Nokia (NOK) Beginning Cash Balance (2009 - 2024)

Nokia (NOK) posted quarterly Beginning Cash Balance of $7.5 billion for Q2 2024, up 5.25% on a QoQ basis from $7.1 billion in Q1 2024.

Nokia (NOK) Beginning Cash Balance (2009 - 2024) Analysis & Trends

Nokia (NOK) has reported Beginning Cash Balance for 14 consecutive years, with $7.5 billion the latest figure, recorded in Q2 2024.

  • Quarterly Beginning Cash Balance changed N/A year-over-year to $7.5 billion in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $30.7 billion (changed N/A YoY) and the FY2014 annual result came in at $11.0 billion, down 14.73% from the prior year.
  • Beginning Cash Balance rose to $7.5 billion in Q2 2024 per NOK's latest filing, from $7.1 billion in the prior quarter.
  • Over the last five years, Beginning Cash Balance for NOK reached as high as $8.3 billion in Q3 2021 and fell as low as $6.7 billion in Q1 2020.
  • A 3-year average of $7.5 billion and a median of $7.5 billion in 2024 frame the typical range for Beginning Cash Balance.
  • Annual changes were most pronounced in 2020 — Beginning Cash Balance slipped 19.8% — and 2021, when it rose 17.43%.
  • Year by year, Beginning Cash Balance stood at $8.1 billion in 2020, then advanced by 2.31% to $8.3 billion in 2021, then retreated by 9.53% to $7.5 billion in 2024.
  • According to Business Quant data, Beginning Cash Balance over the past three periods registered $7.5 billion, $7.1 billion, and $8.3 billion for Q2 2024, Q1 2024, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cisco Systems 453.08 Bn 436.44 Bn 10.08 Bn
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn
10 Zebra Technologies 13.05 Bn 12.94 Bn 742.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 7.47 Bn
Jun 30, 2024 7.47 Bn
Mar 31, 2024 7.09 Bn
Mar 31, 2024 7.09 Bn
Sep 30, 2021 8.25 Bn
Sep 30, 2021 8.25 Bn
Mar 31, 2021 7.90 Bn
Mar 31, 2021 7.90 Bn
Sep 30, 2020 8.07 Bn
Sep 30, 2020 8.07 Bn
Jun 30, 2020 7.01 Bn
Jun 30, 2020 7.01 Bn
Mar 31, 2020 6.73 Bn
Mar 31, 2020 6.73 Bn
Dec 31, 2019 5.46 Bn
Dec 31, 2019 5.46 Bn
Sep 30, 2019 7.12 Bn
Sep 30, 2019 7.12 Bn
Jun 30, 2019 7.46 Bn
Jun 30, 2019 7.46 Bn