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Nikola (Nikola) Cash And Cash Equivalents : $345.64 Mil (As of Mar. 2024)


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What is Nikola Cash And Cash Equivalents?

Nikola's quarterly cash and cash equivalents increased from Sep. 2023 ($362.85 Mil) to Dec. 2023 ($464.72 Mil) but then stayed the same from Dec. 2023 ($464.72 Mil) to Mar. 2024 ($345.64 Mil).

Nikola's annual cash and cash equivalents declined from Dec. 2021 ($497.24 Mil) to Dec. 2022 ($225.85 Mil) but then increased from Dec. 2022 ($225.85 Mil) to Dec. 2023 ($464.72 Mil).


Nikola Cash And Cash Equivalents Historical Data

The historical data trend for Nikola's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nikola Cash And Cash Equivalents Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial 85.69 840.91 497.24 225.85 464.72

Nikola Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 121.14 226.67 362.85 464.72 345.64

Nikola Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.


Nikola  (NAS:NKLA) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.


Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.


Nikola Cash And Cash Equivalents Related Terms

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Nikola (Nikola) Business Description

Address
4141 East Broadway Road, Phoenix, AZ, USA, 85040
Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.
Executives
Joseph S. Cappello officer: President of Energy 13001 BAY PARK ROAD, PASADENA TX 77507
Anastasiya Pasterick officer: Chief Financial Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
John C Vesco director 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Carey Mendes officer: President, Energy 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Michael Lohscheller officer: President, Nikola Motor Div. 4141 E BROADWAY ROAD, PHONEIX AZ 85040
Joseph R. Pike officer: Chief Human Resources Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Britton M. Worthen officer: Chief Legal Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Mark A Russell director, 10 percent owner, officer: President and CEO 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Andrew Vesey director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Trevor R. Milton director, 10 percent owner, officer: Executive Chairman 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Lynn Forester director C/O ESTEE LAUDER COMPANIES INC, 767 FIFTH AVENUE, NEW YORK NY 10153
Pablo M. Koziner officer: President, Nikola Energy 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Mary L Petrovich director
Bruce L. Smith director 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129

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