Paying users zone. Data is covered by hidden.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Verified by Visa MasterCard SecureCode American Express SafeKey

Microsoft Excel LibreOffice Calc

Nike Inc. (NKE)


Long-term Debt and Solvency Analysis

Difficulty: Beginner


Ratios (Summary)

Nike Inc., debt and solvency ratios

Microsoft Excel LibreOffice Calc
May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014
Debt Ratios
Debt to equity hidden hidden hidden hidden hidden hidden
Debt to capital hidden hidden hidden hidden hidden hidden
Debt to assets hidden hidden hidden hidden hidden hidden
Financial leverage hidden hidden hidden hidden hidden hidden
Coverage Ratios
Interest coverage hidden hidden hidden hidden hidden hidden
Fixed charge coverage hidden hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2014-07-25).

Ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Nike Inc.’s debt to equity ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Nike Inc.’s debt to capital ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Nike Inc.’s debt to assets ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Nike Inc.’s financial leverage ratio deteriorated from 2017 to 2018 and from 2018 to 2019.

Ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Nike Inc.’s interest coverage ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.
Fixed charge coverage ratio A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. Nike Inc.’s fixed charge coverage ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.

Debt to Equity

Nike Inc., debt to equity calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014
Selected Financial Data (USD $ in millions)
Current portion of long-term debt hidden hidden hidden hidden hidden hidden
Notes payable hidden hidden hidden hidden hidden hidden
Long-term debt, excluding current portion hidden hidden hidden hidden hidden hidden
Total debt hidden hidden hidden hidden hidden hidden
 
Shareholders’ equity hidden hidden hidden hidden hidden hidden
Ratio
Debt to equity1 hidden hidden hidden hidden hidden hidden
Benchmarks
Debt to Equity, Competitors2
Colgate-Palmolive Co. hidden hidden hidden hidden hidden hidden
Kimberly-Clark Corp. hidden hidden hidden hidden hidden hidden
Debt to Equity, Sector
Personal Goods hidden hidden hidden hidden hidden hidden
Debt to Equity, Industry
Consumer Goods hidden hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2014-07-25).

1 2019 Calculation
Debt to equity = Total debt ÷ Shareholders’ equity
= hidden ÷ hidden = hidden

2 Click competitor name to see calculations.

Ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Nike Inc.’s debt to equity ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.

Debt to Capital

Nike Inc., debt to capital calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014
Selected Financial Data (USD $ in millions)
Current portion of long-term debt hidden hidden hidden hidden hidden hidden
Notes payable hidden hidden hidden hidden hidden hidden
Long-term debt, excluding current portion hidden hidden hidden hidden hidden hidden
Total debt hidden hidden hidden hidden hidden hidden
Shareholders’ equity hidden hidden hidden hidden hidden hidden
Total capital hidden hidden hidden hidden hidden hidden
Ratio
Debt to capital1 hidden hidden hidden hidden hidden hidden
Benchmarks
Debt to Capital, Competitors2
Colgate-Palmolive Co. hidden hidden hidden hidden hidden hidden
Kimberly-Clark Corp. hidden hidden hidden hidden hidden hidden
Debt to Capital, Sector
Personal Goods hidden hidden hidden hidden hidden hidden
Debt to Capital, Industry
Consumer Goods hidden hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2014-07-25).

1 2019 Calculation
Debt to capital = Total debt ÷ Total capital
= hidden ÷ hidden = hidden

2 Click competitor name to see calculations.

Ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Nike Inc.’s debt to capital ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.

Debt to Assets

Nike Inc., debt to assets calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014
Selected Financial Data (USD $ in millions)
Current portion of long-term debt hidden hidden hidden hidden hidden hidden
Notes payable hidden hidden hidden hidden hidden hidden
Long-term debt, excluding current portion hidden hidden hidden hidden hidden hidden
Total debt hidden hidden hidden hidden hidden hidden
 
Total assets hidden hidden hidden hidden hidden hidden
Ratio
Debt to assets1 hidden hidden hidden hidden hidden hidden
Benchmarks
Debt to Assets, Competitors2
Colgate-Palmolive Co. hidden hidden hidden hidden hidden hidden
Kimberly-Clark Corp. hidden hidden hidden hidden hidden hidden
Debt to Assets, Sector
Personal Goods hidden hidden hidden hidden hidden hidden
Debt to Assets, Industry
Consumer Goods hidden hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2014-07-25).

1 2019 Calculation
Debt to assets = Total debt ÷ Total assets
= hidden ÷ hidden = hidden

2 Click competitor name to see calculations.

Ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Nike Inc.’s debt to assets ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level.

Financial Leverage

Nike Inc., financial leverage calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014
Selected Financial Data (USD $ in millions)
Total assets hidden hidden hidden hidden hidden hidden
Shareholders’ equity hidden hidden hidden hidden hidden hidden
Ratio
Financial leverage1 hidden hidden hidden hidden hidden hidden
Benchmarks
Financial Leverage, Competitors2
Colgate-Palmolive Co. hidden hidden hidden hidden hidden hidden
Kimberly-Clark Corp. hidden hidden hidden hidden hidden hidden
Financial Leverage, Sector
Personal Goods hidden hidden hidden hidden hidden hidden
Financial Leverage, Industry
Consumer Goods hidden hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2014-07-25).

1 2019 Calculation
Financial leverage = Total assets ÷ Shareholders’ equity
= hidden ÷ hidden = hidden

2 Click competitor name to see calculations.

Ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Nike Inc.’s financial leverage ratio deteriorated from 2017 to 2018 and from 2018 to 2019.

Interest Coverage

Nike Inc., interest coverage calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014
Selected Financial Data (USD $ in millions)
Net income hidden hidden hidden hidden hidden hidden
Add: Income tax expense hidden hidden hidden hidden hidden hidden
Add: Interest expense hidden hidden hidden hidden hidden hidden
Earnings before interest and tax (EBIT) hidden hidden hidden hidden hidden hidden
Ratio
Interest coverage1 hidden hidden hidden hidden hidden hidden
Benchmarks
Interest Coverage, Competitors2
Colgate-Palmolive Co. hidden hidden hidden hidden hidden hidden
Kimberly-Clark Corp. hidden hidden hidden hidden hidden hidden
Interest Coverage, Sector
Personal Goods hidden hidden hidden hidden hidden hidden
Interest Coverage, Industry
Consumer Goods hidden hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2014-07-25).

1 2019 Calculation
Interest coverage = EBIT ÷ Interest expense
= hidden ÷ hidden = hidden

2 Click competitor name to see calculations.

Ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Nike Inc.’s interest coverage ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.

Fixed Charge Coverage

Nike Inc., fixed charge coverage calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014
Selected Financial Data (USD $ in millions)
Net income hidden hidden hidden hidden hidden hidden
Add: Income tax expense hidden hidden hidden hidden hidden hidden
Add: Interest expense hidden hidden hidden hidden hidden hidden
Earnings before interest and tax (EBIT) hidden hidden hidden hidden hidden hidden
Add: Rent expense hidden hidden hidden hidden hidden hidden
Earnings before fixed charges and tax hidden hidden hidden hidden hidden hidden
 
Interest expense hidden hidden hidden hidden hidden hidden
Rent expense hidden hidden hidden hidden hidden hidden
Fixed charges hidden hidden hidden hidden hidden hidden
Ratio
Fixed charge coverage1 hidden hidden hidden hidden hidden hidden
Benchmarks
Fixed Charge Coverage, Competitors2
Colgate-Palmolive Co. hidden hidden hidden hidden hidden hidden
Kimberly-Clark Corp. hidden hidden hidden hidden hidden hidden
Fixed Charge Coverage, Sector
Personal Goods hidden hidden hidden hidden hidden hidden
Fixed Charge Coverage, Industry
Consumer Goods hidden hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2014-07-25).

1 2019 Calculation
Fixed charge coverage = Earnings before fixed charges and tax ÷ Fixed charges
= hidden ÷ hidden = hidden

2 Click competitor name to see calculations.

Ratio Description The company
Fixed charge coverage ratio A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. Nike Inc.’s fixed charge coverage ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.