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 | 450.37 Bn | 433.73 Bn | 10.08 Bn |
| 2 | Motorola Solutions | 71.60 Bn | 70.71 Bn | 1.36 Bn |
| 3 | Hewlett Packard Enterprise | 59.17 Bn | 54.33 Bn | 9.10 Bn |
| 4 | Ciena | 48.16 Bn | 46.86 Bn | 625.52 Mn |
| 5 | Nokia | 47.31 Bn | 40.00 Bn | 9.86 Bn |
| 6 | Lumentum Holdings | 44.79 Bn | 41.62 Bn | 357.00 Mn |
| 7 | Ubiquiti | 31.97 Bn | 31.61 Bn | 370.71 Mn |
| 8 | Ericsson Lm Telephone | 31.87 Bn | 26.20 Bn | 2.53 Bn |
| 9 | AST SpaceMobile | 15.74 Bn | 15.74 Bn | 3.67 Mn |
| 10 | Zebra Technologies | 12.99 Bn | 12.88 Bn | 742.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |