Nokia Oyj (NOK) Interest Coverage Ratio: History & Chart

Nokia Oyj(NOK)

Communication Equipment · Espoo, UU

$10.60+0.23 (+2.22%)

Delayed quote: Oct 2, 2026, 4:00 PM EDT

About Nokia Oyj

Nokia Oyj stands as a global technology leader, delivering comprehensive network infrastructure and solutions across mobile, fixed, and cloud domains. Its operations are structured into four primary divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment furnishes radio access network technologies, spanning from 2G to 5G, alongside crucial microwave radio links for transport. Within Network Infrastructure, Nokia provides fixed access solutions such as fiber and copper, coupled with cloud and virtualization services. This segment also encompasses a robust Wi-Fi portfolio, featuring mesh solutions and cloud-based controllers, as well as sophisticated IP routing solutions for aggregation, edge, and core applications tailored for residential, business, mobile, and industrial sectors. Its extensive optical network offerings include coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems designed for metro access, data center interconnect, regional, and long/ultra-long-haul applications. Additionally, Nokia provides capabilities for submarine networks. The Cloud and Network Services division delivers business application software, advanced cloud and cognitive services, core network software, and specialized enterprise solutions. Through Nokia Technologies, the company engages in licensing its valuable intellectual property, encompassing patents, various technologies, and the iconic Nokia brand, in addition to offering hardware, software, and related services. Serving a diverse clientele, Nokia's customers include communications service providers, major internet companies (webscales and hyperscalers), digital industries, and governmental entities. Nokia Oyj was founded in 1865 and maintains its headquarters in Espoo, Finland.

Espoo, UU

78,434 employees

www.nokia.com

Technology / Communication Equipment

Sector: Technology
Industry: Communication Equipment
CEO: Justin Hotard

View full financials

NOK Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

3.57x

INTEREST COVERAGE RATIO AVG TTM

-8.99x

INTEREST COVERAGE RATIO AVG 3Y

6.55x

INTEREST COVERAGE RATIO AVG 5Y

15.42x

INTEREST COVERAGE RATIO AVG 10Y

6.51x

INTEREST COVERAGE RATIO AVG 15Y

5.76x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+139.72%

CURRENT VS 3Y AVG

-45.51%

CURRENT VS 5Y AVG

-76.85%

CURRENT VS 10Y AVG

-45.19%

CURRENT VS 15Y AVG

-38.06%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · TECHNOLOGY

7.00x

median of 170 covered companies

CURRENT VS SECTOR MEDIAN

-48.96%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Nokia Oyj (NOK)	$57.25B	3.57x	-8.99x	6.55x	15.42x
Nebius Group N.V. (NBIS)vs ›	$58.27B	-10.31x	201.07x	108.40x	75.26x
Ciena Corporation (CIEN)vs ›	$55.40B	3.39x	2.67x	3.15x	6.02x
Astera Labs, Inc. Common Stock (ALAB)vs ›	$60.05B	N/A	N/A	N/A	N/A
Garmin Ltd. (GRMN)vs ›	$54.22B	N/A	510.98x	2104.82x	2104.82x
NXP Semiconductors N.V. (NXPI)vs ›	$61.44B	7.10x	7.84x	8.23x	6.85x
Strategy Inc (MSTR)vs ›	$52.93B	-0.63x	1145.05x	1145.05x	1145.05x
STMicroelectronics N.V. (STM)vs ›	$51.11B	5.89x	12.80x	112.73x	88.83x
TE Connectivity plc (TEL)vs ›	$63.89B	41.70x	40.82x	39.75x	41.13x
Atlassian Corporation (TEAM)vs ›	$49.35B	0.21x	0.21x	0.21x	0.88x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Nokia Oyj (NOK)

$57.25B

3.57x

-8.99x

6.55x

15.42x

Nebius Group N.V. (NBIS)vs ›

$58.27B

-10.31x

201.07x

108.40x

75.26x

Ciena Corporation (CIEN)vs ›

$55.40B

3.39x

2.67x

3.15x

6.02x

Astera Labs, Inc. Common Stock (ALAB)vs ›

$60.05B

N/A

Garmin Ltd. (GRMN)vs ›

$54.22B

N/A

510.98x

2104.82x

NXP Semiconductors N.V. (NXPI)vs ›

$61.44B

7.10x

7.84x

8.23x

6.85x

Strategy Inc (MSTR)vs ›

$52.93B

-0.63x

1145.05x

STMicroelectronics N.V. (STM)vs ›

$51.11B

5.89x

12.80x

112.73x

88.83x

TE Connectivity plc (TEL)vs ›

$63.89B

41.70x

40.82x

39.75x

41.13x

Atlassian Corporation (TEAM)vs ›

$49.35B

0.21x

0.88x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Nokia Oyj (NOK)?

The interest coverage ratio for NOK stock is 3.57x.

Is Nokia Oyj's interest coverage ratio high or low?

The interest coverage ratio of 3.57x is 77% below its 5-year average of 15.42x, around the middle of its 5-year range (-62.43x–92.50x).

What is the TTM average interest coverage ratio for Nokia Oyj (NOK)?

The TTM average interest coverage ratio for NOK stock is -8.99x.

What is the 3Y average interest coverage ratio for Nokia Oyj (NOK)?

The 3Y average interest coverage ratio for NOK stock is 6.55x.

What is the 5Y average interest coverage ratio for Nokia Oyj (NOK)?

The 5Y average interest coverage ratio for NOK stock is 15.42x.

What is the 10Y average interest coverage ratio for Nokia Oyj (NOK)?

The 10Y average interest coverage ratio for NOK stock is 6.51x.

What is the 15Y average interest coverage ratio for Nokia Oyj (NOK)?

The 15Y average interest coverage ratio for NOK stock is 5.76x.

DATE	INTEREST COVERAGE RATIO
2025-12-31	-62.43x
2025-09-30	34.14x
2024-12-31	1.32x
2023-12-31	13.04x
2023-09-30	6.41x
2023-06-30	8.69x
2023-03-31	22.42x
2022-12-31	28.82x
2022-06-30	31.33x
2022-03-31	4.92x
2021-12-31	92.50x
2021-09-30	10.04x
2021-06-30	7.12x
2021-03-31	7.70x
2020-12-31	24.50x
2020-09-30	4.79x
2020-06-30	15.45x
2020-03-31	-1.52x
2019-12-31	15.77x
2019-09-30	2.69x
2019-06-30	-0.33x
2019-03-31	-9.53x
2018-12-31	55.20x
2018-09-30	-0.90x
2018-06-30	-3.95x
2018-03-31	-3.11x
2017-12-31	4.87x
2017-09-30	-3.65x
2017-06-30	-0.16x
2017-03-31	-0.87x
2016-12-31	4.40x
2016-09-30	0.69x
2016-06-30	-23.75x
2016-03-31	-6.91x
2015-12-31	13.98x
2015-09-30	3.96x
2015-06-30	17.00x
2015-03-31	8.14x
2014-12-31	11.62x
2014-09-30	18.45x
2014-06-30	1.09x
2014-03-31	3.27x
2013-12-31	10.41x
2013-09-30	4.16x
2013-06-30	0.21x
2013-03-31	-0.27x
2012-09-30	-5.81x
2012-06-30	-17.17x
2012-03-31	-10.37x
2011-12-31	-45.43x
2011-09-30	-10.14x
2011-06-30	-11.60x
2011-03-31	13.72x
2010-12-31	13.60x
2010-09-30	5.10x
2010-06-30	2.09x
2010-03-31	6.68x
2009-12-31	14.44x
2009-09-30	-8.88x
2009-06-30	3.49x
2009-03-31	0.71x
2008-09-30	25.77x

DATE

INTEREST COVERAGE RATIO

2025-12-31

-62.43x

2025-09-30

34.14x

2024-12-31

1.32x

2023-12-31

13.04x

2023-09-30

6.41x

2023-06-30

8.69x

2023-03-31

22.42x

2022-12-31

28.82x

2022-06-30

31.33x

2022-03-31

4.92x

2021-12-31

92.50x

2021-09-30

10.04x

2021-06-30

7.12x

2021-03-31

7.70x

2020-12-31

24.50x

2020-09-30

4.79x

2020-06-30

15.45x

2020-03-31

-1.52x

2019-12-31

15.77x

2019-09-30

2.69x

2019-06-30

-0.33x

2019-03-31

-9.53x

2018-12-31

55.20x

2018-09-30

-0.90x

2018-06-30

-3.95x

2018-03-31

-3.11x

2017-12-31

4.87x

2017-09-30

-3.65x

2017-06-30

-0.16x

2017-03-31

-0.87x

2016-12-31

4.40x

2016-09-30

0.69x

2016-06-30

-23.75x

2016-03-31

-6.91x

2015-12-31

13.98x

2015-09-30

3.96x

2015-06-30

17.00x

2015-03-31

8.14x

2014-12-31

11.62x

2014-09-30

18.45x

2014-06-30

1.09x

2014-03-31

3.27x

2013-12-31

10.41x

2013-09-30

4.16x

2013-06-30

0.21x

2013-03-31

-0.27x

2012-09-30

-5.81x

2012-06-30

-17.17x

2012-03-31

-10.37x

2011-12-31

-45.43x

2011-09-30

-10.14x

2011-06-30

-11.60x

2011-03-31

13.72x

2010-12-31

13.60x

2010-09-30

5.10x

2010-06-30

2.09x

2010-03-31

6.68x

2009-12-31

14.44x

2009-09-30

-8.88x

2009-06-30

3.49x

2009-03-31

0.71x

2008-09-30

25.77x

Interest Coverage Ratio: 3.57x

NOK Interest Coverage Ratio

NOK Average Interest Coverage Ratio Chart

NOK Current vs Average Interest Coverage Ratio Chart

NOK Interest Coverage Ratio Metrics

NOK Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

NOK Interest Coverage Ratio History

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