NOK (Nokia Oyj) Total Assets : $0 Mil (As of Sep. 2024)

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What is Nokia Oyj Total Assets?

Nokia Oyj's Total Assets for the quarter that ended in Sep. 2024 was $0 Mil.

During the past 12 months, Nokia Oyj's average Total Assets Growth Rate was -10.50% per year. During the past 3 years, the average Total Assets Growth Rate was 4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 0.10% per year. During the past 10 years, the average Total Assets Growth Rate was 9.40% per year.

During the past 13 years, Nokia Oyj's highest 3-Year average Total Assets Growth Rate was 47.10%. The lowest was -19.20%. And the median was 2.70%.

Total Assets is connected with ROA %. Nokia Oyj's annualized ROA % for the quarter that ended in Sep. 2024 was 1.86%. Total Assets is also linked to Revenue through Asset Turnover. Nokia Oyj's Asset Turnover for the quarter that ended in Sep. 2024 was 0.11.

Nokia Oyj Total Assets Historical Data

The historical data trend for Nokia Oyj's Total Assets 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 Total Assets Chart

Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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43,475.56

44,027.98

45,253.11

45,490.47

43,467.83

Nokia Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															43,270.01	43,467.83	43,125.00	41,828.85	-

Nokia Oyj Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nokia Oyj's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	22495.093	+	20972.737
	=	43,468

Nokia Oyj's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	N/A	+	N/A
	=	N/A

Nokia Oyj (NYSE:NOK) Total Assets Explanation

Total Assets is connected with ROA %.

Nokia Oyj's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	776.916	/	( (41828.848	+	0)	/ 1 )
	=	776.916	/	41828.848
	=	1.86 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nokia Oyj's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	4801.332	/	( (41828.848	+	0)	/ 1 )
=	4801.332	/	41828.848
=	0.11

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nokia Oyj Total Assets Related Terms

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Nokia Oyj Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nokia Oyj (NYSE:NOK) » Definitions » Total Assets

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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.