Nokia Corporation (NOK) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NOK SEC filings page.
Nokia Corporation (NOK) reported $23.3B in revenue for fiscal year 2025, up 17.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Nokia Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Nokia Corporation has an operating margin of 4.5%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 60/100, indicating healthy but not exceptional operating efficiency. This is down from 10.3% the prior year.
Nokia Corporation's revenue surged 17.3% year-over-year to $23.3B, reflecting rapid business expansion. This strong growth earns a score of 30/100.
Nokia Corporation carries a low D/E ratio of 0.11, meaning only $0.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Nokia Corporation's current ratio of 1.58 indicates adequate short-term liquidity, earning a score of 45/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Nokia Corporation, so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Nokia Corporation's ROE of 3.1% shows moderate profitability relative to equity, earning a score of 55/100. This is down from 6.2% the prior year.
Nokia Corporation scores 2.22, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from a market capitalization of $44.1B against total liabilities of $19.4B. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Nokia Corporation passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Nokia Corporation generates $3.18 in operating cash flow ($2.4B OCF vs $764.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Nokia Corporation earns $3.60 in operating income for every $1 of interest expense ($1.0B vs $288.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Nokia Corporation generated $23.3B in revenue in fiscal year 2025. This represents an increase of 17.3% from the prior year.
Nokia Corporation's EBITDA was $2.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 23.9% from the prior year.
Nokia Corporation reported $764.0M in net income in fiscal year 2025. This represents a decrease of 42.2% from the prior year.
Nokia Corporation earned $0.14 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 40.9% from the prior year.
Cash & Balance Sheet
Nokia Corporation held $6.4B in cash against $2.7B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Nokia Corporation's gross margin was 43.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.6 percentage points from the prior year.
Nokia Corporation's operating margin was 4.5% in fiscal year 2025, reflecting core business profitability. This is down 5.8 percentage points from the prior year.
Nokia Corporation's net profit margin was 3.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.4 percentage points from the prior year.
Nokia Corporation's ROE was 3.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.1 percentage points from the prior year.
Capital Allocation
Nokia Corporation invested $5.7B in research and development in fiscal year 2025. This represents an increase of 22.0% from the prior year.
Nokia Corporation spent $241.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 84.5% from the prior year.
Not reported for fiscal year 2025.
NOK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.3B+17.3% | $19.9B-14.9% | $23.4B-8.0% | $25.4B+1.2% | $25.1B-6.0% | $26.7B+2.1% | $26.2B+1.3% | $25.8B-7.1% | $27.8B+11.6% | $24.9B+82.9% | $13.6B |
| Cost of Revenue | $13.2B+22.9% | $10.7B-23.0% | $13.9B-4.7% | $14.6B-3.4% | $15.1B-9.4% | $16.7B-1.1% | $16.9B+3.5% | $16.3B-3.1% | $16.8B+5.6% | $16.0B+111.0% | $7.6B |
| Gross Profit | $10.2B+10.8% | $9.2B-2.9% | $9.5B-12.5% | $10.8B+8.1% | $10.0B-0.2% | $10.0B+8.0% | $9.3B-2.6% | $9.5B-13.3% | $11.0B+22.2% | $9.0B+48.0% | $6.1B |
| R&D Expenses | $5.7B+22.0% | $4.7B-1.3% | $4.7B-1.8% | $4.8B+1.0% | $4.8B-4.6% | $5.0B-1.8% | $5.1B-7.0% | $5.5B-7.4% | $5.9B+12.1% | $5.3B+133.4% | $2.3B |
| Operating Income | $1.0B-49.1% | $2.0B+6.4% | $1.9B-22.1% | $2.5B+0.7% | $2.4B+125.7% | $1.1B+98.8% | $544.5Mn/m | -$67.6M-451.4% | $19.2Mn/m | -$1.2B-163.0% | $1.8B |
| EBITDA | $2.4B-23.9% | $3.1B-1.0% | $3.1B-15.2% | $3.7B-0.1% | $3.7B+49.3% | $2.5B+2.4% | $2.4B+50.6% | $1.6B-17.2% | $1.9B+270.6% | $521.3M-76.2% | $2.2B |
| Interest Expense | $288.7M-12.8% | $331.2M-48.3% | $640.5M+112.3% | $301.7M-14.0% | $350.9M-12.8% | $402.4M-29.7% | $572.6M+25.6% | $455.9Mn/m | -$645.6Mn/m | -$302.8Mn/m | -$202.0M |
| Income Tax | $325.1M-17.4% | $393.3M-56.6% | $907.1Mn/m | -$2.2B-806.5% | $307.8M-92.3% | $4.0B+2470.2% | $154.9M-28.4% | $216.5M-80.6% | $1.1Bn/m | -$482.2M-228.3% | $375.7M |
| Net Income | $764.0M-42.2% | $1.3B+79.7% | $735.6M-83.8% | $4.5B+147.5% | $1.8Bn/m | -$3.1B-39362.9% | $7.9Mn/m | -$389.5Mn/m | -$1.8Bn/m | -$808.3M-130.2% | $2.7B |
| EPS (Basic) | $0.14-40.9% | $0.24+79.4% | $0.13-83.7% | $0.81+147.7% | $0.33n/m | -$0.55n/m | $0.00n/m | -$0.07n/m | -$0.31n/m | -$0.14 | $0.73 |
| EPS (Diluted) | $0.14-40.9% | $0.24+79.4% | $0.13-83.5% | $0.80+144.5% | $0.33n/m | -$0.55n/m | $0.00n/m | -$0.07n/m | -$0.31n/m | -$0.14 | $0.68 |
| Diluted Shares (Avg) | 5.50B-0.5% | 5.53B-1.0% | 5.59B-1.5% | 5.67B-0.3% | 5.68B+0.9% | 5.64B+0.2% | 5.63B+0.2% | 5.61B-0.7% | 5.65B-1.6% | 5.74B | 3.95B |
Not reported in any period shown, so not listed: SG&A Expenses.
NOK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $44.1B+8.9% | $40.5B-8.1% | $44.1B-4.0% | $45.9B+1.4% | $45.3B+2.4% | $44.3B+0.8% | $43.9B-3.0% | $45.3B-8.2% | $49.3B+4.1% | $47.4B | N/A |
| Current Assets | $18.5B-0.5% | $18.6B-6.9% | $20.0B-7.7% | $21.7B-2.3% | $22.2B-0.4% | $22.3B+18.1% | $18.9B-9.8% | $20.9B-12.3% | $23.9B+9.3% | $21.8B | N/A |
| Cash & Equivalents | $6.4B-6.5% | $6.9B-0.6% | $6.9B+17.9% | $5.8B-22.8% | $7.6B-10.8% | $8.5B+27.9% | $6.6B-7.5% | $7.2B-19.0% | $8.9B+12.0% | $7.9B+4.1% | $7.6B |
| Inventory | $2.6B+15.8% | $2.2B-25.6% | $3.0B-13.9% | $3.5B+29.0% | $2.7B-1.3% | $2.7B-16.8% | $3.3B-9.2% | $3.6B+14.1% | $3.2B+20.3% | $2.6B | N/A |
| Accounts Receivable | $5.8B+7.5% | $5.4B-0.2% | $5.4B-8.3% | $5.9B-2.5% | $6.1B-9.5% | $6.7B+19.3% | $5.6B+1.4% | $5.6B-32.7% | $8.3B+12.4% | $7.4B | N/A |
| Goodwill | $7.0B+18.5% | $5.9B-2.5% | $6.1B+0.4% | $6.1B-24.0% | $8.0B-7.1% | $8.6B+38.5% | $6.2B-0.7% | $6.2B-1.0% | $6.3B+4.5% | $6.0B+893.2% | $608.1M |
| Total Liabilities | $19.4B+1.9% | $19.0B-10.5% | $21.3B-7.6% | $23.0B-10.0% | $25.6B-11.6% | $28.9B+8.6% | $26.6B-3.7% | $27.7B-7.2% | $29.8B+18.1% | $25.2B | N/A |
| Current Liabilities | $11.7B-0.5% | $11.8B-2.5% | $12.1B-11.5% | $13.7B-0.2% | $13.7B-4.8% | $14.4B+6.3% | $13.5B-16.2% | $16.2B+5.5% | $15.3B+15.2% | $13.3B | N/A |
| Non-Current Liabilities | $7.7B+5.7% | $7.3B-21.0% | $9.2B-1.8% | $9.4B-21.2% | $11.9B-18.4% | $14.5B+10.9% | $13.1B+13.9% | $11.5B-20.7% | $14.5B+21.4% | $11.9B | N/A |
| Long-Term Debt | $2.7B-9.5% | $3.0B-24.9% | $4.0B-11.5% | $4.5B-11.5% | $5.1B-16.3% | $6.1B+37.1% | $4.5B+38.2% | $3.2B-22.1% | $4.2B+7.7% | $3.9B | N/A |
| Total Equity | $24.6B+15.1% | $21.4B-5.9% | $22.7B-0.5% | $22.8B+16.2% | $19.6B+28.9% | $15.2B-11.4% | $17.2B-1.8% | $17.5B-9.7% | $19.4B-8.5% | $21.2B+85.5% | $11.4B |
| Retained Earnings | $2.2B+7.6% | $2.0B+30.4% | $1.6B+5.6% | $1.5Bn/m | -$2.9Bn/m | -$5.1Bn/m | -$1.8Bn/m | -$1.2B-188.2% | $1.4B-63.6% | $3.8B | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
NOK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.4B-5.8% | $2.6B+77.1% | $1.5B-7.6% | $1.6B-46.9% | $3.0B+38.1% | $2.2B+391.3% | $437.9M+6.2% | $412.4M-81.1% | $2.2Bn/m | -$1.5B-380.9% | $546.2M |
| Depreciation & Amortization | $1.3B+25.1% | $1.0B-12.7% | $1.2B-1.4% | $1.2B-1.6% | $1.2B-10.5% | $1.4B-25.7% | $1.9B+11.8% | $1.7B-12.9% | $1.9B+13.7% | $1.7B+384.0% | $347.5M |
| Investing Cash Flow | -$1.6Bn/m | -$121.1M-110.5% | $1.2Bn/m | -$2.0Bn/m | -$2.0Bn/m | -$1.8Bn/m | -$325.6Mn/m | -$360.9M-3101.7% | $12.0M-99.8% | $7.2B+250.4% | $2.1B |
| Financing Cash Flow | -$1.9Bn/m | -$2.1Bn/m | -$1.7Bn/m | -$895.4Mn/m | -$1.4B-227.0% | $1.1Bn/m | -$537.8Mn/m | -$1.1Bn/m | -$2.1Bn/m | -$5.2Bn/m | -$629.8M |
| Dividends Paid | $890.8M+19.0% | $748.4M+8.9% | $687.0M+81.9% | $377.6M+3607.4% | $10.2M-94.4% | $182.2M-71.5% | $639.9M-48.3% | $1.2B+6.2% | $1.2B-27.1% | $1.6B+187.5% | $556.0M |
| Share Buybacks | -$241.8M-84.5% | $1.6B+384.6% | $321.9M-3.6% | $333.8M | N/A | N/A | N/A | N/A | $924.5M+279.3% | $243.8M+29.0% | $188.9M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
NOK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.5%-2.6pp | 46.1%+5.7pp | 40.4%-2.1pp | 42.5%+2.7pp | 39.8%+2.3pp | 37.5%+2.1pp | 35.4%-1.4pp | 36.8%-2.6pp | 39.5%+3.4pp | 36.1%-8.5pp | 44.6% |
| Operating Margin | 4.5%-5.8pp | 10.3%+2.0pp | 8.2%-1.5pp | 9.7%0.0pp | 9.7%+5.7pp | 4.0%+2.0pp | 2.1%+2.3pp | -0.3%-0.3pp | 0.1%+4.7pp | -4.7%-18.2pp | 13.5% |
| Net Margin | 3.3%-3.4pp | 6.6%+3.5pp | 3.1%-14.7pp | 17.9%+10.6pp | 7.3%+18.9pp | -11.6%-11.6pp | 0.0%+1.5pp | -1.5%+4.9pp | -6.5%-3.2pp | -3.2%-22.9pp | 19.6% |
| Return on Equity | 3.1%-3.1pp | 6.2%+2.9pp | 3.2%-16.7pp | 19.9%+10.6pp | 9.3%+29.6pp | -20.2%-20.3pp | 0.1%+2.3pp | -2.2%+7.0pp | -9.3%-5.5pp | -3.8%-27.2pp | 23.4% |
| Return on Assets | 1.7%-1.5pp | 3.3%+1.6pp | 1.7%-8.2pp | 9.9%+5.9pp | 4.0%+11.0pp | -7.0%-7.0pp | 0.0%+0.9pp | -0.9%+2.8pp | -3.6%-1.9pp | -1.7% | N/A |
| Current Ratio | 1.580.0x | 1.58-0.1x | 1.65+0.1x | 1.590.0x | 1.62+0.1x | 1.55+0.2x | 1.39+0.1x | 1.30-0.3x | 1.56-0.1x | 1.64 | N/A |
| Debt-to-Equity | 0.110.0x | 0.140.0x | 0.180.0x | 0.20-0.1x | 0.26-0.1x | 0.40+0.1x | 0.26+0.1x | 0.180.0x | 0.210.0x | 0.18 | N/A |
| Liabilities-to-Equity | 0.79-0.1x | 0.890.0x | 0.94-0.1x | 1.01-0.3x | 1.30-0.6x | 1.90+0.3x | 1.550.0x | 1.580.0x | 1.54+0.3x | 1.19 | N/A |
| Asset Turnover | 0.530.0x | 0.490.0x | 0.530.0x | 0.550.0x | 0.550.0x | 0.600.0x | 0.600.0x | 0.570.0x | 0.560.0x | 0.53 | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Nokia Corporation NOK | FY2025 | $23.3B | $764.0M | 3.3% | $44.1B | 57/100 |
| Hewlett Packard Enterprise Company HPE | FY2025 | $34.3B | $57.0M | 0.2% | $77.2B | 35/100 |
| Ciena Corporation CIEN | FY2025 | $4.8B | $123.3M | 2.6% | $51.2B | 54/100 |
| Ubiquiti Inc. UI | FY2026 | $3.3B | $960.3M | 29.3% | $36.9B | 83/100 |
| Lumentum Holdings Inc. LITE | FY2026 | $3.0B | -$6.9B | N/A | $77.1B | 57/100 |
Where Nokia Corporation Ranks
Frequently Asked Questions
What is Nokia Corporation's annual revenue?
Nokia Corporation (NOK) reported $23.3B in total revenue for fiscal year 2025. This represents a 17.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Nokia Corporation's revenue growing?
Nokia Corporation (NOK) revenue grew by 17.3% year-over-year, from $19.9B to $23.3B in fiscal year 2025.
Is Nokia Corporation profitable?
Yes, Nokia Corporation (NOK) reported a net income of $764.0M in fiscal year 2025, with a net profit margin of 3.3%.
What is Nokia Corporation's EBITDA?
Nokia Corporation (NOK) had EBITDA of $2.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Nokia Corporation have?
As of fiscal year 2025, Nokia Corporation (NOK) had $6.4B in cash and equivalents against $2.7B in long-term debt.
What is Nokia Corporation's gross margin?
Nokia Corporation (NOK) had a gross margin of 43.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Nokia Corporation's operating margin?
Nokia Corporation (NOK) had an operating margin of 4.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Nokia Corporation's net profit margin?
Nokia Corporation (NOK) had a net profit margin of 3.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Nokia Corporation's return on equity (ROE)?
Nokia Corporation (NOK) has a return on equity of 3.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Nokia Corporation's operating cash flow?
Nokia Corporation (NOK) generated $2.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Nokia Corporation's total assets?
Nokia Corporation (NOK) had $44.1B in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Nokia Corporation spend on research and development?
Nokia Corporation (NOK) invested $5.7B in research and development during fiscal year 2025.
What is Nokia Corporation's current ratio?
Nokia Corporation (NOK) had a current ratio of 1.58 as of fiscal year 2025, which is generally considered healthy.
What is Nokia Corporation's debt-to-equity ratio?
Nokia Corporation (NOK) had a debt-to-equity ratio of 0.11 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Nokia Corporation's liabilities-to-equity ratio?
Nokia Corporation (NOK) had a liabilities-to-equity ratio of 0.79 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Nokia Corporation's return on assets (ROA)?
Nokia Corporation (NOK) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Nokia Corporation's P/E ratio?
Nokia Corporation (NOK) trades at 57.7x earnings, its market capitalization divided by $764.0M net income, FY2025. The market capitalization is $44.1B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nokia Corporation's price-to-sales ratio?
Nokia Corporation (NOK) trades at 1.9x sales, its market capitalization divided by $23.3B revenue, FY2025. The market capitalization is $44.1B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nokia Corporation's Altman Z-Score?
Nokia Corporation (NOK) has an Altman Z-Score of 2.22, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Nokia Corporation's Piotroski F-Score?
Nokia Corporation (NOK) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nokia Corporation's earnings high quality?
Nokia Corporation (NOK) has an earnings quality ratio of 3.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Nokia Corporation cover its interest payments?
Nokia Corporation (NOK) has an interest coverage ratio of 3.60x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Nokia Corporation?
Nokia Corporation (NOK) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Nokia Corporation it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.