Current liabilities total $27.4 billion. The acid-test ratio for TSLA in Q1 2024 is therefore $25.4 / $27.4 = 0.93 This value is below 1.0, indicating that Tesla's liquidity is tight and that it ...

An “acid test ... The ratio is important because it signals to internal management and external investors whether the company will run out of cash. The quick ratio also holds more value ...