Nokia Oyj Current Ratio:
1.294 for March 31, 2013Nokia Oyj Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 1.294 |
| Dec. 31, 2012 | |
| Sept. 30, 2012 | 1.283 |
| June 30, 2012 | 1.314 |
| March 31, 2012 | 1.403 |
| Dec. 31, 2011 | 1.459 |
| Sept. 30, 2011 | 1.471 |
| June 30, 2011 | 1.448 |
| March 31, 2011 | 1.645 |
| Dec. 31, 2010 | 1.548 |
| Sept. 30, 2010 | 1.510 |
| June 30, 2010 | 1.467 |
| March 31, 2010 | 1.585 |
| Dec. 31, 2009 | 1.555 |
| Sept. 30, 2009 | 1.465 |
| June 30, 2009 | 1.353 |
| March 31, 2009 | 1.316 |
| Dec. 31, 2008 | 1.202 |
| Sept. 30, 2008 | 1.145 |
| June 30, 2008 | 1.409 |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | Go Pro |
| Sept. 30, 2004 | Go Pro |
| June 30, 2004 | Go Pro |
| March 31, 2004 | Go Pro |
| Dec. 31, 2003 | Go Pro |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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NOK Current Ratio Benchmarks
| Companies | |
|---|---|
| Apple | 1.784 |
| Microsoft Corporation | 2.929 |
| 4.740 |
NOK Current Ratio Rankings
| Overall |
57th percentile 3371 of 8002 |
| Sector |
27th percentile 696 of 954 in Technology |
| Industry |
18th percentile 86 of 105 in Communication Equipment |
NOK Current Ratio Range, Past 5 Years
| Minimum | 1.145 | Sep 2008 |
| Maximum | 1.645 | Mar 2011 |
| Average | 1.414 |
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