Nikola Corporation (NKLA)

Nikola Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	198.3	464.72	225.85	497.24	840.91	85.69
Short-Term Investments	2.15	1.64	3.92	5.62	-	-
Cash & Short-Term Investments	200.45	466.36	229.77	502.86	840.91	85.69
Cash Growth	-45.07%	102.97%	-54.31%	-40.20%	881.37%	-46.66%
Accounts Receivable	51.77	17.97	31.64	-	-	0.66
Other Receivables	30.41	9.23	11.55	2.72	-	-
Receivables	82.18	27.2	43.19	2.72	-	0.66
Inventory	93.02	67.43	112.29	11.6	-	1.87
Prepaid Expenses	9.61	8.3	8.94	5.12	4.86	2.66
Restricted Cash	3.37	1.22	10.6	-	4.37	-
Other Current Assets	2.89	1.9	32.14	2.44	46.78	-
Total Current Assets	391.52	572.41	436.93	524.73	896.92	90.88
Property, Plant & Equipment	490.24	509.77	425.72	247.06	71.4	53.38
Long-Term Investments	56.2	57.06	62.82	61.78	8.42	-
Goodwill	-	5.24	6.69	5.24	5.24	5.24
Other Intangible Assets	52.13	85.86	92.47	97.18	50.05	62.51
Other Long-Term Assets	45.95	44.51	212.03	53.84	21.69	17.42
Total Assets	1,036	1,275	1,237	989.82	1,054	229.43
Accounts Payable	80.57	52.78	111.41	95.24	29.36	5.11
Accrued Expenses	28.12	14.36	22.23	16.88	15.21	5.64
Short-Term Debt	65.95	1.85	52	-	-	-
Current Portion of Long-Term Debt	0.98	0.79	9.31	-	4.1	-
Current Portion of Leases	9.07	8.18	2.35	0.14	1.07	0.66
Other Current Liabilities	151.1	182.16	186.3	68.35	2.53	5.13
Total Current Liabilities	335.78	260.11	383.59	180.61	52.27	16.54
Long-Term Debt	243.67	242.88	289.31	24.64	-	4.1
Long-Term Leases	33.16	31.16	6.91	2.67	13.96	-
Long-Term Deferred Tax Liabilities	-	0.02	0.02	0.01	0.01	1.07
Other Long-Term Liabilities	44.19	21.51	30.36	88.32	7.34	12.21
Total Liabilities	656.8	555.68	710.18	296.25	73.57	33.92
Common Stock	0.01	0.13	0.05	0.04	0.04	0.03
Additional Paid-In Capital	3,932	3,790	2,563	1,944	1,540	383.96
Retained Earnings	-3,552	-3,071	-2,035	-1,251	-560.17	-188.48
Comprehensive Income & Other	-0.22	-0.16	-1.58	-0.2	0.24	-
Total Common Equity	379.25	719.17	526.48	693.57	980.14	195.51
Shareholders' Equity	379.25	719.17	526.48	693.57	980.14	195.51
Total Liabilities & Equity	1,036	1,275	1,237	989.82	1,054	229.43
Total Debt	352.82	284.86	359.87	27.45	19.13	4.76
Net Cash (Debt)	-152.37	181.5	-130.11	475.41	821.79	80.93
Net Cash Growth	-	-	-	-42.15%	915.45%	-48.31%
Net Cash Per Share	-3.41	6.81	-8.83	35.76	73.41	9.25
Filing Date Shares Outstanding	60.87	44.52	18.48	13.79	13.13	60.17
Total Common Shares Outstanding	55.28	44.34	17.1	13.78	13.03	60.17
Working Capital	55.74	312.31	53.34	344.12	844.64	74.34
Book Value Per Share	6.86	16.22	30.79	50.34	75.19	3.25
Tangible Book Value	327.12	628.08	427.32	591.15	924.85	127.76
Tangible Book Value Per Share	5.92	14.17	24.99	42.91	70.95	2.12
Land	7.96	7.96	24.76	3.96	-	-
Buildings	240.86	239.92	127.8	100.39	-	33.25
Machinery	147.39	109.32	69.66	38.92	16.3	14.71
Construction In Progress	105.72	135.99	209.19	103.52	21.22	4.26
Leasehold Improvements	3.12	3.1	2.95	2.88	1.49	1.44

Source: S&P Capital IQ. Standard template. Financial Sources.