Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
Nike Inc. pages available for free this week:
- Income Statement
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Capital Asset Pricing Model (CAPM)
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Price to Earnings (P/E) since 2005
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 $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Nike Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 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), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31).
Over the analyzed period, the company’s total assets exhibited considerable fluctuation. Initially, total assets remained relatively stable between August 2019 and February 2020, fluctuating around the $26 billion mark. A significant increase was then observed, peaking at $31.342 billion in May 2020, followed by further growth to $37.740 billion by May 2021. Assets then plateaued and experienced a decline, reaching $36.786 billion in August 2023 before a modest recovery to $37.064 billion by February 2026. The composition of these assets, specifically current and non-current portions, reveals distinct trends.
- Current Assets
- Current assets demonstrated a substantial surge in the spring of 2020, increasing from $16.228 billion in August 2019 to $20.556 billion in May 2020. This growth continued through May 2021, reaching $26.291 billion. Subsequently, current assets experienced a period of relative stability, followed by a decline to $24.250 billion in August 2023. A slight upward trend was then observed, culminating in $25.382 billion in February 2026. Within current assets, cash and equivalents showed significant volatility, particularly the large increase in May 2020, while accounts receivable and inventories generally trended upwards over the period, albeit with some quarterly fluctuations.
- Non-Current Assets
- Non-current assets exhibited a more consistent upward trajectory, increasing from $10.021 billion in August 2019 to $13.772 billion by February 2026. The primary components of non-current assets – property, plant, and equipment, operating lease right-of-use assets, intangible assets, goodwill, and deferred income taxes – all contributed to this growth, with deferred income taxes and other assets showing the most substantial increase over the period. Goodwill experienced a notable increase between February 2021 and February 2022, before stabilizing.
- Cash and Short-Term Investments
- The company’s cash position experienced significant swings. A substantial increase occurred between February 2020 and November 2020, peaking at $8.635 billion. Cash levels then fluctuated, decreasing to $6.178 billion in August 2023 before rising again to $8.960 billion in November 2023. Short-term investments also showed volatility, with a peak in November 2020, followed by a general decline, indicating a shifting strategy in liquidity management. The combined effect of cash and short-term investments contributed significantly to the fluctuations in overall current assets.
- Inventory
- Inventory levels generally increased over the analyzed period, rising from $5.835 billion in August 2019 to $8.114 billion in August 2025, with a peak of $9.662 billion in August 2022. This suggests a potential increase in production or a build-up of stock, which could be related to supply chain dynamics or anticipated demand. A slight decrease was observed in the most recent periods.
In summary, the asset base of the company demonstrated a period of substantial growth followed by stabilization and a slight decline. The growth was largely driven by increases in both current and non-current assets, with significant fluctuations in cash and short-term investments and a consistent increase in inventory levels. The observed trends suggest a dynamic financial position influenced by both internal strategies and external economic factors.