NIKE Balance Sheet Health
Financial Health criteria checks 5/6
NIKE has a total shareholder equity of $14.2B and total debt of $8.9B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are $37.4B and $23.1B respectively. NIKE's EBIT is $6.0B making its interest coverage ratio -44. It has cash and short-term investments of $10.6B.
Key information
62.8%
Debt to equity ratio
US$8.94b
Debt
| Interest coverage ratio | -44x |
| Cash | US$10.57b |
| Equity | US$14.23b |
| Total liabilities | US$23.13b |
| Total assets | US$37.36b |
Recent financial health updates
Here's Why NIKE (NYSE:NKE) Can Manage Its Debt Responsibly
Apr 19
We Think NIKE (NYSE:NKE) Can Stay On Top Of Its Debt
Oct 18We Think NIKE (NYSE:NKE) Can Stay On Top Of Its Debt
Jul 10Recent updates
Here's Why NIKE (NYSE:NKE) Can Manage Its Debt Responsibly
Apr 19Wall Street Lunch: A Nike-Caitlin Clark Collab?
Apr 18Nike: China Growth Engine Does Not Exist Anymore
Apr 12Nike And Its Real Value
Apr 02Nike Post Earnings: Stay With The Brand
Mar 26Nike: Risk Of Growth Stagnation Outweighs Reward
Mar 15NIKE: Facing Global Growth Pressure (Technical Analysis)
Feb 27Is NIKE, Inc. (NYSE:NKE) Worth US$103 Based On Its Intrinsic Value?
Feb 21Nike Is Running Well, But Its Valuation Is A Hurdle
Feb 10NIKE's (NYSE:NKE) Returns On Capital Not Reflecting Well On The Business
Feb 08Nike: A Buy - But With An Asterisk
Jan 27NIKE, Inc.'s (NYSE:NKE) Business Is Yet to Catch Up With Its Share Price
Jan 26Is Now An Opportune Moment To Examine NIKE, Inc. (NYSE:NKE)?
Jan 10Nike Q2: It Depends On How Much Patience You Have
Jan 10Nike: When Expectations Meet With Reality - What's Next?
Jan 02Nike Earnings Preview: Stock Still Down 28% From Its Late 2021 All-Time-High
Dec 20In The Shoe's Eye: Nike's Momentum Ahead Of Q2 Earnings
Dec 06Nike: Don't Do It Yet, Shares Near Fair Value, Mixed Chart Trends
Nov 26NIKE (NYSE:NKE) Will Pay A Larger Dividend Than Last Year At $0.37
Nov 23NIKE, Inc. (NYSE:NKE) Shares Could Be 32% Above Their Intrinsic Value Estimate
Nov 16Nike: 4 Reasons To Play Defense With This Dividend Growth Stock
Nov 03Returns On Capital At NIKE (NYSE:NKE) Paint A Concerning Picture
Nov 01What To Expect From Nike In 2024
Oct 26Nike: Just Don't Do It Yet
Oct 19We Think NIKE (NYSE:NKE) Can Stay On Top Of Its Debt
Oct 18Nike: Leading The Athletic Market With A Resilient DTC Strategy
Oct 11Q1 Performance Shows Nike Has Got Its Mojo Back
Oct 05Is It Time To Consider Buying NIKE, Inc. (NYSE:NKE)?
Oct 04High Quality Dividend Growth Near 52-Week Lows: Nike Is Still Next-Level
Sep 25Nike: Explaining The Selloff And Why It's A Buy
Sep 16Here's Why Shareholders May Want To Be Cautious With Increasing NIKE, Inc.'s (NYSE:NKE) CEO Pay Packet
Sep 06Nike: Turnaround Is Expected With A Strong Brand Equity
Sep 06Nike's Valuation Is Starting To Look Reasonable
Aug 29NIKE: Time For Investors To Take Chips Off The Table
Aug 14Still Not Comfortable With Buying Nike
Aug 07Returns On Capital At NIKE (NYSE:NKE) Paint A Concerning Picture
Jul 25Nike: Strong Tailwinds Approaching
Jul 15We Think NIKE (NYSE:NKE) Can Stay On Top Of Its Debt
Jul 10Is Nike Stock A Buy? Market Pessimism Creates An Opening
Jul 06Nike: The Earnings Recovery Checkmark Looks More Like A Soft Swoosh
Jun 26Why NIKE, Inc. (NYSE:NKE) Could Be Worth Watching
Jun 25China Sales Slowdown Jeopardizing Nike's Long-Term Guidance
Jun 13Are NIKE, Inc. (NYSE:NKE) Investors Paying Above The Intrinsic Value?
Jun 11Nike: Load Up On This Gem At $85
May 25Financial Position Analysis
Short Term Liabilities: NKE's short term assets ($24.8B) exceed its short term liabilities ($9.0B).
Long Term Liabilities: NKE's short term assets ($24.8B) exceed its long term liabilities ($14.1B).
Debt to Equity History and Analysis
Debt Level: NKE has more cash than its total debt.
Reducing Debt: NKE's debt to equity ratio has increased from 38.9% to 62.8% over the past 5 years.
Debt Coverage: NKE's debt is well covered by operating cash flow (79%).
Interest Coverage: NKE earns more interest than it pays, so coverage of interest payments is not a concern.