Nikola (NKLA) - Total debt

Total debt on the balance sheet as of September 2024 : S$0.45 Billion

According to Nikola's latest financial reports the company's total debt is S$0.45 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	S$0.37 B	-22.02%
2022-12-31	S$0.48 B	1200.04%
2021-12-31	S$37.1 M	46.66%
2020-12-31	S$25.3 M	294.28%
2019-12-31	S$6.41 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	S$0.24 B	-45.56%	🇺🇸 USA
Nikola NKLA	S$0.45 B	0.00%	🇺🇸 USA
NIO NIO	S$5.60 B	1,125.11%	🇨🇳 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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