Nikola Stock

Nikola Financial Leverage

Delisted·Dec 24, 2025

The Financial Leverage (Equity Multiplier) of Nikola (NKLAQ) as of Aug 25, 2026 is 5.55. In the previous year, Financial Leverage (Equity Multiplier) was 1.77 — a change of 213.08% (higher).

Financial Leverage

5.55

YoY

213.08%

Last updated:

Financial Leverage (Equity Multiplier) of Nikola is 2026 5.55 . Financial Leverage (Equity Multiplier) of Nikola was 2025 1.77 . It decreases by 213.08% higher compared to the previous year.

The Nikola Financial Leverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Financial Leverage
Date
Financial Leverage
Jan 1, 2018
1.00 USD
Jan 1, 2019
1.00 USD
Jan 1, 2020
1.08 USD
Jan 1, 2021
1.43 USD
Jan 1, 2022
2.35 USD
Jan 1, 2023
1.77 USD
Jan 1, 2024
5.55 USD
The Nikola Financial Leverage history
YEARFinancial LeverageYoY
5.55+213.08%
1.77-24.53%
2.35+64.59%
1.43+32.75%
1.08+7.13%
1.00-0.05%
1.00
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Nikola Stock analysis

What does Nikola do? Nikola is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nikola stock

Financial Leverage (Equity Multiplier) of Nikola is 5.55 in 2026.

Financial Leverage (Equity Multiplier) of Nikola changed from 1.77 to 5.55, representing a 213.08% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Financial Leverage (Equity Multiplier) Nikola since 2006 – with annual values, charts, and detailed analysis.

Financial leverage, also known as the equity multiplier, measures total assets relative to equity. Higher leverage amplifies both returns and risks.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Financial Leverage (Equity Multiplier)'s Nikola with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Leverage — Nikola

All Key Metrics — Nikola