Nikola Corp Cash Flow-to-Debt Ratio
Nikola Corp cash flow-to-debt ratio. Nikola Corp (NKLA) has a Cash Flow-to-Debt Ratio of -0.23x as of September 2024, meaning its operating cash flow of $-149.38 Million could theoretically repay 0% of its total liabilities ($656.80 Million) in one year. See NKLA financial flexibility score to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Nikola Corp (2018–2023)
Cash flow-to-debt ratio of Nikola Corp from 2018 to 2023. Historical debt coverage capacity for Nikola Corp across 6 annual periods. Also explore net asset growth rate of Nikola Corp to track the company's year-over-year net asset growth rate.
Nikola Corp Cash Flow-to-Debt Ratio by Year (2018–2023)
Nikola Corp cash flow-to-debt ratio by year from 2018 to 2023. Year-by-year debt coverage analysis for Nikola Corp. For the full cash flow conversion analysis, see NKLA cash generation efficiency.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2023 | -0.89x | $-496.18 Million | $555.68 Million | ▼ -10.0% |
| 2022 | -0.81x | $-576.71 Million | $710.18 Million | ▲ +21.7% |
| 2021 | -1.04x | $-307.15 Million | $296.25 Million | ▲ +54.4% |
| 2020 | -2.27x | $-150.53 Million | $66.24 Million | ▲ +4.4% |
| 2019 | -2.38x | $-80.63 Million | $33.92 Million | ▲ +95.8% |
| 2018 | -56.74x | $-54.02 Million | $952.11K | — |