Nokia Oyj
NYSE:NOK
Bankruptcy Probability
Nokia Oyj's probability of bankruptcy is 2.9%, pointing to a small but noticeable default risk. The solvency score is 54/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Nokia Oyj Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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Nokia Oyj
OMXH:NOKIA
|
32.5B EUR |
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| JP |
N
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Nakayo Inc
TSE:6715
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111.4T JPY |
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| US |
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Cisco Systems Inc
NASDAQ:CSCO
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325.5B USD |
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| US |
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Arista Networks Inc
NYSE:ANET
|
161.8B USD |
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| CN |
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Zhongji Innolight Co Ltd
SZSE:300308
|
613.4B CNY |
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| US |
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Motorola Solutions Inc
NYSE:MSI
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69.3B USD |
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| SE |
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Telefonaktiebolaget LM Ericsson
STO:ERIC B
|
331.5B SEK |
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| US |
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Ciena Corp
NYSE:CIEN
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36.1B USD |
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| US |
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Lumentum Holdings Inc
NASDAQ:LITE
|
35.1B USD |
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| US |
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Ubiquiti Inc
NYSE:UI
|
34.4B USD |
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| CN |
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Suzhou TFC Optical Communication Co Ltd
SZSE:300394
|
190.9B CNY |
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Nokia Oyj's probability of bankruptcy is 2.8%, pointing to a small but noticeable default risk.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Nokia Oyj has total debt of 3.1B EUR. This includes both short-term (0 EUR) and long-term (3.1B EUR) debt.
You can find a full breakdown on its Balance Sheet.
