Nikola Corp (NKLA) — Financial Flexibility Index
Nikola Corp (NKLA) has a Financial Flexibility Index of -0.21x as of September 2024. Free cash flow of $-135.82 Million (operating CF $-149.38 Million minus capex $13.56 Million) represents 0% of total liabilities ($656.80 Million). Also explore Nikola Corp equity growth rate to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nikola Corp Financial Flexibility Index (2018–2023)
Historical Financial Flexibility Index trend for Nikola Corp across 6 annual periods. Check NKLA strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Nikola Corp (2018–2023)
Year-by-year free cash flow to debt coverage for Nikola Corp. For the full company profile including market capitalisation, see market value of Nikola Corp.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2023 | -0.68x | $-375.66 Million | $-496.18 Million | $555.68 Million | ▼ -18.3% |
| 2022 | -0.57x | $-405.98 Million | $-576.71 Million | $710.18 Million | ▼ -32.4% |
| 2021 | -0.43x | $-127.89 Million | $-307.15 Million | $296.25 Million | ▲ +77.7% |
| 2020 | -1.94x | $-128.21 Million | $-150.53 Million | $66.24 Million | ▼ -58.9% |
| 2019 | -1.22x | $-41.33 Million | $-80.63 Million | $33.92 Million | ▲ +97.2% |
| 2018 | -43.54x | $-41.46 Million | $-54.02 Million | $952.11K | — |