Nikola Statistics
Total Valuation
Nikola has a market cap or net worth of $881.51 million. The enterprise value is $670.54 million.
| Market Cap | 881.51M |
| Enterprise Value | 670.54M |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, before market open.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Nikola has 1.34 billion shares outstanding. The number of shares has increased by 81.08% in one year.
| Shares Outstanding | 1.34B |
| Shares Change (YoY) | +81.08% |
| Shares Change (QoQ) | -6.67% |
| Owned by Insiders (%) | 7.45% |
| Owned by Institutions (%) | 33.60% |
| Float | 1.24B |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 24.60 |
| Forward PS | 5.06 |
| PB Ratio | 1.23 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 18.71 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.20, with a Debt / Equity ratio of 0.39.
| Current Ratio | 2.20 |
| Quick Ratio | 1.97 |
| Debt / Equity | 0.39 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -11.71 |
Financial Efficiency
Return on equity (ROE) is -161.60% and return on invested capital (ROIC) is -64.84%.
| Return on Equity (ROE) | -161.60% |
| Return on Assets (ROA) | -81.90% |
| Return on Capital (ROIC) | -64.84% |
| Revenue Per Employee | $41,194 |
| Profits Per Employee | -$1.11M |
| Employee Count | 870 |
| Asset Turnover | 0.03 |
| Inventory Turnover | 2.86 |
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 -32.52% in the last 52 weeks. The beta is 2.00, so Nikola's price volatility has been higher than the market average.
| Beta (1Y) | 2.00 |
| 52-Week Price Change | -32.52% |
| 50-Day Moving Average | 0.75 |
| 200-Day Moving Average | 1.14 |
| Relative Strength Index (RSI) | 39.78 |
| Average Volume (30 Days) | 97,098,625 |
Short Selling Information
The latest short interest is 239.05 million, so 17.90% of the outstanding shares have been sold short.
| Short Interest | 239.05M |
| Short Previous Month | 252.38M |
| Short % of Shares Out | 17.90% |
| Short % of Float | 19.25% |
| Short Ratio (days to cover) | 2.53 |
Income Statement
In the last 12 months, Nikola had revenue of $35.84 million and -$966.28 million in losses. Loss per share was -$1.21.
| Revenue | 35.84M |
| Gross Profit | -214.07M |
| Operating Income | -649.83M |
| Pretax Income | -966.27M |
| Net Income | -966.28M |
| EBITDA | -854.36M |
| EBIT | -890.25M |
| Loss Per Share | -$1.21 |
Balance Sheet
The company has $493.97 million in cash and $282.99 million in debt, giving a net cash position of $210.97 million or $0.16 per share.
| Cash & Cash Equivalents | 493.97M |
| Total Debt | 282.99M |
| Net Cash | 210.97M |
| Net Cash Per Share | $0.16 |
| Equity / Book Value | 719.17M |
| Book Value Per Share | 0.54 |
| Working Capital | 312.31M |
Cash Flow
In the last 12 months, operating cash flow was -$496.18 million and capital expenditures -$120.52 million, giving a free cash flow of -$616.69 million.
| Operating Cash Flow | -496.18M |
| Capital Expenditures | -120.52M |
| Free Cash Flow | -616.69M |
| FCF Per Share | -$0.77 |
Margins
Gross margin is -597.30%, with operating and profit margins of -1,813.19% and -2,696.17%.
| Gross Margin | -597.30% |
| Operating Margin | -1,813.19% |
| Pretax Margin | -2,696.14% |
| Profit Margin | -2,696.17% |
| EBITDA Margin | -2,383.88% |
| EBIT Margin | -2,484.02% |
| FCF Margin | -1,720.73% |
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 | -81.08% |
| Shareholder Yield | -81.08% |
| Earnings Yield | -109.62% |
| FCF Yield | -69.96% |
Analyst Forecast
The average price target for Nikola is $1.33, which is 101.52% higher than the current price. The consensus rating is "Hold".
| Price Target | $1.33 |
| Price Target Difference | 101.52% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Nikola has an Altman Z-Score of -4.4 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -4.4 |
| Piotroski F-Score | 3 |