Nokia Corp ADR Financial Flexibility Index

Latest as of December 2025: 0.03x

Nokia Corp ADR financial flexibility index. Nokia Corp ADR (NOK) has a Financial Flexibility Index of 0.03x as of December 2025. Free cash flow of $515.44 Million (operating CF $370.36 Million minus capex $145.07 Million) represents 0% of total liabilities ($16.53 Billion). Explore NOK capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$515.44 Million
Operating CF − Capex

Total Liabilities

$16.53 Billion
USD

Capital Expenditures

$145.07 Million
USD

Financial Flexibility Index of Nokia Corp ADR (1995–2025)

Financial flexibility index of Nokia Corp ADR from 1995 to 2025. Historical Financial Flexibility Index trend for Nokia Corp ADR across 31 annual periods. Check how aggressively does Nokia Corp ADR reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Nokia Corp ADR Financial Flexibility Index by Year (1995–2025)

Nokia Corp ADR financial flexibility index by year from 1995 to 2025. Year-by-year free cash flow to debt coverage for Nokia Corp ADR. For the full cash flow conversion analysis, see NOK cash generation efficiency.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.16x $2.57 Billion $1.99 Billion $16.53 Billion ▼ -3.5%
2024 0.16x $2.96 Billion $2.49 Billion $18.40 Billion ▲ +57.4%
2023 0.10x $1.97 Billion $1.32 Billion $19.23 Billion ▲ +6.2%
2022 0.10x $2.08 Billion $1.47 Billion $21.52 Billion ▼ -31.6%
2021 0.14x $3.19 Billion $2.63 Billion $22.59 Billion ▲ +96.5%
2020 0.07x $2.24 Billion $1.76 Billion $31.17 Billion ▲ +89.6%
2019 0.04x $1.08 Billion $390.00 Million $28.52 Billion ▼ -11.4%
2018 0.04x $1.03 Billion $360.00 Million $24.16 Billion ▼ -56.1%
2017 0.10x $2.41 Billion $1.81 Billion $24.81 Billion ▲ +338.0%
2016 -0.04x $-978.00 Million $-1.46 Billion $23.93 Billion ▼ -151.8%
2015 0.08x $821.00 Million $507.00 Million $10.40 Billion ▼ -38.3%
2014 0.13x $1.59 Billion $1.27 Billion $12.39 Billion ▲ +395.1%
2013 0.03x $479.00 Million $72.00 Million $18.53 Billion ▲ +395.3%
2012 0.01x $107.00 Million $-354.00 Million $20.50 Billion ▼ -93.3%
2011 0.08x $1.73 Billion $1.14 Billion $22.29 Billion ▼ -67.3%
2010 0.24x $5.45 Billion $4.77 Billion $22.89 Billion ▲ +31.4%
2009 0.18x $3.81 Billion $3.25 Billion $20.99 Billion ▼ -0.8%
2008 0.18x $4.23 Billion $3.20 Billion $23.13 Billion ▼ -57.7%
2007 0.43x $8.77 Billion $7.89 Billion $20.29 Billion ▼ -13.2%
2006 0.50x $5.25 Billion $4.48 Billion $10.56 Billion ▲ +4.1%
2005 0.48x $4.75 Billion $4.14 Billion $9.93 Billion ▼ -19.3%
2004 0.59x $4.89 Billion $4.34 Billion $8.26 Billion ▼ -10.2%
2003 0.66x $5.67 Billion $5.24 Billion $8.59 Billion ▼ -6.3%
2002 0.70x $6.25 Billion $5.82 Billion $8.88 Billion ▼ -7.0%
2001 0.76x $7.60 Billion $6.56 Billion $10.04 Billion ▲ +32.4%
2000 0.57x $5.10 Billion $3.52 Billion $8.93 Billion ▼ -12.0%
1999 0.65x $4.42 Billion $3.11 Billion $6.80 Billion ▲ +25.1%
1998 0.52x $2.51 Billion $1.68 Billion $4.84 Billion ▼ -26.0%
1997 0.70x $2.36 Billion $1.71 Billion $3.36 Billion ▲ +10.3%
1996 0.64x $1.90 Billion $1.44 Billion $2.99 Billion ▲ +343.9%
1995 0.14x $472.86 Million $-114.26 Million $3.30 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities