Current Ratio
since 2005
Difficulty: Beginner
Calculation
Nike Inc., current ratio, long-term trends, calculation
| Current Ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| May 31, 2005 | 3.18 | = | 6,351 | ÷ | 1,999 |
| May 31, 2006 | 2.81 | = | 7,359 | ÷ | 2,623 |
| May 31, 2007 | 3.13 | = | 8,077 | ÷ | 2,584 |
| May 31, 2008 | 2.66 | = | 8,839 | ÷ | 3,322 |
| May 31, 2009 | 2.97 | = | 9,734 | ÷ | 3,277 |
| May 31, 2010 | 3.26 | = | 10,959 | ÷ | 3,364 |
| May 31, 2011 | 2.85 | = | 11,297 | ÷ | 3,958 |
| May 31, 2012 | 2.98 | = | 11,531 | ÷ | 3,865 |
| May 31, 2013 | 3.47 | = | 13,626 | ÷ | 3,926 |
| May 31, 2014 | 2.72 | = | 13,696 | ÷ | 5,027 |
| May 31, 2015 | 2.52 | = | 15,976 | ÷ | 6,334 |
| May 31, 2016 | 2.80 | = | 15,025 | ÷ | 5,358 |
| May 31, 2017 | 2.93 | = | 16,061 | ÷ | 5,474 |
| May 31, 2018 | 2.51 | = | 15,134 | ÷ | 6,040 |
Based on: 10-K (filing date: 2005-07-29), 10-K (filing date: 2006-07-28), 10-K (filing date: 2007-07-27), 10-K (filing date: 2008-07-28), 10-K (filing date: 2009-07-27), 10-K (filing date: 2010-07-20), 10-K (filing date: 2011-07-22), 10-K (filing date: 2012-07-24), 10-K (filing date: 2013-07-23), 10-K (filing date: 2014-07-25), 10-K (filing date: 2015-07-23), 10-K (filing date: 2016-07-21), 10-K (filing date: 2017-07-20), 10-K (filing date: 2018-07-25).
1 USD $ in millions
Comparison to Competitors
Nike Inc., current ratio, long-term trends, comparison to competitors
| Nike Inc. | Colgate-Palmolive Co. | Kimberly-Clark Corp. | |
|---|---|---|---|
| May 31, 2005 | 3.18 | 1.01 | 1.03 |
| May 31, 2006 | 2.81 | 0.95 | 1.05 |
| May 31, 2007 | 3.13 | 1.14 | 1.24 |
| May 31, 2008 | 2.66 | 1.26 | 1.22 |
| May 31, 2009 | 2.97 | 1.06 | 1.19 |
| May 31, 2010 | 3.26 | 1.00 | 1.19 |
| May 31, 2011 | 2.85 | 1.18 | 1.16 |
| May 31, 2012 | 2.98 | 1.22 | 1.08 |
| May 31, 2013 | 3.47 | 1.08 | 1.12 |
| May 31, 2014 | 2.72 | 1.23 | 0.89 |
| May 31, 2015 | 2.52 | 1.24 | 0.85 |
| May 31, 2016 | 2.80 | 1.31 | 0.87 |
| May 31, 2017 | 2.93 | 1.36 | 0.89 |
| May 31, 2018 | 2.51 | – | – |
Based on: 10-K (filing date: 2005-07-29), 10-K (filing date: 2006-07-28), 10-K (filing date: 2007-07-27), 10-K (filing date: 2008-07-28), 10-K (filing date: 2009-07-27), 10-K (filing date: 2010-07-20), 10-K (filing date: 2011-07-22), 10-K (filing date: 2012-07-24), 10-K (filing date: 2013-07-23), 10-K (filing date: 2014-07-25), 10-K (filing date: 2015-07-23), 10-K (filing date: 2016-07-21), 10-K (filing date: 2017-07-20), 10-K (filing date: 2018-07-25).
Comparison to Personal Goods Sector
Nike Inc., current ratio, long-term trends, comparison to Personal Goods sector
| Nike Inc. | Personal Goods | |
|---|---|---|
| May 31, 2005 | 3.18 | 1.48 |
| May 31, 2006 | 2.81 | 1.43 |
| May 31, 2007 | 3.13 | 1.67 |
| May 31, 2008 | 2.66 | 1.67 |
| May 31, 2009 | 2.97 | 1.64 |
| May 31, 2010 | 3.26 | 1.69 |
| May 31, 2011 | 2.85 | 1.68 |
| May 31, 2012 | 2.98 | 1.66 |
| May 31, 2013 | 3.47 | 1.75 |
| May 31, 2014 | 2.72 | 1.59 |
| May 31, 2015 | 2.52 | 1.59 |
| May 31, 2016 | 2.80 | 1.69 |
| May 31, 2017 | 2.93 | 1.76 |
| May 31, 2018 | 2.51 | – |
Based on: 10-K (filing date: 2005-07-29), 10-K (filing date: 2006-07-28), 10-K (filing date: 2007-07-27), 10-K (filing date: 2008-07-28), 10-K (filing date: 2009-07-27), 10-K (filing date: 2010-07-20), 10-K (filing date: 2011-07-22), 10-K (filing date: 2012-07-24), 10-K (filing date: 2013-07-23), 10-K (filing date: 2014-07-25), 10-K (filing date: 2015-07-23), 10-K (filing date: 2016-07-21), 10-K (filing date: 2017-07-20), 10-K (filing date: 2018-07-25).
Comparison to Consumer Goods Industry
Nike Inc., current ratio, long-term trends, comparison to Consumer Goods industry
| Nike Inc. | Consumer Goods | |
|---|---|---|
| May 31, 2005 | 3.18 | 0.96 |
| May 31, 2006 | 2.81 | 1.05 |
| May 31, 2007 | 3.13 | 1.00 |
| May 31, 2008 | 2.66 | 0.96 |
| May 31, 2009 | 2.97 | 1.09 |
| May 31, 2010 | 3.26 | 1.07 |
| May 31, 2011 | 2.85 | 1.09 |
| May 31, 2012 | 2.98 | 1.02 |
| May 31, 2013 | 3.47 | 1.04 |
| May 31, 2014 | 2.72 | 1.00 |
| May 31, 2015 | 2.52 | 1.16 |
| May 31, 2016 | 2.80 | 1.09 |
| May 31, 2017 | 2.93 | 1.10 |
| May 31, 2018 | 2.51 | – |
Based on: 10-K (filing date: 2005-07-29), 10-K (filing date: 2006-07-28), 10-K (filing date: 2007-07-27), 10-K (filing date: 2008-07-28), 10-K (filing date: 2009-07-27), 10-K (filing date: 2010-07-20), 10-K (filing date: 2011-07-22), 10-K (filing date: 2012-07-24), 10-K (filing date: 2013-07-23), 10-K (filing date: 2014-07-25), 10-K (filing date: 2015-07-23), 10-K (filing date: 2016-07-21), 10-K (filing date: 2017-07-20), 10-K (filing date: 2018-07-25).