Nikola Corporation (NKLA)
Nikola Corporation Statistics
Share Statistics
Nikola Corporation has 84.47M shares outstanding. The number of shares has increased by -93.68% in one year.
| Shares Outstanding | 84.47M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 66.94% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 81.96M |
| Failed to Deliver (FTD) Shares | 258.35K |
| FTD / Avg. Volume | 2.09% |
Short Selling Information
The latest short interest is 20.84M, so 24.68% of the outstanding shares have been sold short.
| Short Interest | 20.84M |
| Short % of Shares Out | 24.68% |
| Short % of Float | 25.74% |
| Short Ratio (days to cover) | 2.17 |
Valuation Ratios
The PE ratio is -0.72 and the forward PE ratio is -0.37.
| PE Ratio | -0.72 |
| Forward PE | -0.37 |
| PS Ratio | 19.49 |
| Forward PS | 0.1 |
| PB Ratio | 0.97 |
| P/FCF Ratio | -1.13 |
| PEG Ratio | n/a |
Enterprise Valuation
Nikola Corporation has an Enterprise Value (EV) of 518.79M.
| EV / Earnings | -0.54 |
| EV / Sales | 14.48 |
| EV / EBITDA | -0.7 |
| EV / EBIT | -0.8 |
| EV / FCF | -0.84 |
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 |
| Total Debt / Capitalization | 28.37 |
| Cash Flow / Debt | -1.74 |
| Interest Coverage | -8.55 |
Financial Efficiency
Return on equity (ROE) is -1.34% and return on capital (ROIC) is -64.72%.
| Return on Equity (ROE) | -1.34% |
| Return on Assets (ROA) | -0.76% |
| Return on Capital (ROIC) | -64.72% |
| Revenue Per Employee | 41.19K |
| Profits Per Employee | -1.11M |
| Employee Count | 870 |
| Asset Turnover | 0.03 |
| Inventory Turnover | 3.99 |
Taxes
| Income Tax | 12.00K |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -96.31% in the last 52 weeks. The beta is 2.08, so Nikola Corporation's price volatility has been higher than the market average.
| Beta | 2.08 |
| 52-Week Price Change | -96.31% |
| 50-Day Moving Average | 1.55 |
| 200-Day Moving Average | 7.97 |
| Relative Strength Index (RSI) | 33.68 |
| Average Volume (20 Days) | 12.34M |
Income Statement
In the last 12 months, Nikola Corporation 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 | -649.83M |
| 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 -1.81K% and -2.70K%.
| Gross Margin | -597.3% |
| Operating Margin | -1.81K% |
| Pretax Margin | -2.37K% |
| Profit Margin | -2.70K% |
| EBITDA Margin | -2.05K% |
| EBIT Margin | -1.81K% |
| FCF Margin | -1.72K% |
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 | -4126.14% |
| FCF Yield | -832.4% |
Analyst Forecast
The average price target for NKLA is $4, which is 354.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $4 |
| Price Target Difference | 354.5% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
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 | -6.54 |
| Piotroski F-Score | 2 |