Nokia Oyj

Helsinki Stock Exchange:NOKIA.HE

Sector

💬 Communication Services

Industries

🌐 Telecommunications & Networking

🚀 5G Networks

☎️ Broadband Services

🌐 Internet of Things (IoT)

Location

Finland

Market Cap

USD 27.72 B

Share Price

USD 5.14

Avg Daily Volume

11,337,252

Change (1 day)

1.06%

Change (1 year)

36.91%

Change (YTD)

15.75%

Nokia Oyj Current Ratio for the year ending December 31, 2024: 1.58

Nokia Oyj Current Ratio is 1.58 for the year ending December 31, 2024, a -4.58% change year over year. Current ratio represents the short-term liquidity measurement, showing current assets' coverage of liabilities. Higher ratio implies better ability to meet short-term obligations.

Nokia Oyj Current Ratio for the year ending December 31, 2023 was 1.65, a 4.28% change year over year.
Nokia Oyj Current Ratio for the year ending December 31, 2022 was 1.59, a -2.03% change year over year.
Nokia Oyj Current Ratio for the year ending December 31, 2021 was 1.62, a 4.38% change year over year.
Nokia Oyj Current Ratio for the year ending December 31, 2020 was 1.55, a 11.27% change year over year.

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Key data

Date	Current Ratio	Interest Coverage Ratio	Return on Capital Employed (ROCE)	Return on Equity (ROE)

Helsinki Stock Exchange: NOKIA.HE

Nokia Oyj

CEO	Mr. Justin Hotard
IPO Date	Jan. 3, 2000
Location	Finland
Headquarters	Karakaari 7
Employees	78,434
Sector	💬 Communication Services
Industries Telecommunications & Networking 🚀 5G Networks ☎️ Broadband Services 🌐 Internet of Things (IoT)

Description

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.