Nikola (NKLA) - Cash on Hand

Cash on Hand as of September 2024 : ₹16.75 Billion

According to Nikola's latest financial reports the company has ₹16.75 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	₹38.68 B	107%
2022-12-31	₹18.68 B	-49.5%
2021-12-31	₹37.01 B	-39.82%
2020-12-31	₹61.49 B	906.45%
2019-12-31	₹6.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	₹1.81 B	-89.19%	🇺🇸 USA
Nikola NKLA	₹16.75 B	0.00%	🇺🇸 USA
NIO NIO	₹421.64 B	2,417.23%	🇨🇳 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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