The company sold $500 million in 10-year debt at a yield of 2.269 percent, maturing May 1, 2023. And another $500 million in 30-year debt with a 3.641 percent yield, maturing May 1, 2043. The low cost of borrowing played a part in Nike going to the bond market at this time, spokeswoman Mary Remuzzi said.
In this post
What type of bond is Nike?
A vertical stack of three evenly spaced horizontal lines.
NIKE Inc. DL-Notes 2020(20/30)Bond.
| ISIN | US654106AK94 |
|---|---|
| Coupon | 2.850% |
| Denomination | 1000 |
| Quotation Type | |
| Payment Type | regular interest |
How much is a Nike bond?
A vertical stack of three evenly spaced horizontal lines.
NIKE Inc. DL-Notes 2020(20/27)Bond.
| ISIN | US654106AJ22 |
|---|---|
| Issuer | NIKE Inc. |
| Issue Volume | 1,000,000,000 |
| Currency | USD |
| Issue Price | 99.99 |
Is Nike highly leveraged?
NIKE’s financial leverage last quarter was 2.6x. NIKE’s financial leverage for fiscal years ending May 2018 to 2022 averaged 2.9x. NIKE’s operated at median financial leverage of 2.6x from fiscal years ending May 2018 to 2022. Looking back at the last five years, NIKE’s financial leverage peaked in May 2020 at 3.9x.
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.
Does Nike have a lot of debt?
NIKE long term debt from 2010 to 2022. Long term debt can be defined as the sum of all long term debt fields.
Compare NKE With Other Stocks.
| NIKE Annual Long Term Debt (Millions of US $) | |
|---|---|
| 2020 | $9,406 |
| 2019 | $3,464 |
| 2018 | $3,468 |
| 2017 | $3,471 |
Where can I look up bonds?
Information dealing with the purchase, redemption, replacement, forms, and valuation of Treasury savings bonds and securities is located on the TreasuryDirect.gov website which is managed by the Bureau of the Fiscal Service.
How do I look up a bond?
Use the Treasury Hunt tool
An online tool from the Treasury can help you determine if you have any lost bonds, before submitting a recovery claim. “A shortcut you can take to find missing savings bonds is to head to treasuryhunt.gov, which shows matured, uncashed savings bonds,” says Leslie H.
What brands does Nike own?
Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, Nike CR7, and subsidiaries including Jordan Brand and Converse.
What type of finance 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 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.
Is Nike undervalued?
Nike Inc secures a last-minute Real Value of $149.51 per share. The latest price of the firm is $117.04. At this time, the firm appears to be undervalued.
2022-09-02.
| Low | Estimated Value | High |
|---|---|---|
| 113.97 | 116.46 | 118.95 |
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.
What are NIKE’s 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. NIKE total assets for 2021 were $37.74B, a 20.41% increase from 2020. NIKE total assets for 2020 were $31.342B, a 32.15% increase from 2019.
Who are Nikes debtors?
Nike reported $4.67B in Trade Debtors for its first fiscal quarter of 2022.
| Trade Debtors | Date | |
|---|---|---|
| American Eagle Outfitters AEO:US | 230.47M | Mar/2022 |
| Burlington Stores BURL:US | $ 77.71M | Mar/2022 |
| Canada Goose Holdings Inc GOOS:CN | 43.8M | Mar/2022 |
| Capri Holdings Ltd CPRI:US | 451M | Mar/2022 |
What are NIKE’s long term liabilities?
NIKE total long term liabilities for 2022 were $14.31B, a 6.46% decline from 2021. NIKE total long term liabilities for 2021 were $15.299B, a 1.97% increase from 2020. NIKE total long term liabilities for 2020 were $15.003B, a 120.28% increase from 2019.
What is NIKE’s total liabilities?
Total liabilities can be defined as the total value of all possible claims against the corporation. NIKE total liabilities for the quarter ending May 31, 2022 were $23.768B, a 2% decline year-over-year. NIKE total liabilities for 2021 were $24.973B, a 7.24% increase from 2020.
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% |
How much is a $50 savings bond worth after 30 years?
The government promised to pay back its face value with interest at maturity, bringing its value to $53.08 by May 2020. A $50 bond purchased 30 years ago for $25 would be $103.68 today. Here are some more examples based on the Treasury’s calculator. These values are estimated based on past interest rates.
How much is a $50 savings bond worth from 2005?
Meanwhile, a $50 Patriot Bond purchased in June 2005 — after the new interest-rate system for Series EE bonds began — would be worth $41.20 as of November 2019.
How much is a 1000 savings bond worth?
| Total Price | Total Value | YTD Interest |
|---|---|---|
| $1,000.00 | $1,368.80 | $70.40 |