NIO Net Long-Term Debt 2019-2024 | NIO
NIO annual/quarterly net long-term debt history and growth rate from 2019 to 2024. Net long-term debt can be defined as the net amount of long term debt issued and repaid. This field is either calculated as the sum of the long term debt fields or used if a company does not report debt issued and repaid separately
- NIO net long-term debt for the quarter ending June 30, 2024 was $M, a 100% decline year-over-year.
- NIO net long-term debt for the twelve months ending June 30, 2024 was $0.667B, a 1333.59% increase year-over-year.
- NIO annual net long-term debt for 2023 was $0.667B, a 381.78% decline from 2022.
- NIO annual net long-term debt for 2022 was $-0.237B, a 111.39% decline from 2021.
- NIO annual net long-term debt for 2021 was $2.078B, a 270.89% increase from 2020.
NIO Annual Net Long-Term Debt
(Millions of US $) |
| 2023 |
$667 |
| 2022 |
$-237 |
| 2021 |
$2,078 |
| 2020 |
$560 |
| 2019 |
$444 |
| 2018 |
$383 |
| 2017 |
$ |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$11.638B |
$7.834B |
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NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
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