Nikola (MEX:NKLA) Long-Term Debt: MXN3,292 Mil (As of Dec. 2024)

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MEX:NKLA Nikola Corp MEX:NKLA
12 GF Score
Price MXN3.79
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What is Nikola Long-Term Debt?

Nikola MEX:NKLA 12 Long-Term Debt is MXN3,292 Mil as of Dec. 2024. GuruFocus rates MEX:NKLA with a GF Score™ of 12/100.

Nikola's Long-Term Debt for the quarter that ended in Dec. 2024 was MXN3,292 Mil.

Nikola's quarterly Long-Term Debt increased from Jun. 2024 (MXN4,376 Mil) to Sep. 2024 (MXN4,798 Mil) but then declined from Sep. 2024 (MXN4,798 Mil) to Dec. 2024 (MXN3,292 Mil).

Nikola's annual Long-Term Debt declined from Dec. 2022 (MXN5,640 Mil) to Dec. 2023 (MXN4,123 Mil) and declined from Dec. 2023 (MXN4,123 Mil) to Dec. 2024 (MXN3,292 Mil).

Nikola  (MEX:NKLA) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Nikola Long-Term Debt Related Terms

Nikola Long-Term Debt Historical Data

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The historical data trend for Nikola's Long-Term Debt 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.

Nikola Long-Term Debt Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Debt
Get a 7-Day Free Trial 0.00 505.44 5,640.39 4,122.77 3,291.55

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,122.77 4,023.41 4,376.27 4,797.84 3,291.55
MEX:NKLA
12GF Score
Nikola Corp MEX:NKLA
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of MXN3,292 Mil mean?
Nikola (MEX:NKLA) has a Long-Term Debt of MXN3,292 Mil as of Dec. 2024.
Is Nikola's Long-Term Debt too high?
Nikola's current Long-Term Debt is MXN3,292 Mil. Overall, Nikola has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nikola's Long-Term Debt compare to NMHI and GP?
Nikola's Long-Term Debt of MXN3,292 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Farm & Heavy Construction Machinery company?
A good Long-Term Debt depends on the Farm & Heavy Construction Machinery industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Nikola's current Long-Term Debt is MXN3,292 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikola stock overvalued right now?
Nikola (MEX:NKLA) has a current Long-Term Debt of MXN3,292 Mil. The current Long-Term Debt is MXN3,292 Mil. Nikola's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Nikola (MEX:NKLA), the current Long-Term Debt is MXN3,292 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nikola Business Description

Address P.O. Box 27028, Tempe, AZ, USA, 85285
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 is engaged in 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 the hydrogen fuel demand for the company's customers, as well as other third-party customers.
12GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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