Ericsson & Nokia: Who’s More Leveraged?
- Nokia appears slightly less leveraged than Ericsson, which has its debt/equity ratio inline with the industry average
- While even Ericsson’s position doesn’t look too bad, compared to Nokia, it relies more on debt to finance its growth
- This is somewhat understandable given that Nokia is a cash rich company, while Ericsson’s position is in net debt mainly due to its huge pension liabilities.
Have more questions about Nokia? See the links below:
- What Is Nokia’s Revenue & Net Income Breakdown In Terms of Different Segments?
- How Has Nokia’s Revenue & Cash Profit Composition Changed In The Last Five Years?
- By How Much Have Nokia’s Revenue & EBITDA Changed In The Last Five Years?
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