Nikola (NKLA) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.35 Billion

According to Nikola's latest financial reports the company has NZ$0.35 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	NZ$0.73 B	106.58%
2022-12-31	NZ$0.35 B	-51.14%
2021-12-31	NZ$0.72 B	-37.54%
2020-12-31	NZ$1.16 B	816%
2019-12-31	NZ$0.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	NZ$38.22 M	-89.19%	🇺🇸 USA
Nikola NKLA	NZ$0.35 B	0.00%	🇺🇸 USA
NIO NIO	NZ$9.44 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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