Nokia (NOK) Asset Utilization Ratio (2009 - 2023)

Nokia (NOK) has reported Asset Utilization Ratio for 15 consecutive years, with 0.69 the latest figure, recorded in Q2 2023.

• Quarterly Asset Utilization Ratio changed N/A year-over-year to 0.69 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.69 (changed N/A YoY) and the FY2025 annual result came in at 0.52, up 6.53% from the prior year.
• Asset Utilization Ratio retreated to 0.69 in Q2 2023 per NOK's latest filing, from 0.93 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for NOK reached as high as 1.1 in Q1 2019 and fell as low as 0.12 in Q1 2020.
• A 5-year average of 0.67 and a median of 0.6 in 2019 frame the typical range for Asset Utilization Ratio.
• Annual changes were most pronounced in 2020 — Asset Utilization Ratio slumped 88.7% — and 2021, when it soared 386.66%.
• Year by year, Asset Utilization Ratio stood at 0.6 in 2019, then declined by 2.22% to 0.58 in 2020, then retreated by 3.62% to 0.56 in 2021, then surged by 65.61% to 0.93 in 2022, then fell by 25.62% to 0.69 in 2023.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.69, 0.93, and 0.56 for Q2 2023, Q4 2022, and Q4 2021 respectively.