Nike’s average total tangible assets for the quarter that ended in May. 2022 was $38,877 Mil. Therefore, Nike’s annualized Return-on-Tangible-Asset for the quarter that ended in May.
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What are some of Nikes assets?
NIKE total assets for the quarter ending May 31, 2022 were $40.321B, a 6.84% increase year-over-year. NIKE total assets for 2022 were $40.321B, a 6.84% increase from 2021.
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| NIKE Annual Total Assets (Millions of US $) | |
|---|---|
| 2021 | $37,740 |
| 2020 | $31,342 |
| 2019 | $23,717 |
| 2018 | $22,536 |
What are NIKE’s intangible assets?
NIKE goodwill and intangible assets for 2022 were $0.57B, a 11.55% increase from 2021. NIKE goodwill and intangible assets for 2021 were $0.511B, a 2.82% increase from 2020. NIKE goodwill and intangible assets for 2020 were $0.497B, a 13.73% increase from 2019.
What are examples of tangible assets?
Examples of tangible assets
- Inventory. Raw materials. Goods in process. Finished products.
- Fixed assets. Equipment. Office furniture. Rolling stock. Computer equipment. Land. Building. Leasehold improvements.
What is NIKE’s most valuable asset?
brand
Nike’s most valuable asset is undoubtedly its brand. According to the latest report from Brand Finance, a leading valuation and strategy consultancy firm, the current value of Nike’s brand is estimated to be approximately $32 Billion.
What was NIKE’s return on total assets for 2021?
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| 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 is NIKE’s largest liability?
NIKE total liabilities for 2021 were $24.973B, a 7.24% increase from 2020. NIKE total liabilities for 2020 were $23.287B, a 58.66% increase from 2019.
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| NIKE Annual Total Liabilities (Millions of US $) | |
|---|---|
| 2022 | $25,040 |
| 2021 | $24,973 |
| 2020 | $23,287 |
| 2019 | $14,677 |
Does NIKE have goodwill?
NIKE’s goodwill hit its five-year low in May 2018 of $154 million. NIKE’s goodwill increased in 2018 ($154 million, +10.8%), 2020 ($223 million, +44.8%), 2021 ($242 million, +8.5%) and 2022 ($284 million, +17.4%) and was flat in 2019 ($154 million).
Does NIKE include the full value of its brand name as an intangible asset on its balance sheet?
U.S. GAAP require firms to expense in the year incurred any expenditures (i.e. advertising, promotion, and quality control) to develop intangibles (i.e. patents, trademarks, and goodwill). Thus, expenditures made to develop the Nike name or its trademarks will not appear on the balance sheet as assets.
Are intangibles assets?
An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, and inventory.
What are the 5 tangible assets?
Tangible Assets
- Land.
- Vehicles.
- Equipment.
- Machinery.
- Furniture.
- Inventory.
- Securities like stocks, bonds, and cash.
What are tangible assets and intangible assets?
Intangible assets
Tangible assets. Definition. An intangible asset does not have a physical existence but it possesses a monetary value. It occupies an important position in the company’s balance sheet, and can shore up its overall valuations in the long term. A tangible asset has a finite value and a physical
What are the tangible products?
Tangible products are designed and manufactured from physical materials that can be organic or inorganic. Examples of common tangible products include computers, desks, cars and mobile phones.
Is Nike tangible?
Nike’s average total tangible assets for the quarter that ended in May. 2022 was $38,877 Mil. Therefore, Nike’s annualized Return-on-Tangible-Asset for the quarter that ended in May. 2022 was 14.81%.
What makes Nike valuable?
Among these strategies, athlete endorsements could be considered as the most significant success of Nike brand. Perceived quality: In addition, one of the most important sources of Nike brand equity is the high perceived quality of the brand not only among athletes but also between the public.
Why Nike is the most valuable brand?
Brand Finance Ranking Report: Nike Retains Top Spot As Most Valuable Brand. As a result of increased consumer demand for sportswear due to the pandemic, brands in the sector achieved significant value growth over the last year, according to the just-released Brand Finance Apparel 50 Report.
What is NIKE’s return on assets?
NIKE’s latest twelve months return on assets is 15.5%. NIKE’s return on assets for fiscal years ending May 2018 to 2022 averaged 13.4%. NIKE’s operated at median return on assets of 15.5% from fiscal years ending May 2018 to 2022.
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 are NIKE current liabilities?
NIKE total current liabilities for 2022 were $10.73B, a 10.92% increase from 2021. NIKE total current liabilities for 2021 were $9.674B, a 16.78% increase from 2020. NIKE total current liabilities for 2020 were $8.284B, a 5.31% increase from 2019.
How much does NIKE have in cash?
NIKE cash on hand for 2022 was $12.997B, a 3.55% decline from 2021. NIKE cash on hand for 2021 was $13.476B, a 53.36% increase from 2020. NIKE cash on hand for 2020 was $8.787B, a 88.44% increase from 2019.
Where does NIKE’s cash come from?
Most of Nike’s sales are generated by selling footwear to wholesale customers in North America.