Nikola Corp Asset Resilience Ratio
Nikola Corp asset resilience ratio. Nikola Corp (NKLA) has an Asset Resilience Ratio of 0.23% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See NKLA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nikola Corp (2018–2023)
Asset resilience ratio of Nikola Corp from 2018 to 2023. This chart shows how Nikola Corp's Asset Resilience Ratio has changed over time. Read Nikola Corp debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Nikola Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see NKLA asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.50 Million | 0.23% |
| Total Liquid Assets | $2.50 Million | 0.23% |
Asset Resilience Insights
- Limited Liquidity: Nikola Corp maintains only 0.23% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Nikola Corp Industry Peers by Asset Resilience Ratio
Compare Nikola Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Exor N.V.
AS:EXO |
Farm & Heavy Construction Machinery | 0.92% |
|
Sinotruk (Hong Kong) Limited
F:4SK |
Farm & Heavy Construction Machinery | 10.57% |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951 |
Farm & Heavy Construction Machinery | 1.61% |
|
Doosan Bobcat Inc
KO:241560 |
Farm & Heavy Construction Machinery | 0.97% |
|
Anhui Heli Co Ltd
SHG:600761 |
Farm & Heavy Construction Machinery | 13.06% |
|
HBIS Resources Co Ltd
SHE:000923 |
Farm & Heavy Construction Machinery | 0.28% |
|
Jiangxi Naipu Mining Machinery
SHE:300818 |
Farm & Heavy Construction Machinery | 1.25% |
|
Agrometal S.A.I.
BA:AGRO |
Farm & Heavy Construction Machinery | 2.53% |
Nikola Corp Asset Resilience Ratio by Year (2018–2023)
Nikola Corp asset resilience ratio by year from 2018 to 2023. The table below shows the annual Asset Resilience Ratio data for Nikola Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.13% | $1.64 Million | $1.27 Billion | -0.16pp |
| 2022-12-31 | 0.29% | $3.53 Million | $1.24 Billion | -0.28pp |
| 2021-12-31 | 0.57% | $5.62 Million | $989.82 Million | +0.57pp |
| 2020-12-31 | 0.00% | $8.42K | $1.05 Billion | +0.07pp |
| 2018-12-31 | -0.07% | $-155.58K | $236.55 Million | -- |
About Nikola Corp
Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. In addition, it develops a network of hydrogen fueling stations; and… Read more