Nikola Financial Statements From 2010 to 2024

NKLA Stock  USD 2.10  0.08  3.96%   
Nikola Corp financial statements provide useful quarterly and yearly information to potential Nikola Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nikola Corp financial statements helps investors assess Nikola Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nikola Corp's valuation are summarized below:
Gross Profit
-104.8 M
Market Capitalization
123 M
Enterprise Value Revenue
3.6737
Revenue
75.5 M
Earnings Share
(12.34)
We have found one hundred twenty available fundamental ratios for Nikola Corp, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of Nikola Corp last-minute market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. As of November 25, 2024, Market Cap is expected to decline to about 663.4 M. In addition to that, Enterprise Value is expected to decline to about 491.4 M

Nikola Corp Total Revenue

37.63 Million

Check Nikola Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nikola Corp's main balance sheet or income statement drivers, such as Interest Expense of 79.8 M, Income Tax Expense of 12.6 K or Tax Provision of 3.8 K, as well as many indicators such as Price To Sales Ratio of 18.51, Dividend Yield of 0.0 or PTB Ratio of 0.92. Nikola financial statements analysis is a perfect complement when working with Nikola Corp Valuation or Volatility modules.
  
Check out the analysis of Nikola Corp Correlation against competitors.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.

Nikola Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets920.5 M1.3 B522.3 M
Slightly volatile
Total Current Liabilities163.8 M260.1 M70.8 M
Slightly volatile
Total Stockholder Equity615.6 M719.2 M390.5 M
Slightly volatile
Other Liabilities7.4 M7.7 M14.6 M
Pretty Stable
Accounts Payable47.5 M44.1 M20.4 M
Slightly volatile
Cash389.5 M465.9 M168.2 M
Slightly volatile
Non Current Assets Total501.1 M702.4 M466.5 M
Pretty Stable
Cash And Short Term Investments389.5 M465.9 M168.2 M
Slightly volatile
Common Stock Total Equity34.9 K58.6 K17.2 K
Slightly volatile
Common Stock Shares Outstanding25.3 M26.7 M159.5 M
Slightly volatile
Liabilities And Stockholders Equity920.5 M1.3 B522.3 M
Slightly volatile
Capital Surpluse3.1 B2.9 B809.5 M
Slightly volatile
Other Current Assets30 M16.2 M18.1 M
Slightly volatile
Total Liabilities304.9 M555.7 M131.7 M
Slightly volatile
Total Current Assets462.6 M572.4 M199.7 M
Slightly volatile
Common Stock139.7 K133 K29.1 K
Slightly volatile
Property Plant Equipment564.7 M537.8 M140.9 M
Slightly volatile
Short and Long Term Debt Total158 M284.9 M61.3 M
Slightly volatile
Property Plant And Equipment Net288.1 M503.4 M138.5 M
Slightly volatile
Long Term Debt112.6 M141.4 M38.9 M
Slightly volatile
Good Will6.1 M5.2 M5.4 M
Slightly volatile
Capital Lease Obligations147.9 M140.9 M26.4 M
Slightly volatile
Net Invested Capital791.8 M863.1 M412.5 M
Slightly volatile
Property Plant And Equipment Gross308.3 M547.4 M146 M
Slightly volatile
Capital Stock139.7 K133 K44.9 K
Slightly volatile
Non Current Liabilities Other31.8 M21.5 M19.1 M
Slightly volatile
Net Working Capital260.6 M312.3 M170.6 M
Slightly volatile
Short Term Debt16.8 M10.8 M6.6 M
Slightly volatile
Intangible Assets85.5 M85.9 M69.1 M
Slightly volatile
Deferred Long Term Liabilities12.5 K17.2 K9.6 K
Slightly volatile
Short and Long Term Debt2.4 M2.6 M7.4 M
Pretty Stable
Current Deferred Revenue17.8 M11.1 M10.5 M
Slightly volatile
Long Term Debt Total174.2 M335.4 M73.4 M
Slightly volatile

Nikola Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income172.7 K181.8 K2.2 M
Slightly volatile
Depreciation And Amortization37.7 M35.9 M8.1 M
Slightly volatile
Selling General Administrative210.3 M196.8 M90.7 M
Slightly volatile
Selling And Marketing Expenses1.7 M1.8 MM
Slightly volatile
Total Revenue37.6 M35.8 M8.4 M
Slightly volatile
Other Operating Expenses496.1 M685.7 M251.2 M
Slightly volatile
Research Development199.2 M208.2 M116.8 M
Slightly volatile
Cost Of Revenue262.4 M249.9 M44.6 M
Slightly volatile
Total Operating Expenses421.7 M435.8 M219.1 M
Slightly volatile
Reconciled Depreciation37.4 M35.6 M7.9 M
Slightly volatile
Preferred Stock And Other Adjustments10.7 M12.1 M13.1 M
Slightly volatile
Non Recurring11.5 M13 M14.1 M
Slightly volatile

Nikola Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation37.7 M35.9 M7.8 M
Slightly volatile
Capital Expenditures85.9 M120.5 M43.1 M
Slightly volatile
Total Cash From Financing Activities434.3 M743 M234.5 M
Slightly volatile
End Period Cash Flow385.9 M465.9 M204.2 M
Slightly volatile
Stock Based Compensation124.7 M75.4 M55.7 M
Slightly volatile
Begin Period Cash Flow349 M236.4 M167 M
Slightly volatile
Issuance Of Capital Stock205.7 M342.9 M200 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio18.5119.48559.8 K
Pretty Stable
PTB Ratio0.920.9717.4759
Slightly volatile
Days Sales Outstanding368277421
Slightly volatile
Book Value Per Share47.727.022737.1672
Slightly volatile
Average Payables2.3 M2.6 M2.8 M
Slightly volatile
Stock Based Compensation To Revenue2.02.1036247
Slightly volatile
Capex To Depreciation3.193.35797.6891
Pretty Stable
PB Ratio0.920.9717.4759
Slightly volatile
EV To Sales13.7114.43313.3 K
Very volatile
Inventory Turnover4.193.99290.6507
Slightly volatile
Days Of Inventory On Hand86.8491.412920.6 K
Pretty Stable
Payables Turnover5.955.66260.9415
Slightly volatile
Sales General And Administrative To Revenue5.225.4903410
Slightly volatile
Research And Ddevelopement To Revenue5.525.8082382
Slightly volatile
Capex To Revenue3.193.3627155
Pretty Stable
Cash Per Share21.2517.569212.1133
Slightly volatile
Days Payables Outstanding61.2464.458442.3 K
Slightly volatile
Income Quality0.740.57390.7215
Slightly volatile
Intangibles To Total Assets0.120.07150.0934
Pretty Stable
Current Ratio2.092.20072.9356
Pretty Stable
Tangible Book Value Per Share41.6123.599833.2912
Pretty Stable
Receivables Turnover0.981.31770.9628
Slightly volatile
Graham Number136149118
Slightly volatile
Shareholders Equity Per Share47.727.022737.1672
Slightly volatile
Debt To Equity0.220.35010.1012
Slightly volatile
Capex Per Share4.374.52842.9611
Slightly volatile
Revenue Per Share1.411.34660.4551
Slightly volatile
Interest Debt Per Share7.9612.31593.5925
Slightly volatile
Debt To Assets0.10.19750.054
Slightly volatile
Operating Cycle35036820.7 K
Pretty Stable
Price Book Value Ratio0.920.9717.4759
Slightly volatile
Days Of Payables Outstanding61.2464.458442.3 K
Slightly volatile
Ebt Per Ebit0.851.30531.0675
Slightly volatile
Company Equity Multiplier1.181.77271.2004
Slightly volatile
Long Term Debt To Capitalization0.140.25250.0681
Slightly volatile
Total Debt To Capitalization0.140.25930.0716
Slightly volatile
Debt Equity Ratio0.220.35010.1012
Slightly volatile
Net Income Per E B T0.81.13920.95
Slightly volatile
Cash Ratio1.71.79132.7003
Pretty Stable
Days Of Inventory Outstanding86.8491.412920.6 K
Pretty Stable
Days Of Sales Outstanding368277421
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.051.24291.2149
Slightly volatile
Price To Book Ratio0.920.9717.4759
Slightly volatile
Fixed Asset Turnover0.07480.07120.0236
Slightly volatile
Debt Ratio0.10.19750.054
Slightly volatile
Price Sales Ratio18.5119.48559.8 K
Pretty Stable
Asset Turnover0.02950.02810.0072
Slightly volatile
Price Fair Value0.920.9717.4759
Slightly volatile

Nikola Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap663.4 M698.3 M2.2 B
Pretty Stable
Enterprise Value491.4 M517.3 M2.4 B
Slightly volatile

Nikola Fundamental Market Drivers

Cash And Short Term Investments465.9 M

Nikola Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Nikola Corp Financial Statements

Nikola Corp stakeholders use historical fundamental indicators, such as Nikola Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nikola Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nikola Corp's assets and liabilities are reflected in the revenues and expenses on Nikola Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nikola Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue11.1 M17.8 M
Total Revenue35.8 M37.6 M
Cost Of Revenue249.9 M262.4 M
Stock Based Compensation To Revenue 2.10  2.00 
Sales General And Administrative To Revenue 5.49  5.22 
Research And Ddevelopement To Revenue 5.81  5.52 
Capex To Revenue 3.36  3.19 
Revenue Per Share 1.35  1.41 
Ebit Per Revenue(18.13)(19.04)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nikola Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nikola Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nikola Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nikola Corp Stock:
Check out the analysis of Nikola Corp Correlation against competitors.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nikola Corp. If investors know Nikola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nikola Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.34)
Revenue Per Share
1.691
Quarterly Revenue Growth
1.039
Return On Assets
(0.31)
Return On Equity
(1.29)
The market value of Nikola Corp is measured differently than its book value, which is the value of Nikola that is recorded on the company's balance sheet. Investors also form their own opinion of Nikola Corp's value that differs from its market value or its book value, called intrinsic value, which is Nikola Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nikola Corp's market value can be influenced by many factors that don't directly affect Nikola Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nikola Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nikola Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nikola Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.