NIKE total long-term assets for 2022 were $12.108B, a 5.76% increase from 2021. NIKE total long-term assets for 2021 were $11.449B, a 6.15% increase from 2020. NIKE total long-term assets for 2020 were $10.786B, a 49.97% increase from 2019.
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What assets do NIKE have?
NIKE total assets for the quarter ending May 31, 2022 were $38.577B, a 6.61% increase year-over-year. NIKE total assets for 2021 were $37.74B, a 20.41% increase from 2020.
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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 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.
Is NIKE a good long term investment?
Nike is a stock you’ll want to buy and hold for the long term. The shares probably won’t gain overnight. But Nike’s earnings prospects look positive. These potentially strong earnings are likely to push the stock higher over time as they did in the past.
What is a long term asset example?
Some examples of long-term assets include: Fixed assets like property, plant, and equipment, which can include land, machinery, buildings, fixtures, and vehicles. Long-term investments such as stocks and bonds or real estate, or investments made in other companies.
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 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% |
What is NIKE’s equity?
Nike is one of the world’s largest apparel and footwear suppliers, with a market cap above a quarter of a trillion dollars. In 2021, Nike’s equity capital was worth $12.8 billion, a sharp increase from previous years.
What is NIKE’s balance in receivables at year end?
NIKE annual change in accounts receivable for 2021 was $-1.606B, a 229.62% decline from 2020. NIKE annual change in accounts receivable for 2020 was $1.239B, a 558.89% decline from 2019.
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| NIKE Annual Change in Accounts Receivable (Millions of US $) | |
|---|---|
| 2020 | $1,239 |
| 2019 | $-270 |
| 2018 | $187 |
| 2017 | $-426 |
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.
Why is Nike a good investment?
The company has focused on protecting its margins which grew 190 basis points to 46.3% in the first nine months of 2022. This is largely a result of Nike increasing its revenue at a greater rate than its cost of sales.
Why is investing in Nike a good idea?
From 2011 through 2021, Nike more than doubled annual revenue while more than tripling its yearly diluted earnings per share. Nike’s focus on direct-to-consumer sales is serving investors well.
How long is a long term stock?
Long-term investments are any securities that are held for more than a year, generally. These can include stocks, bonds, real estate, mutual funds, and exchange-traded funds (ETFs).
What are long term and short term assets?
Long term assets are resources that are utilized for long lengths, for example over a year in the business to produce income. Short-term assets are utilized for not exactly a year and create income/pay inside a one-year time span.
What is not a long term asset?
Investments Held For More than One Year
Stocks and bonds your company plans to keep for more than a year fit this category too. This class of assets doesn’t include things you use in your business operations. Land you buy for a new factory is a fixed asset, for instance, but it’s not a long-term investment.
Why are long term assets important?
Long-term assets make a large percentage of the company’s overall fixed costs, which will be advantageous in the future. Data on an organizations long-term assets is important as it helps to make accurate financial reports, business valuations, and analysis of the organizations finances.
How much is NIKE’s debt?
US$9.42b
As you can see below, at the end of February 2021, NIKE had US$9.42b of debt, up from US$3.48b a year ago.
What is NIKE’s current ratio?
2.6x
NIKE’s latest twelve months current ratio is 2.6x. NIKE’s current ratio for fiscal years ending May 2018 to 2022 averaged 2.5x. NIKE’s operated at median current ratio of 2.5x from fiscal years ending May 2018 to 2022. Looking back at the last five years, NIKE’s current ratio peaked in May 2021 at 2.7x.
Does NIKE have more assets than liabilities?
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 $) | |
|---|---|
| 2020 | $23,287 |
| 2019 | $14,677 |
| 2018 | $12,724 |
| 2017 | $10,852 |
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’s total debt hit its five-year low in May 2019 of $3.853 billion. NIKE’s total debt decreased in 2019 ($3.853 billion, -0.8%), 2021 ($12.813 billion, -1.6%) and 2022 ($12.627 billion, -1.5%) and increased in 2018 ($3.885 billion, +2.2%) and 2020 ($13.015 billion, +237.8%).