What Is Adidas Debt?

Adidas AG long term debt for the quarter ending March 31, 2022 was $2.918B, a 2.9% increase year-over-year. Adidas AG long term debt for 2021 was $2.918B, a 2.9% increase from 2020. Adidas AG long term debt for 2020 was $2.835B, a 58.71% increase from 2019.

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What are Adidas current liabilities?

Adidas AG total current liabilities for the quarter ending March 31, 2022 were $10.606B, a 5.19% increase year-over-year. Adidas AG total current liabilities for 2021 were $10.606B, a 5.19% increase from 2020. Adidas AG total current liabilities for 2020 were $10.083B, a 2.84% increase from 2019.

What is Adidas current ratio?

It is calculated as a company’s Total Current Assets divides by its Total Current Liabilities. adidas AG’s current ratio for the quarter that ended in Jun. 2022 was 1.34. adidas AG has a current ratio of 1.34.

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What is long term debt to equity ratio?

Long term debt to equity ratio is a leverage ratio comparing the total amount of long-term debt against the shareholders’ equity of a company. The goal of this ratio is to determine how much leverage the company is taking. A higher ratio means the company is taking on more debt.

What are Adidas assets?

Adidas AG total current assets for the quarter ending March 31, 2022 were $16.497B, a 18.83% increase year-over-year. Adidas AG total current assets for 2021 were $16.497B, a 18.83% increase from 2020. Adidas AG total current assets for 2020 were $13.884B, a 13.37% increase from 2019.

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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.

How much cash does Adidas have?

Adidas AG cash on hand for 2021 was $4.529B, a 0.73% decline from 2020. Adidas AG cash on hand for 2020 was $4.562B, a 62.16% increase from 2019. Adidas AG cash on hand for 2019 was $2.813B, a 9.59% decline from 2018.

What is a good current ratio?

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.

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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.

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 a good debt?

“Good” debt is defined as money owed for things that can help build wealth or increase income over time, such as student loans, mortgages or a business loan. “Bad” debt refers to things like credit cards or other consumer debt that do little to improve your financial outcome. These are oversimplifications.

What is a good debt/equity ratio?

What is a good debt-to-equity ratio? Although it varies from industry to industry, a debt-to-equity ratio of around 2 or 2.5 is generally considered good. This ratio tells us that for every dollar invested in the company, about 66 cents come from debt, while the other 33 cents come from the company’s equity.

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What is good debt to asset ratio?

Generally speaking, a debt-to-equity or debt-to-assets ratio below 1.0 would be seen as relatively safe, whereas ratios of 2.0 or higher would be considered risky. Some industries, such as banking, are known for having much higher debt-to-equity ratios than others.

What is Adidas biggest market?

Sales shares from the key regions of North America and Greater China stood at 24 and 22 percent, respectively.
Global distribution of adidas retail net sales in 2021, by region.

Characteristic Share of net sales
Greater China 22%
Asia-Pacific 10%
Latin America 7%

Who owns Adidas now?

It is the holding company for the Adidas Group, which consists 8.33% stake of the football club Bayern München, and Runtastic, an Austrian fitness technology company.
Adidas.

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Adidas’s wordmark
Adidas’s corporate emblem, known as the three stripes
Net income €1.702 billion (2018)
Total assets €15.612 billion (2018)

What is Adidas most successful product?

In 2020, an estimated 6.56 million people used Adidas sports shoes, making them by far the brand’s most popular product. Ranked second was Adidas sports clothing at 4.96 million users.

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.

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What is Adidas capital structure?

The capital structure analysis shows that Adidas has more assets than debts; however, the elevated credit ratio puts the company in a risky state that only relies on liabilities for capital. Generally, the profitability of the company in the global market is relatively low.

What is adidas gross profit margin?

adidas’s latest twelve months gross profit margin is 49.9%. adidas’s gross profit margin for fiscal years ending December 2017 to 2021 averaged 51.0%. adidas’s operated at median gross profit margin of 50.7% from fiscal years ending December 2017 to 2021.

Is Adidas growing or declining?

After the recovery from the coronavirus pandemic in 2021, adidas expects double-digit top-line growth to continue in 2022 amid heightened uncertainty.

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How is Adidas doing financially 2022?

The company’s total revenue for the first six months of 2022 grew five per cent YoY to €10.897 billion (US$11.144 billion). Adidas has adjusted its guidance for the financial year due to the slower-than-expected recovery in Greater China.

What Is Adidas Debt?