Nokia Oyj (NOKIA) - Total Liabilities
Based on the latest financial reports, Nokia Oyj (NOKIA) has total liabilities worth €16.37 Billion EUR (≈ $19.14 Billion USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Nokia Oyj - Total Liabilities Trend (1995–2024)
This chart illustrates how Nokia Oyj's total liabilities have evolved over time, based on quarterly financial data. See Nokia Oyj short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Nokia Oyj Competitors by Total Liabilities
The table below lists competitors of Nokia Oyj ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Power Grid Corporation of India Limited
NSE:POWERGRID
|
India | Rs1.94 Trillion |
|
Atlas Copco AB Series B
ST:ATCO-B
|
Sweden | Skr93.63 Billion |
|
Kellanova
NYSE:K
|
USA | $11.35 Billion |
|
Vodafone Group Plc
F:VODJ
|
Germany | €72.25 Billion |
|
Sandoz Group AG
SW:SDZ
|
Switzerland | CHF12.65 Billion |
|
Capitec Bank Holdings Ltd
JSE:CPI
|
South Africa | ZAC196.76 Billion |
|
Hannover Rück SE
F:HNR1
|
Germany | €57.40 Billion |
|
Standard Bank Group Ltd
JSE:SBK
|
South Africa | ZAC3.11 Trillion |
Liability Composition Analysis (1995–2024)
This chart breaks down Nokia Oyj's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Nokia Oyj market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.48 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.84 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.45 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Nokia Oyj's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nokia Oyj (1995–2024)
The table below shows the annual total liabilities of Nokia Oyj from 1995 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | €18.40 Billion ≈ $21.51 Billion |
-4.32% |
| 2023-12-31 | €19.23 Billion ≈ $22.48 Billion |
-10.62% |
| 2022-12-31 | €21.52 Billion ≈ $25.16 Billion |
-4.74% |
| 2021-12-31 | €22.59 Billion ≈ $26.41 Billion |
-4.49% |
| 2020-12-31 | €23.65 Billion ≈ $27.65 Billion |
-0.33% |
| 2019-12-31 | €23.73 Billion ≈ $27.74 Billion |
-1.78% |
| 2018-12-31 | €24.16 Billion ≈ $28.24 Billion |
-2.62% |
| 2017-12-31 | €24.81 Billion ≈ $29.00 Billion |
+3.68% |
| 2016-12-31 | €23.93 Billion ≈ $27.97 Billion |
+130.01% |
| 2015-12-31 | €10.40 Billion ≈ $12.16 Billion |
-16.07% |
| 2014-12-31 | €12.39 Billion ≈ $14.49 Billion |
-33.12% |
| 2013-12-31 | €18.53 Billion ≈ $21.66 Billion |
-9.61% |
| 2012-12-31 | €20.50 Billion ≈ $23.97 Billion |
-8.02% |
| 2011-12-31 | €22.29 Billion ≈ $26.06 Billion |
-2.63% |
| 2010-12-31 | €22.89 Billion ≈ $26.76 Billion |
+9.07% |
| 2009-12-31 | €20.99 Billion ≈ $24.54 Billion |
-9.24% |
| 2008-12-31 | €23.13 Billion ≈ $27.04 Billion |
+13.97% |
| 2007-12-31 | €20.29 Billion ≈ $23.72 Billion |
+92.21% |
| 2006-12-31 | €10.56 Billion ≈ $12.34 Billion |
+6.31% |
| 2005-12-31 | €9.93 Billion ≈ $11.61 Billion |
+20.28% |
| 2004-12-31 | €8.26 Billion ≈ $9.65 Billion |
-3.92% |
| 2003-12-31 | €8.59 Billion ≈ $10.05 Billion |
-3.24% |
| 2002-12-31 | €8.88 Billion ≈ $10.38 Billion |
-11.58% |
| 2001-12-31 | €10.04 Billion ≈ $11.74 Billion |
+12.48% |
| 2000-12-31 | €8.93 Billion ≈ $10.44 Billion |
+31.34% |
| 1999-12-31 | €6.80 Billion ≈ $7.95 Billion |
+40.52% |
| 1998-12-31 | €4.84 Billion ≈ $5.66 Billion |
+44.14% |
| 1997-12-31 | €3.36 Billion ≈ $3.92 Billion |
+12.26% |
| 1996-12-31 | €2.99 Billion ≈ $3.50 Billion |
-9.36% |
| 1995-12-31 | €3.30 Billion ≈ $3.86 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