Growth Metrics

Nokia (NOK) Debt Ratio (2016 - 2025)

Nokia has reported Debt Ratio over the past 17 years, most recently at 0.07 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 29.14% year-over-year to 0.07; the TTM value through Dec 2025 reached 0.04, down 63.77%, while the annual FY2025 figure was 0.07, 29.14% down from the prior year.
  • Debt Ratio was 0.07 for Q4 2025 at Nokia, down from 0.1 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.12 in Q4 2021 and bottomed at 0.02 in Q1 2021.
  • The 5-year median for Debt Ratio is 0.1 (2024), against an average of 0.08.
  • Year-over-year, Debt Ratio grew 4.14% in 2021 and then fell 29.14% in 2025.
  • Over 5 years, Debt Ratio stood at 0.12 in 2021, then fell by 10.27% to 0.1 in 2022, then increased by 0.85% to 0.11 in 2023, then dropped by 5.57% to 0.1 in 2024, then decreased by 29.14% to 0.07 in 2025.
  • The last three reported values for Debt Ratio were 0.07 (Q4 2025), 0.1 (Q4 2024), and 0.11 (Q4 2023) per Business Quant data.