Nikola Corp Company Insiders

Nikola Corp Management Team Effectiveness

The company has return on total asset (ROA) of (0.3458) % which means that it has lost $0.3458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5318) %, 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 July 27, 2024, Return On Tangible Assets is expected to decline to -0.83. In addition to that, Return On Capital Employed is expected to decline to -0.64. 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 926.4 M. As of July 27, 2024, Common Stock Shares Outstanding is expected to decline to about 451.9 M. The current year's Net Loss is expected to grow to about (670.5 M)

Nikola Corp Workforce Comparison

Nikola Corp Insider Trading History

Nikola Corp Notable Stakeholders

The success or failure of an entity such as Nikola Corp often depends on how effective the management is. Nikola Corp management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Nikola management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Nikola management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.

The data published in Nikola Corp's official financial statements typically reflect Nikola Corp's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Nikola Corp's quantitative information. For example, before you start analyzing numbers published by Nikola accountants, it's essential to understand Nikola Corp's liquidity, profitability, and earnings quality within the context of the Machinery space in which it operates.

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.

When running Nikola Corp's price analysis, check to measure Nikola Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nikola Corp is operating at the current time. Most of Nikola Corp's value examination focuses on studying past and present price action to predict the probability of Nikola Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nikola Corp's price. Additionally, you may evaluate how the addition of Nikola Corp to your portfolios can decrease your overall portfolio volatility.