Nokia (NOK) Asset Utilization Ratio (2009 - 2022)
Nokia's (NOK) quarterly Asset Utilization Ratio came in at 0.62 in Q4 2022, up 8.21% year-over-year from 0.57 in Q4 2021, and up 8.21% quarter-over-quarter from 0.57 in Q4 2021.
Analysis
Nokia (NOK) Asset Utilization Ratio (2009 - 2022) Analysis & Trends
Nokia has disclosed Asset Utilization Ratio across 14 years of filings, most recently posting 0.62 for Q4 2022.
- In Q4 2022, Asset Utilization Ratio rose 8.21% year-over-year to 0.62; the TTM figure through Dec 2022 stood at 0.62 (up 8.21% YoY), while the FY2025 annual figure was 0.52, up 6.6% from the prior year.
- Asset Utilization Ratio came in at 0.62 for Q4 2022 at Nokia, up from 0.57 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.62 in Q4 2022 to a low of 0.55 in Q1 2018.
- Average Asset Utilization Ratio over 5 years is 0.58, with a median of 0.59 recorded in 2018.
- Year-over-year, Asset Utilization Ratio gained 8.34% in 2018 and dropped 7.3% in 2020.
- Over 5 years, Asset Utilization Ratio stood at 0.59 in 2018, then grew by 1.68% to 0.6 in 2019, then declined by 5.94% to 0.57 in 2020, then increased by 0.97% to 0.57 in 2021, then advanced by 8.21% to 0.62 in 2022.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.62 in Q4 2022, 0.57 in Q4 2021, and 0.59 in Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn | 0.70 |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn | 0.40 |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | 0.53 |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | 0.03 |
| 6 | Bhp | 229.70 Bn | 211.16 Bn | - | - |
| 7 | Diageo | 216.99 Bn | 217.04 Bn | - | - |
| 8 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 9 | Ferrari | 152.22 Bn | 150.47 Bn | 1.18 Bn | 0.72 |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.57 |
| Mar 31, 2021 | 0.59 |
| Dec 31, 2020 | 0.57 |
| Sep 30, 2020 | 0.56 |
| Jun 30, 2020 | 0.57 |
| Mar 31, 2020 | 0.59 |
| Dec 31, 2019 | 0.60 |
| Sep 30, 2019 | 0.60 |
| Jun 30, 2019 | 0.59 |
| Mar 31, 2019 | 0.58 |
| Dec 31, 2018 | 0.59 |
| Sep 30, 2018 | 0.59 |
| Jun 30, 2018 | 0.56 |
| Mar 31, 2018 | 0.55 |
| Dec 31, 2017 | 0.55 |
| Sep 30, 2017 | 0.54 |
| Jun 30, 2017 | 0.55 |
| Mar 31, 2017 | 0.54 |
| Dec 31, 2016 | 0.55 |