Nokia Corp ADR (NOK) — 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). Check NOK strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nokia Corp ADR Financial Flexibility Index (1995–2025)
Historical Financial Flexibility Index trend for Nokia Corp ADR across 31 annual periods. See NOK working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Nokia Corp ADR (1995–2025)
Year-by-year free cash flow to debt coverage for Nokia Corp ADR. For the full company profile including market capitalisation, see market value of Nokia Corp ADR.
| 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 | — |