Nikola (NKLA) - Total debt

Total debt on the balance sheet as of September 2024 : A$0.53 Billion

According to Nikola's latest financial reports the company's total debt is A$0.53 Billion. A company’s total debt is the sum of all current and non-current debts.

Nikola - Total debt on balance sheet (from 2019 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	A$0.41 B	-20.94%
2022-12-31	A$0.52 B	1296.7%
2021-12-31	A$37.86 M	52.22%
2020-12-31	A$24.87 M	265.86%
2019-12-31	A$6.79 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	A$0.27 B	-47.75%	🇺🇸 USA
Nikola NKLA	A$0.53 B	0.00%	🇺🇸 USA
NIO NIO	A$6.92 B	1,192.12%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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