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Nokia Oyj (Nokia Oyj) Marketable Securities : $2,462 Mil (As of Mar. 2024)


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What is Nokia Oyj Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Nokia Oyj's Marketable Securities for the quarter that ended in Mar. 2024 was $2,462 Mil.

Nokia Oyj's annual Marketable Securities increased from Dec. 2021 ($3,292 Mil) to Dec. 2022 ($3,914 Mil) but then declined from Dec. 2022 ($3,914 Mil) to Dec. 2023 ($2,188 Mil).


Nokia Oyj Marketable Securities Historical Data

The historical data trend for Nokia Oyj's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nokia Oyj Marketable Securities Chart

Nokia Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 290.00 1,624.09 3,291.53 3,914.20 2,187.57

Nokia Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,705.57 2,570.96 2,367.13 2,187.57 2,461.96

Nokia Oyj Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Nokia Oyj  (NYSE:NOK) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Nokia Oyj Marketable Securities Related Terms

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Nokia Oyj (Nokia Oyj) Business Description

Industry
Address
Karakaari 7, Espoo, FIN, FI-02610
Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.