Nikola Corp financial data

Symbol
NKLA on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
4141 E Broadway Road, Phoenix, AZ
State of incorporation
DE
Fiscal year end
December 31
Former names
VectoIQ Acquisition Corp. (to 6/3/2020)
Latest financial report
10-Q - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 162 % +17%
Quick Ratio 22.8 % -28.6%
Debt-to-equity 107 % -5.15%
Return On Equity -115 % +38.9%
Return On Assets -55.5 % +37.2%
Operating Margin -1.62K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 60.9M shares -94%
Common Stock, Shares, Outstanding 55.3M shares -94.4%
Entity Public Float 1B USD -23.1%
Common Stock, Value, Issued 6K USD -93.9%
Weighted Average Number of Shares Outstanding, Basic 51.4M shares +79.8%
Weighted Average Number of Shares Outstanding, Diluted 51.4M shares +79.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 15.4M USD -15.3%
Cost of Revenue 1.46M USD +4753%
Research and Development Expense 161M USD -31.2%
Operating Income (Loss) -583M USD +13.1%
Income Tax Expense (Benefit) 103K USD +2475%
Net Income (Loss) Attributable to Parent -635M USD +38.7%
Earnings Per Share, Basic 16.4 USD/shares +73.9%
Earnings Per Share, Diluted 16.4 USD/shares +73.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 198M USD -45.3%
Accounts Receivable, after Allowance for Credit Loss, Current 51.8M USD +384%
Inventory, Net 76.1M USD +33.6%
Other Assets, Current 2.89M USD
Assets, Current 392M USD -16.8%
Property, Plant and Equipment, Net 490M USD +4.34%
Operating Lease, Right-of-Use Asset 6.36M USD -19.9%
Intangible Assets, Net (Excluding Goodwill) 52.1M USD -40.6%
Goodwill 0 USD -100%
Other Assets, Noncurrent 12.6M USD +6.25%
Assets 1.04B USD -9.78%
Employee-related Liabilities, Current 8.24M USD +42.2%
Liabilities, Current 336M USD +14.5%
Long-term Debt and Lease Obligation 270M USD +16.2%
Deferred Income Tax Liabilities, Net 22K USD +46.7%
Operating Lease, Liability, Noncurrent 6.81M USD +35.5%
Other Liabilities, Noncurrent 44.2M USD +212%
Liabilities 657M USD +20.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -216K USD -515%
Retained Earnings (Accumulated Deficit) -3.55B USD -21.8%
Stockholders' Equity Attributable to Parent 379M USD -37.2%
Liabilities and Equity 1.04B USD -9.78%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -116M USD +34.3%
Net Cash Provided by (Used in) Financing Activities -5.06M USD -104%
Net Cash Provided by (Used in) Investing Activities 4.94M USD
Common Stock, Shares Authorized 1B shares -37.5%
Common Stock, Shares, Issued 55.3M shares -94.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -116M USD -4.61%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 218M USD -44.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.9M USD +94.4%
Deferred Tax Assets, Valuation Allowance 598M USD +37.1%
Deferred Tax Assets, Gross 629M USD +36.2%
Operating Lease, Liability 6.63M USD -17.8%
Depreciation 32.9M USD +18.3%
Payments to Acquire Property, Plant, and Equipment 16.5M USD -67.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -635M USD +38.5%
Lessee, Operating Lease, Liability, to be Paid 8.02M USD -18.3%
Operating Lease, Liability, Current 2.89M USD +18.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.36M USD -31.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.19M USD -8.77%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.39M USD -20.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.29M USD +13.9%
Deferred Tax Assets, Operating Loss Carryforwards 397M USD +25.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 150M shares 0%
Unrecognized Tax Benefits 22.8M USD +25.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 520K USD -53.6%
Additional Paid in Capital 3.93B USD +11.7%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 7.4M USD -1.33%
Depreciation, Depletion and Amortization 10.6M USD +69.9%
Deferred Tax Assets, Net of Valuation Allowance 31.8M USD +21%
Share-based Payment Arrangement, Expense 31.8M USD -71.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%