NIKE Balance Sheet Health
Financial Health criteria checks 5/6
NIKE has a total shareholder equity of $14.0B and total debt of $9.0B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are $37.8B and $23.8B respectively. NIKE's EBIT is $5.0B making its interest coverage ratio -36. It has cash and short-term investments of $10.4B.
Key information
64.0%
Debt to equity ratio
US$8.96b
Debt
| Interest coverage ratio | -36x |
| Cash | US$10.39b |
| Equity | US$14.01b |
| Total liabilities | US$23.79b |
| Total assets | US$37.79b |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In NIKE, Inc. (NYSE:NKE) As Shares Slide 27%
Apr 11
Nike: It May Seem Like It, But The Drawdown Isn't Over, Tariffs Add Fuel To The Fire
Apr 03Nike: Investors Shouldn't Bet On A Rebound Anytime Soon
Mar 24Weekly Picks: 💊 Novo Nordisk’s breakout, Nike’s reinvention, and Rheinmetall's opportunity
Mar 19
Nike's Direct-to-Consumer Focus Will Drive Future Growth
Mar 18✅ Global Sports & Athleisure Boom – Increasing consumer interest in fitness, sports, and casual wear.Nike Earnings Preview: Inventory Liquidation Could Last Through May '25 Quarter
Mar 17Nike: New CEO, Same Old Problems
Mar 11When Should You Buy NIKE, Inc. (NYSE:NKE)?
Mar 07Nike: Why I'm Turning Cautiously Optimistic (Rating Upgrade)
Feb 24Nike: Turnaround Might Be Uncertain
Jan 13
Narrative update from Goran Damchevski
Jan 08Nike posted Q2 revenues of $12.4B, down 8% YoY. TTM revenues add up to $48.9B, down 5% YoY. This is in-line with my estimates for a slump in growth lasting through 2025. I expect that the pressure froNike Stock: Why Investors Should Still 'Just Do It' (Rating Upgrade)
Dec 20Shareholders Are Optimistic That NIKE (NYSE:NKE) Will Multiply In Value
Dec 16Nike: Just Buy It
Dec 11Nike: 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 10Narrative update from Goran Damchevski
Oct 08In Q1'24 Nike reported sales of $11.6B, down 10% from $12.9B YoY.
New Leadership And Innovations Set To Propel Growth Amidst Market Shifts
Oct 07 Intentional shift towards new innovations and leadership changes aims to boost brand momentum and unlock new growth avenues, positively impacting future earnings.Wall 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 28Financial Position Analysis
Short Term Liabilities: NKE's short term assets ($24.6B) exceed its short term liabilities ($11.2B).
Long Term Liabilities: NKE's short term assets ($24.6B) exceed its long term liabilities ($12.6B).
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 38.5% to 64% over the past 5 years.
Debt Coverage: NKE's debt is well covered by operating cash flow (65.3%).
Interest Coverage: NKE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/13 21:52 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NIKE, Inc. is covered by 84 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Heasman | Accountability Research Corporation |
| John Staszak | Argus Research Company |
| David Turner | Avondale Partners |