Nokia Corporation (NOKN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nokia Corporation (NOKN) 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 (MX$597.00 Million) by net assets (MX$19.67 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nokia Corporation - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Nokia Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nokia Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nokia Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ping An Insurance (Group) Company of China Ltd
F:PZX
|
-0.035x |
|
Wesfarmers Ltd
AU:WES
|
0.317x |
|
APOLLO GL.M.NEW DL-00001
F:N7I
|
N/A |
|
Nu Holdings Ltd
NYSE:NU
|
0.221x |
|
Wuliangye Yibin Co Ltd
SHE:000858
|
-0.020x |
|
Infosys Limited
NSE:INFY
|
0.105x |
|
Life Insurance Corporation Of India
NSE:LICI
|
0.007x |
|
VERTIV HOL.CL A DL-0001
F:49V
|
N/A |
Annual Cash Flow Conversion Efficiency for Nokia Corporation (2014–2024)
The table below shows the annual cash flow conversion efficiency of Nokia Corporation from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | MX$20.75 Billion | MX$2.49 Billion | 0.120x | +17605.01% |
| 2023-12-31 | MX$20.63 Billion | MX$14.00 Million | 0.001x | -99.01% |
| 2022-12-31 | MX$21.43 Billion | MX$1.47 Billion | 0.069x | -54.24% |
| 2021-12-31 | MX$17.46 Billion | MX$2.62 Billion | 0.150x | +7.99% |
| 2020-12-31 | MX$12.64 Billion | MX$1.76 Billion | 0.139x | +449.72% |
| 2019-12-31 | MX$15.40 Billion | MX$390.00 Million | 0.025x | +8.12% |
| 2018-12-31 | MX$15.37 Billion | MX$360.00 Million | 0.023x | -79.03% |
| 2017-12-31 | MX$16.22 Billion | MX$1.81 Billion | 0.112x | +261.09% |
| 2016-12-31 | MX$20.98 Billion | MX$-1.45 Billion | -0.069x | -245.04% |
| 2015-12-31 | MX$10.52 Billion | MX$503.00 Million | 0.048x | -67.50% |
| 2014-12-31 | MX$8.67 Billion | MX$1.27 Billion | 0.147x | -- |
About Nokia Corporation
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, 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 technologie… Read more