Nikola Statistics
Total Valuation
Nikola has a market cap or net worth of $427.77 million. The enterprise value is $329.36 million.
| Market Cap | 427.77M |
| Enterprise Value | 329.36M |
Important Dates
The next confirmed earnings date is Friday, August 9, 2024, before market open.
| Earnings Date | Aug 9, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Nikola has 45.22 million shares outstanding. The number of shares has increased by 143.02% in one year.
| Shares Outstanding | 45.22M |
| Shares Change (YoY) | +143.02% |
| Shares Change (QoQ) | +66.98% |
| Owned by Insiders (%) | 5.44% |
| Owned by Institutions (%) | 32.32% |
| Float | 43.83M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 13.10 |
| Forward PS | 2.11 |
| PB Ratio | 0.73 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 10.08 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.73, with a Debt / Equity ratio of 0.48.
| Current Ratio | 1.73 |
| Quick Ratio | 1.48 |
| Debt / Equity | 0.48 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -12.80 |
Financial Efficiency
Return on equity (ROE) is -155.40% and return on invested capital (ROIC) is -77.12%.
| Return on Equity (ROE) | -155.40% |
| Return on Assets (ROA) | -80.20% |
| Return on Capital (ROIC) | -77.12% |
| Revenue Per Employee | $37,539 |
| Profits Per Employee | -$1.09M |
| Employee Count | 870 |
| Asset Turnover | 0.03 |
| Inventory Turnover | 3.04 |
Taxes
In the past 12 months, Nikola has paid $12,000 in taxes.
| Income Tax | 12,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -87.83% in the last 52 weeks. The beta is 2.09, so Nikola's price volatility has been higher than the market average.
| Beta (5Y) | 2.09 |
| 52-Week Price Change | -87.83% |
| 50-Day Moving Average | 13.04 |
| 200-Day Moving Average | 22.39 |
| Relative Strength Index (RSI) | 42.00 |
| Average Volume (20 Days) | 5,553,956 |
Short Selling Information
The latest short interest is 10.33 million, so 22.85% of the outstanding shares have been sold short.
| Short Interest | 10.33M |
| Short Previous Month | 271.29M |
| Short % of Shares Out | 22.85% |
| Short % of Float | 23.57% |
| Short Ratio (days to cover) | 3.28 |
Income Statement
In the last 12 months, Nikola had revenue of $32.66 million and -$944.91 million in losses. Loss per share was -$29.40.
| Revenue | 32.66M |
| Gross Profit | -248.95M |
| Operating Income | -667.99M |
| Pretax Income | -944.90M |
| Net Income | -944.91M |
| EBITDA | -837.00M |
| EBIT | -876.43M |
| Loss Per Share | -$29.40 |
Balance Sheet
The company has $378.25 million in cash and $279.84 million in debt, giving a net cash position of $98.40 million or $2.18 per share.
| Cash & Cash Equivalents | 378.25M |
| Total Debt | 279.84M |
| Net Cash | 98.40M |
| Net Cash Per Share | $2.18 |
| Equity (Book Value) | 586.28M |
| Book Value Per Share | 12.97 |
| Working Capital | 198.02M |
Cash Flow
In the last 12 months, operating cash flow was -$431.82 million and capital expenditures -$84.69 million, giving a free cash flow of -$516.51 million.
| Operating Cash Flow | -431.82M |
| Capital Expenditures | -84.69M |
| Free Cash Flow | -516.51M |
| FCF Per Share | -$11.60 |
Margins
Gross margin is -762.26%, with operating and profit margins of -2,045.35% and -2,893.26%.
| Gross Margin | -762.26% |
| Operating Margin | -2,045.35% |
| Pretax Margin | -2,893.22% |
| Profit Margin | -2,893.26% |
| EBITDA Margin | -2,562.83% |
| EBIT Margin | -2,683.58% |
| FCF Margin | -1,581.51% |
Dividends & Yields
Nikola does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -143.02% |
| Shareholder Yield | -143.02% |
| Earnings Yield | -220.89% |
| FCF Yield | -120.74% |
Analyst Forecast
The average price target for Nikola is $45.00, which is 375.69% higher than the current price. The consensus rating is "Hold".
| Price Target | $45.00 |
| Price Target Difference | 375.69% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 133.51% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 25, 2024. It was a reverse split with a ratio of 1:30.
| Last Split Date | Jun 25, 2024 |
| Split Type | Reverse |
| Split Ratio | 1:30 |
Scores
Nikola has an Altman Z-Score of -5.73 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -5.73 |
| Piotroski F-Score | 3 |