | |
0.09% | |
0.21% | |
0.37% | |
0.27% | |
0.70% | |
0.27% | |
-0.10% | |
-0.30% | |
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留存收益（累计赤字） |
28.62% | |
28.47% | |
28.84% | |
27.25% | |
27.02% | |
26.56% | |
26.15% | |
21.24% | |
19.98% | |
17.73% | |
15.65% | |
12.36% | |
8.62% | |
5.53% | |
0.53% | |
-3.44% | |
-6.54% | |
-8.97% | |
-10.35% | |
-12.41% | |
-15.73% | |
-16.39% | |
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股东权益 |
60.14% |
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59.67% |
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59.73% |
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58.35% |
|
58.91% |
|
58.94% |
|
58.75% |
|
56.91% |
|
56.44% |
|
55.34% |
|
54.29% |
|
53.54% |
|
53.09% |
|
51.61% |
|
48.59% |
|
46.78% |
|
44.98% |
|
43.45% |
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42.62% |
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35.09% |
|
25.84% |
|
24.63% |
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子公司的非控制性权益 |
0.54% | |
0.56% | |
0.58% | |
0.59% | |
0.64% | |
0.67% | |
0.69% | |
0.80% | |
0.84% | |
0.89% | |
0.95% | |
1.14% | |
1.26% | |
1.31% | |
1.33% | |
1.45% | |
1.53% | |
1.60% | |
1.63% | |
1.88% | |
2.28% | |
2.33% | |
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权益合计 |
60.68% |
|
60.23% |
|
60.31% |
|
58.94% |
|
59.55% |
|
59.61% |
|
59.43% |
|
57.71% |
|
57.28% |
|
56.23% |
|
55.25% |
|
54.69% |
|
54.35% |
|
52.92% |
|
49.92% |
|
48.22% |
|
46.50% |
|
45.05% |
|
44.25% |
|
36.97% |
|
28.12% |
|
26.95% |
|
|
|
负债和权益合计 |
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
根据报告：
10-Q (报告日期： 2025-06-30), 10-Q (报告日期： 2025-03-31), 10-K (报告日期： 2024-12-31), 10-Q (报告日期： 2024-09-30), 10-Q (报告日期： 2024-06-30), 10-Q (报告日期： 2024-03-31), 10-K (报告日期： 2023-12-31), 10-Q (报告日期： 2023-09-30), 10-Q (报告日期： 2023-06-30), 10-Q (报告日期： 2023-03-31), 10-K (报告日期： 2022-12-31), 10-Q (报告日期： 2022-09-30), 10-Q (报告日期： 2022-06-30), 10-Q (报告日期： 2022-03-31), 10-K (报告日期： 2021-12-31), 10-Q (报告日期： 2021-09-30), 10-Q (报告日期： 2021-06-30), 10-Q (报告日期： 2021-03-31), 10-K (报告日期： 2020-12-31), 10-Q (报告日期： 2020-09-30), 10-Q (报告日期： 2020-06-30), 10-Q (报告日期： 2020-03-31).
从上述财务数据可以观察到，公司的负债结构和权益比例在近年来呈现出逐步优化的趋势。具体表现为长期负债占比逐年下降，反映公司在偿债压力减轻或资本结构调整方面取得一定成效。同时，流动负债占比在下降，表明短期偿债压力相对减轻，有利于增强短期偿债能力。
债务的流动部分（尤其是债务和融资租赁的流动部分）持续减少，从2020年的最高值约11.52%逐步下降至2024年的1.59%，显示公司在资金安排上趋于稳定，减少了短期融资压力。而扣除流动部分的债务比例也同样保持下降，进一步说明公司在缩短债务期限方面逐步取得成效。
应付账款的比例在2020至2025年期间大致呈上升趋势，尤其是在2021年达到高点后逐步下降，可能反映出企业与供应商的支付策略变化。此外，应计负债及其他项的比例相对稳定，但在2022年有所下降后趋于平稳，反映公司在负债管理方面保持一定的稳定性。
权益方面，股东权益及留存收益占比持续提高，从2020年的约24.63%和-16.39%逐渐上升至2025年的近60%及正值，反映公司积累的盈利能力增强，资本基础得到稳固。额外实收资本占比略有下降，但仍保持在较高水平，表明公司融资结构趋于稳固。
累计其他综合收益的变化较为平稳，但略有波动，显示在多元化财务策略或汇率变动等影响下，公司未出现明显的波动。同时，非控制性权益占比逐年下降，说明子公司权益逐步集中，管理稳定性增强。
总体来看，公司财务结构持续向权益导向调整，负债比例逐步下降，短期债务压力减轻，权益比重上升。未来，通过优化资本结构，减少短期依赖，提升盈利水平，将有助于增强其财务稳定性和抗风险能力。这一趋势值得持续关注，特别是债务结构的变化对财务风险的影响。
