Nokia Quick Ratio 2010-2024 | NOK

Nokia quick ratio for the quarter ending September 30, 2024 was 1.46.

  • 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.
  • Nokia average quick ratio for 2021 was 1.4, a 11.11% decline from 2020.

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 2010-2024 | NOK

  • 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.
  • Nokia average quick ratio for 2021 was 1.4, a 11.11% decline from 2020.

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.
Related Stocks
Company NameMarket
Cap
QUALCOMM (QCOM)$183B
Motorola Solutions (MSI)$81.5B
Ericsson (ERIC)$27.7B
Ubiquiti (UI)$20.8B
Juniper Networks (JNPR)$11.6B
AST SpaceMobile (ASTS)$7B
InterDigital (IDCC)$4.6B
Viasat (VSAT)$877M
Clearfield (CLFD)$400M
Aviat Networks (AVNW)$183M
Comtech Telecommunications (CMTL)$84M
Sonim Technologies (SONM)$16M
WiSA Technologies (WISA)$12M
UTime (WTO)$6M