Nokia (NOK) Interest Coverage Ratio (2009 - 2024)

Nokia (NOK) posted Interest Coverage Ratio of 14.93 for Q2 2024, down 248.33% sequentially from 4.29 in Q1 2024.

Nokia (NOK) Interest Coverage Ratio (2009 - 2024) Analysis & Trends

Nokia has reported Interest Coverage Ratio for 14 years, with the latest figure at 14.93 in Q2 2024.

  • Quarterly Interest Coverage Ratio changed N/A year-over-year to 14.93 in Q2 2024, while the trailing twelve-month figure through Dec 2025 was 1.6730368739433872e+16 (up 1.1826006853549917e+17% YoY) and the FY2025 annual result came in at 3.6, down 41.56% from the prior year.
  • Interest Coverage Ratio slipped to 14.93 in Q2 2024 per NOK's latest filing, from 4.29 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 6.25 in Q4 2020 and troughed at 23.84 in Q3 2020.
  • A 3-year average of 8.46 and a median of 9.87 in 2020 frame the typical range for Interest Coverage Ratio.
  • The widest YoY moves for Interest Coverage Ratio: up 47.78% in 2021, down 763.49% in 2021.
  • Over 3 years, Interest Coverage Ratio stood at 6.25 in 2020, then plunged by 299.17% to 12.45 in 2021, then slipped by 19.94% to 14.93 in 2024.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 14.93, 4.29, and 12.45 for Q2 2024, Q1 2024, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Cisco Systems 440.02 Bn 423.38 Bn 10.08 Bn 2.05
2 Hewlett Packard Enterprise 77.69 Bn 72.40 Bn 3.94 Bn 1.81
3 Motorola Solutions 77.25 Bn 76.56 Bn 1.68 Bn 1.22
4 Lumentum Holdings 66.40 Bn 63.23 Bn 357.00 Mn 2.48
5 Nokia 61.84 Bn 54.37 Bn 10.09 Bn -
6 Ciena 60.71 Bn 59.51 Bn 691.55 Mn 0.62
7 Ubiquiti 34.65 Bn 34.28 Bn 370.71 Mn 61.88
8 Ericsson Lm Telephone 34.62 Bn 28.92 Bn 2.58 Bn -9.38
9 AST SpaceMobile 27.62 Bn 28.12 Bn 9.12 Mn -13.56
10 Zebra Technologies 17.79 Bn 17.63 Bn 825.00 Mn 1.36

Historic Data

Download Data
DateValue
Jun 30, 2024 -14.93
Mar 31, 2024 -4.29
Sep 30, 2021 -12.45
Mar 31, 2021 -8.75
Dec 31, 2020 6.25
Sep 30, 2020 -23.84
Jun 30, 2020 -11.00
Mar 31, 2020 1.32
Dec 31, 2019 15.90
Sep 30, 2019 -6.84
Jun 30, 2019 16.70
Mar 31, 2019 13.71
Dec 31, 2018 -44.80
Sep 30, 2018 -10.82
Jun 30, 2018 -2.67
Mar 31, 2018 6.33
Dec 31, 2017 32.39
Sep 30, 2017 13.36
Jun 30, 2017 2.03
Mar 31, 2017 -8.00