Nokia Oyj (NOK)
3.69
+0.02
(+0.54%)
USD |
NYSE |
May 03, 16:00
3.68
-0.01
(-0.27%)
After-Hours: 20:00
Nokia Debt to Equity Ratio: 0.1784 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.1784 |
| December 31, 2023 | 0.2041 |
| September 30, 2023 | 0.1945 |
| June 30, 2023 | 0.1969 |
| March 31, 2023 | 0.2026 |
| December 31, 2022 | 0.2099 |
| September 30, 2022 | 0.2335 |
| June 30, 2022 | 0.2451 |
| March 31, 2022 | 0.2568 |
| December 31, 2021 | 0.268 |
| September 30, 2021 | 0.3119 |
| June 30, 2021 | 0.3553 |
| March 31, 2021 | 0.3765 |
| December 31, 2020 | 0.4473 |
| September 30, 2020 | 0.3807 |
| June 30, 2020 | 0.3895 |
| March 31, 2020 | 0.3137 |
| December 31, 2019 | 0.2791 |
| September 30, 2019 | 0.3122 |
| June 30, 2019 | 0.2998 |
| March 31, 2019 | 0.2949 |
| December 31, 2018 | 0.2499 |
| September 30, 2018 | 0.2495 |
| June 30, 2018 | 0.2475 |
| March 31, 2018 | 0.2355 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.2334 |
| September 30, 2017 | 0.2318 |
| June 30, 2017 | 0.2304 |
| March 31, 2017 | 0.2278 |
| December 31, 2016 | 0.2004 |
| September 30, 2016 | 0.2072 |
| June 30, 2016 | 0.2062 |
| March 31, 2016 | 0.2045 |
| December 31, 2015 | 0.1975 |
| September 30, 2015 | 0.3053 |
| June 30, 2015 | 0.3126 |
| March 31, 2015 | 0.3103 |
| December 31, 2014 | 0.3126 |
| September 30, 2014 | 0.318 |
| June 30, 2014 | 0.3471 |
| March 31, 2014 | 0.7872 |
| December 31, 2013 | 1.03 |
| September 30, 2013 | 1.006 |
| June 30, 2013 | 0.7216 |
| March 31, 2013 | 0.7257 |
| December 31, 2012 | 0.6991 |
| September 30, 2012 | 0.6645 |
| June 30, 2012 | 0.5795 |
| March 31, 2012 | 0.4518 |
| December 31, 2011 | 0.4482 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1784
Minimum
Mar 2024
0.4473
Maximum
Dec 2020
0.2828
Average
0.2736
Median
Debt to Equity Ratio Benchmarks
| Arista Networks Inc | 0.00 |
| Telefonaktiebolaget L M Ericsson | 0.3772 |
| WithSecure Corp | 0.129 |
| Dell Technologies Inc | -10.81 |
| Qt Group PLC | 0.0344 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 42.85B |
| Total Liabilities (Quarterly) | 19.91B |
| Shareholders Equity (Quarterly) | 22.83B |
| Current Ratio | 1.650 |
| Net Debt Paydown Yield | 0.75% |