Nikola (NKLA) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$0.64 Billion

According to Nikola's latest financial reports the company has NZ$0.64 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	$NZ$1.13 B	37.14%
2022-12-31	$NZ$0.82 B	-18.34%
2021-12-31	$NZ$1.01 B	-25.25%
2020-12-31	$NZ$1.35 B	367.94%
2019-12-31	$NZ$0.29 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	NZ$0.42 B	-34.78%	🇺🇸 USA
Nikola NKLA	NZ$0.64 B	0.00%	🇺🇸 USA
NIO NIO	NZ$2.90 B	347.74%	🇨🇳 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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