Nokia (NOKBF) Debt Ratio (2009 - 2025)

Nokia's (NOKBF) quarterly Debt Ratio came in at 0.07 in Q4 2025, down 29.14% year-on-year from 0.1 in Q4 2024, and down 29.14% quarter-over-quarter from 0.1 in Q4 2024.

Nokia (NOKBF) Debt Ratio (2009 - 2025) Analysis & Trends

Nokia has disclosed Debt Ratio across 17 years of filings, most recently posting 0.07 for Q4 2025.

  • Debt Ratio for Q4 2025 came in at 0.07, down 29.14% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.04 (changed N/A YoY), and the FY2025 annual result was 0.07, down 29.14% from the prior year.
  • Debt Ratio came in at 0.07 for Q4 2025 at Nokia, down from 0.1 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.14 in Q1 2021 to a low of 0.07 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.1 (2022), against an average of 0.11.
  • Across the five-year window, Debt Ratio grew 11.28% in 2021 and fell 29.14% in 2025, its largest moves.
  • Nokia's Debt Ratio stood at 0.12 in 2021, then dropped by 10.27% to 0.1 in 2022, then climbed by 0.85% to 0.11 in 2023, then declined by 5.57% to 0.1 in 2024, then slipped by 29.14% to 0.07 in 2025.
  • The last three Debt Ratio figures came in at 0.07 (Q4 2025), 0.1 (Q4 2024), and 0.09 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 0.25
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 0.26
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 0.47
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 0.29
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 0.47
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn -
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 0.49
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 0.03
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 0.32
10 Nokia - - 10.09 Bn 0.07

Historic Data

Download Data
DateValue
Dec 31, 2025 0.07
Dec 31, 2024 0.10
Jun 30, 2024 0.09
Dec 31, 2023 0.11
Jun 30, 2023 0.10
Dec 31, 2022 0.10
Dec 31, 2021 0.12
Sep 30, 2021 0.13
Mar 31, 2021 0.14
Dec 31, 2020 0.15
Sep 30, 2020 0.15
Jun 30, 2020 0.15
Mar 31, 2020 0.13
Dec 31, 2019 0.12
Sep 30, 2019 0.11
Jun 30, 2019 0.11
Dec 31, 2018 0.09
Sep 30, 2018 0.10
Jun 30, 2018 0.10
Dec 31, 2017 0.09