Nokia Total Assets vs Other Stockholder Equity 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 Total Assets and its Other Stockholder Equity 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.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nokia Corp ADR Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nokia Corp's Total Assets and Other Stockholder Equity is -0.41. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity 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 Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Nokia Corp ADR are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Nokia Corp's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Nokia Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nokia Corp ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

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 Profit10.2B8.7B10.0B10.2B
Total Revenue24.9B22.3B25.6B28.7B

Nokia Corp fundamental ratios Correlations

0.630.460.710.90.780.02-0.280.730.460.860.690.550.650.380.850.76-0.410.920.420.77-0.140.630.06-0.17-0.16
0.630.650.750.390.530.32-0.30.40.470.360.350.520.3-0.060.490.27-0.10.730.210.680.420.030.06-0.02-0.01
0.460.650.480.270.18-0.39-0.360.120.860.320.260.40.120.030.490.07-0.340.570.010.40.260.2-0.50.020.03
0.710.750.480.390.350.240.020.780.340.440.220.670.520.020.450.36-0.390.850.140.910.350.360.34-0.12-0.12
0.90.390.270.390.82-0.03-0.250.550.340.870.80.40.490.470.730.79-0.250.660.590.54-0.320.50.02-0.27-0.26
0.780.530.180.350.820.32-0.550.560.110.810.860.130.450.530.680.850.140.60.650.38-0.290.31-0.02-0.26-0.25
0.020.32-0.390.24-0.030.32-0.070.3-0.680.00.1-0.17-0.080.01-0.180.260.550.040.20.090.37-0.250.54-0.06-0.06
-0.28-0.3-0.360.02-0.25-0.55-0.07-0.01-0.17-0.49-0.650.36-0.17-0.57-0.57-0.46-0.29-0.32-0.240.170.05-0.250.60.050.05
0.730.40.120.780.550.560.3-0.010.030.60.390.440.510.260.460.7-0.230.730.280.73-0.170.450.41-0.18-0.17
0.460.470.860.340.340.11-0.68-0.170.030.270.170.560.31-0.070.55-0.03-0.590.52-0.020.43-0.020.25-0.460.050.05
0.860.360.320.440.870.810.0-0.490.60.270.910.250.580.780.770.82-0.20.710.680.49-0.270.64-0.11-0.47-0.47
0.690.350.260.220.80.860.1-0.650.390.170.910.110.380.820.640.750.060.510.740.29-0.270.37-0.16-0.49-0.49
0.550.520.40.670.40.13-0.170.360.440.560.250.110.38-0.140.28-0.03-0.670.560.120.890.020.110.46-0.19-0.18
0.650.30.120.520.490.45-0.08-0.170.510.310.580.380.380.280.620.43-0.370.670.390.56-0.170.60.03-0.27-0.26
0.38-0.060.030.020.470.530.01-0.570.26-0.070.780.82-0.140.280.410.550.090.250.640.04-0.290.47-0.19-0.58-0.59
0.850.490.490.450.730.68-0.18-0.570.460.550.770.640.280.620.410.68-0.430.850.180.47-0.270.73-0.30.050.06
0.760.270.070.360.790.850.26-0.460.7-0.030.820.75-0.030.430.550.680.070.610.480.31-0.30.55-0.04-0.15-0.15
-0.41-0.1-0.34-0.39-0.250.140.55-0.29-0.23-0.59-0.20.06-0.67-0.370.09-0.430.07-0.480.21-0.560.2-0.43-0.09-0.05-0.05
0.920.730.570.850.660.60.04-0.320.730.520.710.510.560.670.250.850.61-0.480.190.810.040.640.02-0.04-0.04
0.420.210.010.140.590.650.2-0.240.28-0.020.680.740.120.390.640.180.480.210.190.24-0.130.020.03-0.8-0.8
0.770.680.40.910.540.380.090.170.730.430.490.290.890.560.040.470.31-0.560.810.240.130.330.47-0.23-0.22
-0.140.420.260.35-0.32-0.290.370.05-0.17-0.02-0.27-0.270.02-0.17-0.29-0.27-0.30.20.04-0.130.13-0.220.060.040.04
0.630.030.20.360.50.31-0.25-0.250.450.250.640.370.110.60.470.730.55-0.430.640.020.33-0.22-0.170.030.02
0.060.06-0.50.340.02-0.020.540.60.41-0.46-0.11-0.160.460.03-0.19-0.3-0.04-0.090.020.030.470.06-0.17-0.11-0.11
-0.17-0.020.02-0.12-0.27-0.26-0.060.05-0.180.05-0.47-0.49-0.19-0.27-0.580.05-0.15-0.05-0.04-0.8-0.230.040.03-0.111.0
-0.16-0.010.03-0.12-0.26-0.25-0.060.05-0.170.05-0.47-0.49-0.18-0.26-0.590.06-0.15-0.05-0.04-0.8-0.220.040.02-0.111.0
Click cells to compare fundamentals

Nokia Corp Account Relationship Matchups

Nokia Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets36.3B40.0B42.9B39.9B45.8B30.7B
Short Long Term Debt Total6.5B5.7B5.5B5.2B6.0B3.4B
Other Current Liab5.1B5.5B5.5B4.4B5.1B3.3B
Total Current Liabilities11.8B12.1B12.8B10.9B12.6B11.9B
Total Stockholder Equity12.6B17.4B21.3B20.5B23.6B13.4B
Property Plant And Equipment Net2.6B2.8B2.9B2.9B3.3B2.0B
Net Debt(454M)(1.0B)52M(1.0B)(941.4M)(988.5M)
Retained Earnings(4.1B)(2.5B)1.4B1.4B1.3B1.2B
Accounts Payable3.2B3.7B4.7B3.4B3.9B3.9B
Cash6.9B6.7B5.5B6.2B7.2B4.1B
Non Current Assets Total18.0B20.5B22.7B21.7B24.9B26.2B
Non Currrent Assets Other5.3B8.0B7.0B6.5B7.4B7.8B
Cash And Short Term Investments8.3B9.6B9.2B8.2B9.5B8.7B
Net Receivables6.6B6.5B1.2B6.7B7.8B6.2B
Common Stock Shares Outstanding5.6B5.7B5.7B5.6B5.0B8.0B
Liabilities And Stockholders Equity36.3B40.0B42.9B39.9B45.8B30.7B
Non Current Liabilities Total11.9B10.5B8.7B8.3B9.5B4.9B
Inventory2.2B2.4B3.3B2.7B3.1B2.2B
Other Stockholder Equity183M102M151M276M248.4M157.2M
Total Liab23.6B22.6B21.5B19.2B22.1B16.7B
Property Plant And Equipment Gross2.6B2.8B2.9B6.9B7.9B8.3B
Total Current Assets18.3B19.6B20.3B18.2B20.9B19.3B
Short Term Debt750M301M412M752M676.8M667.5M
Intangible Assets2.0B1.6B1.3B1.1B1.2B1.6B
Short Term Investments1.3B2.9B3.7B2.0B1.8B3.6B
Accumulated Other Comprehensive Income16.3B19.5B19.6B18.6B21.4B22.5B
Current Deferred Revenue2.4B2.3B2.0B2.2B1.9B3.1B
Other Liab6.9B6.1B5.1B3.6B4.2B2.8B
Other Assets7.1B9.3B10.8B(4.9B)(5.6B)(5.3B)
Long Term Debt5.0B4.5B4.2B3.6B4.2B3.1B
Good Will5.1B5.4B5.7B5.5B6.3B3.7B
Other Current Assets1.3B1.4B10.4B467M537.1M510.2M
Property Plant Equipment2.8B2.6B2.8B2.9B3.4B2.4B
Long Term Investments1.3B1.3B2.0B1.9B2.2B1.5B
Short Long Term Debt561M116M228M554M498.6M742.3M
Net Tangible Assets7.4B5.4B10.3B14.4B16.6B9.4B

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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:
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.