Nokia Oyj Stock Current Liabilities

NOKIA Stock  EUR 4.00  0.04  1.01%   
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.
  
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Nokia Oyj Company Current Liabilities Analysis

Nokia Oyj'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 Oyj Current Liabilities

    
  12.52 B  
Most of Nokia Oyj'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 Oyj 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 Oyj 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 France 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 Oyj's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nokia Oyj could also be used in its relative valuation, which is a method of valuing Nokia Oyj by comparing valuation metrics of similar companies.
Nokia Oyj is currently under evaluation in current liabilities category among its peers.

Nokia Fundamentals

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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Additional 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.