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Pages:
1 page/≈275 words
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Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
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Topic:

Financial Analysis of Nokia

Essay Instructions:

III. Conduct a financial analysis of the company (3 points total- see below)
i. Use the most recent quarterly and annual financial statements for your corporation (use the SEC’s EDGAR database) as well as any other resources to help you get a clear picture of the firm’s financial position.
1. Provide at least five important measures of the company’s financial well-being over at least two quarters. At least two of these measures should be measures that were discussed in class lectures.
2. For each of these measures, explain:
a. In layman’s terms what the financial measure means and why it is an important measure for determining your chosen company’s prospects for successful growth (1 point total for all five)
b. What the value of this figure says about the financial wellbeing of your chosen company (1 point total for all five)
c. How the value of that measure compares to at least one of the following (1 point total for all five):
i. The industry average
ii. At least one of your company’s competitors or
iii. A similar or related company
Resources: https://www(dot)sec(dot)gov/ix?doc=/Archives/edgar/data/0000924613/000155837022002758/nok-20211231x20f.htm#Operatingandfinancialreviewandprospects_
Please use the link file to answer questions

Essay Sample Content Preview:

Financial Analysis of Nokia
Student’s Name
Institutional Affiliation
Course
Instructor
Date
Financial Analysis of Nokia
In this discussion, the most recent quarterly and annual financial statements of Nokia Corporation will be used to analyze the company’s financial position by using profitability, liquidity, leverage, efficiency, and valuation ratios.
Profitability ratios
Nokia’s return on equity ratio was 11%. This ratio measures what the shareholder investments earned out of the profitability of Nokia. Higher ratios will attract investors to Nokia and grow the company through debt financing. This ratio means the company is doing well financially. The industry average was 13.41%.
Liquidity ratios
The current ratio was 1.6. This ratio shows the ability of the company to pay ...
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