Nikola (LTS:0A3R) Accumulated Depreciation : $-52.38 Mil (As of Mar. 2024)

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What is Nikola Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Nikola's quarterly accumulated depreciation increased from Sep. 2023 ($-38.92 Mil) to Dec. 2023 ($-43.95 Mil) and increased from Dec. 2023 ($-43.95 Mil) to Mar. 2024 ($-52.38 Mil).

Nikola's annual accumulated depreciation increased from Dec. 2021 ($-16.51 Mil) to Dec. 2022 ($-30.83 Mil) and increased from Dec. 2022 ($-30.83 Mil) to Dec. 2023 ($-43.95 Mil).

Nikola Accumulated Depreciation Historical Data

The historical data trend for Nikola's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nikola Accumulated Depreciation Chart

Nikola Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-3.50

-8.42

-16.51

-30.83

-43.95

Nikola Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-36.14	-38.61	-38.92	-43.95	-52.38

Nikola Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Nikola Accumulated Depreciation Related Terms

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Nikola (LTS:0A3R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikola Corp (LTS:0A3R) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NKLA:USA NKLA:Mexico 1NKLA:Italy 8NI:Germany NKLA:Austria

Address

4141 East Broadway Road, Phoenix, AZ, USA, 85040

Website

https://www.nikolamotor.com

Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.

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