Nikolacorp Stock Total Debt

NKLA Stock  USD 0.53  0.02  3.64%   
NikolaCorp fundamentals help investors to digest information that contributes to NikolaCorp's financial success or failures. It also enables traders to predict the movement of NikolaCorp Stock. The fundamental analysis module provides a way to measure NikolaCorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NikolaCorp stock.
The current year's Total Debt To Capitalization is expected to grow to 0.27.
  
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NikolaCorp Company Total Debt Analysis

NikolaCorp's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current NikolaCorp Total Debt

    
  284.86 M  
Most of NikolaCorp's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NikolaCorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NikolaCorp Total Debt Driver Correlations

Understanding the fundamental principles of building solid financial models for NikolaCorp is extremely important. It helps to project a fair market value of NikolaCorp Stock properly, considering its historical fundamentals such as Total Debt. Since NikolaCorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NikolaCorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NikolaCorp's interrelated accounts and indicators.
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NikolaCorp Total Debt Historical Pattern

Today, most investors in NikolaCorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NikolaCorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NikolaCorp total debt as a starting point in their analysis.
   NikolaCorp Total Debt   
       Timeline  
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

NikolaCorp Net Debt

Net Debt

(190.13 Million)

At present, NikolaCorp's Net Debt is projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, NikolaCorp has a Total Debt of 284.86 M. This is 85.33% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The total debt for all United States stocks is 94.64% higher than that of the company.

NikolaCorp Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NikolaCorp's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NikolaCorp could also be used in its relative valuation, which is a method of valuing NikolaCorp by comparing valuation metrics of similar companies.
NikolaCorp is currently under evaluation in total debt category among related companies.

NikolaCorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of NikolaCorp from analyzing NikolaCorp's financial statements. These drivers represent accounts that assess NikolaCorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NikolaCorp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.7B5.1B3.9B954.3M699.9M664.9M
Enterprise Value2.6B4.3B3.5B1.1B518.8M492.8M

NikolaCorp Institutional Holders

Institutional Holdings refers to the ownership stake in NikolaCorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NikolaCorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NikolaCorp's value.
Shares
Morgan Stanley - Brokerage Accounts2023-12-31
4.5 M
Susquehanna International Group, Llp2023-12-31
4.3 M
Mirae Asset Global Investments (korea) Co Ltd2023-12-31
4.2 M
The Toronto-dominion Bank2023-12-31
4.2 M
Alps Advisors Inc2023-12-31
3.3 M
Weiss Asset Management Lp2023-12-31
M
Bank Of New York Mellon Corp2023-12-31
2.6 M
Goldman Sachs Group Inc2023-12-31
2.3 M
Swiss National Bank2023-12-31
2.1 M
Norges Bank2023-12-31
107 M
Vanguard Group Inc2023-12-31
77.1 M

NikolaCorp Fundamentals

About NikolaCorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NikolaCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NikolaCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NikolaCorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 NikolaCorp Piotroski F Score and NikolaCorp Altman Z Score analysis.
For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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.