Nokia Stock Current Liabilities

NOKBF Stock  USD 4.17  0.07  1.71%   
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 Pink Sheet. 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 pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nokia Company Current Liabilities Analysis

Nokia's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Nokia Current Liabilities

    
  12.52 B  
Most of Nokia's fundamental indicators, such as Current Liabilities, 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 liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Nokia has a Current Liabilities of 12.52 B. This is 32.4% lower than that of the Technology sector and 295.34% higher than that of the Communication Equipment industry. The current liabilities for all United States stocks is 58.45% lower than that of the firm.

Nokia Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nokia's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nokia could also be used in its relative valuation, which is a method of valuing Nokia by comparing valuation metrics of similar companies.
Nokia is currently under evaluation in current liabilities category among its peers.

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 Pink Sheet

Nokia financial ratios help investors to determine whether Nokia Pink Sheet 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.