Nokia Stock Current Asset

NOA3 Stock  EUR 3.99  0.01  0.25%   
Nokia fundamentals help investors to digest information that contributes to Nokia'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'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 stock.
  
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Nokia Company Current Asset Analysis

Nokia's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Nokia Current Asset

    
  20.4 B  
Most of Nokia's fundamental indicators, such as Current Asset, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Nokia has a Current Asset of 20.4 B. This is 27.9% lower than that of the Technology sector and 254.25% higher than that of the Communication Equipment industry. The current asset for all Germany stocks is 118.47% lower than that of the firm.

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Nokia Fundamentals

About Nokia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nokia's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokia 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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Other Information on Investing in Nokia Stock

Nokia financial ratios help investors to determine whether Nokia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nokia with respect to the benefits of owning Nokia security.