Nokia (NOKBF) Asset Utilization Ratio (2009 - 2023)

Nokia has disclosed Asset Utilization Ratio across 15 years of filings, most recently posting 0.31 for Q4 2023.

• Asset Utilization Ratio for Q4 2023 came in at 0.31, down 62.04% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.31 (down 62.04% YoY), and the FY2025 annual result was 0.53, up 9.94% from the prior year.
• Asset Utilization Ratio came in at 0.31 for Q4 2023 at Nokia, down from 0.7 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 1.08 in Q3 2019 to a low of 0.1 in Q4 2021.
• The 5-year median for Asset Utilization Ratio is 0.59 (2021), against an average of 0.6.
• Across the five-year window, Asset Utilization Ratio plunged 87.73% in 2020 and jumped 743.5% in 2022, its largest moves.
• Nokia's Asset Utilization Ratio stood at 0.61 in 2019, then decreased by 10.29% to 0.55 in 2020, then sank by 82.55% to 0.1 in 2021, then surged by 743.5% to 0.81 in 2022, then sank by 62.04% to 0.31 in 2023.
• The last three Asset Utilization Ratio figures came in at 0.31 (Q4 2023), 0.7 (Q2 2023), and 0.81 (Q4 2022), per Business Quant data.