Nokia Oyj (NOKIA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nokia Oyj (NOKIA) has a cash flow conversion efficiency ratio of 0.030x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€597.00 Million ≈ $697.96 Million USD) by net assets (€19.67 Billion ≈ $23.00 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nokia Oyj - Cash Flow Conversion Efficiency Trend (1995–2024)
This chart illustrates how Nokia Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Nokia Oyj (NOKIA) financial obligations for a breakdown of total debt and financial obligations.
Nokia Oyj Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nokia Oyj ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kellanova
NYSE:K
|
0.117x |
|
Montage Technology Co Ltd
SHG:688008
|
0.021x |
|
IMPERIAL BRANDS PLC ADR/1
F:ITBA
|
N/A |
|
FANUC CORP.UNSP.ADR 1/10
F:FUCA
|
N/A |
|
Tapestry Inc
NYSE:TPR
|
1.961x |
|
TRIP.COM GROUP DL-00125
F:CLVB
|
N/A |
|
WUS Printed Circuit Kunshan Co Ltd
SHE:002463
|
0.059x |
|
Northern Trust Corporation
NASDAQ:NTRS
|
0.041x |
Annual Cash Flow Conversion Efficiency for Nokia Oyj (1995–2024)
The table below shows the annual cash flow conversion efficiency of Nokia Oyj from 1995 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Nokia Oyj worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €20.75 Billion ≈ $24.26 Billion |
€2.49 Billion ≈ $2.91 Billion |
0.120x | +88.21% |
| 2023-12-31 | €20.63 Billion ≈ $24.12 Billion |
€1.32 Billion ≈ $1.54 Billion |
0.064x | -7.19% |
| 2022-12-31 | €21.43 Billion ≈ $25.05 Billion |
€1.47 Billion ≈ $1.72 Billion |
0.069x | -54.25% |
| 2021-12-31 | €17.46 Billion ≈ $20.41 Billion |
€2.63 Billion ≈ $3.07 Billion |
0.150x | +8.03% |
| 2020-12-31 | €12.64 Billion ≈ $14.77 Billion |
€1.76 Billion ≈ $2.06 Billion |
0.139x | +449.72% |
| 2019-12-31 | €15.40 Billion ≈ $18.01 Billion |
€390.00 Million ≈ $455.95 Million |
0.025x | +8.12% |
| 2018-12-31 | €15.37 Billion ≈ $17.97 Billion |
€360.00 Million ≈ $420.88 Million |
0.023x | -79.04% |
| 2017-12-31 | €16.22 Billion ≈ $18.96 Billion |
€1.81 Billion ≈ $2.12 Billion |
0.112x | +261.06% |
| 2016-12-31 | €20.97 Billion ≈ $24.52 Billion |
€-1.46 Billion ≈ $-1.70 Billion |
-0.069x | -243.23% |
| 2015-12-31 | €10.47 Billion ≈ $12.24 Billion |
€507.00 Million ≈ $592.74 Million |
0.048x | -67.07% |
| 2014-12-31 | €8.67 Billion ≈ $10.13 Billion |
€1.27 Billion ≈ $1.49 Billion |
0.147x | +1260.45% |
| 2013-12-31 | €6.66 Billion ≈ $7.79 Billion |
€72.00 Million ≈ $84.18 Million |
0.011x | +128.85% |
| 2012-12-31 | €9.45 Billion ≈ $11.04 Billion |
€-354.00 Million ≈ $-413.86 Million |
-0.037x | -145.86% |
| 2011-12-31 | €13.92 Billion ≈ $16.27 Billion |
€1.14 Billion ≈ $1.33 Billion |
0.082x | -72.22% |
| 2010-12-31 | €16.23 Billion ≈ $18.98 Billion |
€4.77 Billion ≈ $5.58 Billion |
0.294x | +33.60% |
| 2009-12-31 | €14.75 Billion ≈ $17.24 Billion |
€3.25 Billion ≈ $3.80 Billion |
0.220x | +13.69% |
| 2008-12-31 | €16.55 Billion ≈ $19.35 Billion |
€3.20 Billion ≈ $3.75 Billion |
0.194x | -57.40% |
| 2007-12-31 | €17.37 Billion ≈ $20.30 Billion |
€7.89 Billion ≈ $9.23 Billion |
0.455x | +22.43% |
| 2006-12-31 | €12.06 Billion ≈ $14.10 Billion |
€4.48 Billion ≈ $5.24 Billion |
0.371x | +10.76% |
| 2005-12-31 | €12.35 Billion ≈ $14.44 Billion |
€4.14 Billion ≈ $4.84 Billion |
0.335x | +11.21% |
| 2004-12-31 | €14.40 Billion ≈ $16.83 Billion |
€4.34 Billion ≈ $5.07 Billion |
0.301x | -11.98% |
| 2003-12-31 | €15.29 Billion ≈ $17.87 Billion |
€5.24 Billion ≈ $6.12 Billion |
0.342x | -14.85% |
| 2002-12-31 | €14.47 Billion ≈ $16.91 Billion |
€5.82 Billion ≈ $6.80 Billion |
0.402x | -23.81% |
| 2001-12-31 | €12.42 Billion ≈ $14.52 Billion |
€6.56 Billion ≈ $7.67 Billion |
0.528x | +65.26% |
| 2000-12-31 | €11.02 Billion ≈ $12.88 Billion |
€3.52 Billion ≈ $4.11 Billion |
0.319x | -22.78% |
| 1999-12-31 | €7.52 Billion ≈ $8.79 Billion |
€3.11 Billion ≈ $3.64 Billion |
0.414x | +26.83% |
| 1998-12-31 | €5.15 Billion ≈ $6.02 Billion |
€1.68 Billion ≈ $1.96 Billion |
0.326x | -30.56% |
| 1997-12-31 | €3.64 Billion ≈ $4.26 Billion |
€1.71 Billion ≈ $2.00 Billion |
0.470x | -9.93% |
| 1996-12-31 | €2.75 Billion ≈ $3.22 Billion |
€1.44 Billion ≈ $1.68 Billion |
0.521x | +1255.66% |
| 1995-12-31 | €2.53 Billion ≈ $2.96 Billion |
€-114.26 Million ≈ $-133.58 Million |
-0.045x | -- |
About Nokia Oyj
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper… Read more