Nokia Financial Statements From 2010 to 2026

NOK Stock  USD 6.41  0.14  2.14%   
Analyzing historical trends in various income statement and balance sheet accounts from Nokia Corp's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nokia Corp's valuation are summarized below:
Gross Profit
8.9 B
Profit Margin
0.047
Market Capitalization
37.1 B
Enterprise Value Revenue
1.5016
Revenue
19.7 B
There are currently one hundred twenty fundamental ratios for Nokia Corp that can be evaluated and compared over time across peers in the industry. We recommend to check Nokia Corp's last-minute fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 36.5 B this year. Enterprise Value is expected to rise to about 34.3 B this year

Nokia Corp Total Revenue

28.42 Billion

Check Nokia Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nokia Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 434.9 M or Selling General Administrative of 2.5 B, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0218 or PTB Ratio of 1.24. Nokia financial statements analysis is a perfect complement when working with Nokia Corp Valuation or Volatility modules.
  
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Check out the analysis of Nokia Corp Correlation against competitors.

Nokia Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets31.7 B45 B35 B
Slightly volatile
Short and Long Term Debt Total3.5 B5.5 B4.7 B
Slightly volatile
Total Current Liabilities12.1 B13.1 B11.9 B
Pretty Stable
Total Stockholder Equity13.9 B23.8 B14.7 B
Slightly volatile
Property Plant And Equipment NetB2.4 BB
Slightly volatile
Accounts PayableB3.7 B3.6 B
Pretty Stable
Cash4.3 B7.6 B6.2 B
Slightly volatile
Non Current Assets Total12.2 B24.3 B16.5 B
Slightly volatile
Non Currrent Assets Other8.6 B8.2 B4.2 B
Slightly volatile
Cash And Short Term Investments8.8 B10.2 B8.6 B
Pretty Stable
Net Receivables6.5 B7.7 B6.1 B
Slightly volatile
Common Stock Shares Outstanding5.2 BBB
Slightly volatile
Liabilities And Stockholders Equity31.7 B45 B35 B
Slightly volatile
Non Current Liabilities Total5.3 B8.1 B8.1 B
Slightly volatile
Inventory2.2 B2.5 B2.3 B
Slightly volatile
Total Liabilities17.3 B21.2 B20 B
Slightly volatile
Property Plant And Equipment Gross7.5 B7.1 BB
Slightly volatile
Total Current Assets19.5 B20.7 B18.6 B
Slightly volatile
Intangible Assets1.6 B922.3 M1.7 B
Pretty Stable
Short Term Investments3.5 B2.1 B2.4 B
Pretty Stable
Common Stock Total Equity206.2 M221.4 M242.5 M
Slightly volatile
Common Stock206.6 M221.4 M247.5 M
Pretty Stable
Current Deferred Revenue1.3 B1.4 B2.8 B
Slightly volatile
Other Liabilities2.8 B4.2 B4.3 B
Pretty Stable
Long Term Debt3.1 B3.4 B3.7 B
Very volatile
Good Will3.9 B6.6 B4.6 B
Slightly volatile
Other Current Assets147.9 M155.7 M1.4 B
Slightly volatile
Property Plant Equipment2.4 B2.4 B2.1 B
Slightly volatile
Long Term Investments1.5 BB1.3 B
Slightly volatile
Short and Long Term Debt745 M872.1 M1.9 B
Slightly volatile
Net Tangible Assets9.4 B16.6 B9.1 B
Slightly volatile
Cash And Equivalents5.2 BB6.8 B
Slightly volatile
Net Invested Capital23.9 B28.2 B21.5 B
Slightly volatile
Net Working Capital7.1 B7.6 B6.8 B
Very volatile
Capital Stock196.8 M221.4 M241.7 M
Slightly volatile

Nokia Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative2.5 B3.3 B2.6 B
Slightly volatile
Total Revenue28.4 B22.1 B21.5 B
Pretty Stable
Gross Profit10.2 B10.2 B8.1 B
Slightly volatile
Other Operating Expenses25.8 B19.8 B20.5 B
Very volatile
Cost Of Revenue13.2 B9.3 B13 B
Pretty Stable
Total Operating Expenses7.6 B7.9 B7.1 B
Pretty Stable
Research Development4.2 B5.2 BB
Slightly volatile
Selling And Marketing Expenses2.5 B2.7 B2.9 B
Very volatile
Interest Income297.9 M549.7 M260.3 M
Slightly volatile
Reconciled DepreciationB912.6 M1.4 B
Slightly volatile

Nokia Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow5.9 B7.2 B6.6 B
Very volatile
Dividends Paid751.9 M650.7 M693.4 M
Pretty Stable
Capital Expenditures525 M424.8 M519.5 M
Pretty Stable
End Period Cash Flow6.4 B7.6 B6.6 B
Very volatile
Depreciation1.2 B1.2 B1.1 B
Pretty Stable
Stock Based Compensation291 M277.1 M123.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.331.43.1172
Slightly volatile
Dividend Yield0.02180.02780.0336
Slightly volatile
PTB Ratio1.241.36.948
Slightly volatile
Days Sales Outstanding71.54115103
Slightly volatile
Book Value Per Share2.173.412.8324
Slightly volatile
Stock Based Compensation To Revenue0.01180.01130.0051
Slightly volatile
Capex To Depreciation0.80.540.5853
Pretty Stable
PB Ratio1.241.36.948
Slightly volatile
EV To Sales1.221.293.0295
Slightly volatile
Inventory Turnover9.695.516.594
Slightly volatile
Days Of Inventory On Hand42.2568.6165.1901
Very volatile
Payables Turnover4.993.713.8052
Very volatile
Sales General And Administrative To Revenue0.02720.04940.0484
Slightly volatile
Average Inventory1.2 B1.3 B1.4 B
Slightly volatile
Research And Ddevelopement To Revenue0.120.210.1822
Slightly volatile
Capex To Revenue0.03440.02820.0291
Pretty Stable
Cash Per Share1.381.361.7258
Slightly volatile
Days Payables Outstanding71.8810299.1027
Very volatile
Intangibles To Total Assets0.0960.150.1598
Pretty Stable
Current Ratio1.861.821.6255
Pretty Stable
Tangible Book Value Per Share1.442.341.6778
Slightly volatile
Receivables Turnover4.793.283.6453
Slightly volatile
Graham Number4.154.04.1218
Pretty Stable
Shareholders Equity Per Share2.063.42.7491
Slightly volatile
Debt To Equity0.220.210.3649
Slightly volatile
Capex Per Share0.140.09910.1092
Pretty Stable
Revenue Per Share4.53.164.3639
Slightly volatile
Interest Debt Per Share0.560.840.9684
Pretty Stable
Debt To Assets0.0880.110.1376
Slightly volatile
Enterprise Value Over EBITDA6.857.2129.9874
Slightly volatile
Operating Cycle114184168
Pretty Stable
Price Book Value Ratio1.241.36.948
Slightly volatile
Days Of Payables Outstanding71.8810299.1027
Very volatile
Company Equity Multiplier1.851.712.4705
Slightly volatile
Long Term Debt To Capitalization0.110.12380.1968
Slightly volatile
Total Debt To Capitalization0.160.170.2516
Slightly volatile
Debt Equity Ratio0.220.210.3649
Slightly volatile
Quick Ratio1.621.61.4095
Pretty Stable
Cash Ratio0.290.520.5274
Very volatile
Cash Conversion Cycle41.981.8669.2338
Slightly volatile
Days Of Inventory Outstanding42.2568.6165.1901
Very volatile
Days Of Sales Outstanding71.54115103
Slightly volatile
Price To Book Ratio1.241.36.948
Slightly volatile
Fixed Asset Turnover16.4210.4312.9579
Slightly volatile
Enterprise Value Multiple6.857.2129.9874
Slightly volatile
Debt Ratio0.0880.110.1376
Slightly volatile
Price Sales Ratio1.331.43.1172
Slightly volatile
Asset Turnover1.10.560.6829
Slightly volatile
Gross Profit Margin0.30.420.3779
Slightly volatile
Price Fair Value1.241.36.948
Slightly volatile

Nokia Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap36.5 B26.9 B25.3 B
Very volatile
Enterprise Value34.3 B24.7 B23.3 B
Very volatile

Nokia Fundamental Market Drivers

Forward Price Earnings18.3486
Cash And Short Term Investments8.9 B

Nokia Upcoming Events

25th of January 2024
Upcoming Quarterly Report
View
18th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
25th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Nokia Corp Financial Statements

Nokia Corp investors utilize fundamental indicators, such as revenue or net income, to predict how Nokia Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.4 B1.3 B
Total Revenue22.1 B28.4 B
Cost Of Revenue9.3 B13.2 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.05  0.03 
Research And Ddevelopement To Revenue 0.21  0.12 
Capex To Revenue 0.03  0.03 
Revenue Per Share 3.16  4.50 
Ebit Per Revenue 0.12  0.10 

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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 the analysis of Nokia Corp Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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
(0.68)
Dividend Share
0.14
Earnings Share
0.19
Revenue Per Share
3.663
Quarterly Revenue Growth
0.116
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.