Thomas Schmitt - Nikola Corp Chief Officer

NKLA Stock  USD 2.10  0.08  3.96%   

Executive

Thomas Schmitt is Chief Officer of Nikola Corp
Age 59
Address 4141 East Broadway Road, Phoenix, AZ, United States, 85040
Phone480 581 8888
Webhttps://www.nikolamotor.com

Thomas Schmitt Latest Insider Activity

Tracking and analyzing the buying and selling activities of Thomas Schmitt against Nikola Corp stock is an integral part of due diligence when investing in Nikola Corp. Thomas Schmitt insider activity provides valuable insight into whether Nikola Corp is net buyers or sellers over its current business cycle. Note, Nikola Corp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nikola Corp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Nikola Corp Management Efficiency

The company has return on total asset (ROA) of (0.3086) % which means that it has lost $0.3086 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.2918) %, meaning that it created substantial loss on money invested by shareholders. Nikola Corp's management efficiency ratios could be used to measure how well Nikola Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of November 26, 2024, Return On Tangible Assets is expected to decline to -0.86. In addition to that, Return On Capital Employed is expected to decline to -0.67. At present, Nikola Corp's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 192.6 M, whereas Total Assets are forecasted to decline to about 920.5 M.
Nikola Corp currently holds 284.86 M in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Nikola Corp has a current ratio of 1.72, which is within standard range for the sector. Note, when we think about Nikola Corp's use of debt, we should always consider it together with its cash and equity.

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Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 900 people. Nikola Corp (NKLA) is traded on NASDAQ Exchange in USA. It is located in 4141 East Broadway Road, Phoenix, AZ, United States, 85040 and employs 870 people. Nikola Corp is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification.

Management Performance

Nikola Corp Leadership Team

Elected by the shareholders, the Nikola Corp's board of directors comprises two types of representatives: Nikola Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nikola. The board's role is to monitor Nikola Corp's management team and ensure that shareholders' interests are well served. Nikola Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nikola Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary MSc, Chief Officer
Thomas Okray, Chief Officer
Bruce Kurtt, Senior Operations
Henry Kwon, Director Relations
Stephen Girsky, President, CFO
Brian Hoog, Corporate Controller
Soei Shin, Head Relations
Britton Esq, Chief Secretary
Joseph Cappello, President Energy
Joseph Pike, Chief Officer
Umran Ashraf, Global Engineering
Kim Brady, Chief Officer
Dhillon Sandhu, Investor Lead
Dirk Hoefelmann, President Energy
Thomas Schmitt, Chief Officer
Michael Erickson, Global BEV
Mark Duchesne, Global Manufacturing
Ryan McGeachie, President Energy
Pablo Koziner, Pres Commercial
Michael Lohscheller, CEO Pres

Nikola Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nikola Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nikola Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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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.