Nokia Quick Ratio 2010-2025 | NOK

Nokia quick ratio for the quarter ending March 31, 2025 was 1.15.

  • Nokia average quick ratio for 2024 was 1.46, a 8.96% decline from 2023.
  • Nokia average quick ratio for 2023 was 1.34, a 0.75% increase from 2022.
  • Nokia average quick ratio for 2022 was 1.33, a 5% increase from 2021.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

Nokia Quick Ratio 2010-2025 | NOK

  • Nokia average quick ratio for 2024 was 1.46, a 8.96% decline from 2023.
  • Nokia average quick ratio for 2023 was 1.34, a 0.75% increase from 2022.
  • Nokia average quick ratio for 2022 was 1.33, a 5% increase from 2021.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.
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