Nokia Retained Earnings vs Net Invested Capital Analysis
NOK Stock | USD 3.87 0.02 0.52% |
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 Retained Earnings and its Net Invested Capital 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.
Retained Earnings vs Net Invested Capital
Retained Earnings vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nokia Corp ADR Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between Nokia Corp's Retained Earnings and Net Invested Capital is 0.0. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital 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 Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Nokia Corp ADR are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Nokia Corp's Retained Earnings and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 Profit | 8.8B | 10.2B | 8.8B | 10.3B | Total Revenue | 22.2B | 24.9B | 22.3B | 28.7B |
Nokia Corp fundamental ratios Correlations
Click cells to compare fundamentals
Nokia Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nokia Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.1B | 36.3B | 40.0B | 42.9B | 44.7B | 30.9B | |
Short Long Term Debt Total | 5.3B | 6.5B | 5.7B | 5.5B | 5.2B | 3.4B | |
Other Current Liab | 4.8B | 5.4B | 5.8B | 5.7B | 4.6B | 3.4B | |
Total Current Liabilities | 12.1B | 11.8B | 12.1B | 12.8B | 10.9B | 11.9B | |
Total Stockholder Equity | 15.3B | 12.6B | 17.4B | 21.3B | 20.5B | 13.4B | |
Property Plant And Equipment Net | 2.8B | 2.6B | 2.8B | 2.9B | 2.9B | 2.0B | |
Net Debt | (603M) | (454M) | (1.0B) | 52M | (1.0B) | (1.1B) | |
Retained Earnings | (1.6B) | (4.1B) | (2.5B) | 1.4B | 1.4B | 1.3B | |
Accounts Payable | 3.8B | 3.2B | 3.7B | 4.7B | 3.4B | 3.9B | |
Cash | 5.9B | 6.9B | 6.7B | 5.5B | 6.2B | 4.1B | |
Non Current Assets Total | 22.3B | 18.0B | 20.5B | 22.7B | 26.6B | 27.9B | |
Non Currrent Assets Other | 5.1B | 5.3B | 8.0B | 7.0B | 6.5B | 6.8B | |
Cash And Short Term Investments | 6.2B | 8.3B | 9.6B | 9.2B | 7.8B | 8.7B | |
Net Receivables | 6.8B | 6.9B | 6.7B | 7.8B | 6.9B | 6.5B | |
Common Stock Shares Outstanding | 5.6B | 5.6B | 5.7B | 5.7B | 5.6B | 8.0B | |
Liabilities And Stockholders Equity | 39.1B | 36.3B | 40.0B | 42.9B | 44.7B | 30.9B | |
Non Current Liabilities Total | 11.7B | 11.9B | 10.5B | 8.7B | 13.1B | 13.8B | |
Inventory | 2.9B | 2.2B | 2.4B | 3.3B | 2.7B | 2.2B | |
Other Stockholder Equity | 75M | 91M | 102M | 151M | 276M | 154.6M | |
Total Liab | 23.7B | 23.6B | 22.6B | 21.5B | 24.0B | 16.9B | |
Property Plant And Equipment Gross | 2.8B | 2.6B | 2.8B | 2.9B | 6.9B | 7.2B | |
Total Current Assets | 16.8B | 18.3B | 19.6B | 20.3B | 18.1B | 19.3B | |
Short Term Debt | 551M | 750M | 301M | 412M | 752M | 667.5M | |
Intangible Assets | 2.4B | 2.0B | 1.6B | 1.3B | 1.1B | 1.6B | |
Short Term Investments | 261M | 1.3B | 2.9B | 3.7B | 1.6B | 1.5B | |
Accumulated Other Comprehensive Income | 16.6B | 16.3B | 19.5B | 19.6B | 18.6B | 19.5B | |
Other Liab | 6.9B | 6.1B | 5.1B | 3.6B | 4.2B | 2.8B | |
Other Assets | 10.2B | 7.1B | 9.3B | 10.8B | 11.4B | 12.0B | |
Long Term Debt | 4.0B | 5.0B | 4.5B | 4.2B | 3.6B | 3.1B | |
Good Will | 5.5B | 5.1B | 5.4B | 5.7B | 5.5B | 3.7B | |
Other Current Assets | 875M | 850M | 859M | 10.4B | 628M | 596.6M | |
Property Plant Equipment | 2.8B | 2.6B | 2.8B | 2.9B | 3.4B | 2.4B | |
Long Term Investments | 1.4B | 1.3B | 1.3B | 2.0B | 1.9B | 1.5B | |
Short Long Term Debt | 292M | 561M | 116M | 228M | 554M | 742.3M | |
Net Tangible Assets | 7.4B | 5.4B | 10.3B | 14.4B | 16.6B | 9.4B |
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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.