Financial Analysis of Nokia - Research Paper Example

Only on StudentShare

Extract of sample
Financial Analysis of Nokia

The Working Capital ratios indicate how well the company is able to manage its working capital. "The asset management ratios are also known as working capital ratios or the efficiency ratios. The aim is to measure how effectively the firm is managing its assets." (NetTom, n.d.)The following are some of the working capital ratios which indicate the efficiency of the company in managing its working capital.
Liquidity ratio is defined "as a class of financial metricsthatis usedto determine a company's ability to pay off itsshort-terms debts obligations.Generally, the higher the value of the ratio, thelarger is the margin of safetythatthe company possesses to cover short-term debts." (Investopedia, 2009) The above table indicates that the company has efficiently managed its working capital during the year ending September 2009 as compared to the year 2008. Nokia is maintaining a comfortable current ratio and the current ratio of 1.5 implies that the company has sufficient current assets situation which will enable the company to meet its current liabilities without any problem. However the company has increased its long-term debts during the year 2009 with the result that there is an increase in this ratio. This implies that the company will incur additional interest costs on borrowed funds. ...Show more

Summary

Nokia is a manufacturer of mobile devices, which makes a range of devices for all major consumer segments and offers Internet services that enable people to experience music, maps, media, messaging and games. This paper presents an analysis of the financial performance of the Company for the year 2009 as compared with the year 2008…
Author : heidenreichhyma
Financial Analysis of Nokia essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Financial Analysis of Nokia"
with a personal 20% discount.
Grab the best paper

Related Essays

Marketing strategy in Nokia
Recommendations 10 3.1 Segmentation, Targeting and Positioning 10 3.2 Marketing objectives and goals (SMART) 12 3.3 Marketing Mix Strategies 13 4. Recommendations 15 5. Conclusion 16 References 17 About Nokia history. 2011. About Nokia history. [ONLINE] Available at:http://www.about-nokia.com/history/.
12 pages (3000 words) Research Paper
Financial analysis research paper
Financial analysis and planning signifies meeting organizational strategic goals and objectives on the monetary basis. It is the fiscal estimation of each and every organizational activity to be carried out. It notifies either business expedition should be performed or not by exemplifying the financial output overview.
8 pages (2000 words) Research Paper
Advertising analysis (Nokia and Apple)
As the competition for man's attention arises, advertisement of mobile phones has propagated rapidly. Hence, as a mobile phone user myself, my attention was drawn to two of the latest commercials of mobile phones, each from the above-mentioned mobile phone manufacturers.
10 pages (2500 words) Research Paper
Operations Management of Nokia
Nokia connects people to every other and the in order that matters to them by means of easy-to-use solutions for imaging, sports competition, media, and businesses. Nokia provides equipment, solutions, and services for network operators and business. Nokia is a largely held business with the program on four leading connections.
10 pages (2500 words) Research Paper
Financial Analysis
In order to analyse Can Go’s financial strengths and weaknesses, in comparison to the industry average ratio, this paper will analyse the leverage, profitability and efficiency aspects of the company.
2 pages (500 words) Research Paper
Financial analysis
company, then the financial performance and financial statements of the company would reflect such appreciation from the consumers with high profits and high volume of sales. This report presents a financial analysis of two mobile manufacturing companies; Apple and Blackberry.
19 pages (4750 words) Research Paper
Financial Report and Analysis
The company was founded in 1911, as computing tabulating company through mergers of three companies. Its head office is located in New York. Since the inception, IBM is well known for the quality of its products
6 pages (1500 words) Research Paper
Financial Statements Analysis
Financial ratios are tools that help to interpret a company’s financial planning, and its performance during the existence of the business. It allows the company to compare own activities with respect to previous years as well as among
4 pages (1000 words) Research Paper
No Topic Yet
This is the case of Nokia Corporation which was one of the leading mobile phone companies in the world. Matsuo (2013) explains that Nokia failed to develop efficient marketing strategies, mainly because it did not embark on an effort
6 pages (1500 words) Research Paper
Financial analysis project guidelines
The company’s other similarly popular coffee brands are Seattle’s_Best Coffee, Ethos, La_Boulange, Teavana and Tazo (Starbucks, 2015). Further, the company’s financial operations are divided into
6 pages (1500 words) Research Paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT