Nokia Quick Ratio 2010-2024 | NOK

Nokia quick ratio for the quarter ending June 30, 2024 was 1.57.

  • 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.
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