Nokian Renkaat Oyj (TYRES) - Total Liabilities
Based on the latest financial reports, Nokian Renkaat Oyj (TYRES) has total liabilities worth €1.30 Billion EUR (≈ $1.52 Billion USD) as of June 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. Explore cash flow conversion of Nokian Renkaat Oyj to assess how effectively this company generates cash.
Nokian Renkaat Oyj - Total Liabilities Trend (2000–2024)
This chart illustrates how Nokian Renkaat Oyj's total liabilities have evolved over time, based on quarterly financial data. Check TYRES financial resilience to evaluate the company's liquid asset resilience ratio.
Nokian Renkaat Oyj Competitors by Total Liabilities
The table below lists competitors of Nokian Renkaat Oyj ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Banpu Power Public Company Limited
BK:BPP
|
Thailand | ฿41.44 Billion |
|
Shanghai Zhongzhou Special Alloy Materials Co. Ltd.
SHE:300963
|
China | CN¥738.65 Million |
|
Redcare Pharmacy NV
F:RDC
|
Germany | €713.50 Million |
|
Carabao Group Public Company Limited
BK:CBG
|
Thailand | ฿5.57 Billion |
|
Nusantara Sawit Sejahtera
JK:NSSS
|
Indonesia | Rp2.26 Trillion |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
USA | $62.91 Million |
|
Energizer Holdings Inc
NYSE:ENR
|
USA | $4.30 Billion |
|
Hemnet Group AB
ST:HEM
|
Sweden | Skr1.14 Billion |
Liability Composition Analysis (2000–2024)
This chart breaks down Nokian Renkaat 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 TYRES company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.75 | 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 | 0.22 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.15 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.53 | 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 Nokian Renkaat Oyj's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nokian Renkaat Oyj (2000–2024)
The table below shows the annual total liabilities of Nokian Renkaat Oyj from 2000 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | €1.15 Billion ≈ $1.35 Billion |
+17.77% |
| 2023-12-31 | €977.60 Million ≈ $1.14 Billion |
+25.88% |
| 2022-12-31 | €776.60 Million ≈ $907.93 Million |
+2.74% |
| 2021-12-31 | €755.90 Million ≈ $883.73 Million |
-7.30% |
| 2020-12-31 | €815.40 Million ≈ $953.29 Million |
+44.86% |
| 2019-12-31 | €562.90 Million ≈ $658.09 Million |
-7.23% |
| 2018-12-31 | €606.80 Million ≈ $709.41 Million |
+48.36% |
| 2017-12-31 | €409.00 Million ≈ $478.16 Million |
-20.94% |
| 2016-12-31 | €517.30 Million ≈ $604.78 Million |
+0.80% |
| 2015-12-31 | €513.20 Million ≈ $599.98 Million |
-12.80% |
| 2014-12-31 | €588.50 Million ≈ $688.02 Million |
-12.19% |
| 2013-12-31 | €670.20 Million ≈ $783.53 Million |
+15.06% |
| 2012-12-31 | €582.50 Million ≈ $681.00 Million |
-15.56% |
| 2011-12-31 | €689.80 Million ≈ $806.45 Million |
+58.79% |
| 2010-12-31 | €434.40 Million ≈ $507.86 Million |
-6.44% |
| 2009-12-31 | €464.30 Million ≈ $542.82 Million |
-27.80% |
| 2008-12-31 | €643.10 Million ≈ $751.85 Million |
+45.30% |
| 2007-12-31 | €442.60 Million ≈ $517.45 Million |
+34.90% |
| 2006-12-31 | €328.10 Million ≈ $383.58 Million |
+0.64% |
| 2005-12-31 | €326.00 Million ≈ $381.13 Million |
+5.20% |
| 2004-12-31 | €309.90 Million ≈ $362.31 Million |
+35.40% |
| 2003-12-31 | €228.87 Million ≈ $267.58 Million |
-4.45% |
| 2002-12-31 | €239.53 Million ≈ $280.04 Million |
-12.82% |
| 2001-12-31 | €274.75 Million ≈ $321.21 Million |
-7.39% |
| 2000-12-31 | €296.68 Million ≈ $346.85 Million |
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About Nokian Renkaat Oyj
Nokian Renkaat Oyj develops and manufactures tires for passenger cars, trucks, and heavy machineries in Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor Tire Chain segments. The company develops and produces winter, summer, and all-season tires for passenger cars, SUVs, and vans; tires for forestry machinery; special … Read more