Nokia Oyj

Nokia Oyjverified

NOK

Price:

$4.18

Market Cap:

$21.87B

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial...[Read more]

Industry

Communication Equipment

IPO Date

1994-07-01

Stock Exchange

NYSE

Ticker

NOK

The Current Ratio as of November 2024 (TTM) for Nokia Oyj (NOK) is 1.82

According to Nokia Oyj’s latest financial reports and current stock price. The company's current Current Ratio is 1.82. This represents a change of 42.16% compared to the average of 1.28 of the last 4 quarters.

Nokia Oyj (NOK) Historical Current Ratio (quarterly & annually)

How has NOK Current Ratio performed in the past?

The mean historical Current Ratio of Nokia Oyj over the last ten years is 1.67. The current 1.82 Current Ratio has changed 10.81% with respect to the historical average. Over the past ten years (40 quarters), NOK's Current Ratio was at its highest in in the December 2015 quarter at 2.48. The Current Ratio was at its lowest in in the September 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

1.67

Median

1.60

Minimum

1.29

Maximum

2.48

Nokia Oyj (NOK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nokia Oyj Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 39.47%

Maximum Annual Current Ratio = 2.48

Minimum Annual Increase = -33.63%

Minimum Annual Current Ratio = 1.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.664.73%
20221.59-2.03%
20211.624.38%
20201.5511.27%
20191.397.77%
20181.29-16.58%
20171.55-5.63%
20161.64-33.63%
20152.4831.48%
20141.8839.47%

Nokia Oyj (NOK) Average Current Ratio

How has NOK Current Ratio performed in the past?

The current Current Ratio of Nokia Oyj (NOK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.62

5-year avg

1.56

10-year avg

1.67

Nokia Oyj (NOK) Current Ratio vs. Peers

How is NOK’s Current Ratio compared to its peers?

Nokia Oyj’s Current Ratio is less than Hewlett Packard Enterprise Company (0), greater than Juniper Networks, Inc. (0.94), greater than Ciena Corporation (1.72), less than Motorola Solutions, Inc. (4.06), greater than Cisco Systems, Inc. (1.25), greater than Viavi Solutions Inc. (0.88), less than Infinera Corporation (3.71), greater than Applied Optoelectronics, Inc. (1.58), greater than Lumentum Holdings Inc. (1.61), less than Extreme Networks, Inc. (5.36), greater than Clearfield, Inc. (0.91), less than null (9.43),

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