Nikola (NKLA) - Cash on Hand

Cash on Hand as of September 2024 : HK$1.54 Billion

According to Nikola's latest financial reports the company has HK$1.54 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Nikola - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$3.62 B	105.68%
2022-12-31	HK$1.76 B	-54.49%
2021-12-31	HK$3.87 B	-40.52%
2020-12-31	HK$6.51 B	876.84%
2019-12-31	HK$0.66 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	HK$0.16 B	-89.19%	🇺🇸 USA
Nikola NKLA	HK$1.54 B	0.00%	🇺🇸 USA
NIO NIO	HK$41.28 B	2,572.40%	🇨🇳 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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