Growth Metrics

Nokia (NOK) Asset Utilization Ratio (2016 - 2023)

Historic Asset Utilization Ratio for Nokia (NOK) over the last 15 years, with Q4 2023 value amounting to 0.49.

  • Nokia's Asset Utilization Ratio fell 65593.47% to 0.49 in Q4 2023 from the same period last year, while for Dec 2023 it was 0.49, marking a year-over-year decrease of 65593.47%. This contributed to the annual value of 0.62 for FY2024, which is 1936.2% up from last year.
  • As of Q4 2023, Nokia's Asset Utilization Ratio stood at 0.49, which was down 65593.47% from 0.22 recorded in Q2 2023.
  • In the past 5 years, Nokia's Asset Utilization Ratio registered a high of 1.35 during Q3 2019, and its lowest value of 0.49 during Q4 2023.
  • For the 5-year period, Nokia's Asset Utilization Ratio averaged around 0.46, with its median value being 0.39 (2020).
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first soared by 34630.14% in 2021, then plummeted by 65593.47% in 2023.
  • Nokia's Asset Utilization Ratio (Quarter) stood at 0.61 in 2019, then dropped by 10.5% to 0.55 in 2020, then tumbled by 82.55% to 0.1 in 2021, then fell by 9.12% to 0.09 in 2022, then plummeted by 655.93% to 0.49 in 2023.
  • Its last three reported values are 0.49 in Q4 2023, 0.22 for Q2 2023, and 0.09 during Q4 2022.