Nikola (NKLA) - Total debt

Total debt on the balance sheet as of September 2024 : NZ$0.59 Billion

According to Nikola's latest financial reports the company's total debt is NZ$0.59 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	NZ$0.45 B	-20.53%
2022-12-31	NZ$0.56 B	1310.42%
2021-12-31	NZ$40.18 M	51.61%
2020-12-31	NZ$26.5 M	275.04%
2019-12-31	NZ$7.06 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	NZ$0.31 B	-47.75%	🇺🇸 USA
Nikola NKLA	NZ$0.59 B	0.00%	🇺🇸 USA
NIO NIO	NZ$7.75 B	1,192.12%	🇨🇳 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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