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

Nokia (NOK) posted Asset Utilization Ratio of 0.7 for Q2 2023, down 26.23% sequentially from 0.95 in Q4 2022.

Nokia (NOK) Asset Utilization Ratio (2009 - 2023) Analysis & Trends

Nokia has reported Asset Utilization Ratio for 15 years, with the latest figure at 0.7 in Q2 2023.

Quarterly Asset Utilization Ratio changed N/A year-over-year to 0.7 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.7 (changed N/A YoY) and the FY2025 annual result came in at 0.54, up 11.57% from the prior year.
Asset Utilization Ratio retreated to 0.7 in Q2 2023 per NOK's latest filing, from 0.95 in the prior quarter.
Over five years, Asset Utilization Ratio peaked at 1.08 in Q3 2019 and troughed at 0.13 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.
The sharpest annual moves came in 2020 and 2021: Asset Utilization Ratio plunged 87.73% in 2020, then soared 351.38% in 2021.
Over 5 years, Asset Utilization Ratio stood at 0.61 in 2019, then dropped by 10.29% to 0.55 in 2020, then advanced by 6.49% to 0.59 in 2021, then soared by 62.56% to 0.95 in 2022, then slipped by 26.23% to 0.7 in 2023.
According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.7, 0.95, and 0.59 for Q2 2023, Q4 2022, and Q4 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Asset Util. (Qtr)
1	Cisco Systems	440.02 Bn	423.38 Bn	10.08 Bn	0.49
2	Hewlett Packard Enterprise	77.69 Bn	72.40 Bn	3.94 Bn	0.50
3	Motorola Solutions	77.25 Bn	76.56 Bn	1.68 Bn	0.64
4	Lumentum Holdings	66.40 Bn	63.23 Bn	357.00 Mn	0.42
5	Nokia	61.84 Bn	54.37 Bn	10.09 Bn	-
6	Ciena	60.71 Bn	59.51 Bn	691.55 Mn	0.93
7	Ubiquiti	34.65 Bn	34.28 Bn	370.71 Mn	1.86
8	Ericsson Lm Telephone	34.62 Bn	28.92 Bn	2.58 Bn	0.78
9	AST SpaceMobile	27.62 Bn	28.12 Bn	9.12 Mn	0.02
10	Zebra Technologies	17.79 Bn	17.63 Bn	825.00 Mn	0.69

Download Data