Nikola Statistics
Total Valuation
Nikola has a market cap or net worth of $122.95 million. The enterprise value is $275.32 million.
Important Dates
The last earnings date was Thursday, October 31, 2024, before market open.
| Earnings Date | Oct 31, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Nikola has 60.87 million shares outstanding. The number of shares has increased by 105.63% in one year.
| Current Share Class | 60.87M |
| Shares Outstanding | 60.87M |
| Shares Change (YoY) | +105.63% |
| Shares Change (QoQ) | +10.04% |
| Owned by Insiders (%) | 0.38% |
| Owned by Institutions (%) | 24.73% |
| Float | 53.83M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.19 |
| Forward PS | 0.37 |
| PB Ratio | 0.29 |
| P/TBV Ratio | 0.38 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 3.65 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.17, with a Debt / Equity ratio of 0.93.
| Current Ratio | 1.17 |
| Quick Ratio | 0.84 |
| Debt / Equity | 0.93 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -24.68 |
Financial Efficiency
Return on equity (ROE) is -129.17% and return on invested capital (ROIC) is -41.75%.
| Return on Equity (ROE) | -129.17% |
| Return on Assets (ROA) | -30.86% |
| Return on Capital (ROIC) | -41.75% |
| Revenue Per Employee | $86,815 |
| Profits Per Employee | -$729,624 |
| Employee Count | 870 |
| Asset Turnover | 0.07 |
| Inventory Turnover | 3.50 |
Taxes
In the past 12 months, Nikola has paid $103,000 in taxes.
| Income Tax | 103,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -92.81% in the last 52 weeks. The beta is 2.07, so Nikola's price volatility has been higher than the market average.
| Beta (5Y) | 2.07 |
| 52-Week Price Change | -92.81% |
| 50-Day Moving Average | 3.97 |
| 200-Day Moving Average | 12.35 |
| Relative Strength Index (RSI) | 27.47 |
| Average Volume (20 Days) | 6,940,337 |
Short Selling Information
The latest short interest is 14.71 million, so 24.16% of the outstanding shares have been sold short.
| Short Interest | 14.71M |
| Short Previous Month | 13.03M |
| Short % of Shares Out | 24.16% |
| Short % of Float | 27.32% |
| Short Ratio (days to cover) | 3.12 |
Income Statement
In the last 12 months, Nikola had revenue of $75.53 million and -$634.77 million in losses. Loss per share was -$14.25.
| Revenue | 75.53M |
| Gross Profit | -212.48M |
| Operating Income | -539.29M |
| Pretax Income | -860.65M |
| Net Income | -634.77M |
| EBITDA | -498.75M |
| EBIT | -539.29M |
| Loss Per Share | -$14.25 |
Full Income StatementBalance Sheet
The company has $200.45 million in cash and $352.82 million in debt, giving a net cash position of -$152.37 million or -$2.50 per share.
| Cash & Cash Equivalents | 200.45M |
| Total Debt | 352.82M |
| Net Cash | -152.37M |
| Net Cash Per Share | -$2.50 |
| Equity (Book Value) | 379.25M |
| Book Value Per Share | 6.86 |
| Working Capital | 55.74M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$517.29 million and capital expenditures -$55.85 million, giving a free cash flow of -$573.13 million.
| Operating Cash Flow | -517.29M |
| Capital Expenditures | -55.85M |
| Free Cash Flow | -573.13M |
| FCF Per Share | -$9.42 |
Full Cash Flow StatementMargins
| Gross Margin | -281.32% |
| Operating Margin | -714.02% |
| Pretax Margin | -840.30% |
| Profit Margin | n/a |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | -1,074.03% |
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 | -105.63% |
| Shareholder Yield | -105.63% |
| Earnings Yield | -516.28% |
| FCF Yield | -466.15% |
Analyst Forecast
The average price target for Nikola is $6.00, which is 197.03% higher than the current price. The consensus rating is "Hold".
| Price Target | $6.00 |
| Price Target Difference | 197.03% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 133.51% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on June 25, 2024. It was a reverse split with a ratio of 0.0333333:1.
| Last Split Date | Jun 25, 2024 |
| Split Type | Reverse |
| Split Ratio | 0.0333333:1 |
Scores
Nikola has an Altman Z-Score of -5.68 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -5.68 |
| Piotroski F-Score | 3 |