Nikola Corp (NKLA)
0.535
-0.01
(-2.66%)
USD |
NASDAQ |
May 17, 16:00
0.5393
0.00 (0.00%)
After-Hours: 20:00
Nikola Debt to Equity Ratio: 0.4151 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.4151 |
| December 31, 2023 | 0.3501 |
| September 30, 2023 | 0.4305 |
| June 30, 2023 | 0.6904 |
| March 31, 2023 | 0.5763 |
| December 31, 2022 | 0.6667 |
| September 30, 2022 | 0.5259 |
| June 30, 2022 | 0.4702 |
| March 31, 2022 | 0.0396 |
| Date | Value |
|---|---|
| December 31, 2021 | 0.0355 |
| September 30, 2021 | 0.00 |
| June 30, 2021 | 0.00 |
| March 31, 2021 | 0.00 |
| December 31, 2020 | 0.0042 |
| September 30, 2020 | 0.0038 |
| June 30, 2020 | 0.0047 |
| March 31, 2020 | |
| December 31, 2019 | 0.021 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Mar 2021
0.6904
Maximum
Jun 2023
0.2491
Average
0.0396
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| REV Group Inc | 0.00 |
| Art's-Way Manufacturing Co Inc | 0.6777 |
| Ideanomics Inc | 0.9238 |
| CEA Industries Inc | 0.00 |
| Urban-gro Inc | 0.134 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.152B |
| Total Liabilities (Quarterly) | 565.88M |
| Shareholders Equity (Quarterly) | 586.28M |
| Current Ratio | 1.730 |
| Net Debt Paydown Yield | 1.54% |