Nokia Oyj Stock Current Ratio
NOKIA Stock | EUR 3.40 0.04 1.16% |
Nokia Oyj fundamentals help investors to digest information that contributes to Nokia Oyj's financial success or failures. It also enables traders to predict the movement of Nokia Stock. The fundamental analysis module provides a way to measure Nokia Oyj's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nokia Oyj stock.
Nokia |
Nokia Oyj Company Current Ratio Analysis
Nokia Oyj's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Nokia Oyj Current Ratio | 1.34 X |
Most of Nokia Oyj's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nokia Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Nokia Oyj has a Current Ratio of 1.34 times. This is 52.65% lower than that of the Technology sector and 69.55% lower than that of the Communication Equipment industry. The current ratio for all France stocks is 37.96% higher than that of the company.
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Nokia Fundamentals
Return On Equity | 0.22 | |||
Return On Asset | 0.0402 | |||
Profit Margin | 0.17 % | |||
Operating Margin | 0.11 % | |||
Current Valuation | 22.4 B | |||
Shares Outstanding | 5.59 B | |||
Shares Owned By Insiders | 5.96 % | |||
Shares Owned By Institutions | 33.90 % | |||
Price To Earning | (70.90) X | |||
Price To Book | 1.34 X | |||
Price To Sales | 1.10 X | |||
Revenue | 24.91 B | |||
Gross Profit | 10.32 B | |||
EBITDA | 3.26 B | |||
Net Income | 4.26 B | |||
Cash And Equivalents | 5.07 B | |||
Cash Per Share | 0.91 X | |||
Total Debt | 4.25 B | |||
Debt To Equity | 36.50 % | |||
Current Ratio | 1.34 X | |||
Book Value Per Share | 3.82 X | |||
Cash Flow From Operations | 1.47 B | |||
Earnings Per Share | 0.73 X | |||
Price To Earnings To Growth | 8.90 X | |||
Number Of Employees | 50 | |||
Beta | 0.63 | |||
Market Capitalization | 24.86 B | |||
Total Asset | 42.94 B | |||
Retained Earnings | 2.95 B | |||
Working Capital | 7.88 B | |||
Current Asset | 20.4 B | |||
Current Liabilities | 12.52 B | |||
Z Score | 3.0 | |||
Annual Yield | 0.02 % | |||
Net Asset | 42.94 B | |||
Last Dividend Paid | 0.12 |
About Nokia Oyj Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nokia Oyj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokia Oyj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokia Oyj based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Nokia Oyj information on this page should be used as a complementary analysis to other Nokia Oyj's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Nokia Stock analysis
When running Nokia Oyj's price analysis, check to measure Nokia Oyj's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nokia Oyj is operating at the current time. Most of Nokia Oyj's value examination focuses on studying past and present price action to predict the probability of Nokia Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokia Oyj's price. Additionally, you may evaluate how the addition of Nokia Oyj to your portfolios can decrease your overall portfolio volatility.
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