Nokia Oyj (OHEL:NOKIA) Gross-Profit-to-Asset % : 44.53% (As of Sep. 2024)

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What is Nokia Oyj Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Nokia Oyj's annualized Gross Profit for the quarter that ended in Sep. 2024 was €17,304 Mil. Nokia Oyj's average Total Assets over the quarter that ended in Sep. 2024 was €38,859 Mil. Therefore, Nokia Oyj's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 44.53%.

Nokia Oyj Gross-Profit-to-Asset % Historical Data

The historical data trend for Nokia Oyj's Gross-Profit-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.

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Nokia Oyj Gross-Profit-to-Asset % Chart

Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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21.02

21.76

23.17

24.63

20.98

Nokia Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															18.95	23.74	22.48	19.72	44.53

Competitive Comparison of Nokia Oyj's Gross-Profit-to-Asset %

For the Communication Equipment subindustry, Nokia Oyj's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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's Gross-Profit-to-Asset % Distribution in the Hardware Industry

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

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

Nokia Oyj Gross-Profit-to-Asset % Calculation

Nokia Oyj's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	8687	/	( (42943	+	39860)	/ 2 )
	=	8687	/	41401.5
	=	20.98 %

Nokia Oyj's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	17304	/	( (38859	+	0)	/ 1 )
	=	17304	/	38859
	=	44.53 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Nokia Oyj Gross-Profit-to-Asset % Related Terms

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Nokia Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nokia Oyj (OHEL:NOKIA) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

NOKBF:USA NOK:USA NOKIA SEK:Sweden NOK N:Mexico 1NOKIA:Italy NOKIAh:UK 0HAF:UK NOKIA:France NOA3:Germany NOAA:Germany NOA3:Germany NOA3:Germany NOAA:Germany NOA3:Germany NOKIA:Czech Republic NOKI34:Brazil NOA3:Bulgaria NOKI:Austria NOK:Argentina

Address

Karakaari 7, Espoo, FIN, FI-02610

Website

https://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.

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