Nikola Corp financial data

Symbol
NKLA on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
4141 E Broadway Road, Phoenix, AZ
State of incorporation
Delaware
Fiscal year end
December 31
Former names
VectoIQ Acquisition Corp. (to 6/3/2020)
Latest financial report
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 176 % +23.8%
Quick Ratio 22 % -36.2%
Debt-to-equity 92.6 % -21.1%
Return On Equity -142 % +9.61%
Return On Assets -73.5 % -1.99%
Operating Margin -1.62K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 50.6M shares -93.5%
Common Stock, Shares, Outstanding 48.5M shares -93.7%
Entity Public Float 1B USD -23.1%
Common Stock, Value, Issued 5K USD -93.5%
Weighted Average Number of Shares Outstanding, Basic 46.7M shares +97.7%
Weighted Average Number of Shares Outstanding, Diluted 46.7M shares +97.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 15.4M USD -15.3%
Cost of Revenue 1.46M USD +4753%
Research and Development Expense 161M USD -37.7%
Operating Income (Loss) -630M USD +6.58%
Income Tax Expense (Benefit) 104K USD +2500%
Net Income (Loss) Attributable to Parent -861M USD -1.84%
Earnings Per Share, Basic 5.35 USD/shares +69%
Earnings Per Share, Diluted 5.35 USD/shares +69%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 256M USD +13.1%
Accounts Receivable, after Allowance for Credit Loss, Current 39.8M USD +99.2%
Inventory, Net 62.1M USD -28.3%
Other Assets, Current 816K USD
Assets, Current 430M USD +5.7%
Property, Plant and Equipment, Net 494M USD +2.27%
Operating Lease, Right-of-Use Asset 6.36M USD -19.9%
Intangible Assets, Net (Excluding Goodwill) 82.2M USD -8.27%
Goodwill 5.24M USD 0%
Other Assets, Noncurrent 17.4M USD +92.4%
Assets 1.11B USD -2.43%
Employee-related Liabilities, Current 5.07M USD +11.5%
Liabilities, Current 281M USD +20.7%
Long-term Debt and Lease Obligation 266M USD -23.5%
Deferred Income Tax Liabilities, Net 22K USD +46.7%
Operating Lease, Liability, Noncurrent 7.36M USD +45.2%
Other Liabilities, Noncurrent 31.3M USD +11%
Liabilities 586M USD -4.62%
Accumulated Other Comprehensive Income (Loss), Net of Tax -21K USD +77.4%
Retained Earnings (Accumulated Deficit) -3.35B USD -38.4%
Stockholders' Equity Attributable to Parent 524M USD +0.16%
Liabilities and Equity 1.11B USD -2.43%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -116M USD +34.3%
Net Cash Provided by (Used in) Financing Activities -5.06M USD -104%
Net Cash Provided by (Used in) Investing Activities 4.94M USD
Common Stock, Shares Authorized 1B shares +25%
Common Stock, Shares, Issued 48.5M shares -93.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -116M USD -4.61%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 283M USD -4.31%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.9M USD +94.4%
Deferred Tax Assets, Valuation Allowance 598M USD +37.1%
Deferred Tax Assets, Gross 629M USD +36.2%
Operating Lease, Liability 6.63M USD -17.8%
Depreciation 38.1M USD +130%
Payments to Acquire Property, Plant, and Equipment 16.5M USD -67.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -861M USD -1.96%
Lessee, Operating Lease, Liability, to be Paid 8.02M USD -18.3%
Operating Lease, Liability, Current 2.92M USD +31.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.36M USD -31.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.19M USD -8.77%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.39M USD -20.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.29M USD +13.9%
Deferred Tax Assets, Operating Loss Carryforwards 397M USD +25.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 150M shares 0%
Unrecognized Tax Benefits 22.8M USD +25.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 520K USD -53.6%
Additional Paid in Capital 3.88B USD +31.6%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 7.4M USD +1.37%
Depreciation, Depletion and Amortization 10.6M USD +69.9%
Deferred Tax Assets, Net of Valuation Allowance 31.8M USD +21%
Share-based Payment Arrangement, Expense 41.9M USD -78.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%