Nikola Corp Financials

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Nikola Corp Stock Summary

Nikola Corp competes with Lion Electric, Xos, Hydrofarm Holdings, Caterpillar, and AGCO. Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 900 people.

Nikola Corp Key Financial Ratios

Nikola Corp's financial ratios allow both analysts and investors to convert raw data from Nikola Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Nikola Corp over time and compare it to other companies across industries.

Nikola Corp Key Balance Sheet Accounts

Nikola Corp Key Income Statement Accounts

Nikola Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nikola Corp's current stock value. Our valuation model uses many indicators to compare Nikola Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nikola Corp competition to find correlations between indicators driving Nikola Corp's intrinsic value. More Info.Nikola Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Nikola Corp's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nikola Corp's earnings, one of the primary drivers of an investment's value.

Nikola Corp Systematic Risk

Today, most investors in Nikola Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nikola Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nikola Corp growth as a starting point in their analysis.

Along with financial statement analysis, the daily predictive indicators of Nikola Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nikola Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nikola Corp based on widely used predictive technical indicators. In general, we focus on analyzing Nikola Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nikola Corp's daily price indicators and compare them against related drivers.

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.