Nokia Corporation (NOKN) - Total Liabilities
Based on the latest financial reports, Nokia Corporation (NOKN) has total liabilities worth MX$16.37 Billion MXN 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 Corporation - Total Liabilities Trend (2014–2024)
This chart illustrates how Nokia Corporation's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Nokia Corporation Competitors by Total Liabilities
The table below lists competitors of Nokia Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nu Holdings Ltd
NYSE:NU
|
USA | $63.70 Billion |
|
Wesfarmers Ltd
AU:WES
|
Australia | AU$20.99 Billion |
|
Ping An Insurance (Group) Company of China Ltd
F:PZX
|
Germany | €12.28 Trillion |
|
Wuliangye Yibin Co Ltd
SHE:000858
|
China | CN¥34.87 Billion |
|
Infosys Limited
NSE:INFY
|
India | Rs6.67 Billion |
|
Life Insurance Corporation Of India
NSE:LICI
|
India | Rs50.60 Trillion |
Liability Composition Analysis (2014–2024)
This chart breaks down Nokia Corporation'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.
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 Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nokia Corporation (2014–2024)
The table below shows the annual total liabilities of Nokia Corporation from 2014 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | MX$18.40 Billion | -4.32% |
| 2023-12-31 | MX$19.23 Billion | -10.62% |
| 2022-12-31 | MX$21.52 Billion | -4.74% |
| 2021-12-31 | MX$22.59 Billion | -4.49% |
| 2020-12-31 | MX$23.65 Billion | -0.33% |
| 2019-12-31 | MX$23.73 Billion | -1.74% |
| 2018-12-31 | MX$24.15 Billion | -2.66% |
| 2017-12-31 | MX$24.81 Billion | +3.68% |
| 2016-12-31 | MX$23.93 Billion | +130.01% |
| 2015-12-31 | MX$10.40 Billion | -16.07% |
| 2014-12-31 | MX$12.39 Billion | -- |
About Nokia Corporation
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, 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 technologie… Read more