Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Paying user area
Try for free
Nike Inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Nike Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Nike Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-K (reporting date: 2026-05-31), 10-Q (reporting date: 2026-02-28), 10-Q (reporting date: 2025-11-30), 10-Q (reporting date: 2025-08-31), 10-K (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 10-Q (reporting date: 2024-08-31), 10-K (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-Q (reporting date: 2023-08-31), 10-K (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-K (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31).
The capital structure shows a transition from a liability-heavy position toward a higher proportion of shareholders' equity over the analyzed period. Total liabilities decreased from a peak of 72.27% in August 2020 to 61.30% by May 2026, while shareholders' equity rose from 27.73% to 38.70% during the same interval.
- Debt and Long-Term Obligations
- A significant downward trend is observed in long-term debt, excluding the current portion, which fell from 28.29% in August 2020 to 15.47% in May 2026. Conversely, the current portion of long-term debt remained negligible until May 2022 and subsequently increased, reaching 5.21% by May 2026. This pattern indicates a strategic reduction in long-term leverage and a shift toward maturing debt obligations.
- Current Liability Trends
- Current liabilities have exhibited volatility but generally trended upward in the latter half of the period, moving from 21.81% in August 2021 to 32.67% in May 2026. Accounts payable contributed to this increase, rising from 5.96% at the start of the period to peak at 10.10% in May 2025. Accrued liabilities remained relatively stable, fluctuating primarily between 13% and 17%.
- Equity Composition and Retained Earnings
- The growth in shareholders' equity was driven primarily by an increase in capital in excess of stated value, which rose from 26.14% to 39.46%. However, retained earnings followed a contradictory path; after peaking at 10.25% in August 2021, this figure declined steadily and entered negative territory, reaching as low as -1.99% in May 2025. This suggests that capital injections or share issuances have offset the depletion of retained earnings.
- Other Non-Current Liabilities
- Non-current liabilities overall decreased from 46.35% to 28.63%. Operating lease liabilities, excluding the current portion, remained relatively stable throughout the period, ranging between 6.55% and 8.90%, indicating a consistent approach to long-term leasing commitments relative to the total balance sheet.
Overall, the financial profile reflects a deleveraging process regarding long-term debt and an increasing reliance on contributed capital to maintain the equity base, despite a decline in accumulated retained earnings.