Nokia Property Plant And Equipment Net vs Net Debt Analysis

NOK Stock  USD 3.85  0.10  2.53%   
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 Property Plant And Equipment Net and its Net Debt 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.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nokia Corp ADR Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nokia Corp's Property Plant And Equipment Net and Net Debt is 0.33. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Nokia Corp ADR are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Nokia Corp's Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
Click cells to compare fundamentals

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

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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:
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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.