Nikola Corp (NKLA)
2.03
+0.12
(+6.28%)
USD |
NASDAQ |
Nov 21, 16:00
2.03
0.00 (0.00%)
After-Hours: 20:00
Nikola Debt to Equity Ratio: 0.819 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.819 |
| June 30, 2024 | 0.467 |
| 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 |
| Date | Value |
|---|---|
| March 31, 2022 | 0.0396 |
| 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
0.819
Maximum
Sep 2024
0.2905
Average
0.3501
Median
Dec 2023
Debt to Equity Ratio Benchmarks
| Art's-Way Manufacturing Co Inc | 0.5792 |
| CEA Industries Inc | 0.00 |
| Urban-gro Inc | 0.134 |
| Hydrofarm Holdings Group Inc | 0.478 |
| Agrify Corp | 1.383 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.036B |
| Total Liabilities (Quarterly) | 656.80M |
| Shareholders Equity (Quarterly) | 379.25M |
| Current Ratio | 1.166 |
| Net Debt Paydown Yield | 3.97% |