Nikola (NKLA) - Total debt

Total debt on the balance sheet as of September 2024 : C$0.50 Billion

According to Nikola's latest financial reports the company's total debt is C$0.50 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	C$0.37 B	-22.63%
2022-12-31	C$0.48 B	1295.89%
2021-12-31	C$34.98 M	43.45%
2020-12-31	C$24.38 M	292.27%
2019-12-31	C$6.21 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	C$0.26 B	-47.75%	🇺🇸 USA
Nikola NKLA	C$0.50 B	0.00%	🇺🇸 USA
NIO NIO	C$6.94 B	1,269.76%	🇨🇳 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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