The capability of a company to survive in business is highly related with its own performance. In order to preserve company's life cycle, management team must be able to maintain, even improve its performance. A company that cannot compete to maintain its performance eventually will get kicked out from its industrial environment and will suffer from financial distress. If a company cannot escape from that condition, it will encounter a bankruptcy threat. Bankruptcy is a form of company's failure in carrying out its performance to achieve profit. Bankruptcy occurs when debt value is over its asset market value. The purpose of this research is to find out Nokia Corp financial condition in 2010-2014, whether this company has some serious problem or still in a good condition. Besides, this research would like to know which financial ratio is troublesome that can causes the company trapped in financial distress zone or even creates bankruptcy potential. The methods that used to predict company's bankruptcy in this research are Altman Method, Springate Method and Zmijewski Method. This research shows that using Altman Method, Nokia is in financial distress zone for four years, starting from 2011-2014 while Nokia is in the grey/ ignorance zone in 2010. Using Springate Method, Nokia is in a distress zone for three consecutive years starting from 2011-2013, while Nokia is in a safe zone in 2010 and 2014. In the opposite, using Zmijewski Method, Nokia is in the distress zone only in 2012, while in the other four year period, it is in a safe zone.