Nikola Historical Balance Sheet

NKLA Stock  USD 9.98  0.01  0.10%   
Trend analysis of Nikola Corp balance sheet accounts such as Total Stockholder Equity of 615.6 M provides information on Nikola Corp's total assets, liabilities, and equity, which is the actual value of Nikola Corp to its prevalent stockholders. By breaking down trends over time using Nikola Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Nikola Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nikola Corp is a good buy for the upcoming year.

Nikola Corp Inventory

37.06 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nikola Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.

About Nikola Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Nikola Corp at a specified time, usually calculated after every quarter, six months, or one year. Nikola Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nikola Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nikola currently owns. An asset can also be divided into two categories, current and non-current.

Nikola Corp Balance Sheet Chart

At present, Nikola Corp's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 52 M, whereas Total Assets are forecasted to decline to about 926.4 M.

Total Assets

Total assets refers to the total amount of Nikola Corp 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 Nikola Corp 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. 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.

Total Current Liabilities

Total Current Liabilities is an item on Nikola Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nikola Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Nikola Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nikola Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nikola Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.At present, Nikola Corp's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 52 M, whereas Total Assets are forecasted to decline to about 926.4 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity693.6M526.5M719.2M615.6M
Total Current Liabilities180.6M383.6M260.1M163.8M

Nikola Corp balance sheet Correlations

0.850.890.90.190.93-0.5-0.870.860.840.380.870.90.840.780.950.860.730.830.950.730.630.920.880.910.8
0.850.90.610.080.67-0.12-0.990.790.540.590.780.890.540.960.830.870.71.00.950.810.70.960.910.640.93
0.890.90.610.190.7-0.09-0.860.940.520.640.850.850.520.890.870.80.790.910.880.930.870.840.990.650.71
0.90.610.610.20.97-0.82-0.670.650.990.030.730.760.990.480.820.680.560.570.820.380.290.780.580.990.68
0.190.080.190.20.21-0.3-0.080.410.220.00.210.160.22-0.130.210.080.720.030.16-0.090.090.120.130.170.01
0.930.670.70.970.21-0.75-0.720.740.970.020.870.870.970.560.920.710.630.630.850.490.370.820.680.990.7
-0.5-0.12-0.09-0.82-0.3-0.750.21-0.23-0.880.49-0.4-0.41-0.880.07-0.48-0.27-0.27-0.04-0.390.20.25-0.38-0.05-0.79-0.31
-0.87-0.99-0.86-0.67-0.08-0.720.21-0.74-0.61-0.52-0.78-0.91-0.61-0.93-0.85-0.91-0.67-0.98-0.97-0.74-0.61-0.98-0.88-0.69-0.96
0.860.790.940.650.410.74-0.23-0.740.590.480.860.810.590.740.830.620.910.790.830.810.840.770.890.690.58
0.840.540.520.990.220.97-0.88-0.610.59-0.130.730.751.00.390.810.620.520.480.760.280.170.730.50.990.64
0.380.590.640.030.00.020.49-0.520.48-0.130.150.22-0.130.660.240.50.410.620.440.740.80.380.680.00.33
0.870.780.850.730.210.87-0.4-0.780.860.730.150.960.730.730.950.70.730.770.840.710.570.840.820.80.72
0.90.890.850.760.160.87-0.41-0.910.810.750.220.960.750.820.970.820.710.880.930.690.530.950.840.820.89
0.840.540.520.990.220.97-0.88-0.610.591.0-0.130.730.750.390.810.620.520.480.760.280.170.730.50.990.64
0.780.960.890.48-0.130.560.07-0.930.740.390.660.730.820.390.750.80.570.980.880.90.780.880.910.520.85
0.950.830.870.820.210.92-0.48-0.850.830.810.240.950.970.810.750.860.710.810.910.70.530.910.870.870.81
0.860.870.80.680.080.71-0.27-0.910.620.620.50.70.820.620.80.860.550.850.870.660.470.890.850.690.88
0.730.70.790.560.720.63-0.27-0.670.910.520.410.730.710.520.570.710.550.670.750.580.670.690.740.570.53
0.831.00.910.570.030.63-0.04-0.980.790.480.620.770.880.480.980.810.850.670.930.850.740.940.930.60.9
0.950.950.880.820.160.85-0.39-0.970.830.760.440.840.930.760.880.910.870.750.930.730.630.990.880.830.91
0.730.810.930.38-0.090.490.2-0.740.810.280.740.710.690.280.90.70.660.580.850.730.930.690.940.430.57
0.630.70.870.290.090.370.25-0.610.840.170.80.570.530.170.780.530.470.670.740.630.930.550.850.320.39
0.920.960.840.780.120.82-0.38-0.980.770.730.380.840.950.730.880.910.890.690.940.990.690.550.850.80.96
0.880.910.990.580.130.68-0.05-0.880.890.50.680.820.840.50.910.870.850.740.930.880.940.850.850.630.74
0.910.640.650.990.170.99-0.79-0.690.690.990.00.80.820.990.520.870.690.570.60.830.430.320.80.630.69
0.80.930.710.680.010.7-0.31-0.960.580.640.330.720.890.640.850.810.880.530.90.910.570.390.960.740.69
Click cells to compare fundamentals

Nikola Corp Account Relationship Matchups

Nikola Corp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets229.4M1.1B989.8M1.2B1.3B926.4M
Other Current Liab10.8M18.8M85.2M173.4M196.5M206.3M
Total Current Liabilities16.5M52.3M180.6M383.6M260.1M163.8M
Total Stockholder Equity195.5M987.5M693.6M526.5M719.2M615.6M
Other Liab13.3M8K88.3M6.7M7.7M7.4M
Net Tangible Assets127.8M932.2M591.2M526.5M605.5M454.9M
Net Debt(80.9M)(822.9M)(469.8M)149.6M(181.1M)(190.1M)
Retained Earnings(188.5M)(573.6M)(1.3B)(2.0B)(3.1B)(2.9B)
Accounts Payable5.1M29.4M87.0M117.9M44.1M52.0M
Cash85.7M840.9M497.2M233.4M465.9M389.5M
Non Current Assets Total138.5M156.8M465.1M799.7M734.7M507.0M
Non Currrent Assets Other17.4M4M28.9M162.9M23.3M24.4M
Other Assets17.4M21.7M56.5M159.5M183.4M192.6M
Cash And Short Term Investments85.7M840.9M497.2M233.4M465.9M389.5M
Net Receivables658K0.02.7M31.9M27.2M28.6M
Common Stock Total Equity27K39K41K51K58.7K34.9K
Common Stock Shares Outstanding262.5M335.3M398.8M441.8M800.0M451.9M
Liabilities And Stockholders Equity229.4M1.1B989.8M1.2B1.3B926.4M
Non Current Liabilities Total17.4M14.0M115.6M326.6M327.4M343.7M
Capital Surpluse5.0M1.6B1.9B2.6B2.9B3.1B
Inventory1.9M0.011.6M123.2M62.6M37.1M
Other Current Assets2.7M5.4M15.9M37.8M16.2M16.1M
Other Stockholder Equity384.0M1.6B1.9B2.6B3.8B4.0B
Total Liab33.9M66.2M296.2M710.2M587.5M310.8M
Total Current Assets90.9M896.9M524.7M436.9M571.9M462.5M
Accumulated Other Comprehensive Income466.6M239K(198K)(1.6M)(162K)(153.9K)
Common Stock27K39K41K51K133K139.7K
Property Plant Equipment53.4M71.4M244.4M467.7M537.8M564.7M

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.

Additional Information and Resources on Investing in Nikola Stock

When determining whether Nikola Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nikola Corp'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 Nikola Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nikola Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nikola Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Construction Machinery & Heavy Transportation Equipment space 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 Nikola Corp. If investors know Nikola 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 Nikola Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(31.80)
Revenue Per Share
0.983
Quarterly Revenue Growth
(0.30)
Return On Assets
(0.35)
Return On Equity
(1.53)
The market value of Nikola Corp is measured differently than its book value, which is the value of Nikola that is recorded on the company's balance sheet. Investors also form their own opinion of Nikola Corp's value that differs from its market value or its book value, called intrinsic value, which is Nikola Corp'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 Nikola Corp's market value can be influenced by many factors that don't directly affect Nikola Corp'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 Nikola Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nikola Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nikola Corp'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.