Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Nike Inc. (NYSE:NKE)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

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Nike Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Current portion of long-term debt 0.01 0.03 0.03 0.03 0.21 0.50
Notes payable 0.79 0.04 1.49 1.40 0.00 0.34
Accounts payable 7.17 11.01 10.11 8.81 10.24 9.87
Current portion of operating lease liabilities 1.42 0.00 0.00 0.00 0.00 0.00
Compensation and benefits, excluding taxes 3.98 5.19 3.98 3.74 4.41 4.62
Sales-related reserves 3.76 5.14 0.09 0.00 0.00 0.00
Allowance for cumulative foreign currency translation losses 1.29 0.00 0.00 0.00 0.00 0.00
Endorsement compensation 1.25 1.79 1.89 1.70 1.84 1.80
Dividends payable 1.23 1.46 1.42 1.29 1.27 1.11
Import and logistics costs 0.87 1.25 1.19 1.10 0.93 0.96
Taxes other than income taxes payable 0.64 0.99 0.99 0.84 0.74 0.81
Fair value of derivatives 0.61 0.22 0.82 0.72 0.76 0.75
Liabilities held-for-sale 0.47 0.00 0.00 0.00 0.00 0.00
Advertising and marketing 0.31 0.48 0.62 0.54 0.56 0.54
Collateral received from counterparties to hedging instruments 0.00 1.22 0.10 0.00 0.49 4.48
Other 2.13 3.39 3.41 3.00 3.21 3.23
Accrued liabilities 16.54% 21.12% 14.51% 12.95% 14.19% 18.29%
Income taxes payable 0.50 0.97 0.67 0.36 0.40 0.33
Current liabilities 26.43% 33.17% 26.80% 23.53% 25.04% 29.32%
Long-term debt, excluding current portion 30.01 14.61 15.39 14.92 9.39 5.00
Operating lease liabilities, excluding current portion 9.29 0.00 0.00 0.00 0.00 0.00
Deferred income taxes and other liabilities 8.56 14.11 14.27 8.20 8.27 6.85
Non-current liabilities 47.87% 28.72% 29.66% 23.12% 17.67% 11.85%
Total liabilities 74.30% 61.88% 56.46% 46.66% 42.71% 41.17%
Redeemable preferred stock 0.00 0.00 0.00 0.00 0.00 0.00
Common stock at stated value 0.01 0.01 0.01 0.01 0.01 0.01
Capital in excess of stated value 26.48 30.20 28.33 37.14 36.39 31.36
Accumulated other comprehensive income (loss) -0.18 0.97 -0.41 -0.92 1.49 5.77
Retained earnings (deficit) -0.61 6.93 15.61 17.11 19.40 21.69
Shareholders’ equity 25.70% 38.12% 43.54% 53.34% 57.29% 58.83%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (filing date: 2020-07-24), 10-K (filing date: 2019-07-23), 10-K (filing date: 2018-07-25), 10-K (filing date: 2017-07-20), 10-K (filing date: 2016-07-21), 10-K (filing date: 2015-07-23).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Nike Inc.’s current liabilities as a percentage of total liabilities and shareholders’ equity increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Nike Inc.’s non-current liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Nike Inc.’s total liabilities as a percentage of total liabilities and shareholders’ equity increased from 2018 to 2019 and from 2019 to 2020.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Nike Inc.’s shareholders’ equity as a percentage of total liabilities and shareholders’ equity decreased from 2018 to 2019 and from 2019 to 2020.