NikolaCorp Total Assets from 2010 to 2024

NKLA Stock  USD 0.53  0  0.57%   
NikolaCorp's Total Assets are increasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 926.4 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2018-06-30
Previous Quarter
1.3 B
Current Value
1.2 B
Quarterly Volatility
468.3 M
 
Covid
Check NikolaCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NikolaCorp main balance sheet or income statement drivers, such as Interest Expense of 79.8 M, Income Tax Expense of 12.6 K or Tax Provision of 3.8 K, as well as many exotic indicators such as Price To Sales Ratio of 18.55, Dividend Yield of 0.0 or PTB Ratio of 0.92. NikolaCorp financial statements analysis is a perfect complement when working with NikolaCorp Valuation or Volatility modules.
  
This module can also supplement NikolaCorp's financial leverage analysis and stock options assessment as well as various NikolaCorp Technical models . Check out the analysis of NikolaCorp Correlation against competitors.
For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.

Latest NikolaCorp's Total Assets Growth Pattern

Below is the plot of the Total Assets of NikolaCorp over the last few years. Total assets refers to the total amount of NikolaCorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NikolaCorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. NikolaCorp's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NikolaCorp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.31 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

NikolaCorp Total Assets Regression Statistics

Arithmetic Mean524,768,928
Geometric Mean393,208,672
Coefficient Of Variation82.28
Mean Deviation385,246,614
Median236,545,520
Standard Deviation431,801,124
Sample Variance186452.2T
Range1.1B
R-Value0.80
Mean Square Error71426.8T
R-Squared0.64
Significance0.0003
Slope77,500,756
Total Sum of Squares2610331T

NikolaCorp Total Assets History

2024926.4 M
20231.3 B
20221.2 B
2021989.8 M
20201.1 B
2019229.4 M

Other Fundumenentals of NikolaCorp

NikolaCorp Total Assets component correlations

0.90.93-0.5-0.870.860.780.730.950.880.910.80.850.80.540.970.690.610.620.70.850.410.540.78
0.90.97-0.82-0.670.650.480.560.820.580.990.680.610.490.260.960.560.890.310.410.560.110.250.47
0.930.97-0.75-0.720.740.560.630.850.680.990.70.670.590.380.970.560.820.430.490.620.240.370.54
-0.5-0.82-0.750.21-0.230.07-0.27-0.39-0.05-0.79-0.31-0.120.080.21-0.64-0.19-0.960.210.01-0.030.320.240.09
-0.87-0.67-0.720.21-0.74-0.93-0.67-0.97-0.88-0.69-0.96-0.99-0.83-0.59-0.81-0.93-0.32-0.58-0.79-0.93-0.29-0.55-0.88
0.860.650.74-0.23-0.740.740.910.830.890.690.580.780.820.750.790.450.290.780.860.760.660.760.67
0.780.480.560.07-0.930.740.570.880.910.520.850.960.950.80.690.830.090.790.750.920.560.780.95
0.730.560.63-0.27-0.670.910.570.750.740.570.530.70.590.510.660.420.220.50.930.660.370.510.48
0.950.820.85-0.39-0.970.830.880.750.880.830.910.950.820.620.930.850.490.610.780.880.340.580.81
0.880.580.68-0.05-0.880.890.910.740.880.630.740.910.950.710.770.670.170.810.850.960.640.740.93
0.910.990.99-0.79-0.690.690.520.570.830.630.690.640.540.330.970.560.870.370.430.580.180.310.5
0.80.680.7-0.31-0.960.580.850.530.910.740.690.930.690.450.780.970.40.40.650.830.090.390.79
0.850.610.67-0.12-0.990.780.960.70.950.910.640.930.880.680.780.90.230.660.830.940.390.650.9
0.80.490.590.08-0.830.820.950.590.820.950.540.690.880.860.710.640.090.920.730.90.770.870.93
0.540.260.380.21-0.590.750.80.510.620.710.330.450.680.860.50.4-0.080.940.590.580.840.990.65
0.970.960.97-0.64-0.810.790.690.660.930.770.970.780.780.710.50.670.750.530.570.730.320.480.66
0.690.560.56-0.19-0.930.450.830.420.850.670.560.970.90.640.40.670.30.330.590.80.010.330.77
0.610.890.82-0.96-0.320.290.090.220.490.170.870.40.230.09-0.080.750.3-0.04-0.010.16-0.18-0.10.08
0.620.310.430.21-0.580.780.790.50.610.810.370.40.660.920.940.530.33-0.040.590.670.940.980.74
0.70.410.490.01-0.790.860.750.930.780.850.430.650.830.730.590.570.59-0.010.590.820.410.590.69
0.850.560.62-0.03-0.930.760.920.660.880.960.580.830.940.90.580.730.80.160.670.820.460.590.96
0.410.110.240.32-0.290.660.560.370.340.640.180.090.390.770.840.320.01-0.180.940.410.460.910.55
0.540.250.370.24-0.550.760.780.510.580.740.310.390.650.870.990.480.33-0.10.980.590.590.910.66
0.780.470.540.09-0.880.670.950.480.810.930.50.790.90.930.650.660.770.080.740.690.960.550.66
Click cells to compare fundamentals

About NikolaCorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NikolaCorp income statement, its balance sheet, and the statement of cash flows. NikolaCorp investors use historical funamental indicators, such as NikolaCorp's Total Assets, to determine how well the company is positioned to perform in the future. Although NikolaCorp investors may use each financial statement separately, they are all related. The changes in NikolaCorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NikolaCorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NikolaCorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NikolaCorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets1.3 B926.4 M
Intangibles To Total Assets 0.07  0.13 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether NikolaCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NikolaCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nikolacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nikolacorp Stock:
Check out the analysis of NikolaCorp Correlation against competitors.
For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for NikolaCorp Stock analysis

When running NikolaCorp's price analysis, check to measure NikolaCorp'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 NikolaCorp is operating at the current time. Most of NikolaCorp's value examination focuses on studying past and present price action to predict the probability of NikolaCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NikolaCorp's price. Additionally, you may evaluate how the addition of NikolaCorp to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Valuation
Check real value of public entities based on technical and fundamental data
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is NikolaCorp's industry 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 NikolaCorp. If investors know NikolaCorp 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 NikolaCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.06)
Revenue Per Share
0.033
Quarterly Revenue Growth
(0.30)
Return On Assets
(0.35)
Return On Equity
(1.53)
The market value of NikolaCorp is measured differently than its book value, which is the value of NikolaCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NikolaCorp's value that differs from its market value or its book value, called intrinsic value, which is NikolaCorp'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 NikolaCorp's market value can be influenced by many factors that don't directly affect NikolaCorp'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 NikolaCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NikolaCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NikolaCorp'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.