What Is Nike’S Quick Ratio For 2020?

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NIKE Quick Ratio Historical Data
Date Current Assets – Inventory Quick Ratio
2020-08-31 $15.23B 1.77
2020-05-31 $13.19B 1.59
2020-02-29 $9.94B 1.20

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What is NIKE’s quick ratio?

Nike has a quick ratio of 1.84. It generally indicates good short-term financial strength.

What was NIKE’s total assets in 2020?

NIKE total assets for 2020 were $31.342B, a 32.15% increase from 2019.

What is Adidas quick ratio?

adidas AG’s quick ratio for the quarter that ended in Jun. 2022 was 0.76. adidas AG has a quick ratio of 0.76.

What are the total liabilities for NIKE in 2021?

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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What is NIKE’s quick ratio for 2021?

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NIKE Quick Ratio Historical Data
Date Current Assets – Inventory Quick Ratio
2021-11-30 $20.67B 2.33
2021-08-31 $19.69B 2.38
2021-05-31 $19.44B 2.01

What was NIKE’s return on equity ROE for 2019?

In 2019, the return on equity of Nike inc was 42.7% compared to 17.4% in 2018.

How 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.

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What was NIKE’s total assets in 2019?

NIKE’s total assets decreased in 2018 ($22.536 billion, -3.1%) and increased in 2019 ($23.717 billion, +5.2%), 2020 ($31.342 billion, +32.1%), 2021 ($37.74 billion, +20.4%) and 2022 ($40.321 billion, +6.8%).

What is NIKE’s current assets?

NIKE total current assets for 2022 were $28.213B, a 7.31% increase from 2021. NIKE total current assets for 2021 were $26.291B, a 27.9% increase from 2020. NIKE total current assets for 2020 were $20.556B, a 24.39% increase from 2019.

What is Nike’s liquidity?

Current and historical current ratio for NIKE (NKE) from 2010 to 2022. Current ratio can be defined as a liquidity ratio that measures a company’s ability to pay short-term obligations. NIKE current ratio for the three months ending May 31, 2022 was 2.63.

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What is under Armour’s current ratio?

Under Armour has a current ratio of 2.06.

What is adidas debt to equity ratio?

adidas AG’s Total Stockholders Equity for the quarter that ended in Jun. 2022 was $6,376 Mil. adidas AG’s debt to equity for the quarter that ended in Jun. 2022 was 0.96.

What is NIKE’s current largest liability?

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.
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NIKE Annual Total Current Liabilities (Millions of US $)
2022 $10,730
2021 $9,674
2020 $8,284
2019 $7,866
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What is NIKE debt to equity ratio?

1 Nike’s capital structure has high equity capital relative to debt, with a debt-to-equity ratio of 0.66, though this figure rose sharply in 2020 due to store closures. 2 The company’s enterprise value grew rapidly in the five years leading up to 2021, driven almost entirely by the appreciating value of its equity.

Does NIKE have debt?

Nike reported $9.43B in Debt for its first fiscal quarter of 2022.

Does NIKE have good liquidity?

A liquidity ratio calculated as current assets divided by current liabilities. Nike Inc. current ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.

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What is NIKE’s interest coverage ratio?

Analysis. NIKE’s latest twelve months interest coverage ratio is 22.3x. NIKE’s interest coverage ratio for fiscal years ending May 2018 to 2022 averaged 27.9x. NIKE’s operated at median interest coverage ratio of 24.4x from fiscal years ending May 2018 to 2022.

What is a good current ratio for a company?

A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts. A current ratio below 1 means that the company doesn’t have enough liquid assets to cover its short-term liabilities.

What is Apple’s ROE?

About Return on Equity (TTM)
Apple Inc.’s return on equity, or ROE, is 152.97% compared to the ROE of the Computer – Mini computers industry of 18.56%. While this shows that AAPL makes good use of its equity, this metric will vary significantly from industry to industry.

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What is NIKE’s fiscal year?

(NYSE:NKE) today reported financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Gross margin for the fourth quarter decreased 80 basis points to 45 percent.

What Is Nike’S Quick Ratio For 2020?