Compare NKE With Other Stocks
| NIKE Current Ratio Historical Data | ||
|---|---|---|
| Date | Current Assets | Current Ratio |
| 2019-08-31 | $16.23B | 2.01 |
| 2019-05-31 | $16.53B | 2.10 |
| 2019-02-28 | $15.80B | 2.17 |
In this post
What is the current ratio for NIKE?
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 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.
What is NIKE’s quick ratio for 2021?
Compare NKE With Other Stocks
| 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 |
How do you find the current ratio at the end of the year?
To calculate the current ratio, you’ll want to review your balance sheet and use the following formula.
- Current Ratio = Current Assets / Current Liabilities.
- $200,000 / $100,000 = 2.
- $100,000 / $200,000 = 0.5.
Is Nikes current ratio good?
Nike has a current ratio of 2.63. It generally indicates good short-term financial strength.
What are NIKE current liabilities?
NIKE total current liabilities for 2022 were $10.73B, a 10.92% increase from 2021. 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.
What was NIKE’s return on equity ROE for 2021?
Compare NKE With Other Stocks
| NIKE ROE – Return on Equity Historical Data | ||
|---|---|---|
| Date | TTM Net Income | Return on Equity |
| 2021-11-30 | $6.17B | 45.73% |
| 2021-08-31 | $6.08B | 48.98% |
| 2021-05-31 | $5.73B | 51.41% |
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.
What is NIKE’s return on assets?
NIKE’s latest twelve months return on assets is 15.5%. NIKE’s return on assets for fiscal years ending May 2018 to 2022 averaged 13.4%. NIKE’s operated at median return on assets of 15.5% from fiscal years ending May 2018 to 2022.
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.
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.
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.
What is the current ratio formula in accounting?
Current ratio is a comparison of current assets to current liabilities, calculated by dividing your current assets by your current liabilities.
What does a current ratio of 1.5 mean?
This means that the value of a company’s assets is 1.5 to 3 times the amount of its current liabilities. Note: A highly excessive current ratio typically above 3 doesn’t necessarily mean a company is a good investment.
How do you calculate ratios?
How to Calculate Ratio Using Ratio Formula?
- Find the quantities of objects.
- Write it in the form p:q = p/q.
- The sum of ‘p’ and ‘q’ would give the total quantities for the two objects.
- Simplify the ratios of the objects further, if possible.
- The simplified form of ratio is the final result.
What do you mean by current ratio?
The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.
What is the industry average for current ratio?
between 1.0 and 3.0
The average current ratio varies from industry to industry, but is typically somewhere between 1.0 and 3.0.
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.
Does NIKE list a current portion of long term debt?
NIKE long term debt for 2022 was $8.92B, a 5.24% decline from 2021. NIKE long term debt for 2021 was $9.413B, a 0.07% increase from 2020. NIKE long term debt for 2020 was $9.406B, a 171.54% increase from 2019.
Compare NKE With Other Stocks.
| NIKE Annual Long Term Debt (Millions of US $) | |
|---|---|
| 2009 | $437 |
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.
Compare NKE With Other Stocks.
| NIKE Annual Change in Accounts Receivable (Millions of US $) | |
|---|---|
| 2020 | $1,239 |
| 2019 | $-270 |
| 2018 | $187 |
| 2017 | $-426 |