NikolaCorp Historical Income Statement

NKLA Stock  USD 0.53  0.01  1.85%   
Historical analysis of NikolaCorp income statement accounts such as Interest Income of 172.7 K can show how well NikolaCorp performed in making a profits. Evaluating NikolaCorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NikolaCorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining NikolaCorp 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 NikolaCorp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NikolaCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.

About NikolaCorp Income Statement Analysis

NikolaCorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NikolaCorp shareholders. The income statement also shows NikolaCorp investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NikolaCorp Income Statement Chart

NikolaCorp Income Statement is one of the three primary financial statements used for reporting NikolaCorp's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NikolaCorp revenue and expense. NikolaCorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, NikolaCorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 12.6 K, whereas EBIT is projected to grow to (610.4 M).

Total Revenue

Total revenue comprises all receipts NikolaCorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NikolaCorp. It is also known as NikolaCorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from NikolaCorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NikolaCorp current financial condition. On the other hand, looking into the entire matrix of income statement 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 NikolaCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.At present, NikolaCorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 12.6 K, whereas EBIT is projected to grow to (610.4 M).
 2023 2024 (projected)
Depreciation And Amortization35.9M37.7M
Interest Income181.8K172.7K

NikolaCorp income statement Correlations

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Click cells to compare fundamentals

NikolaCorp Account Relationship Matchups

NikolaCorp income statement Accounts

201920202021202220232024 (projected)
Interest Expense3.8M32.8M481K(17.7M)76.0M79.8M
Ebit(88.0M)(368.3M)(693.5M)(748.7M)(642.5M)(610.4M)
Net Income Applicable To Common Shares(105.5M)(397.7M)(690.4M)(784.2M)(705.8M)(670.5M)
Income Tax Expense151K(1.0M)4K6K12K12.6K
Net Interest Income1.5M202K(481K)(17.7M)(78.2M)(74.3M)
Depreciation And Amortization5.7M21.7M12.3M19.4M35.9M37.7M
Selling General Administrative910.2K182.0M398.7M368.2M153.5M202.3M
Selling And Marketing Expenses19.8M700K1.9M2M1.8M1.7M
Other Operating Expenses88.5M368.4M693.5M799.5M678.3M494.8M
Operating Income(88.0M)(368.3M)(693.5M)(748.7M)(642.5M)(674.6M)
Net Income From Continuing Ops(88.7M)(383.7M)(686.9M)(784.2M)(933.1M)(886.4M)
Research Development67.5M185.6M293.0M273.8M208.2M199.2M
Ebitda(82.3M)(346.6M)(681.2M)(729.3M)(606.6M)(636.9M)
Total Operating Expenses88.2M368.3M693.5M643.9M392.5M413.8M
Reconciled Depreciation2.3M6.0M8.2M23.3M35.6M37.4M
Income Before Tax(88.5M)(384.7M)(686.9M)(763.6M)(848.2M)(805.8M)
Total Other Income Expense Net(510K)(16.4M)6.7M(14.9M)(205.7M)(195.4M)
Net Income(88.7M)(383.7M)(686.9M)(763.6M)(966.3M)(918.0M)

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NikolaCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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.
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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.