NOK  Nokia Corporation






Radio And Television Broadcasting And Communications Equipment

Market Cap.


Strong Balance Sheet

NOK is financially strong with Current Assets covering Total Liabilities. It's in a fairly liquid position and dependent on the amount and saleability of any inventory; it may have the financial security to survive an economic downturn.
Figures in EUR. Fiscal year ends in December
Cash 8.54B 11.74B 6.85B 9.20B 12.65B 10.90B 9.91B 9.30B 7.98B 9.96B
Current Assets 18.60B 29.26B 24.56B 23.61B 27.15B 25.46B 20.88B 13.80B 13.72B 15.82B
Total Assets 22.64B 37.55B 39.73B 35.74B 39.12B 36.21B 29.95B 25.19B 21.06B 20.93B
Current Liabilities 10.17B 18.95B 20.43B 15.19B 17.54B 17.44B 14.65B 9.45B 7.29B 6.39B
Total Liabilities 10.66B 22.80B 25.47B 22.65B 24.74B 24.33B 21.89B 18.72B 12.45B 10.42B
Stockholder' Equity 11.98B 14.76B 14.26B 13.09B 14.38B 11.87B 8.06B 6.47B 8.61B 10.50B
Current Ratio 1.83 1.54 1.20 1.55 1.55 1.46 1.43 1.46 1.88 2.48
TL-to-TA 0.47 0.61 0.64 0.63 0.63 0.67 0.73 0.74 0.59 0.50

Low or No Reinvestment of Profits over the past 10 years

NOK has either been retaining a small amount of their earnings or has done so inconsistently. A lack of consistency could be due to NOK operating at a loss or them having such a strong economic moat they feel comfortable spending profits on growth. Be wary of future prospects and if applicable, inspect the moat's sustainability.
Figures in EUR. Fiscal year ends in December
Retained Earnings 11.13B 13.85B 11.74B 10.13B 10.50B 7.84B 4.00B 2.58B 4.71B 6.28B
Retained Earnings Growth - 24.44% -15.28% -13.67% 3.63% -25.37% -49.02% -35.39% 82.49% 33.31%