Nikola (MEX:NKLA) Total Current Liabilities: MXN5,118 Mil (As of Dec. 2024)


MEX:NKLA Nikola Corp MEX:NKLA
12 GF Score
Price MXN3.79
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What is Nikola Total Current Liabilities?

Nikola MEX:NKLA 12 Total Current Liabilities is MXN5,118 Mil as of Dec. 2024. GuruFocus rates MEX:NKLA with a GF Score™ of 12/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Nikola's total current liabilities for the quarter that ended in Dec. 2024 was MXN5,118

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Nikola Total Current Liabilities Related Terms

Nikola Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Nikola's Total Current Liabilities 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 Total Current Liabilities Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial 1,039.82 3,705.01 7,478.47 4,415.09 5,117.95

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Current Liabilities 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 4,415.09 4,502.45 5,154.27 6,611.61 5,117.95
MEX:NKLA
12GF Score
Nikola Corp MEX:NKLA
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikola Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Nikola's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1910.778+268.83
+Other Current Liabilities+Current Deferred Liabilities
=2938.339+0
=5,118

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1910.778+268.83
+Other Current Liabilities+Current Deferred Liabilities
=2938.339+0
=5,118

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of MXN5,118 Mil mean?
Nikola (MEX:NKLA) has a Total Current Liabilities of MXN5,118 Mil as of Dec. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Nikola and its competitors.
Is Nikola's Total Current Liabilities too high?
Nikola's current Total Current Liabilities is MXN5,118 Mil. Overall, Nikola has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nikola's Total Current Liabilities compare to NMHI and GP?
Nikola's Total Current Liabilities of MXN5,118 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 Total Current Liabilities for a Farm & Heavy Construction Machinery company?
A good Total Current Liabilities depends on the Farm & Heavy Construction Machinery industry context. However, Total Current Liabilities 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Nikola and its competitors. Nikola's current Total Current Liabilities is MXN5,118 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 Total Current Liabilities of MXN5,118 Mil. The current Total Current Liabilities is MXN5,118 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 Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Nikola (MEX:NKLA), the current Total Current Liabilities is MXN5,118 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.
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Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3.79
Price