Nokia Income Tax Expense vs Depreciation And Amortization Analysis
| NOK Stock | USD 4.19 0.01 0.24% |
Nokia Corp financial indicator trend analysis is infinitely more than just investigating Nokia Corp ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nokia Corp ADR is a good investment. Please check the relationship between Nokia Corp Income Tax Expense and its Depreciation And Amortization accounts. 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.
Income Tax Expense vs Depreciation And Amortization
Income Tax Expense vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nokia Corp ADR Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nokia Corp's Income Tax Expense and Depreciation And Amortization is 0.22. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Nokia Corp ADR, assuming nothing else is changed. The correlation between historical values of Nokia Corp's Income Tax Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Nokia Corp ADR are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Tax Expense i.e., Nokia Corp's Income Tax Expense and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Income Tax Expense
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Nokia Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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. Sales General And Administrative To Revenue is expected to rise to 0.05 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 fundamental ratios Correlations
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Nokia Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nokia Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 39.1B | 36.3B | 40.0B | 42.9B | 39.9B | 30.7B | |
| Short Long Term Debt Total | 5.3B | 6.5B | 5.7B | 5.5B | 5.2B | 3.4B | |
| Other Current Liab | 4.8B | 5.1B | 5.5B | 5.5B | 4.4B | 3.3B | |
| Total Current Liabilities | 12.1B | 11.8B | 12.1B | 12.8B | 10.9B | 11.9B | |
| Total Stockholder Equity | 15.3B | 12.6B | 17.4B | 21.3B | 20.5B | 13.4B | |
| Property Plant And Equipment Net | 2.8B | 2.6B | 2.8B | 2.9B | 2.9B | 2.0B | |
| Net Debt | (603M) | (454M) | (1.0B) | 52M | (1.0B) | (1.1B) | |
| Retained Earnings | (1.6B) | (4.1B) | (2.5B) | 1.4B | 1.4B | 1.3B | |
| Accounts Payable | 3.8B | 3.2B | 3.7B | 4.7B | 3.4B | 3.9B | |
| Cash | 5.9B | 6.9B | 6.7B | 5.5B | 6.2B | 4.1B | |
| Non Current Assets Total | 22.3B | 18.0B | 20.5B | 22.7B | 26.6B | 27.9B | |
| Non Currrent Assets Other | 5.1B | 5.3B | 8.0B | 7.0B | 10.5B | 11.0B | |
| Cash And Short Term Investments | 6.2B | 8.3B | 9.6B | 9.2B | 7.8B | 8.7B | |
| Net Receivables | 6.8B | 6.6B | 6.5B | 1.2B | 6.1B | 6.2B | |
| Common Stock Shares Outstanding | 5.6B | 5.6B | 5.7B | 5.7B | 5.6B | 8.0B | |
| Liabilities And Stockholders Equity | 39.1B | 36.3B | 40.0B | 42.9B | 39.9B | 30.7B | |
| Non Current Liabilities Total | 11.7B | 11.9B | 10.5B | 8.7B | 13.1B | 13.8B | |
| Inventory | 2.9B | 2.2B | 2.4B | 3.3B | 2.7B | 2.2B | |
| Other Stockholder Equity | 75M | 183M | 102M | 151M | 276M | 157.2M | |
| Total Liab | 23.7B | 23.6B | 22.6B | 21.5B | 19.2B | 16.7B | |
| Property Plant And Equipment Gross | 2.8B | 2.6B | 2.8B | 2.9B | 6.9B | 7.2B | |
| Total Current Assets | 16.8B | 18.3B | 19.6B | 20.3B | 18.2B | 19.3B | |
| Short Term Debt | 551M | 750M | 301M | 412M | 752M | 667.5M | |
| Intangible Assets | 2.4B | 2.0B | 1.6B | 1.3B | 1.1B | 1.6B | |
| Short Term Investments | 261M | 1.3B | 2.9B | 3.7B | 1.6B | 1.5B | |
| Accumulated Other Comprehensive Income | 16.6B | 16.3B | 19.5B | 19.6B | 18.6B | 19.5B | |
| Other Liab | 6.9B | 6.1B | 5.1B | 3.6B | 4.2B | 2.8B | |
| Other Assets | 10.2B | 7.1B | 9.3B | 10.8B | (4.9B) | (4.6B) | |
| Long Term Debt | 4.0B | 5.0B | 4.5B | 4.2B | 3.6B | 3.1B | |
| Good Will | 5.5B | 5.1B | 5.4B | 5.7B | 5.5B | 3.7B | |
| Other Current Assets | 875M | 1.3B | 1.4B | 10.4B | 467M | 443.7M | |
| Property Plant Equipment | 2.8B | 2.6B | 2.8B | 2.9B | 3.4B | 2.4B | |
| Long Term Investments | 1.4B | 1.3B | 1.3B | 2.0B | 1.9B | 1.5B | |
| Short Long Term Debt | 292M | 561M | 116M | 228M | 554M | 742.3M | |
| Net Tangible Assets | 7.4B | 5.4B | 10.3B | 14.4B | 16.6B | 9.4B |
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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 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 0.506 | 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.