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Nikola (NKLA)

(Delayed Data from NSDQ)

$0.36 USD

0.36
192,972,308

+0.03 (8.37%)

Updated Jun 21, 2024 04:00 PM ET

After-Market: $0.35 -0.01 (-2.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value C Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 14% (34 out of 249)

Industry: Automotive - Domestic

Better trading starts here.

Balance Sheet

Research for NKLA

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Nikola Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 466 244 497 845 1
Receivables 18 32 0 0 0
Notes Receivable 0 0 0 0 0
Inventories 63 123 12 0 0
Other Current Assets 26 38 16 52 0
Total Current Assets 572 437 525 897 1
Net Property & Equipment 503 437 244 71 0
Investments & Advances 57 73 62 8 238
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 91 100 102 55 0
Deposits & Other Assets 51 190 57 22 0
Total Assets 1,275 1,237 990 1,054 239
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 4 0
Accounts Payable 44 118 87 29 0
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 9 63 0 0 0
Accrued Expenses 207 203 93 19 1
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 260 384 181 52 1
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 269 292 25 14 0
Other Non-Current Liabilities 22 7 88 0 233
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 556 710 296 66 234
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 3,790 2,563 1,944 1,561 5
Retained Earnings -3,071 -2,035 -1,251 -574 0
Other Equity 0 -2 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 719 526 694 987 5
Total Liabilities & Shareholder's Equity 1,275 1,237 990 1,054 239
Total Common Equity 719 526 694 987 5
Shares Outstanding 1,330.00 478.80 404.30 384.00 25.80
Book Value Per Share 0.54 1.10 1.72 2.57 0.19

Fiscal Year End for Nikola Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents 347 466 364 227 132
Receivables 24 18 11 20 28
Notes Receivable 0 0 0 0 0
Inventories 61 63 57 87 124
Other Current Assets 37 26 39 73 48
Total Current Assets 469 572 471 407 331
Net Property & Equipment 484 503 470 483 475
Investments & Advances 57 57 58 58 69
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 89 91 93 95 99
Deposits & Other Assets 52 51 57 94 185
Total Assets 1,152 1,275 1,148 1,138 1,158
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable 0 0 0 0 0
Accounts Payable 45 44 49 46 78
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 6 9 39 13 22
Accrued Expenses 220 207 205 174 177
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 271 260 293 233 277
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 232 0 296
Non-Current Capital Leases 268 269 0 348 0
Other Non-Current Liabilities 21 14 28 12
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 566 556 545 615 612
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 3,805 3,790 3,521 2,945 2,751
Retained Earnings -3,219 -3,071 -2,917 -2,422 -2,204
Other Equity 0 0 0 0 -2
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 586 719 604 523 546
Total Liabilities & Shareholder's Equity 1,152 1,275 1,148 1,138 1,158
Total Common Equity 586 719 604 523 546
Shares Outstanding 1,356.10 1,330.00 1,016.40 694.00 631.30
Book Value Per Share 0.43 0.54 0.59 0.75 0.86