Nokia Accounts Payable vs Short Long Term Debt Total Analysis

NOK Stock  USD 3.65  0.01  0.27%   
Nokia Corp financial indicator trend analysis is infinitely more than just investigating Nokia Corp ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nokia Corp ADR is a good investment. Please check the relationship between Nokia Corp Accounts Payable and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Accounts Payable vs Short Long Term Debt Total

Accounts Payable vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nokia Corp ADR Accounts Payable account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nokia Corp's Accounts Payable and Short Long Term Debt Total is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Nokia Corp ADR, assuming nothing else is changed. The correlation between historical values of Nokia Corp's Accounts Payable and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nokia Corp ADR are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Nokia Corp's Accounts Payable and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Nokia Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nokia Corp ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Long Term Debt Total

Most indicators from Nokia Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nokia Corp ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Nokia Corp's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 5.25 this year, although the value of Tax Provision is projected to rise to (1.9 B).
 2021 2022 2023 2024 (projected)
Gross Profit8.8B10.2B8.8B10.3B
Total Revenue22.2B24.9B22.3B28.7B

Nokia Corp fundamental ratios Correlations

0.60.460.70.910.770.01-0.280.720.440.840.70.510.940.410.810.74-0.440.950.420.75-0.140.660.08-0.18-0.17
0.60.670.750.330.490.32-0.310.390.450.310.320.510.47-0.050.360.21-0.150.730.140.670.440.060.120.030.04
0.460.670.480.290.2-0.38-0.390.110.860.30.30.390.270.050.380.06-0.340.570.00.40.250.2-0.450.060.06
0.70.750.480.40.350.240.020.780.330.410.210.670.670.020.390.35-0.410.820.130.910.350.370.34-0.06-0.06
0.910.330.290.40.79-0.06-0.260.570.310.870.80.370.870.540.780.77-0.330.740.510.53-0.340.60.05-0.26-0.25
0.770.490.20.350.790.33-0.580.580.050.810.870.070.80.60.740.840.090.670.610.35-0.30.38-0.02-0.24-0.24
0.010.32-0.380.24-0.060.33-0.060.29-0.7-0.010.07-0.190.080.0-0.120.260.550.040.190.080.37-0.240.53-0.04-0.04
-0.28-0.31-0.390.02-0.26-0.58-0.060.0-0.17-0.47-0.690.37-0.25-0.57-0.54-0.47-0.27-0.32-0.280.180.05-0.260.610.040.04
0.720.390.110.780.570.580.290.00.010.560.390.430.840.260.450.71-0.240.710.290.73-0.170.460.4-0.12-0.12
0.440.450.860.330.310.05-0.7-0.170.010.220.160.550.27-0.070.37-0.08-0.630.51-0.10.42-0.020.27-0.410.10.1
0.840.310.30.410.870.81-0.01-0.470.560.220.90.20.830.830.950.79-0.210.720.750.45-0.260.63-0.2-0.54-0.54
0.70.320.30.210.80.870.07-0.690.390.160.90.060.70.830.850.740.020.570.70.25-0.280.43-0.25-0.44-0.44
0.510.510.390.670.370.07-0.190.370.430.550.20.060.49-0.150.25-0.08-0.710.530.030.880.030.120.47-0.1-0.1
0.940.470.270.670.870.80.08-0.250.840.270.830.70.490.490.790.8-0.40.870.460.74-0.30.650.18-0.22-0.21
0.41-0.050.050.020.540.60.0-0.570.26-0.070.830.83-0.150.490.790.590.080.280.760.04-0.290.47-0.37-0.65-0.66
0.810.360.380.390.780.74-0.12-0.540.450.370.950.850.250.790.790.65-0.320.750.710.45-0.260.62-0.31-0.53-0.53
0.740.210.060.350.770.840.26-0.470.71-0.080.790.74-0.080.80.590.650.030.630.440.28-0.310.61-0.03-0.11-0.11
-0.44-0.15-0.34-0.41-0.330.090.55-0.27-0.24-0.63-0.210.02-0.71-0.40.08-0.320.03-0.480.17-0.590.2-0.43-0.11-0.07-0.07
0.950.730.570.820.740.670.04-0.320.710.510.720.570.530.870.280.750.63-0.480.30.790.050.620.04-0.08-0.08
0.420.140.00.130.510.610.19-0.280.29-0.10.750.70.030.460.760.710.440.170.30.2-0.150.08-0.13-0.91-0.9
0.750.670.40.910.530.350.080.180.730.420.450.250.880.740.040.450.28-0.590.790.20.130.350.47-0.15-0.15
-0.140.440.250.35-0.34-0.30.370.05-0.17-0.02-0.26-0.280.03-0.3-0.29-0.26-0.310.20.05-0.150.13-0.220.070.030.03
0.660.060.20.370.60.38-0.24-0.260.460.270.630.430.120.650.470.620.61-0.430.620.080.35-0.22-0.170.050.05
0.080.12-0.450.340.05-0.020.530.610.4-0.41-0.2-0.250.470.18-0.37-0.31-0.03-0.110.04-0.130.470.07-0.170.130.13
-0.180.030.06-0.06-0.26-0.24-0.040.04-0.120.1-0.54-0.44-0.1-0.22-0.65-0.53-0.11-0.07-0.08-0.91-0.150.030.050.131.0
-0.170.040.06-0.06-0.25-0.24-0.040.04-0.120.1-0.54-0.44-0.1-0.21-0.66-0.53-0.11-0.07-0.08-0.9-0.150.030.050.131.0
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Nokia Corp Account Relationship Matchups

Nokia Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.1B36.3B40.0B42.9B44.7B30.9B
Short Long Term Debt Total5.3B6.5B5.7B5.5B5.2B3.4B
Other Current Liab4.8B5.4B5.8B5.7B4.6B3.4B
Total Current Liabilities12.1B11.8B12.1B12.8B10.9B11.9B
Total Stockholder Equity15.3B12.6B17.4B21.3B20.5B13.4B
Property Plant And Equipment Net2.8B2.6B2.8B2.9B2.9B2.0B
Net Debt(603M)(454M)(1.0B)52M(1.0B)(1.1B)
Retained Earnings(1.6B)(4.1B)(2.5B)1.4B1.4B1.3B
Accounts Payable3.8B3.2B3.7B4.7B3.4B3.9B
Cash5.9B6.9B6.7B5.5B6.2B4.1B
Non Current Assets Total22.3B18.0B20.5B22.7B26.6B27.9B
Non Currrent Assets Other5.1B5.3B8.0B7.0B6.5B6.8B
Cash And Short Term Investments6.2B8.3B9.6B9.2B7.8B8.7B
Net Receivables6.8B6.9B6.7B7.8B6.9B6.5B
Common Stock Shares Outstanding5.6B5.6B5.7B5.7B5.6B8.0B
Liabilities And Stockholders Equity39.1B36.3B40.0B42.9B44.7B30.9B
Non Current Liabilities Total11.7B11.9B10.5B8.7B13.1B13.8B
Inventory2.9B2.2B2.4B3.3B2.7B2.2B
Other Stockholder Equity75M91M102M151M276M154.6M
Total Liab23.7B23.6B22.6B21.5B24.0B16.9B
Property Plant And Equipment Gross2.8B2.6B2.8B2.9B6.9B7.2B
Total Current Assets16.8B18.3B19.6B20.3B18.1B19.3B
Short Term Debt551M750M301M412M752M667.5M
Intangible Assets2.4B2.0B1.6B1.3B1.1B1.6B
Short Term Investments261M1.3B2.9B3.7B1.6B1.5B
Accumulated Other Comprehensive Income16.6B16.3B19.5B19.6B18.6B19.5B
Other Liab6.9B6.1B5.1B3.6B4.2B2.8B
Other Assets10.2B7.1B9.3B10.8B11.4B12.0B
Long Term Debt4.0B5.0B4.5B4.2B3.6B3.1B
Good Will5.5B5.1B5.4B5.7B5.5B3.7B
Other Current Assets875M850M859M10.4B628M596.6M
Property Plant Equipment2.8B2.6B2.8B2.9B3.4B2.4B
Long Term Investments1.4B1.3B1.3B2.0B1.9B1.5B
Short Long Term Debt292M561M116M228M554M742.3M
Net Tangible Assets7.4B5.4B10.3B14.4B16.6B9.4B

Nokia Corp Investors Sentiment

The influence of Nokia Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nokia. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nokia Corp's public news can be used to forecast risks associated with an investment in Nokia. The trend in average sentiment can be used to explain how an investor holding Nokia can time the market purely based on public headlines and social activities around Nokia Corp ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nokia Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nokia Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nokia Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nokia Corp.

Nokia Corp Implied Volatility

    
  45.75  
Nokia Corp's implied volatility exposes the market's sentiment of Nokia Corp ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nokia Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nokia Corp stock will not fluctuate a lot when Nokia Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nokia Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nokia Corp's short interest history, or implied volatility extrapolated from Nokia Corp options trading.

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When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Nokia Corp's price analysis, check to measure Nokia Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nokia Corp is operating at the current time. Most of Nokia Corp's value examination focuses on studying past and present price action to predict the probability of Nokia Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokia Corp's price. Additionally, you may evaluate how the addition of Nokia Corp to your portfolios can decrease your overall portfolio volatility.
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Is Nokia Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nokia Corp. If investors know Nokia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nokia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.576
Dividend Share
0.13
Earnings Share
0.16
Revenue Per Share
3.805
Quarterly Revenue Growth
(0.20)
The market value of Nokia Corp ADR is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.