Stock Analysis on Net
Stock Analysis on Net

Nike Inc. (NYSE:NKE)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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

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May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014
Current portion of long-term debt 0.01 0.02 0.02 0.02 0.03 0.03 0.03 0.03 0.03 0.03 0.04 0.03 0.03 0.03 0.19 0.21 0.21 0.03 0.02 0.51 0.50 0.53 0.57 0.03
Notes payable 0.79 0.03 1.13 0.95 0.04 0.07 0.04 0.06 1.49 0.05 5.11 1.42 1.40 0.10 0.09 0.10 0.00 0.00 0.44 0.11 0.34 0.30 0.49 0.79
Accounts payable 7.17 8.47 9.88 10.35 11.01 10.07 11.35 10.38 10.11 8.70 8.90 8.95 8.81 8.37 8.97 9.87 10.24 8.17 8.48 9.31 9.87 8.87 10.82 10.64
Current portion of operating lease liabilities 1.42 1.61 1.62 1.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued liabilities 16.54 20.43 17.56 16.97 21.12 20.67 19.75 18.57 14.51 16.53 13.63 14.81 12.95 13.94 13.58 14.88 14.19 15.36 15.28 15.12 18.29 17.35 13.68 13.18
Income taxes payable 0.50 1.02 0.86 0.82 0.97 0.93 0.93 0.81 0.67 0.35 0.38 0.41 0.36 0.33 0.23 0.29 0.40 0.17 0.18 0.36 0.33 0.16 0.20 1.35
Current liabilities 26.43% 31.58% 31.07% 30.74% 33.17% 31.77% 32.09% 29.84% 26.80% 25.64% 28.06% 25.61% 23.53% 22.77% 23.07% 25.35% 25.04% 23.73% 24.40% 25.41% 29.32% 27.19% 25.76% 25.99%
Long-term debt, excluding current portion 30.01 13.21 13.01 13.19 14.61 15.12 15.28 15.42 15.39 15.38 14.43 14.68 14.92 15.00 15.33 9.42 9.39 9.76 9.15 5.20 5.00 5.27 5.66 6.45
Operating lease liabilities, excluding current portion 9.29 10.52 10.24 10.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred income taxes and other liabilities 8.56 10.20 10.53 10.82 14.11 14.02 14.13 14.75 14.27 15.60 8.63 8.99 8.20 7.29 7.20 7.73 8.27 7.90 7.08 7.31 6.85 7.33 7.54 7.60
Non-current liabilities 47.87% 33.92% 33.78% 34.21% 28.72% 29.14% 29.41% 30.17% 29.66% 30.98% 23.06% 23.67% 23.12% 22.28% 22.53% 17.15% 17.67% 17.66% 16.24% 12.50% 11.85% 12.59% 13.20% 14.05%
Total liabilities 74.30% 65.50% 64.85% 64.95% 61.88% 60.90% 61.51% 60.01% 56.46% 56.62% 51.12% 49.28% 46.66% 45.05% 45.60% 42.50% 42.71% 41.39% 40.64% 37.91% 41.17% 39.79% 38.96% 40.04%
Redeemable preferred stock 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02
Capital in excess of stated value 26.48 30.40 29.02 27.80 30.20 30.15 29.58 29.02 28.33 41.35 37.58 37.29 37.14 36.26 36.18 37.81 36.39 35.92 32.80 33.85 31.36 31.73 33.26 32.77
Accumulated other comprehensive income (loss) -0.18 -0.22 0.20 0.69 0.97 0.86 0.92 -0.13 -0.41 -2.77 -2.44 -2.48 -0.92 0.99 1.76 0.40 1.49 3.07 4.90 4.01 5.77 5.41 2.74 1.21
Retained earnings (deficit) -0.61 4.30 5.93 6.56 6.93 8.08 7.98 11.09 15.61 4.78 13.72 15.90 17.11 17.69 16.44 19.28 19.40 19.60 21.64 24.22 21.69 23.06 25.03 25.96
Shareholders’ equity 25.70% 34.50% 35.15% 35.05% 38.12% 39.10% 38.49% 39.99% 43.54% 43.38% 48.88% 50.72% 53.34% 54.95% 54.40% 57.50% 57.29% 58.61% 59.36% 62.09% 58.83% 60.21% 61.04% 59.96%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (filing date: 2020-07-24), 10-Q (filing date: 2020-04-07), 10-Q (filing date: 2020-01-07), 10-Q (filing date: 2019-10-04), 10-K (filing date: 2019-07-23), 10-Q (filing date: 2019-04-04), 10-Q (filing date: 2019-01-08), 10-Q (filing date: 2018-10-05), 10-K (filing date: 2018-07-25), 10-Q (filing date: 2018-04-05), 10-Q (filing date: 2018-01-05), 10-Q (filing date: 2017-10-06), 10-K (filing date: 2017-07-20), 10-Q (filing date: 2017-04-04), 10-Q (filing date: 2017-01-05), 10-Q (filing date: 2016-10-11), 10-K (filing date: 2016-07-21), 10-Q (filing date: 2016-04-05), 10-Q (filing date: 2016-01-06), 10-Q (filing date: 2015-10-06), 10-K (filing date: 2015-07-23), 10-Q (filing date: 2015-04-07), 10-Q (filing date: 2015-01-07), 10-Q (filing date: 2014-10-07).

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 Q2 2020 to Q3 2020 but then decreased significantly from Q3 2020 to Q4 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 increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
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 Q2 2020 to Q3 2020 and from Q3 2020 to Q4 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 Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.