NikolaCorp Net Worth

NikolaCorp Net Worth Breakdown

  NKLA
The net worth of NikolaCorp is the difference between its total assets and liabilities. NikolaCorp's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of NikolaCorp's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. NikolaCorp's net worth can be used as a measure of its financial health and stability which can help investors to decide if NikolaCorp is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in NikolaCorp stock.

NikolaCorp Net Worth Analysis

NikolaCorp's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including NikolaCorp's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of NikolaCorp's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform NikolaCorp's net worth analysis. One common approach is to calculate NikolaCorp's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares NikolaCorp's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing NikolaCorp's net worth. This approach calculates the present value of NikolaCorp's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of NikolaCorp's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate NikolaCorp's net worth. This involves comparing NikolaCorp's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into NikolaCorp's net worth relative to its peers.

Enterprise Value

492.85 Million

To determine if NikolaCorp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NikolaCorp's net worth research are outlined below:
NikolaCorp generated a negative expected return over the last 90 days
NikolaCorp has high historical volatility and very poor performance
NikolaCorp has some characteristics of a very speculative penny stock
NikolaCorp has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 35.84 M. Net Loss for the year was (864.62 M) with loss before overhead, payroll, taxes, and interest of (104.76 M).
NikolaCorp currently holds about 319.94 M in cash with (501.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from kalkinemedia.com: Nikola stock rises as CEO, Stephen Girsky buys the dip should you

NikolaCorp Quarterly Good Will

5.24 Million

NikolaCorp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NikolaCorp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NikolaCorp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024
Upcoming Quarterly Report
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14th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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22nd of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know NikolaCorp's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as NikolaCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NikolaCorp backward and forwards among themselves. NikolaCorp's institutional investor refers to the entity that pools money to purchase NikolaCorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2023-12-31
6.3 M
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
Norges Bank2023-12-31
107 M
Vanguard Group Inc2024-03-31
80.3 M
Note, although NikolaCorp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow NikolaCorp's market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 729.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NikolaCorp's market, we take the total number of its shares issued and multiply it by NikolaCorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

664.87 Million

Project NikolaCorp's profitablity

NikolaCorp's profitability indicators refer to fundamental financial ratios that showcase NikolaCorp's ability to generate income relative to its revenue or operating costs. If, let's say, NikolaCorp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, NikolaCorp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of NikolaCorp's profitability requires more research than a typical breakdown of NikolaCorp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.79)(0.83)
Return On Capital Employed(0.61)(0.64)
Return On Assets(0.74)(0.78)
Return On Equity(1.34)(1.41)
When accessing NikolaCorp's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures NikolaCorp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NikolaCorp's profitability and make more informed investment decisions.
The data published in NikolaCorp's official financial statements usually reflect NikolaCorp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of NikolaCorp. For example, before you start analyzing numbers published by NikolaCorp accountants, it's critical to develop an understanding of what NikolaCorp's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of NikolaCorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NikolaCorp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in NikolaCorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NikolaCorp. Please utilize our Beneish M Score to check the likelihood of NikolaCorp's management manipulating its earnings.

Evaluate NikolaCorp's management efficiency

NikolaCorp has return on total asset (ROA) of (0.3458) % which means that it has lost $0.3458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5318) %, meaning that it created substantial loss on money invested by shareholders. NikolaCorp's management efficiency ratios could be used to measure how well NikolaCorp manages its routine affairs as well as how well it operates its assets and liabilities. As of May 23, 2024, Return On Tangible Assets is expected to decline to -0.83. In addition to that, Return On Capital Employed is expected to decline to -0.64. At present, NikolaCorp's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 192.6 M, whereas Total Assets are forecasted to decline to about 926.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 0.90  1.57 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 0.79  1.39 
Enterprise Value Over EBITDA(0.86)(0.90)
Price Book Value Ratio 0.97  0.92 
Enterprise Value Multiple(0.86)(0.90)
Price Fair Value 0.97  0.92 
Enterprise Value518.8 M492.8 M
The analysis of NikolaCorp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze NikolaCorp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of NikolaCorp Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
21.0798
Revenue
32.7 M
Quarterly Revenue Growth
(0.30)
Revenue Per Share
0.033
Return On Equity
(1.53)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NikolaCorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on NikolaCorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NikolaCorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NikolaCorp time-series forecasting models is one of many NikolaCorp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NikolaCorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

NikolaCorp Earnings per Share Projection vs Actual

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Our tools can tell you how much better you can do entering a position in NikolaCorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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NikolaCorp Corporate Management

Elected by the shareholders, the NikolaCorp's board of directors comprises two types of representatives: NikolaCorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NikolaCorp. The board's role is to monitor NikolaCorp's management team and ensure that shareholders' interests are well served. NikolaCorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NikolaCorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary MScChief OfficerProfile
Thomas OkrayChief OfficerProfile
Bruce KurttSenior OperationsProfile
Henry KwonDirector RelationsProfile
Brian HoogCorporate ControllerProfile
Britton EsqChief SecretaryProfile

How to buy NikolaCorp Stock?

The net worth of NikolaCorp is the difference between its total assets and liabilities. NikolaCorp's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of NikolaCorp's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. NikolaCorp's net worth can be used as a measure of its financial health and stability which can help investors to decide if NikolaCorp is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in NikolaCorp stock.

Already Invested in NikolaCorp?

The danger of trading NikolaCorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NikolaCorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NikolaCorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NikolaCorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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.