Nikola Corporation Asset Turnover Ratio (NKLA), as of fourth quarter 2024, current and historic results, rankings and more - CSIMarket
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• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Nikola Corporation  (NKLA)
 

Nikola Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Nikola's asset turnover ratio has remained unchanged compare to previous quarter at 0.07 in the fourth quarter (Dec 31 2024)

Within sector 19 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the fourth quarter 2024 compared to the preceding quarter from 3477 to 3491.

Asset Turnover Ratio Definition


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NKLA Asset Turnover Ratio (Dec 31 2024)
IV. Quarter		 (Sep 30 2024)
III. Quarter		 (Jun 30 2024)
II. Quarter		 (Mar 31 2024)
I. Quarter		 (Dec 31 2023)
IV. Quarter
Y / Y Asset Change -53.26 % -9.9 % -2.52 % -0.72 % 3.03 %
Y / Y Revenue Change -59.68 % - 117.65 % -33.21 % 82.08 %
Asset Turnover Ratio (TTM) 0.07 0.07 0.04 0.03 0.03
NKLA's Total Ranking # 3491 # 3477 # 2488 # 2799 # 2771
Seq. Asset Change -42.48 % -6.6 % -3.72 % -9.64 % 10.88 %
Seq. Revenue Change -80.77 % -19.88 % 321.2 % -37.87 % -



Asset Turnover Ratio Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 20
Consumer Discretionary Sector # 173
Overall Market # 3491

Asset Turnover Ratio Statistics
High Average Low
0.07 0.04 0.03
(Dec 31 2024)   (Sep 30 2023)




NKLA Company Profile • Back to NKLA Efficiency Comparisons • Compare NKLA Asset Turnover Ratio to its Competitors



Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2024, within Consumer Discretionary Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2024 Assets at quarter ending Dec 31 2024
Worksport Ltd   0.30 $ 7.906  Millions$ 26.288  Millions
Nwtn Inc  0.29 $ 11.995  Millions$ 41.465  Millions
Vinfast Auto ltd   0.28 $ 1,808.877  Millions$ 6,409.143  Millions
Taitron Components Inc  0.23 $ 4.141  Millions$ 18.219  Millions
Airwa Inc   0.22 $ 5.252  Millions$ 24.277  Millions
Cenntro Inc   0.19 $ 30.136  Millions$ 158.297  Millions
Luminar Technologies Inc   0.19 $ 75.310  Millions$ 404.595  Millions
Innoviz Technologies Ltd   0.18 $ 24.268  Millions$ 132.049  Millions
Nocopi Technologies Inc   0.15 $ 2.118  Millions$ 13.984  Millions
Interactive Strength Inc   0.14 $ 5.380  Millions$ 37.313  Millions
Livewire Group Inc   0.14 $ 26.633  Millions$ 192.066  Millions
Cheetah Net Supply Chain Service inc   0.11 $ 1.604  Millions$ 14.604  Millions
LSEB Creative Corp.  0.09 $ 0.014  Millions$ 0.151  Millions
Lucid Group Inc   0.09 $ 807.832  Millions$ 8,814.356  Millions
Authentic Holdings Inc   0.08 $ 0.399  Millions$ 4.993  Millions
Nikola Corporation  0.07 $ 68.574  Millions$ 973.572  Millions
Workhorse Group Inc   0.05 $ 5.230  Millions$ 103.625  Millions
Aeva Technologies Inc   0.04 $ 8.210  Millions$ 184.885  Millions



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