Nokia Corp Financials

NOK Stock  USD 4.20  0.01  0.24%   
Based on the analysis of Nokia Corp's profitability, liquidity, and operating efficiency, Nokia Corp ADR may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Nokia Corp's Property Plant And Equipment Gross is quite stable compared to the past year. Total Current Assets is expected to rise to about 19.3 B this year, although the value of Other Current Liabilities will most likely fall to about 3.3 B. Key indicators impacting Nokia Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.220.2041
Significantly Up
Slightly volatile
Current Ratio1.861.6616
Moderately Up
Pretty Stable
The essential information of the day-to-day investment outlook for Nokia Corp includes many different criteria found on its balance sheet. An individual investor should monitor Nokia Corp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nokia Corp.

Cash And Equivalents

5.27 Billion

  
Understanding current and past Nokia Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nokia Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Nokia Corp's assets may result in an increase in income on the income statement.

Nokia Corp Stock Summary

Nokia Corp competes with Comtech Telecommunicatio, KVH Industries, Silicom, Knowles Cor, and ADTRAN. Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland. Nokia Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 87927 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6549022043
CUSIP654902204
LocationFinland
Business AddressKarakaari 7, Espoo,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.nokia.com
Phone358 1044 88000
CurrencyUSD - US Dollar

Nokia Corp Key Financial Ratios

Nokia Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets39.1B36.3B40.0B42.9B39.9B30.7B
Other Current Liab4.8B5.1B5.5B5.5B4.4B3.3B
Net Debt(603M)(454M)(1.0B)52M(1.0B)(1.1B)
Retained Earnings(1.6B)(4.1B)(2.5B)1.4B1.4B1.3B
Accounts Payable3.8B3.2B3.7B4.7B3.4B3.9B
Cash5.9B6.9B6.7B5.5B6.2B4.1B
Net Receivables6.8B6.6B6.5B1.2B6.7B6.2B
Inventory2.9B2.2B2.4B3.3B2.7B2.2B
Total Liab23.7B23.6B22.6B21.5B19.2B16.7B
Total Current Assets16.8B18.3B19.6B20.3B18.2B19.3B
Short Term Debt551M750M301M412M752M667.5M
Intangible Assets2.4B2.0B1.6B1.3B1.1B1.6B
Other Liab6.9B6.1B5.1B3.6B4.2B2.8B
Other Assets10.2B7.1B9.3B10.8B(4.9B)(4.6B)
Long Term Debt4.0B5.0B4.5B4.2B3.6B3.1B
Good Will5.5B5.1B5.4B5.7B5.5B3.7B
Other Current Assets875M1.3B1.4B10.4B467M443.7M
Short Long Term Debt292M561M116M228M554M742.3M
Net Tangible Assets7.4B5.4B10.3B14.4B16.6B9.4B

Nokia Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense308M235M206M222M358M375.9M
Total Revenue23.3B21.9B22.2B24.9B22.3B28.7B
Gross Profit8.3B8.2B8.8B10.2B8.7B10.2B
Operating Income(59M)814M918M2.2B2.3B1.8B
Ebit2.5B911M2.1B2.4B1.9B2.0B
Ebitda2.5B2.1B3.2B3.5B2.9B2.7B
Cost Of Revenue15.0B13.7B13.4B14.7B13.6B18.5B
Income Before Tax156M834M1.9B2.2B1.5B1.7B
Net Income18M(2.4B)1.6B4.3B665M1.3B
Income Tax Expense138M3.3B272M(2.0B)825M559.4M
Research Development4.4B4.1B4.2B4.6B4.3B4.1B
Tax Provision138M3.3B272M(2.0B)(2.0B)(1.9B)
Interest Income314M84M232M149M407M272.6M
Extraordinary Items(7M)(3M)(9M)49M44.1M70.5M
Net Interest Income(214M)(241M)(106M)(108M)(158M)(165.9M)

Nokia Corp Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(351M)1.0B(249M)(1.2B)767M385.2M
Free Cash Flow(300M)1.3B2.1B873M665M631.8M
Other Non Cash Items286M465M(228M)(201M)(194M)(184.3M)
Dividends Paid570M148M9M353M611M757.9M
Capital Expenditures672M690M479M560M652M530.1M
Net Income11M(2.4B)1.6B4.3B679M1.3B
End Period Cash Flow5.9B6.9B6.7B5.5B6.2B6.4B
Change To Inventory285M547M(48M)(991M)478M501.9M
Depreciation1.7B1.1B1.1B1.1B1.1B1.2B
Investments(167M)(1.5B)(1.2B)(1.9B)1.0B1.1B
Net Borrowings92M1.0B(1.2B)(184M)(211.6M)(222.2M)
Change To Netincome511M3.9B175M(2.1B)(2.4B)(2.3B)

Nokia Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nokia Corp's current stock value. Our valuation model uses many indicators to compare Nokia Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nokia Corp competition to find correlations between indicators driving Nokia Corp's intrinsic value. More Info.
Nokia Corp ADR is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers reporting about  0.72  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nokia Corp ADR is roughly  1.39 . At this time, Nokia Corp's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nokia Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Nokia Corp ADR Systematic Risk

Nokia Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nokia Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Nokia Corp ADR correlated with the market. If Beta is less than 0 Nokia Corp generally moves in the opposite direction as compared to the market. If Nokia Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nokia Corp ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nokia Corp is generally in the same direction as the market. If Beta > 1 Nokia Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Nokia Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nokia Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nokia Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

At this time, Nokia Corp's Price Earnings To Growth Ratio is quite stable compared to the past year.

Nokia Corp December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nokia Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nokia Corp ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nokia Corp ADR based on widely used predictive technical indicators. In general, we focus on analyzing Nokia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nokia Corp's daily price indicators and compare them against related drivers.
When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nokia Corp. If investors know Nokia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nokia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.506
Dividend Share
0.13
Earnings Share
0.17
Revenue Per Share
3.591
Quarterly Revenue Growth
(0.08)
The market value of Nokia Corp ADR is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.