Nokia Non Current Assets Total vs Total Current Liabilities Analysis

NOK Stock

USD 4.99 0.02 0.40%

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 Non Current Assets Total and its Total Current Liabilities 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.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nokia Corp ADR Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Nokia Corp's Non Current Assets Total and Total Current Liabilities is 0.44. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Nokia Corp ADR are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Nokia Corp's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Nokia Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nokia Corp ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

The value of Selling General Administrative is expected to slide to about 2.7 B. The value of Discontinued Operations is estimated to slide to about 41.9 M

	2022	2023	2024	2025 (projected)
Gross Profit	10.2B	8.7B	10.0B	10.2B
Total Revenue	24.9B	22.3B	25.6B	28.7B

Gross Profit Total Revenue

Nokia Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Common Stock Total Equity	Common Stock
Total Assets		0.63	0.46	0.71	0.9	0.78	0.02	-0.28	0.73	0.46	0.86	0.69	0.55	0.65	0.38	0.85	0.76	-0.41	0.92	0.42	0.77	-0.14	0.63	0.06	-0.17	-0.16
Short Long Term Debt Total	0.63		0.65	0.75	0.39	0.53	0.32	-0.3	0.4	0.47	0.36	0.35	0.52	0.3	-0.06	0.49	0.27	-0.1	0.73	0.21	0.68	0.42	0.03	0.06	-0.02	-0.01
Other Current Liab	0.46	0.65		0.48	0.27	0.18	-0.39	-0.36	0.12	0.86	0.32	0.26	0.4	0.12	0.03	0.49	0.07	-0.34	0.57	0.01	0.4	0.26	0.2	-0.5	0.02	0.03
Total Current Liabilities	0.71	0.75	0.48		0.39	0.35	0.24	0.02	0.78	0.34	0.44	0.22	0.67	0.52	0.02	0.45	0.36	-0.39	0.85	0.14	0.91	0.35	0.36	0.34	-0.12	-0.12
Total Stockholder Equity	0.9	0.39	0.27	0.39		0.82	-0.03	-0.25	0.55	0.34	0.87	0.8	0.4	0.49	0.47	0.73	0.79	-0.25	0.66	0.59	0.54	-0.32	0.5	0.02	-0.27	-0.26
Property Plant And Equipment Net	0.78	0.53	0.18	0.35	0.82		0.32	-0.55	0.56	0.11	0.81	0.86	0.13	0.45	0.53	0.68	0.85	0.14	0.6	0.65	0.38	-0.29	0.31	-0.02	-0.26	-0.25
Net Debt	0.02	0.32	-0.39	0.24	-0.03	0.32		-0.07	0.3	-0.68	0.0	0.1	-0.17	-0.08	0.01	-0.18	0.26	0.55	0.04	0.2	0.09	0.37	-0.25	0.54	-0.06	-0.06
Retained Earnings	-0.28	-0.3	-0.36	0.02	-0.25	-0.55	-0.07		-0.01	-0.17	-0.49	-0.65	0.36	-0.17	-0.57	-0.57	-0.46	-0.29	-0.32	-0.24	0.17	0.05	-0.25	0.6	0.05	0.05
Accounts Payable	0.73	0.4	0.12	0.78	0.55	0.56	0.3	-0.01		0.03	0.6	0.39	0.44	0.51	0.26	0.46	0.7	-0.23	0.73	0.28	0.73	-0.17	0.45	0.41	-0.18	-0.17
Cash	0.46	0.47	0.86	0.34	0.34	0.11	-0.68	-0.17	0.03		0.27	0.17	0.56	0.31	-0.07	0.55	-0.03	-0.59	0.52	-0.02	0.43	-0.02	0.25	-0.46	0.05	0.05
Non Current Assets Total	0.86	0.36	0.32	0.44	0.87	0.81	0.0	-0.49	0.6	0.27		0.91	0.25	0.58	0.78	0.77	0.82	-0.2	0.71	0.68	0.49	-0.27	0.64	-0.11	-0.47	-0.47
Non Currrent Assets Other	0.69	0.35	0.26	0.22	0.8	0.86	0.1	-0.65	0.39	0.17	0.91		0.11	0.38	0.82	0.64	0.75	0.06	0.51	0.74	0.29	-0.27	0.37	-0.16	-0.49	-0.49
Cash And Short Term Investments	0.55	0.52	0.4	0.67	0.4	0.13	-0.17	0.36	0.44	0.56	0.25	0.11		0.38	-0.14	0.28	-0.03	-0.67	0.56	0.12	0.89	0.02	0.11	0.46	-0.19	-0.18
Net Receivables	0.65	0.3	0.12	0.52	0.49	0.45	-0.08	-0.17	0.51	0.31	0.58	0.38	0.38		0.28	0.62	0.43	-0.37	0.67	0.39	0.56	-0.17	0.6	0.03	-0.27	-0.26
Common Stock Shares Outstanding	0.38	-0.06	0.03	0.02	0.47	0.53	0.01	-0.57	0.26	-0.07	0.78	0.82	-0.14	0.28		0.41	0.55	0.09	0.25	0.64	0.04	-0.29	0.47	-0.19	-0.58	-0.59
Non Current Liabilities Total	0.85	0.49	0.49	0.45	0.73	0.68	-0.18	-0.57	0.46	0.55	0.77	0.64	0.28	0.62	0.41		0.68	-0.43	0.85	0.18	0.47	-0.27	0.73	-0.3	0.05	0.06
Inventory	0.76	0.27	0.07	0.36	0.79	0.85	0.26	-0.46	0.7	-0.03	0.82	0.75	-0.03	0.43	0.55	0.68		0.07	0.61	0.48	0.31	-0.3	0.55	-0.04	-0.15	-0.15
Other Stockholder Equity	-0.41	-0.1	-0.34	-0.39	-0.25	0.14	0.55	-0.29	-0.23	-0.59	-0.2	0.06	-0.67	-0.37	0.09	-0.43	0.07		-0.48	0.21	-0.56	0.2	-0.43	-0.09	-0.05	-0.05
Total Liab	0.92	0.73	0.57	0.85	0.66	0.6	0.04	-0.32	0.73	0.52	0.71	0.51	0.56	0.67	0.25	0.85	0.61	-0.48		0.19	0.81	0.04	0.64	0.02	-0.04	-0.04
Property Plant And Equipment Gross	0.42	0.21	0.01	0.14	0.59	0.65	0.2	-0.24	0.28	-0.02	0.68	0.74	0.12	0.39	0.64	0.18	0.48	0.21	0.19		0.24	-0.13	0.02	0.03	-0.8	-0.8
Total Current Assets	0.77	0.68	0.4	0.91	0.54	0.38	0.09	0.17	0.73	0.43	0.49	0.29	0.89	0.56	0.04	0.47	0.31	-0.56	0.81	0.24		0.13	0.33	0.47	-0.23	-0.22
Short Term Debt	-0.14	0.42	0.26	0.35	-0.32	-0.29	0.37	0.05	-0.17	-0.02	-0.27	-0.27	0.02	-0.17	-0.29	-0.27	-0.3	0.2	0.04	-0.13	0.13		-0.22	0.06	0.04	0.04
Intangible Assets	0.63	0.03	0.2	0.36	0.5	0.31	-0.25	-0.25	0.45	0.25	0.64	0.37	0.11	0.6	0.47	0.73	0.55	-0.43	0.64	0.02	0.33	-0.22		-0.17	0.03	0.02
Short Term Investments	0.06	0.06	-0.5	0.34	0.02	-0.02	0.54	0.6	0.41	-0.46	-0.11	-0.16	0.46	0.03	-0.19	-0.3	-0.04	-0.09	0.02	0.03	0.47	0.06	-0.17		-0.11	-0.11
Common Stock Total Equity	-0.17	-0.02	0.02	-0.12	-0.27	-0.26	-0.06	0.05	-0.18	0.05	-0.47	-0.49	-0.19	-0.27	-0.58	0.05	-0.15	-0.05	-0.04	-0.8	-0.23	0.04	0.03	-0.11		1.0
Common Stock	-0.16	-0.01	0.03	-0.12	-0.26	-0.25	-0.06	0.05	-0.17	0.05	-0.47	-0.49	-0.18	-0.26	-0.59	0.06	-0.15	-0.05	-0.04	-0.8	-0.22	0.04	0.02	-0.11	1.0

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Nokia Corp Account Relationship Matchups

Nokia Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	36.3B	40.0B	42.9B	39.9B	45.8B	30.7B
Short Long Term Debt Total	6.5B	5.7B	5.5B	5.2B	6.0B	3.4B
Other Current Liab	5.1B	5.5B	5.5B	4.4B	5.1B	3.3B
Total Current Liabilities	11.8B	12.1B	12.8B	10.9B	12.6B	11.9B
Total Stockholder Equity	12.6B	17.4B	21.3B	20.5B	23.6B	13.4B
Property Plant And Equipment Net	2.6B	2.8B	2.9B	2.9B	3.3B	2.0B
Net Debt	(454M)	(1.0B)	52M	(1.0B)	(941.4M)	(988.5M)
Retained Earnings	(4.1B)	(2.5B)	1.4B	1.4B	1.3B	1.2B
Accounts Payable	3.2B	3.7B	4.7B	3.4B	3.9B	3.9B
Cash	6.9B	6.7B	5.5B	6.2B	7.2B	4.1B
Non Current Assets Total	18.0B	20.5B	22.7B	21.7B	24.9B	26.2B
Non Currrent Assets Other	5.3B	8.0B	7.0B	6.5B	7.4B	7.8B
Cash And Short Term Investments	8.3B	9.6B	9.2B	8.2B	9.5B	8.7B
Net Receivables	6.6B	6.5B	1.2B	6.7B	7.8B	6.2B
Common Stock Shares Outstanding	5.6B	5.7B	5.7B	5.6B	5.0B	8.0B
Liabilities And Stockholders Equity	36.3B	40.0B	42.9B	39.9B	45.8B	30.7B
Non Current Liabilities Total	11.9B	10.5B	8.7B	8.3B	9.5B	4.9B
Inventory	2.2B	2.4B	3.3B	2.7B	3.1B	2.2B
Other Stockholder Equity	183M	102M	151M	276M	248.4M	157.2M
Total Liab	23.6B	22.6B	21.5B	19.2B	22.1B	16.7B
Property Plant And Equipment Gross	2.6B	2.8B	2.9B	6.9B	7.9B	8.3B
Total Current Assets	18.3B	19.6B	20.3B	18.2B	20.9B	19.3B
Short Term Debt	750M	301M	412M	752M	676.8M	667.5M
Intangible Assets	2.0B	1.6B	1.3B	1.1B	1.2B	1.6B
Short Term Investments	1.3B	2.9B	3.7B	2.0B	1.8B	3.6B
Accumulated Other Comprehensive Income	16.3B	19.5B	19.6B	18.6B	21.4B	22.5B
Current Deferred Revenue	2.4B	2.3B	2.0B	2.2B	1.9B	3.1B
Other Liab	6.9B	6.1B	5.1B	3.6B	4.2B	2.8B
Other Assets	7.1B	9.3B	10.8B	(4.9B)	(5.6B)	(5.3B)
Long Term Debt	5.0B	4.5B	4.2B	3.6B	4.2B	3.1B
Good Will	5.1B	5.4B	5.7B	5.5B	6.3B	3.7B
Other Current Assets	1.3B	1.4B	10.4B	467M	537.1M	510.2M
Property Plant Equipment	2.8B	2.6B	2.8B	2.9B	3.4B	2.4B
Long Term Investments	1.3B	1.3B	2.0B	1.9B	2.2B	1.5B
Short Long Term Debt	561M	116M	228M	554M	498.6M	742.3M
Net Tangible Assets	7.4B	5.4B	10.3B	14.4B	16.6B	9.4B

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When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:

How To Invest In Nokia

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Is Nokia Stock a good investment?

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What is Nokia Corp's Net Worth?

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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.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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

0.14

Earnings Share

0.32

Revenue Per Share

3.51

Quarterly Revenue Growth

0.048

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.

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Nokia Non Current Assets Total vs Total Current Liabilities Analysis

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Total Current Liabilities

Nokia Corp fundamental ratios Correlations

Nokia Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nokia Corp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.92	Total Assets
Total Current Assets	+ 0.91	Total Current Liabilities
Non Currrent Assets Other	+ 0.91	Non Current Assets Total
Total Stockholder Equity	+ 0.9	Total Assets
Total Current Assets	+ 0.89	Cash And Short Term Investments

Common Stock	- 0.8	Property Plant And Equipment Gross
Common Stock Total Equity	- 0.8	Property Plant And Equipment Gross
Cash	- 0.68	Net Debt
Other Stockholder Equity	- 0.67	Cash And Short Term Investments
Non Currrent Assets Other	- 0.65	Retained Earnings
Common Stock	- 0.59	Common Stock Shares Outstanding