Nokia (NOK) Debt to Equity (2016 - 2025)

Nokia's Debt to Equity history spans 10 years, with the latest figure at $0.05 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 76.71% year-over-year to $0.05; the TTM value through Dec 2025 reached $0.05, down 76.71%, while the annual FY2025 figure was $0.05, 76.71% down from the prior year.
  • Debt to Equity for Q4 2025 was $0.05 at Nokia, down from $0.22 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.27 in Q4 2021 and bottomed at $0.05 in Q4 2025.
  • The 5-year median for Debt to Equity is $0.21 (2022), against an average of $0.19.
  • The largest annual shift saw Debt to Equity rose 8.79% in 2024 before it crashed 76.71% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.27 in 2021, then decreased by 21.7% to $0.21 in 2022, then decreased by 2.76% to $0.2 in 2023, then grew by 8.79% to $0.22 in 2024, then plummeted by 76.71% to $0.05 in 2025.
  • Per Business Quant, the three most recent readings for NOK's Debt to Equity are $0.05 (Q4 2025), $0.22 (Q4 2024), and $0.2 (Q4 2023).