Nikola Corp (NKLA) - Total Liabilities
Based on the latest financial reports, Nikola Corp (NKLA) has total liabilities worth $656.80 Million USD as of September 2024. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Nikola Corp - Total Liabilities Trend (2018–2023)
This chart illustrates how Nikola Corp's total liabilities have evolved over time, based on quarterly financial data. See how liquid is Nikola Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Nikola Corp Competitors by Total Liabilities
The table below lists competitors of Nikola Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
IMPRENDIROMA S.P.A.
F:Y37
|
Germany | €22.61 Million |
|
East Side Games Group Inc
TO:EAGR
|
Canada | CA$17.63 Million |
|
Au Gold Corp
V:AUGC
|
Canada | CA$49.23K |
|
Randgold Exploration
JSE:RNG
|
South Africa | ZAC10.99 Million |
|
Pembangunan Graha Lestari Tbk
JK:PGLI
|
Indonesia | Rp21.09 Billion |
|
XiDeLang Holdings Ltd
KLSE:5156
|
Malaysia | RM67.01 Million |
|
Multi-Usage Holdings Bhd
KLSE:9539
|
Malaysia | RM3.97 Million |
|
Cerebra Integrated Technologies Limited
NSE:CEREBRAINT
|
India | Rs935.90 Million |
Liability Composition Analysis (2018–2023)
This chart breaks down Nikola Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see how much is Nikola Corp worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.17 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.73 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.63 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Nikola Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nikola Corp (2018–2023)
The table below shows the annual total liabilities of Nikola Corp from 2018 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $555.68 Million | -21.75% |
| 2022-12-31 | $710.18 Million | +139.73% |
| 2021-12-31 | $296.25 Million | +347.25% |
| 2020-12-31 | $66.24 Million | +95.26% |
| 2019-12-31 | $33.92 Million | +3462.82% |
| 2018-12-31 | $952.11K | -- |
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