Nokia (NOK) Debt Ratio (2009 - 2025)

Nokia has disclosed Debt Ratio across 17 years of filings, most recently posting 0.09 for Q4 2025.

• In Q4 2025, Debt Ratio fell 8.57% year-over-year to 0.09; the TTM figure through Dec 2025 stood at 0.09 (down 8.57% YoY), while the FY2025 annual figure was 0.09, down 8.57% from the prior year.
• Debt Ratio came in at 0.09 for Q4 2025 at Nokia, down from 0.1 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.14 in Q1 2021 to a low of 0.09 in Q4 2025.
• Average Debt Ratio over 5 years is 0.11, with a median of 0.1 recorded in 2022.
• The largest YoY upside for Debt Ratio was 11.28% in 2021 against a maximum downside of 24.37% in 2021.
• Over 5 years, Debt Ratio stood at 0.12 in 2021, then declined by 12.63% to 0.1 in 2022, then climbed by 0.85% to 0.11 in 2023, then declined by 5.57% to 0.1 in 2024, then dropped by 8.57% to 0.09 in 2025.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.09 in Q4 2025, 0.1 in Q4 2024, and 0.09 in Q2 2024.