Nikola Corporation (NKLA)
Nikola Statistics
Share Statistics
Nikola has 84.47M shares outstanding. The number of shares has increased by 86.8% in one year.
| Shares Outstanding | 84.47M |
| Shares Change (YoY) | 86.8% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 0.01% |
| Shares Floating | 81.73M |
| Failed to Deliver (FTD) Shares | 833.96K |
| FTD / Avg. Volume | 3.95% |
Short Selling Information
| Short Interest | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Valuation Ratios
The PE ratio is -0.02 and the forward PE ratio is null. Nikola's PEG ratio is 0.
| PE Ratio | -0.02 |
| Forward PE | n/a |
| PS Ratio | 0.65 |
| Forward PS | 0 |
| PB Ratio | 0.03 |
| P/FCF Ratio | -0.04 |
| PEG Ratio | 0 |
Enterprise Valuation
Nikola has an Enterprise Value (EV) of -156.57M.
| EV / Sales | -4.37 |
| EV / EBITDA | 0.21 |
| EV / EBIT | 0.32 |
| EV / FCF | 0.25 |
Financial Position
The company has a current ratio of 2.2, with a Debt / Equity ratio of 0.4.
| Current Ratio | 2.2 |
| Quick Ratio | 1.96 |
| Debt / Equity | 0.4 |
| Debt / EBITDA | -0.39 |
| Debt / FCF | -0.46 |
| Interest Coverage | -8.55 |
Financial Efficiency
Return on Equity is -134.36% and Return on Invested Capital is -63.36%.
| Return on Equity | -134.36% |
| Return on Assets | -75.8% |
| Return on Invested Capital | -63.36% |
| Revenue Per Employee | $41.19K |
| Profits Per Employee | $-1.11M |
| Employee Count | 870 |
| Asset Turnover | 0.03 |
| Inventory Turnover | 3.99 |
Taxes
| Income Tax | 12K |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by -71.45% in the last 52 weeks. The beta is 1.97, so Nikola's price volatility has been higher than the market average.
| Beta | 1.97 |
| 52-Week Price Change | -71.45% |
| 50-Day Moving Average | 0.55 |
| 200-Day Moving Average | 3.67 |
| Relative Strength Index (RSI) | 33.56 |
| Average Volume (20 Days) | 21.11M |
Income Statement
In the last 12 months, Nikola had revenue of 35.84M and earned -966.28M in profits. Earnings per share was -36.31.
| Revenue | 35.84M |
| Gross Profit | -214.07M |
| Operating Income | -649.83M |
| Net Income | -966.28M |
| EBITDA | -736.28M |
| EBIT | -772.17M |
| Earnings Per Share (EPS) | -36.31 |
Balance Sheet
The company has 464.71M in cash and 284.86M in debt, giving a net cash position of 179.85M.
| Cash & Cash Equivalents | 464.71M |
| Total Debt | 284.86M |
| Net Cash | 179.85M |
| Retained Earnings | -3.07B |
| Total Assets | 1.04B |
| Working Capital | 55.74M |
Cash Flow
In the last 12 months, operating cash flow was -496.18M and capital expenditures -120.52M, giving a free cash flow of -616.69M.
| Operating Cash Flow | -496.18M |
| Capital Expenditures | -120.52M |
| Free Cash Flow | -616.69M |
| FCF Per Share | -23.17 |
Margins
Gross margin is -597.3%, with operating and profit margins of -1813.19% and -2696.17%.
| Gross Margin | -597.3% |
| Operating Margin | -1813.19% |
| Pretax Margin | -2366.67% |
| Profit Margin | -2696.17% |
| EBITDA Margin | -2054.4% |
| EBIT Margin | -1813.19% |
| FCF Margin | -1720.73% |
Dividends & Yields
NKLA does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -4150.4% |
| FCF Yield | -2648.84% |
Analyst Forecast
The average price target for NKLA is $4, which is 2122.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $4 |
| Price Target Difference | 2122.2% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Jun 25, 2024. It was a backward split with a ratio of 1:30.
| Last Split Date | Jun 25, 2024 |
| Split Type | backward |
| Split Ratio | 1:30 |
Scores
| Altman Z-Score | -6.6 |
| Piotroski F-Score | 2 |