Quick Takeaways
- NKLAQ - Nikola Corp financial facts are built from SEC company filings data.
- Latest metrics period on this page: Q3 2025.
- Headline metric: Return On Invested Capital -201%.
- Info
- Insider Trading
- Financials
Nikola Corp financial metrics
Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q3 2025.
- Symbol
- NKLAQ
- Location
- Phoenix, AZ
- Fiscal year end
- 31 December
- Latest financial report
- 09 Oct 2025
What Changed
- Return On Invested Capital YoY change: <span class="text-green-600">+118%</span>.
- Most recent SEC facts end date: 07 Oct 2025.
Why This Matters
- This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
- Every metric card links to a deeper SEC-backed history page for verification.
Official SEC Source
Based on latest 10-Q/10-K
Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.
See Original FilingLatest SEC snapshot (2025-10-07) highlights Return On Invested Capital -201.2%, Return On Equity -231.8%, and Return On Assets -102.4%.
Financial Quality Score
Transparent 0-100 scoring model based on profitability, financial health, and growth factors.
26.4/100
Weak Confidence high
Return On Invested Capital
-201%
Metric score 0.0/100
Return On Equity
-232%
Metric score 0.0/100
Return On Assets
-102%
Metric score 0.0/100
Financial Health
- Current Ratio
- 1.08x
- Quick Ratio
- 0.56x
- Debt to Equity
- 1.79x
Strengths
Current Ratio and Quick Ratio
Watchpoints
Return On Invested Capital, Return On Equity, and Return On Assets
Key metrics snapshot
Return On Invested Capital
-201%
YoY: +118%
Return On Equity
-232%
YoY: +49%
Industry median: -29% (n=28)
Return On Assets
-102%
YoY: +33%
Industry median: -23% (n=28)
Current Ratio
1.08x
YoY: -51%
Industry median: 1.25x (n=28)
Quick Ratio
0.56x
YoY: -70%
Industry median: 0.44x (n=24)
Debt-to-equity
1.79x
YoY: +379%
Industry median: 1.41x (n=19)
NetIncomeLoss YoY
0.83%
YoY:
Industry median: -6.5% (n=26)
Profitability
| Metric | Latest value | YoY change |
|---|---|---|
| Return On Invested Capital | -201% | +118% |
| Return On Equity | -232% | +49% |
| Return On Assets | -102% | +33% |
Financial Health
| Metric | Latest value | YoY change |
|---|---|---|
| Current Ratio | 1.08x | -51% |
| Quick Ratio | 0.56x | -70% |
| Debt-to-equity | 1.79x | +379% |
Growth
| Metric | Latest value | YoY change |
|---|---|---|
| NetIncomeLoss YoY | 0.83% |
Share Metrics
| Metric | Latest value | YoY change |
|---|---|---|
| Entity Common Stock, Shares Outstanding | 119,434,873 | +96% |
How we score
This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.
| Metric | Weight | V1 threshold |
|---|---|---|
| ROIC | 20 | 5% to 20% |
| ROE | 15 | 8% to 25% |
| ROA | 10 | 2% to 10% |
| Operating Margin | 5 | 5% to 25% |
| Current Ratio | 12 | 1.0x to 2.0x |
| Quick Ratio | 8 | 0.8x to 1.5x |
| Debt to Equity | 10 | 0.3x to 2.0x (lower is better) |
| Revenue YoY | 10 | -10% to +20% |
| Net Income YoY | 10 | -10% to +20% |
How Calculated (standard_v1)
Metrics are computed with a market-consensus convention designed for cross-portal comparability.
- TTM Operating Income / TTM Revenues
- Current Assets / Current Liabilities (latest instant quarter)
- (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
- Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
- TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
- TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
- TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
- TTM Revenues YoY
- TTM Net Income YoY