Nikola (MEX:NKLA) Accumulated Depreciation : MXN-1,407 Mil (As of Sep. 2024)

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What is Nikola Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Nikola's quarterly accumulated depreciation increased from Mar. 2024 (MXN-869 Mil) to Jun. 2024 (MXN-1,131 Mil) and increased from Jun. 2024 (MXN-1,131 Mil) to Sep. 2024 (MXN-1,407 Mil).

Nikola's annual accumulated depreciation increased from Dec. 2021 (MXN-339 Mil) to Dec. 2022 (MXN-601 Mil) and increased from Dec. 2022 (MXN-601 Mil) to Dec. 2023 (MXN-746 Mil).

Nikola Accumulated Depreciation Historical Data

The historical data trend for Nikola's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nikola Accumulated Depreciation Chart

Nikola Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-66.01

-167.39

-338.63

-601.12

-746.00

Nikola Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-677.94	-746.00	-869.28	-1,130.85	-1,406.54

Nikola Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Nikola Accumulated Depreciation Related Terms

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Nikola Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikola Corp (MEX:NKLA) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NKLA:USA 1NKLA:Italy 0A3R:UK 8NI0:Germany NKL2:Austria

Address

4141 East Broadway Road, Phoenix, AZ, USA, 85040

Website

https://www.nikolamotor.com

Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.

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