Nokia Historical Income Statement
| NOK Stock | USD 4.19 0.01 0.24% |
Historical analysis of Nokia Corp income statement accounts such as Total Revenue of 28.7 B can show how well Nokia Corp ADR performed in making a profits. Evaluating Nokia Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nokia Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nokia Corp ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nokia Corp ADR is a good buy for the upcoming year.
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About Nokia Income Statement Analysis
Nokia Corp ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nokia Corp shareholders. The income statement also shows Nokia investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Nokia Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Nokia Corp ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Nokia Corp ADR minus its cost of goods sold. It is profit before Nokia Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nokia Corp ADR. It is also known as Nokia Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Nokia Corp ADR income statement and represents the costs associated with goods and services Nokia Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Nokia Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nokia Corp ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At this time, Nokia Corp's Total Operating Expenses is quite stable compared to the past year. Income Before Tax is expected to rise to about 1.7 B this year, although the value of Selling General Administrative will most likely fall to about 2.7 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.8B | 10.2B | 8.8B | 10.3B | Total Revenue | 22.2B | 24.9B | 22.3B | 28.7B |
Nokia Corp income statement Correlations
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Nokia Corp Account Relationship Matchups
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Nokia Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 1.1B | 1.1B | 1.1B | 1.1B | 670.5M | |
| Interest Expense | 308M | 235M | 206M | 222M | 291M | 157.1M | |
| Selling General Administrative | 3.1B | 2.9B | 2.8B | 3.0B | 3.0B | 2.7B | |
| Total Revenue | 23.3B | 21.9B | 22.2B | 24.9B | 22.3B | 28.7B | |
| Gross Profit | 8.3B | 8.2B | 8.8B | 10.2B | 8.8B | 10.3B | |
| Other Operating Expenses | 22.5B | 20.9B | 20.0B | 22.6B | 20.6B | 26.1B | |
| Operating Income | 814M | 918M | 2.2B | 2.3B | 2.0B | 1.8B | |
| Ebit | 2.5B | 911M | 2.1B | 2.4B | 1.9B | 2.0B | |
| Ebitda | 2.5B | 2.1B | 3.2B | 3.5B | 2.9B | 2.7B | |
| Cost Of Revenue | 15.0B | 13.7B | 13.4B | 14.7B | 13.4B | 18.5B | |
| Total Operating Expenses | 7.5B | 7.3B | 6.7B | 7.9B | 7.0B | 7.6B | |
| Income Before Tax | 156M | 834M | 1.9B | 2.2B | 1.5B | 1.7B | |
| Total Other Income Expense Net | (658M) | (142M) | (232M) | (134M) | (534M) | (507.3M) | |
| Net Income | 18M | (2.4B) | 1.6B | 4.3B | 665M | 1.3B | |
| Income Tax Expense | 138M | 3.3B | 272M | (2.0B) | 825M | 559.4M | |
| Research Development | 4.4B | 4.1B | 4.2B | 4.6B | 4.3B | 4.1B | |
| Net Income Applicable To Common Shares | 7M | (2.5B) | 1.6B | 4.3B | 3.8B | 2.0B | |
| Selling And Marketing Expenses | 3.1B | 2.9B | 2.8B | 3.0B | 2.7B | 2.5B | |
| Discontinued Operations | (7M) | (3M) | (9M) | 49M | 44.1M | 41.9M | |
| Net Income From Continuing Ops | 18M | (2.4B) | 1.7B | 4.2B | 3.9B | 4.1B | |
| Tax Provision | 138M | 3.3B | 272M | (2.0B) | (2.0B) | (1.9B) | |
| Interest Income | 314M | 84M | 232M | 149M | 407M | 272.6M | |
| Extraordinary Items | (7M) | (3M) | (9M) | 49M | 44.1M | 70.5M | |
| Net Interest Income | (214M) | (241M) | (106M) | (108M) | (158M) | (165.9M) | |
| Reconciled Depreciation | 1.7B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B |
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Try AI Portfolio ArchitectCheck 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 0.16 | 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.