Nikola Corp Annual Return On Assets in % from 2019 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Nikola Corp quarterly/annual Return On Assets history and growth rate from 2019 to 2023.
  • Nikola Corp Return On Assets for the quarter ending September 30, 2024 was -55.5 %, a 37.2% increase year-over-year.
  • Nikola Corp annual Return On Assets for 2023 was -81.9 %, a 16.8% decline from 2022.
  • Nikola Corp annual Return On Assets for 2022 was -70.1 %, a 0.52% decline from 2021.
  • Nikola Corp annual Return On Assets for 2021 was -69.8 %, a 58% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -81.9 -11.8 -16.8% Jan 1, 2023 Dec 31, 2023
2022 -70.1 -0.36 -0.52% Jan 1, 2022 Dec 31, 2022
2021 -69.8 -25.6 -58% Jan 1, 2021 Dec 31, 2021
2020 -44.2 -6.56 -17.4% Jan 1, 2020 Dec 31, 2020
2019 -37.6 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.