Nikola (NKLA) - Net Assets

Net assets on the balance sheet as of September 2024 : €0.36 Billion

According to Nikola's latest financial reports the company has €0.36 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nikola - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€0.65 B	32.55%
2022-12-31	$€0.49 B	-19.86%
2021-12-31	$€0.61 B	-23.15%
2020-12-31	$€0.79 B	356.59%
2019-12-31	$€0.17 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	€0.24 B	-33.38%	🇺🇸 USA
Nikola NKLA	€0.36 B	0.00%	🇺🇸 USA
NIO NIO	€2.21 B	504.47%	🇨🇳 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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Nikola (NKLA) - Net assets

Net assets on the balance sheet as of September 2024 : €0.36 Billion