Nokia (NOK) Minority Interest (2009 - 2024)
Nokia (NOK) posted quarterly Minority Interest of $107.0 million for Q2 2024, down 2.08% year-on-year from $109.2 million in Q3 2023, and up 3.3% on a QoQ basis from $103.6 million in Q4 2023.
Nokia (NOK) Minority Interest (2009 - 2024) Analysis & Trends
Nokia (NOK) has reported Minority Interest for 14 consecutive years, with $107.0 million the latest figure, recorded in Q2 2024.
- Quarterly Minority Interest fell 2.08% year-over-year to $107.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $107.0 million (down 2.08% YoY) and the FY2023 annual result came in at $103.6 million, changed N/A from the prior year.
- Minority Interest grew to $107.0 million in Q2 2024 per NOK's latest filing, from $103.6 million in the prior quarter.
- Over the last five years, Minority Interest for NOK reached as high as $113.8 million in Q3 2021 and fell as low as $88.8 million in Q2 2020.
- A 4-year average of $99.4 million and a median of $96.7 million in 2021 frame the typical range for Minority Interest.
- Annual changes were most pronounced in 2021 — Minority Interest gained 20.48% — and 2024, when it decreased 2.08%.
- Year by year, Minority Interest stood at $91.0 million in 2020, then increased by 25.0% to $113.8 million in 2021, then declined by 9.0% to $103.6 million in 2023, then increased by 3.3% to $107.0 million in 2024.
- According to Business Quant data, Minority Interest over the past three periods registered $107.0 million, $103.6 million, and $109.2 million for Q2 2024, Q4 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn |
| 10 | Viasat | 10.14 Bn | 8.46 Bn | 615.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 106.97 Mn |
| Dec 31, 2023 | 103.55 Mn |
| Jun 30, 2023 | 109.24 Mn |
| Sep 30, 2021 | 113.80 Mn |
| Mar 31, 2021 | 96.73 Mn |
| Dec 31, 2020 | 91.04 Mn |
| Sep 30, 2020 | 94.45 Mn |
| Jun 30, 2020 | 88.76 Mn |
| Mar 31, 2020 | 89.90 Mn |
| Dec 31, 2019 | 86.48 Mn |
| Sep 30, 2019 | 89.90 Mn |
| Jun 30, 2019 | 89.90 Mn |
| Dec 31, 2018 | 93.31 Mn |
| Sep 30, 2018 | 98.14 Mn |
| Jun 30, 2018 | 101.02 Mn |
| Dec 31, 2017 | 115.46 Mn |
| Sep 30, 2017 | 106.80 Mn |
| Jun 30, 2017 | 1.24 Bn |
| Dec 31, 2015 | 30.31 Mn |
| Dec 31, 2014 | 83.71 Mn |