NIKE Balance Sheet Health
Financial Health criteria checks 5/6
NIKE has a total shareholder equity of $13.9B and total debt of $9.0B, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are $37.9B and $23.9B respectively. NIKE's EBIT is $6.4B making its interest coverage ratio -37.4. It has cash and short-term investments of $10.3B.
Key information
64.6%
Debt to equity ratio
US$9.01b
Debt
| Interest coverage ratio | -37.4x |
| Cash | US$10.29b |
| Equity | US$13.94b |
| Total liabilities | US$23.92b |
| Total assets | US$37.87b |
Recent financial health updates
NIKE (NYSE:NKE) Could Easily Take On More Debt
Nov 06
Here's Why NIKE (NYSE:NKE) Can Manage Its Debt Responsibly
Apr 19Recent updates
Nike: When Will This Be Investable Again? (Technical Analysis)
Dec 03NIKE's (NYSE:NKE) Dividend Will Be Increased To $0.40
Nov 19Nike: Navigating Near-Term Challenges With Potential Upside
Nov 11NIKE (NYSE:NKE) Could Easily Take On More Debt
Nov 06Nike: Just Can't Do It In China
Nov 05Nike: Still An Attractive Entry Point
Oct 15NIKE, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Oct 10Wall Street Brunch: Jobs Or Earnings?
Sep 29At US$86.52, Is It Time To Put NIKE, Inc. (NYSE:NKE) On Your Watch List?
Sep 23Nike: Negative Outlook And Still Not Undervalued Despite Price Drops
Sep 15A Look Into NIKE's (NYSE:NKE) Impressive Returns On Capital
Sep 09Nike: Don't Go Jogging With Bill Ackman
Aug 28Nike: Now Is A Big Buying Opportunity
Aug 21High-Quality Dividend Growth Stocks Near 52-Week Lows - Why Nike Stands Out
Aug 12Nike: Just Buy The Dip Potential Long-Term Growth
Aug 01The Nike Story Isn't Over Yet (Rating Upgrade)
Jul 25Nike: Oversold Value Play That Could Reward Investors In The Long Term
Jul 18Nike Faces Challenges, But Long-Term Growth Potential Remains
Jul 10Nike Suffers Its Worst One-Day Plunge After Guidance Cut, But Shares Are Not A Buy Yet
Jul 03Nike: Hedging For The Market And Upcoming Earnings
Jun 26Nike's Earnings: Two Different Ways To Value The Stock
Jun 18Nike Stock: Paris Olympics Could Be The Turning Point
May 28NIKE (NYSE:NKE) Will Be Hoping To Turn Its Returns On Capital Around
May 21NIKE, Inc. (NYSE:NKE) Investors Are Less Pessimistic Than Expected
May 03NIKE: Still Overvalued After Poor Stock Performance
Apr 30Here'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 27Financial Position Analysis
Short Term Liabilities: NKE's short term assets ($25.0B) exceed its short term liabilities ($10.6B).
Long Term Liabilities: NKE's short term assets ($25.0B) exceed its long term liabilities ($13.3B).
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 40.4% to 64.6% over the past 5 years.
Debt Coverage: NKE's debt is well covered by operating cash flow (87.6%).
Interest Coverage: NKE earns more interest than it pays, so coverage of interest payments is not a concern.