Nokia Oyj Total Assets
Nokia Oyj total assets. Based on the latest financial reports, Nokia Oyj (NOKIA) holds total assets worth €36.04 Billion EUR (≈ $42.14 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see market cap of Nokia Oyj for the company's overall valuation and market capitalisation.
Total Assets of Nokia Oyj (1995–2024)
Total assets of Nokia Oyj from 1995 to 2024. This chart illustrates how Nokia Oyj's total assets have evolved over time, based on quarterly financial data. See Nokia Oyj stock quote for real-time trading data and today's change.
Nokia Oyj - Asset Composition Analysis
Nokia Oyj Total Assets Breakdown (December 2024)
Nokia Oyj total assets breakdown as of December 2024. Nokia Oyj's total assets of €36.04 Billion consist of 45.9% current assets and 54.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €6.62 Billion | 16.9% |
| Accounts Receivable | €6.74 Billion | 17.2% |
| Inventory | €2.16 Billion | 5.5% |
| Property, Plant & Equipment | €2.12 Billion | 5.4% |
| Intangible Assets | €802.00 Million | 2.1% |
| Goodwill | €5.74 Billion | 14.7% |
Asset Composition Trend (1995–2024)
This chart illustrates how Nokia Oyj's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Nokia Oyj (NOKIA) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nokia Oyj's current assets represent 45.9% of total assets in 2024, a decrease from 72.4% in 1995.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2024, up from 12.9% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 4.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 17.2% of total assets.
Nokia Oyj Competitors by Total Assets
Key competitors of Nokia Oyj based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cetc Potevio Science&Technology Co Ltd
SHE:002544
|
China | CN¥9.38 Billion |
|
Avenir Telecom S.A
PA:AVT
|
France | €18.80 Million |
|
Elsight Ltd
AU:ELS
|
Australia | AU$64.17 Million |
|
Mayfield Group Holdings Ltd
AU:MYG
|
Australia | AU$65.95 Million |
|
Beam Communications Holdings Ltd
AU:BCC
|
Australia | AU$8.80 Million |
|
Frequentis AG
VI:FQT
|
Austria | €421.02 Million |
|
EVS Broadcast Equipment SA
BR:EVS
|
Belgium | €322.75 Million |
|
Crescent NV
BR:OPTI
|
Belgium | €10.04 Million |
Nokia Oyj - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.48 | 1.72 | 1.55 |
| Quick Ratio | 1.23 | 1.46 | 1.36 |
| Cash Ratio | 0.00 | 0.72 | 0.00 |
| Working Capital | €4.65 Billion | €7.04 Billion | €6.49 Billion |
Nokia Oyj - Advanced Valuation Insights
This section examines the relationship between Nokia Oyj's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.47 |
| Latest Market Cap to Assets Ratio | 0.74 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | €39.15 Billion |
| Market Capitalization | $28.99 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Nokia Oyj's assets below their book value (0.74x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nokia Oyj's assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nokia Oyj (1995–2024)
The table below shows the annual total assets of Nokia Oyj from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €39.15 Billion ≈ $45.77 Billion |
-1.78% |
| 2023-12-31 | €39.86 Billion ≈ $46.60 Billion |
-7.18% |
| 2022-12-31 | €42.94 Billion ≈ $50.20 Billion |
+7.23% |
| 2021-12-31 | €40.05 Billion ≈ $46.82 Billion |
+10.37% |
| 2020-12-31 | €36.28 Billion ≈ $42.42 Billion |
-7.27% |
| 2019-12-31 | €39.13 Billion ≈ $45.74 Billion |
-1.01% |
| 2018-12-31 | €39.53 Billion ≈ $46.21 Billion |
-3.65% |
| 2017-12-31 | €41.02 Billion ≈ $47.96 Billion |
-8.63% |
| 2016-12-31 | €44.90 Billion ≈ $52.49 Billion |
+115.14% |
| 2015-12-31 | €20.87 Billion ≈ $24.40 Billion |
-0.92% |
| 2014-12-31 | €21.06 Billion ≈ $24.62 Billion |
-16.39% |
| 2013-12-31 | €25.19 Billion ≈ $29.45 Billion |
-15.89% |
| 2012-12-31 | €29.95 Billion ≈ $35.01 Billion |
-17.28% |
| 2011-12-31 | €36.20 Billion ≈ $42.33 Billion |
-7.46% |
| 2010-12-31 | €39.12 Billion ≈ $45.74 Billion |
+9.47% |
| 2009-12-31 | €35.74 Billion ≈ $41.78 Billion |
-9.93% |
| 2008-12-31 | €39.68 Billion ≈ $46.39 Billion |
+5.36% |
| 2007-12-31 | €37.66 Billion ≈ $44.03 Billion |
+66.50% |
| 2006-12-31 | €22.62 Billion ≈ $26.44 Billion |
+1.51% |
| 2005-12-31 | €22.28 Billion ≈ $26.05 Billion |
-1.64% |
| 2004-12-31 | €22.65 Billion ≈ $26.48 Billion |
-5.13% |
| 2003-12-31 | €23.88 Billion ≈ $27.92 Billion |
+2.27% |
| 2002-12-31 | €23.35 Billion ≈ $27.30 Billion |
+3.93% |
| 2001-12-31 | €22.47 Billion ≈ $26.26 Billion |
+12.64% |
| 2000-12-31 | €19.94 Billion ≈ $23.32 Billion |
+39.27% |
| 1999-12-31 | €14.32 Billion ≈ $16.74 Billion |
+43.41% |
| 1998-12-31 | €9.99 Billion ≈ $11.67 Billion |
+42.71% |
| 1997-12-31 | €7.00 Billion ≈ $8.18 Billion |
+21.84% |
| 1996-12-31 | €5.74 Billion ≈ $6.71 Billion |
-1.50% |
| 1995-12-31 | €5.83 Billion ≈ $6.82 Billion |
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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