Nikola Corporation

Nikola Corporationverified

NKLA

Price:

$2.02

Market Cap:

$122.95M

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.[Read more]

Industry

Agricultural - Machinery

IPO Date

2018-06-11

Stock Exchange

NASDAQ

Ticker

NKLA

The Current Ratio as of November 2024 (TTM) for Nikola Corporation (NKLA) is 1.17

According to Nikola Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.17. This represents a change of -29.57% compared to the average of 1.66 of the last 4 quarters.

Nikola Corporation (NKLA) Historical Current Ratio (quarterly & annually)

How has NKLA Current Ratio performed in the past?

The mean historical Current Ratio of Nikola Corporation over the last ten years is 4.34. The current 1.17 Current Ratio has changed 2.59% with respect to the historical average. Over the past ten years (40 quarters), NKLA's Current Ratio was at its highest in in the March 2019 quarter at 163.97. The Current Ratio was at its lowest in in the June 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

4.34

Median

2.20

Minimum

0

Maximum

17.16

Nikola Corporation (NKLA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nikola Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 17.16

Minimum Annual Increase = -83.07%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.2093.21%
20221.14-60.79%
20212.91-83.07%
202017.16212.24%
20195.50279.12%
20181.45Infinity%

Nikola Corporation (NKLA) Average Current Ratio

How has NKLA Current Ratio performed in the past?

The current Current Ratio of Nikola Corporation (NKLA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.08

5-year avg

5.78

10-year avg

4.34

Nikola Corporation (NKLA) Current Ratio vs. Peers

How is NKLA’s Current Ratio compared to its peers?

Nikola Corporation’s Current Ratio is greater than Lightning eMotors, Inc. (0.56), greater than The Lion Electric Company (1.12), less than Xos, Inc. (1.94), less than Hydrofarm Holdings Group, Inc. (3.24), less than Caterpillar Inc. (1.40), less than AGCO Corporation (1.53), less than CNH Industrial N.V. (6.30), less than PACCAR Inc (5.34), less than Deere & Company (1.67), greater than Ideanomics, Inc. (0.28), less than Wabash National Corporation (1.88),

Build a custom stock screener for Nikola Corporation (NKLA) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nikola Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nikola Corporation (NKLA) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nikola Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Nikola Corporation's Current Ratio?

How is the Current Ratio calculated for Nikola Corporation (NKLA)?

What is the highest Current Ratio for Nikola Corporation (NKLA)?

What is the 3-year average Current Ratio for Nikola Corporation (NKLA)?

What is the 5-year average Current Ratio for Nikola Corporation (NKLA)?

How does the current Current Ratio for Nikola Corporation (NKLA) compare to its historical average?