As of October 25, 2023, Tesla Inc., with a market capitalization of $673.1 billion, is the most valuable car company in the world, according to the latest report from CEOWORLD magazine. Toyota Motor Corporation came in second with a valuation of $240 billion, followed by BYD with $93 billion and Mercedes-Benz Group with $69.1 billion.
Ranking: Top 10 largest car companies in the world by market capitalization
- tesla company
Market capitalization: $673.1 billion
Tesla’s total shareholder equity is $54.5 billion and total debt is $4.4 billion, resulting in a debt-to-equity ratio of 8.1%. Total assets and total liabilities are $93.9 billion and $39.4 billion, respectively. Tesla’s EBIT was $10.7 billion and its interest coverage ratio was -14.1. It holds $26.1 billion in cash and short-term investments. - Toyota Motor Corporation
Market capitalization: $240 billion
Toyota Motor Corporation’s total shareholder equity is 31,274.4 billion yen, and its total debt is 32,016.3 billion yen, resulting in a debt-to-equity ratio of 102.4%. Total assets are 80,131.2 billion yen, and total liabilities are 48,856.8 billion yen. Toyota Motor Corporation’s EBIT is 3,267.3 billion yen, and its interest coverage ratio is -11.2. Cash and short-term investments amounted to 10,193.7 billion yen. - BYD Co., Ltd.
Market capitalization: $93 billion
BYD’s total shareholder equity is C$130.4 billion and total debt is C$24.8 billion, giving it a debt-to-equity ratio of 19%. Total assets and total liabilities are C$591.1 billion and C$460.7 billion, respectively. BYD’s EBIT was CA$27.6 billion and its interest coverage ratio was -25. Cash and short-term investments amounted to C$92.9 billion. - mercedes benz group
Market capitalization: $69.1 billion
The Mercedes-Benz Group has total shareholder equity of 88.7 billion euros and total debt of 109.3 billion euros, resulting in a debt-to-equity ratio of 123.2%. Total assets and total liabilities are 258.8 billion euros and 170.2 billion euros, respectively. Mercedes-Benz Group’s EBIT was 19.2 billion euros, with an interest coverage ratio of -110.8. Cash and short-term investments amounted to €18.6 billion. - BMW-Bayern Motoren Werke Aktiengesellschaft
Market capitalization: $62.76 billion
Bayerische Motoren Werke has total shareholder equity of 90 billion euros and total debt of 93.6 billion euros, resulting in a debt-to-equity ratio of 104%. Total assets and total liabilities are 250 billion euros and 160 billion euros, respectively. Bayerische Motoren Werke’s EBIT was EUR 16.8 billion and its interest coverage ratio was -52.9. Cash and short-term investments amounted to €15.6 billion. - Stellantis NV
Market capitalization: $58.83 billion
Stellantis has total shareholders’ equity of 77.1 billion euros and total debt of 27.3 billion euros, resulting in a debt-to-equity ratio of 35.4%. Total assets and total liabilities are 198.6 billion euros and 121.5 billion euros, respectively. Stellantis has an EBIT of EUR 23.7 billion and an interest coverage ratio of -26.6. Cash and short-term investments amount to €52.3 billion. - ferrari nv
Market capitalization: $54.8 billion
Ferrari’s total shareholder equity is 2.7 billion euros and total debt is 2.6 billion euros, resulting in a debt-to-equity ratio of 95.7%. Total assets and total liabilities are €8.0 billion and €5.2 billion, respectively. Ferrari’s EBIT was 1.4 billion euros and its interest coverage ratio was 31.6. Cash and short-term investments amount to €1.1 billion. - Honda motor industry stock company
Market capitalization: $51.8 billion
Honda Motor Co., Ltd.’s total shareholder equity is 12,296.1 billion yen, total debt is 8,445 billion yen, and the debt-to-equity ratio is 68.7%. Total assets are 26,473.4 billion yen, and total liabilities are 14,077.3 billion yen. Honda’s EBIT is 953 billion yen, and its interest coverage ratio is -14.6. Cash and short-term investments amounted to 4,314.6 billion yen. - ford motor company
Market capitalization: $45.9 billion
Ford Motor Company has total stockholders’ equity of $43.6 billion and total debt of $143.2 billion, resulting in a debt-to-equity ratio of 328.5%. Total assets and total liabilities are $266 billion and $222.4 billion, respectively. Ford Motor Co.’s EBIT was $7.3 billion and its interest coverage ratio was 93.9. The company has $29.8 billion in cash and short-term investments. - Denso Corporation
Market capitalization: $45.87 billion
DENSO’s total shareholder equity is 5,043.1 billion yen, total debt is 929.5 billion yen, and the debt-to-equity ratio is 18.4%. His total assets are 8,124.1 billion yen, and his total liabilities are 3,081 billion yen. DENSO’s EBIT is 456.5 billion yen, and its interest coverage ratio is -10.1. Cash and short-term investments amounted to 920.5 billion yen.
This list includes the largest companies based on market capitalization or market capitalization, the total value of all outstanding shares, rather than other metrics such as sales. Market capitalization indicates the total value that investors place on a company because it takes into account not only the company’s current profitability, but also its expected future profitability.
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