Nokia Oyj (Nokia Oyj) Equity-to-Asset

: 0.53 (As of Mar. 2024) 中文

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nokia Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $22,976 Mil. Nokia Oyj's Total Assets for the quarter that ended in Mar. 2024 was $43,125 Mil. Therefore, Nokia Oyj's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

The historical rank and industry rank for Nokia Oyj's Equity-to-Asset or its related term are showing as below:

NOK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.41 Max: 0.53
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Nokia Oyj was 0.53. The lowest was 0.34. And the median was 0.41.

NOK's Equity-to-Asset is ranked worse than
57.87% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs NOK: 0.53

Nokia Oyj Equity-to-Asset Historical Data

The historical data trend for Nokia Oyj's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.39

0.34

0.43

0.50

0.52

Nokia Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset																0.51	0.52	0.52	0.52	0.53

Competitive Comparison

For the Communication Equipment subindustry, Nokia Oyj's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nokia Oyj Equity-to-Asset Distribution

For the Hardware industry and Technology sector, Nokia Oyj's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nokia Oyj's Equity-to-Asset falls into.

Nokia Oyj Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nokia Oyj's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	22395.856	/	43467.83
	=	0.52

Nokia Oyj's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	22976.087	/	43125
	=	0.53

Nokia Oyj (NYSE:NOK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Nokia Oyj Equity-to-Asset Related Terms

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Nokia Oyj (Nokia Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nokia Oyj (NYSE:NOK) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

NOKBF:USA NOKIA SEK:Sweden NOK N:Mexico NOKIA:Italy 0K8D:UK NOKIAh:UK 0HAF:UK NOKIA:France NOKIA:Finland NOA3:Germany NOAA:Germany NOA3:Germany NOA3:Germany NOAA:Germany NOA3:Germany NOKIA:Czech Republic NOKI34:Brazil NOKI:Austria NOK:Argentina

Address

Karakaari 7, Espoo, FIN, FI-02610

Website

http://www.nokia.com

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.