How much cash does Nokia Oyj have?

According to Nokia Oyj's latest annual financial reports, the company has a total of $6.23B in cash and cash equivalents. This amount includes all liquid assets that can be readily converted into cash.

Additionally, Nokia Oyj holds $1.56B in short-term investments, which are highly liquid assets that can be easily converted into cash within a short period.

In total, the company has $7.80B when combining cash and cash equivalents with short-term investments.

On a per-share basis, Nokia Oyj has $1.41 in cash. This metric helps investors understand how much cash the company holds per outstanding share.

The company's free cash flow, which is the cash generated from operations after deducting capital expenditures, stands at $665.00M. This is an important indicator of financial health, showing the cash available for distribution to shareholders or reinvestment into the company.

Lastly, the company's cash position has experienced a growth rate of 14.03%, reflecting the increase in cash and cash equivalents over the specified period.

Nokia Oyj Historical Cash on Hand

Cash on Hand History

The table below shows the amount of cash on hand for each year, with the latest data available for the last fiscal year 2023.

Year	Cash on Hand	Change
2023	$6.23B	14.03%
2022	$5.47B	-18.29%
2021	$6.69B	-3.59%
2020	$6.94B	17.43%
2019	$5.91B	-5.61%
2018	$6.26B	-15.04%
2017	$7.37B	-1.71%
2016	$7.50B	7.18%
2015	$7.00B	35.27%
2014	$5.17B	-32.25%
2013	$7.63B	-14.73%
2012	$8.95B	357.43%
2011	$1.96B	0.31%
2010	$1.95B	70.84%
2009	$1.14B	-79.47%
2008	$5.56B	161.31%
2007	$2.13B	43.90%
2006	$1.48B	-5.41%
2005	$1.56B	43.51%
2004	$1.09B	-4.64%
2003	$1.14B	-23.68%
2002	$1.50B	-19.37%
2001	$1.86B	31.41%
2000	$1.41B	37.77%
1999	$1.03B	42.01%
1998	$722.20M	-64.82%
1997	$2.05B	617.65%
1996	$286.04M	-61.86%
1995	$749.96M	N/A