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One of our tenant shows below storage figures ( 42.88 TB available of 49.24 TB)

Can someone please help me understand what these storage figures mean?

is this total of all site collections? i.e

Sharepoint Site collection (one with /sites) + Personal sites (/personal , One Drive For business) + Office 365 video site (/Portal) + Office 365 group sites (/teams)

or its just sharepoint site collections and One drive for business, groups sites are calculated separately ?

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Base on you screenshot, it display the total storage of all site collections. Not included personal site and one drive.

Refer to the articles:

SharePoint Online Limits

Manage site collection storage limits

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