NIKE’s latest twelve months effective interest rate is 2.4%. NIKE’s effective interest rate for fiscal years ending May 2018 to 2022 averaged 2.6%. NIKE’s operated at median effective interest rate of 2.4% from fiscal years ending May 2018 to 2022.
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What is Nike’s the risk free rate?
2.37000000%
It is updated daily. The current risk-free rate is 2.37000000%.
What is Nike’s current 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.
NIKE’s equity risk premium (operating country) is 4.2%.
What is Nike’s cost of equity?
8.0%
NIKE’s cost of equity is 8.0%.
Is Nike stock overvalued?
Considering the price multiples, again Nike is very overvalued since its multiples are far higher than those of its competitors in the same sector.
Is Nike a good stock to buy?
As of October 12, 2021, Nike Inc had a $237.9 billion market capitalization, compared to the Footwear median of $4889.7 billion, Nike Inc’s stock is up 9.6% in 2021, up 4.2% in the previous five trading days and up 18.5% in the past year. Currently, Nike Inc’s price-earnings ratio is 40.7.
What type of financing does NIKE use?
Debt Capital
Debt financing is generally senior to equity financing in the event of liquidation, though it is often acquired at a lower cost by firms with sufficient creditworthiness. Nike’s debt is rated AA- by Standard & Poors and A1 by Moody’s. These ratings represent high or upper-medium grade credit, respectively.
What are the weaknesses of NIKE?
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.
What was NIKE’s debt ratio in 2021?
Compare NKE With Other Stocks
| NIKE Debt/Equity Ratio Historical Data | ||
|---|---|---|
| Date | Long Term Debt | Shareholder’s Equity |
| 2021-08-31 | $23.57B | $14.34B |
| 2021-05-31 | $24.97B | $12.77B |
| 2021-02-28 | $24.25B | $11.93B |
Who is Nike’s competition?
Nike competitors include adidas, New Balance, Skechers U.S.A., Steve Madden and ASICS America.
What is the CAPM beta of Nike?
Analysis. NIKE’s beta (5 year) is 1.02.
What is Nike’s short term debt?
Liabilities & Shareholders’ Equity
| Item Item | 31-May-2021 | 31-Aug-2021 |
|---|---|---|
| Short Term Debt Short Term Debt | 469M | 477M |
| Current Portion of Long Term Debt Current Portion of Long Term Debt | – | – |
| Accounts Payable Accounts Payable | 2.84B | 2.14B |
| Accounts Payable Growth Accounts Payable Growth | – | -24.72% |
Is Nike a good stock to buy 2022?
Key Points. Nike turned out mid-single-digit total revenue and earnings growth in fiscal 2022. The company should have the flexibility to keep growing its dividend. The stock is reasonably priced for its growth prospects.
Does Nike pay a dividend?
From its 1985 to 2019 after adjusting for its stock splits, Nike paid out quarterly dividends ranging from 0.5 cents per share in 1985 to 88 cents per share in 2019. Over the past three years, Nike’s dividend has increased by an average of 15.8% per year.
Is Nike a blue chip?
Blue-chip stocks are companies that have been around for a long time, are worth a lot of money, and are financially healthy. Most blue-chips are household names like Nike and Coca-Cola.
Will Nike stock rise again?
The 28 analysts offering 12-month price forecasts for Nike Inc have a median target of 130.00, with a high estimate of 185.00 and a low estimate of 100.00. The median estimate represents a +12.88% increase from the last price of 115.17.
What is best stock to invest in today?
- Gujarat Polysol IPO.
- Hemani IPO.
- Corrtech IPO.
- Paymate IPO.
- Rustomjee IPO.
- Senco Gold IPO.
- Rainbow IPO.
- Sterlite IPO.
What is Nike highest stock price?
The all-time high NIKE stock closing price was 176.34 on November 05, 2021.
How does NIKE manage its finance?
Nike shows the ability to generate revenue at healthy rates while keeping debt to a minimum and maximizing shareholder wealth. They pay their shareholders well through a Stable Dividend Policy as well as reinvesting capital back towards the company to expand its assets.
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.