Nikola Corp Net Worth
Nikola Corp Net Worth Breakdown | NKLA |
Nikola Corp Net Worth Analysis
Nikola Corp's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Nikola Corp's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Nikola Corp's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Nikola Corp's net worth analysis. One common approach is to calculate Nikola Corp's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Nikola Corp's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Nikola Corp's net worth. This approach calculates the present value of Nikola Corp's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Nikola Corp's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Nikola Corp's net worth. This involves comparing Nikola Corp's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Nikola Corp's net worth relative to its peers.
Enterprise Value |
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To determine if Nikola Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nikola Corp's net worth research are outlined below:
| Nikola Corp generated a negative expected return over the last 90 days | |
| Nikola Corp has high historical volatility and very poor performance | |
| Nikola Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 35.84 M. Net Loss for the year was (864.62 M) with loss before overhead, payroll, taxes, and interest of (104.76 M). | |
| Nikola Corp currently holds about 319.94 M in cash with (496.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. | |
| Latest headline from finance.yahoo.com: Nikola leader talks future of hydrogen-powered trucks in US |
Nikola Corp Quarterly Good Will |
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Nikola Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nikola Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nikola Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
Know Nikola Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nikola Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nikola Corp backward and forwards among themselves. Nikola Corp's institutional investor refers to the entity that pools money to purchase Nikola Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 258.2 K | Balyasny Asset Management Llc | 2024-09-30 | 234.1 K | Citigroup Inc | 2024-09-30 | 231.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 224.1 K | Susquehanna International Group, Llp | 2024-06-30 | 181.7 K | Coatue Management Llc | 2024-09-30 | 173.9 K | Amundi | 2024-06-30 | 153.2 K | Tidal Investments Llc. | 2024-09-30 | 140.5 K | Northern Trust Corp | 2024-09-30 | 105.9 K | Norges Bank | 2024-06-30 | 3.5 M | Vanguard Group Inc | 2024-09-30 | 2.3 M |
Follow Nikola Corp's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 122.95 M.Market Cap |
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Project Nikola Corp's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.82) | (0.86) | |
| Return On Capital Employed | (0.64) | (0.67) | |
| Return On Assets | (0.76) | (0.80) | |
| Return On Equity | (1.34) | (1.41) |
When accessing Nikola Corp's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Nikola Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nikola Corp's profitability and make more informed investment decisions.
Please note, the presentation of Nikola Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nikola Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nikola Corp's management manipulating its earnings.
Evaluate Nikola Corp's management efficiency
Nikola Corp 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 27.02 | 47.70 | |
| Tangible Book Value Per Share | 23.60 | 41.61 | |
| Enterprise Value Over EBITDA | (0.70) | (0.74) | |
| Price Book Value Ratio | 0.97 | 0.92 | |
| Enterprise Value Multiple | (0.70) | (0.74) | |
| Price Fair Value | 0.97 | 0.92 | |
| Enterprise Value | 517.3 M | 491.4 M |
The decision-making processes within Nikola Corp are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 3.6737 | Revenue 75.5 M | Quarterly Revenue Growth 1.039 | Revenue Per Share 1.691 | Return On Equity (1.29) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nikola Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nikola Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nikola Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nikola Corp Corporate Filings
| 22nd of November 2024 Other Reports | ViewVerify | |
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F3 | 24th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Nikola Corp Earnings per Share Projection vs Actual
Nikola Corp Corporate Management
| Mary MSc | Chief Officer | Profile | |
| Thomas Okray | Chief Officer | Profile | |
| Bruce Kurtt | Senior Operations | Profile | |
| Henry Kwon | Director Relations | Profile | |
| Brian Hoog | Corporate Controller | Profile | |
| Soei Shin | Head Relations | Profile |
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. For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.