Nokia (NOK) Beginning Cash Balance (2009 - 2024)
Nokia's (NOK) quarterly Beginning Cash Balance came in at $7.1 billion in Q2 2024, up 18.68% year-over-year from $6.0 billion in Q3 2023, and up 18.68% quarter-over-quarter from $6.0 billion in Q2 2023.
Analysis
Nokia (NOK) Beginning Cash Balance (2009 - 2024) Analysis & Trends
Nokia has disclosed Beginning Cash Balance across 15 years of filings, most recently posting $7.1 billion for Q2 2024.
- In Q2 2024, Beginning Cash Balance rose 18.68% year-over-year to $7.1 billion; the TTM figure through Jun 2024 stood at $7.1 billion (up 18.68% YoY), while the FY2019 annual figure was $6.9 billion, down 17.6% from the prior year.
- Beginning Cash Balance came in at $7.1 billion for Q2 2024 at Nokia, up from $6.0 billion in the prior quarter.
- In the past five years, Beginning Cash Balance ranged from a high of $8.6 billion in Q3 2021 to a low of $6.0 billion in Q2 2023.
- Average Beginning Cash Balance over 4 years is $7.4 billion, with a median of $7.1 billion recorded in 2024.
- Year-over-year, Beginning Cash Balance fell 8.32% in 2020 and gained 28.31% in 2021.
- Over 4 years, Beginning Cash Balance stood at $8.3 billion in 2020, then rose by 3.3% to $8.6 billion in 2021, then plunged by 30.39% to $6.0 billion in 2023, then increased by 18.68% to $7.1 billion in 2024.
- Per Business Quant data, the three most recent Beginning Cash Balance figures were $7.1 billion in Q2 2024, $6.0 billion in Q2 2023, and $8.6 billion in Q3 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn |
| 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 |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 7.07 Bn |
| Jun 30, 2023 | 5.95 Bn |
| Sep 30, 2021 | 8.55 Bn |
| Mar 31, 2021 | 8.37 Bn |
| Sep 30, 2020 | 8.28 Bn |
| Jun 30, 2020 | 6.78 Bn |
| Mar 31, 2020 | 6.52 Bn |
| Dec 31, 2019 | 6.93 Bn |
| Sep 30, 2019 | 6.97 Bn |
| Jun 30, 2019 | 7.04 Bn |
| Mar 31, 2019 | 7.12 Bn |
| Dec 31, 2018 | 8.41 Bn |
| Sep 30, 2018 | 8.57 Bn |
| Jun 30, 2018 | 8.79 Bn |
| Mar 31, 2018 | 9.05 Bn |
| Dec 31, 2017 | 8.83 Bn |
| Sep 30, 2017 | 8.81 Bn |
| Jun 30, 2017 | 8.24 Bn |
| Mar 31, 2017 | 7.99 Bn |
| Dec 31, 2016 | 7.55 Bn |