Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Nokia Corporation (NOK) had Asset Turnover of 0.49 for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$20.80B
Net Income	$1.38B
Cost of Goods Sold	$11.21B
Gross Profit	$9.59B
Operating Expenses	$18.63B
Operating Income	$2.16B
Non-Operating Income/Expense	$99.55M
Pre-Tax Income	$2.26B
Normalized Pre-Tax Income	$2.26B
Income after Taxes	$1.85B
Income from Continuous Operations	$1.85B
Consolidated Net Income/Loss	$1.39B
Normalized Income after Taxes	$1.84B
EBIT	$2.16B
EBITDA	$3.26B
Weighted-Average Shares Outstanding (Basic)	5.48B
Weighted-Average Shares Outstanding (Diluted)	5.53B
Earnings per Share (EPS) (Basic)	$0.25
Earnings per Share (EPS) (Diluted)	$0.25
Balance Sheet Financials
Current Assets	$19.46B
Property, Plant, and Equipment	$1.47B
Long-Term Assets	$22.90B
Total Assets	$42.36B
Current Liabilities	$12.33B
Long-Term Debt	$3.16B
Long-Term Liabilities	$7.58B
Total Liabilities	$19.91B
Common Equity	$22.45B
Tangible Shareholders Equity	$15.38B
Shareholders Equity	$22.45B
Common Shares Outstanding	5.37B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$2.70B
Cash Flow from Investing Activities	$-126.61M
Cash Flow from Financial Activities	$-2.17B
Beginning Cash	$6.75B
End Cash	$7.17B
Increase/Decrease in Cash	$420.94M
Stock-Based Compensation	$260.79M
Common Stock Dividends Paid	$-782.36M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.58
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.12
Debt to Equity Ratio	0.19
Gross Margin	46.12%
Operating Margin	10.40%
EBIT Margin	10.40%
EBITDA Margin	15.68%
Pre-Tax Profit Margin	10.88%
Profit Margin	6.64%
Free Cash Flow	$2.29B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.49
Inventory Turnover	4.79
Receiveable Turnover	3.20
Days Sales in Receivables	114.23
Return on Equity	8.25%
Return on Tangible Equity	12.04%
Return on Assets	4.37%
Return on Investments	7.23%
Book Value Per Share	$4.18
Free Cash Flow per Share	$0.41
Operating Cash Flow per Share	$0.49

Data from Zacks Investment Research, Inc.