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| Date | Value |
|---|---|
| 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 |