FIN 320 MODULE 5-2docx
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Emily Miller
FIN 320: Principles of Finance
Southern New Hampshire University
December 5, 2023
Financial Comparison 3
rd
Quarter 2023/ 2022
For the comparison of TSLA, Inc. for the 3
rd
Quart for 2023 and 2022 the company has
continued to be financially healthy. Their current ratio for year 2023 is at a 1.69 and for 2022 it
was 1.46.
The company has the ability to pay their current debts and is not over extending their
credit. In the third quarter for 2022 their debt ratio was at .48, it was undetermined for 2023.
Short term financing can help a company grow if utilized correctly. If paid back within a
year it is valuable, however anything longer can be hurtful to the company. Tesla has been
investing into their company to continue to grow and produce more products. If I was an investor
I would invest within the company as it seems to be profitable.
Mergent. (n.d ). Tesla, Inc. Retrieved December 1, 2023,
From http://www.mergentonline.com
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