PRE MARKET Vol 9,124
| Fiscal year is June-May. All values USD Millions. | 2022 | 2019 |
|---|---|---|
| Interest Expense | 292 | 124 |
| Interest Expense Growth | 1.04% | 5.98% |
| Gross Interest Expense | 292 | 124 |
| Interest Capitalized | – | – |
In this post
What is NIKE’s interest expense?
NIKE’s latest twelve months interest expense is $299 million. NIKE’s interest expense for fiscal years ending May 2018 to 2022 averaged $200.2 million. NIKE’s operated at median interest expense of $151 million from fiscal years ending May 2018 to 2022.
What was NIKE’s revenue in 2019?
Net revenue of Nike Inc grew to $39.12 billion in 2019 (highest in its history) from $36.4 billion in 2018.
What was NIKE’s total assets in 2020?
NIKE total assets for 2020 were $31.342B, a 32.15% increase from 2019.
What is NIKE’s current financial situation?
–(BUSINESS WIRE)– NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021. Fourth quarter reported revenues were $12.3 billion, up 96 percent compared to prior year and increasing 21 percent compared to the fourth quarter of 2019.
How much money did Nike make in 2018?
$36,397
Compare NKE With Other Stocks
| NIKE Annual Revenue (Millions of US $) | |
|---|---|
| 2019 | $39,117 |
| 2018 | $36,397 |
| 2017 | $34,350 |
| 2016 | $32,376 |
Who is Nike’s biggest competitor?
Adidas
Adidas. With annual revenue of $22.12 billion, Adidas is the biggest competitor of Nike. The brand actively serves across 55 countries via more than 2500 stores worldwide. Founded in 1924 by Adolf Dassler and Rudolf Dassler, the brand is the largest sportswear manufacturer in Europe and the second-largest globally.
How much does NIKE make a year 2022?
US$46.7 billion
Nike has revealed revenue of US$46.7 billion for the 2022 financial year, up five per cent year-over-year (YoY). The US sportswear giant’s net income for fiscal 2022 was US$6 billion, a rise of six per cent YoY. Broken down, revenue for the Nike brand was US$44.4 billion, up five per cent YoY.
How much profit did NIKE make last year?
NIKE gross profit for the twelve months ending May 31, 2022 was $21.479B, a 7.6% increase year-over-year. NIKE annual gross profit for 2022 was $21.479B, a 7.6% increase from 2021.
Compare NKE With Other Stocks.
| NIKE Annual Gross Profit (Millions of US $) | |
|---|---|
| 2019 | $17,474 |
| 2018 | $15,956 |
| 2017 | $15,312 |
| 2016 | $14,971 |
How much money does NIKE make per shoe?
The actual cost breakdown totals $28.50. This means Nike makes a profit of $21.50 on a $100 sneaker. Subsequently, after taxes and administrative expenses (including research and development), true profit is approximately $4.50. These profit and cost numbers can fluctuate depending on a number of factors.
Does NIKE have debt?
According to the Nike’s most recent financial statement as reported on January 5, 2021, total debt is at $9.45 billion, with $9.41 billion in long-term debt and $41.00 million in current debt. Adjusting for $8.63 billion in cash-equivalents, the company has a net debt of $816.00 million.
What was NIKE’s return on total assets for 2021?
Compare NKE With Other Stocks
| NIKE ROA – Return on Assets Historical Data | ||
|---|---|---|
| Date | TTM Net Income | Return on Assets |
| 2021-11-30 | $6.17B | 16.37% |
| 2021-08-31 | $6.08B | 16.59% |
| 2021-05-31 | $5.73B | 16.13% |
What did NIKE do in 2020?
Nike reported an unexpected quarterly net loss and a sales decline of 38% year-over-year. Digital sales soared 75%, representing about 30% of total revenue, as shoppers flocked to Nike’s website for sneakers and workout gear. But expenses for shipping and returns also put more pressure on the company’s profits.
What are Nike’s weaknesses?
Nike’s Weaknesses – Internal Strategic Factors
- Poor Labor Conditions in Foreign Countries – In the last 20 years, Nike has been consistently targeted regarding their poor labor conditions.
- Retailers Have a Stronger Hold – Nike’s retail sector makes Nike weak due to its sensitivity against pricing.
Is Nike financially stable?
The Bottom Line. Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. But there is no risk-free stock—not even Nike.
Why has Nike been so successful?
By offering more products to more people, in more markets than any other sports company, they are able to capture a far greater market share of the market than any other company. Like most leaders in the market, Nike values the consumer and the importance of providing a quality product.
What is the salary of the CEO of Nike?
Those awards are reflected in Donahoe’s 2020 compensation, which includes $21.3 million in stock and $23.2 million in stock options. Other components of Donahoe’s 2020 compensation: $548,000 in salary, a $6.75 million discretionary cash bonus, and $1.7 million in other compensation.
Which Nike brand has the highest increase by revenue from 2017 to 2018?
NIke’s revenue grew by 6% in 2018 compared to 2017. Total revenue of Nike Inc in 2017 was $34.35 billion which grew to $36.4 billion in 2018.
Is Jordan owned by Nike?
Air Jordan is a line of basketball shoes and athletic clothing produced by American corporation Nike.
Air Jordan.
| The silhouette of Michael Jordan served as inspiration to create the “Jumpman” logo. | |
|---|---|
| Product type | Basketball Shoes, Clothing |
| Owner | Nike |
| Country | United States |
| Introduced | November 17, 1984 |
What does Nike mean in Greek?
the Greek goddess of victory
Definition of Nike
: the Greek goddess of victory.
Who is Nike owned by?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.