Nokia Corp ADR (NOK) - Net Assets

Latest as of December 2025: $21.05 Billion USD

Based on the latest financial reports, Nokia Corp ADR (NOK) has net assets worth $21.05 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.58 Billion) and total liabilities ($16.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Nokia Corp ADR (NOK) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets $21.05 Billion
% of Total Assets 56.01%
Annual Growth Rate 7.31%
5-Year Change 20.54%
10-Year Change 0.36%
Growth Volatility 27.0

Nokia Corp ADR - Net Assets Trend (1995–2025)

This chart illustrates how Nokia Corp ADR's net assets have evolved over time, based on quarterly financial data. Also explore Nokia Corp ADR assets under control for the complete picture of this company's asset base.

Annual Net Assets for Nokia Corp ADR (1995–2025)

The table below shows the annual net assets of Nokia Corp ADR from 1995 to 2025. For live valuation and market cap data, see Nokia Corp ADR stock valuation.

Year Net Assets Change
2025-12-31 $21.05 Billion +1.46%
2024-12-31 $20.75 Billion +0.58%
2023-12-31 $20.63 Billion -3.72%
2022-12-31 $21.43 Billion +22.70%
2021-12-31 $17.46 Billion +13.76%
2020-12-31 $15.35 Billion -11.21%
2019-12-31 $17.29 Billion +12.47%
2018-12-31 $15.37 Billion -5.22%
2017-12-31 $16.22 Billion -22.68%
2016-12-31 $20.97 Billion +100.36%
2015-12-31 $10.47 Billion +20.75%
2014-12-31 $8.67 Billion +30.17%
2013-12-31 $6.66 Billion -29.50%
2012-12-31 $9.45 Billion -32.11%
2011-12-31 $13.92 Billion -14.26%
2010-12-31 $16.23 Billion +10.05%
2009-12-31 $14.75 Billion -10.88%
2008-12-31 $16.55 Billion -4.70%
2007-12-31 $17.37 Billion +44.00%
2006-12-31 $12.06 Billion -2.36%
2005-12-31 $12.35 Billion -14.21%
2004-12-31 $14.40 Billion -5.82%
2003-12-31 $15.29 Billion +5.65%
2002-12-31 $14.47 Billion +16.46%
2001-12-31 $12.42 Billion +12.77%
2000-12-31 $11.02 Billion +46.45%
1999-12-31 $7.52 Billion +46.13%
1998-12-31 $5.15 Billion +41.38%
1997-12-31 $3.64 Billion +32.23%
1996-12-31 $2.75 Billion +8.74%
1995-12-31 $2.53 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Nokia Corp ADR's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 91.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $1.86 Billion 8.86%
Common Stock $245.90 Million 1.17%
Other Comprehensive Income $-1.27 Billion -6.07%
Other Components $20.13 Billion 96.04%
Total Equity $20.96 Billion 100.00%

Nokia Corp ADR Competitors by Market Cap

The table below lists competitors of Nokia Corp ADR ranked by their market capitalization.

Company Market Cap
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
 $39.27 Billion
Fifth Third Bancorp
NASDAQ:FITB
 $39.31 Billion
Sun Life Financial Inc.
TO:SLF
 $39.38 Billion
CITIC LTD. ADR/5 HD-40
F:CPF0
 $39.45 Billion
Bloom Energy Corp
NYSE:BE
 $39.20 Billion
Swedbank AB (publ)
ST:SWED-A
 $39.10 Billion
KB Financial Group
KO:105560
 $39.00 Billion
Banco BTG Pactual S.A.
SA:BPAC11
 $38.91 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nokia Corp ADR's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 20,657,000,000 to 20,958,076,000, a change of 301,076,000 (1.5%).
  • Net income of 604,175,063 contributed positively to equity growth.
  • Dividend payments of 723,281,117 reduced retained earnings.
  • Share repurchases of 599,372,400 reduced equity.
  • Other comprehensive income decreased equity by 19,423,459,000.
  • Other factors increased equity by 20,443,013,454.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $604.18 Million +2.88%
Dividends Paid $723.28 Million -3.45%
Share Repurchases $599.37 Million -2.86%
Other Comprehensive Income $-19.42 Billion -92.68%
Other Changes $20.44 Billion +97.54%
Total Change $- 1.46%

Book Value vs Market Value Analysis

This analysis compares Nokia Corp ADR's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.71x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 20.15x to 2.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 $0.51 $10.33 x
1996-12-31 $0.57 $10.33 x
1997-12-31 $0.90 $10.33 x
1998-12-31 $5.42 $10.33 x
1999-12-31 $3.90 $10.33 x
2000-12-31 $2.26 $10.33 x
2001-12-31 $2.55 $10.33 x
2002-12-31 $2.99 $10.33 x
2003-12-31 $3.18 $10.33 x
2004-12-31 $3.09 $10.33 x
2005-12-31 $2.78 $10.33 x
2006-12-31 $2.93 $10.33 x
2007-12-31 $3.76 $10.33 x
2008-12-31 $3.77 $10.33 x
2009-12-31 $3.52 $10.33 x
2010-12-31 $3.87 $10.33 x
2011-12-31 $3.20 $10.33 x
2012-12-31 $2.17 $10.33 x
2013-12-31 $1.74 $10.33 x
2014-12-31 $2.08 $10.33 x
2015-12-31 $2.65 $10.33 x
2016-12-31 $3.50 $10.33 x
2017-12-31 $2.86 $10.33 x
2018-12-31 $2.74 $10.33 x
2019-12-31 $3.06 $10.33 x
2020-12-31 $2.72 $10.33 x
2021-12-31 $3.05 $10.33 x
2022-12-31 $3.76 $10.33 x
2023-12-31 $3.68 $10.33 x
2024-12-31 $3.73 $10.33 x
2025-12-31 $3.81 $10.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nokia Corp ADR utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 2.88%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.16%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 1.79x
  • Recent ROE (2.88%) is below the historical average (14.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 16.19% 6.07% 1.12x 2.37x $152.04 Million
1996 21.78% 8.82% 1.18x 2.09x $323.72 Million
1997 29.08% 11.89% 1.26x 1.94x $688.27 Million
1998 34.45% 13.21% 1.33x 1.96x $1.24 Billion
1999 34.93% 13.03% 1.38x 1.94x $1.84 Billion
2000 36.44% 12.96% 1.53x 1.84x $2.87 Billion
2001 18.03% 7.05% 1.39x 1.84x $981.40 Million
2002 23.67% 11.26% 1.29x 1.63x $1.95 Billion
2003 23.71% 12.20% 1.23x 1.58x $2.07 Billion
2004 22.42% 10.91% 1.29x 1.59x $1.77 Billion
2005 29.75% 10.58% 1.53x 1.83x $2.40 Billion
2006 35.98% 10.47% 1.82x 1.89x $3.11 Billion
2007 48.69% 14.09% 1.36x 2.55x $5.73 Billion
2008 28.00% 7.85% 1.28x 2.79x $2.56 Billion
2009 6.81% 2.17% 1.15x 2.73x $-417.80 Million
2010 9.34% 3.16% 1.08x 2.72x $-95.40 Million
2011 -9.80% -3.01% 1.07x 3.05x $-2.35 Billion
2012 -38.53% -10.29% 1.01x 3.72x $-3.91 Billion
2013 -9.51% -4.84% 0.50x 3.90x $-1.26 Billion
2014 40.20% 27.19% 0.60x 2.45x $2.60 Billion
2015 23.61% 19.73% 0.60x 2.00x $1.42 Billion
2016 -3.81% -3.24% 0.53x 2.23x $-2.78 Billion
2017 -9.26% -6.45% 0.56x 2.54x $-3.11 Billion
2018 -2.19% -1.48% 0.57x 2.59x $-1.86 Billion
2019 0.04% 0.03% 0.51x 2.66x $-1.71 Billion
2020 -16.54% -11.55% 0.47x 3.05x $-4.05 Billion
2021 9.35% 7.31% 0.55x 2.31x $-113.00 Million
2022 19.92% 17.06% 0.58x 2.01x $2.12 Billion
2023 3.24% 3.15% 0.53x 1.94x $-1.39 Billion
2024 6.18% 6.64% 0.49x 1.90x $-788.70 Million
2025 2.88% 3.16% 0.51x 1.79x $-1.49 Billion

Industry Comparison

This section compares Nokia Corp ADR's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $224,684,605
  • Average return on equity (ROE) among peers: -33.75%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nokia Corp ADR (NOK) $21.05 Billion 16.19% 0.79x $39.25 Billion
Applied Opt (AAOI) $277.89 Million -21.03% 0.73x $2.97 Billion
ADTRAN Inc (ADTN) $446.28 Million -4.33% 0.41x $829.20 Million
Airgain Inc (AIRG) $2.67 Million -84.80% 1.52x $58.36 Million
Akoustis Technologies, Inc. (AKTSQ) $86.24 Million -73.70% 0.73x $138.60K
Amplitech Group Inc (AMPG) $-538.74K 0.00% 0.00x $51.62 Million
Actelis Networks Inc. (ASNS) $2.98 Million -146.53% 1.76x $725.26K
Ast Spacemobile Inc (ASTS) $359.83 Million -8.79% 0.22x $19.68 Billion
Aviat Networks Inc (AVNW) $201.75 Million 10.49% 0.61x $274.17 Million
Belden Inc (BDC) $819.24 Million 1.85% 0.70x $4.49 Billion
BK Technologies Inc (BKTI) $50.50 Million -10.69% 0.37x $295.52 Million

About Nokia Corp ADR

NYSE:NOK USA Communication Equipment
Market Cap
$57.67 Billion
Market Cap Rank
#683 Global
#316 in USA
Share Price
$10.33
Change (1 day)
+4.77%
52-Week Range
$4.05 - $10.60
All Time High
$10.60
Categories
Companies in USA Communication Equipment Technology AI & Machine Learning
About

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