Nikola (MIL:1NKLA) Total Current Assets : €352.76 Mil (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Nikola Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nikola's total current assets for the quarter that ended in Sep. 2024 was €352.76 Mil.

Nikola Total Current Assets Historical Data

The historical data trend for Nikola's Total Current Assets 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.

* Premium members only.

Nikola Total Current Assets Chart

Nikola Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

81.79

737.27

464.39

412.46

524.90

Nikola Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															441.06	524.90	431.76	399.57	352.76

Nikola Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Nikola's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	426.144	+	24.941	+	57.393	+	16.424
	=	524.90

Nikola's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	178.669	+	74.045	+	68.544	+	31.502
	=	352.76

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Nikola (MIL:1NKLA) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Nikola's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	178.669	-	591.774	+	0.75 * 46.647	+	0.5 * 68.544
=	-343.85

Nikola Total Current Assets Related Terms

Thank you for viewing the detailed overview of Nikola's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Nikola Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikola Corp (MIL:1NKLA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

NKLA:USA NKLA:Mexico 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.

Nikola Headlines

No Headlines