BEAVERTON, Ore., June 24, 2021 NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021. Total assets Total liabilities Income statement Balance sheet Cash flow Statistics Quarterly Total assets Total current assets Business; Accounting; Accounting questions and answers; Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix C. Use the following additional information (in millions): Accounts receivable at May 31, 2016 $3,241 Inventories at May 31, 2016 4,838 Total assets at May 31, 2016 21,379 Stockholders' equity at Nike is an American international company that is focused on athletic sportswear. View all NKE assets, cash, debt, liabilities, shareholder equity and investments. The investors' valuation analysis is an important metric that will give you a perspective on different companies.
Fourth quarter reported revenues were $12.3 billion, up 96 percent compared to prior year and increasing 21 percent compared to the fourth quarter of 2019.
Total Assets. Current liabilities: 25.63%: 26.43%: 33.17%: 26.80%: 23.53%: 25.04%: Long-term debt, excluding current portion: 24.94 % 30.01 % 14.61 % 15.39 % 14.92 % 9.39 % Operating lease liabilities, excluding current portion: 7.77 % 9.29 % 0.00 % 0.00 % 0.00 % 0.00 % Deferred income taxes and other liabilities: 7.83 % 8.56 % 14.11 % 14.27 % 8.20 % 8.27 % Does NKEs liquid assets cover its short-term commitments? By breaking down trends over time using Nike balance sheet statements, investors will see what precisely the company owns and what it owes to creditors Here, operating cycle means the time it takes to buy or produce inventory, sell the finished products and collect cash for the same. Find the latest Financials data for Nike, Inc. Common Stock (NKE) at Nasdaq.com. Nike was founded in the year. TOTAL ASSETS $ 38,577 $ 36,185. Assets are a main portion of the balance sheet of a company that measure things that provide economic value. Analyze any of the items that could possibly be Get the annual and quarterly balance sheet of adidas AG (ADDYY) including details of assets, liabilities and shareholders' equity. Second quarter reported revenues were $11.4 billion, up 1 percent compared to prior year and flat on a currency-neutral basis. 2021 2020 2019 2018 2017 5-year trend; Net Income before Extraordinaries-----
Total Assets is also linked to Revenue through Asset Turnover. 37,740,000. And the median was 8.35%. Total Liabilities Net Minority Interest. Nike Total Liabilities. 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. Get the balance sheet for Nike Inc, which summarizes the company's financial position including assets, liabilities, and more. From an accounting perspective, the balance sheet equation is Assets = Liabilities + Shareholder's Equity. Fiscal year is June-May. NIKE, Inc. (NYSE:NKE) today reported fiscal 2022 financial results for its second quarter ended November 30, 2021. Total Liabilities (Quarterly) Range, Past 5 Years. It helps you know the worth of the potential investment in Nike and how it compares across the competition. 23,717,000. The current financial position of Nike, Inc Total assets of NKE for Q3 21 is 38.58B USD, 0.87% less than the previous Q2 21. organization and it started in quartered in Beav erton, Oregon. Deferred Tax Assets Current-----Other Current Assets: 240.0: 405.0: 345.0- Other Current Liabilities: 547.0-Total Current Liabilities: Get the detailed balance sheet for NIKE, Inc. (NKE). Total current assets 26,291 20,556 28 % Property, plant and equipment, net 4,904 4,866 1 % Operating lease right-of-use assets, net 3,113 3,097 1 % Identifiable intangible assets, net 269 274 -2 % Goodwill 242 223 9 % Deferred income taxes and other assets 2,921 2,326 26 % TOTAL ASSETS $ 37,740 $ 31,342 20 % LIABILITIES AND SHAREHOLDERS Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce NIKE total current assets for the quarter ending February 28, 2022 were $26.962B, a 9.16% increase year-over-year. NIKE total current assets for 2021 were $26.291B, a 27.9% increase from 2020. Assets : Current Assets : Cash & Cash Equivalents : 9,889,000 : 8,348,000 : 4,466,000 : 4,249,000 : 3,808,000 : A Balance Sheet is a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time.
The Union government is mainly composed of the executive, the The assets which are most likely to be undervalued are those which may appreciate rather than depreciate. Current and historical assets & liabilities overview for NIKE (NKE) from 2010 to 2022.
Read full definition. From an accounting perspective, the balance sheet equation is Liabilties = Assets - Shareholder's Equity. Nike Inc. total liabilities increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022 not reaching Q1 2022 level. Nike's Total Liabilities for the quarter that ended in Feb. 2022 was $23,768 Mil. Total Assets is connected with ROA %. Get detailed quarterly and annual balance sheet data for BPA TB LG NIKE 76,44 B76,44 OP END. The lowest was -11.30%. Trend analysis of Nike Inc balance sheet accounts such as Total Assets of 27.1 B provides information on Nike's total assets, liabilities, and equity, which is the actual value of Nike Inc to its prevalent stockholders.
Nike has the ability to liquidate their inventory to pay off and also have enough cash to pay off their liabilities which is critical for the company. 5/31/2019. 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. View and export this data going back to 1990. Current Assets. For example, there was $273 million in land, and $1,250 million in building, it is possible that either of these may be undervalued as the real estate market may have increased the value since they were purchased. The Government of India Act 1833 passed by the British parliament, is the first such act of law with the epithet "Government of India".. All values USD Millions. NIKE Inc. is engaged in the business of designing, developing and marketing of athletic footwear, apparel, equipment and accessories, and services for men, women and children worldwide. 7 % LIABILITIES AND SHAREHOLDERS EQUITY Current liabilities: Current portion of long-term debt $ $ Notes payable 4 -100 % Accounts payable 2,770 2,257 23 % Current portion of operating lease liabilities 455 470 -3 % Accrued liabilities 5,391 5,907 -9 % Income taxes payable 202 256 -21 % Total current 31,342,000. Non-current liabilities At the current liabilities level of US$6.7b liabilities, the company has maintained a It evaluates Nike's worth, which you can determine by considering its current assets, liabilities and future cash flows. As of August of 2021, the company had a trailing 12-month revenue of $46.19 billion and a market cap of $275 billion.
(a) Horizontal analysis Assets 2022 ($) 2021 ($) Increase (Decrease) ($) Percentage Change from 2021 calculation Current assets 9800 8720 1080 12.39 1080/8720*100 Property, Plant and Equipment (P View the full answer 5/31/2021. And total liabilities decreased by 0.94% in Q3 21 to 23.77B USD.
Nike Inc. Cl B Annual balance sheet by MarketWatch. Get the detailed quarterly/annual income statement for NIKE, Inc. (NKE). Total noncurrent assets: 11,740: 11,449: 10,786: 7,192: 7,402: 7,198: 6,371: TOTAL ASSETS: 38,917: 37,740: 31,342: 23,717: 22,536: 23,259: 21,396: LIABILITIES AND Trend analysis of Nike Inc balance sheet accounts such as Total Assets of 27.1 B provides information on Nike's total assets, liabilities, and equity, which is the actual value of Nike Inc to its prevalent stockholders.
Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. adjustment on the consolidated balance sheet is estimated to be an increase in current assets of $118.5 million, an increase in noncurrent assets of $87.0 million, an increase in current liabilities of $151.6 million, and an The Company expects to adopt SFAS No. Find out the revenue, expenses and profit or loss over the last fiscal year. A few examples of assets of a company include cash, inventories, and accounts receivable. 40,321,000. 1 Nike's capital structure has NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,680 $8,760 Property, plant, and equipment (net) 2,040 1,830 Other assets 1,490 1,640 Total assets $13,210 $12,230 Liabilities and Stockholders Equity Current Liabilities $3,267 $3,310 Long 142, ""Goodwill and Other Intangible Assets'' on June 1, 2002 (FAS 142). Nike Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nike and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nike currently owns. Other Current Assets, Total----Total Assets-38577: 38917: Nike Inc. current liabilities increased from 2019 to 2020 and from 2020 to 2021. * NIKE Direct sales were $4.7 billion, up 9 percent on a reported basis and up 8 percent on a currency-neutral basis. Nike's annualized ROA % for the quarter that ended in Feb. 2022 was 14.41%. For example, an increase in Nike's assets may result in an increase in income on the income statement. Nike reported $26.96B in Current Assets for its fourth fiscal quarter of 2021. 5/31/2020. NIKE Start your Free Trial Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. their current liabilities 2.72 times, meaning their assets are greater than their liabilities. Against those assets, Nike's liabilities are fairly modest. Current liabilities are the obligations of a business due within one operating cycle or a year (whichever is greater). In depth view into Nike Total Liabilities (Quarterly) including historical data from 1980, charts and stats. Now, there are certain capital intensive industries having an operating cycle of more than a year. Basic structure. current debt, and capital lease obligations. Debt amounts to about $2 billion, nearly all of which is in the form of long-term View P1DVC7 assets, liabilities, investments, debt, and more. ASSETS Current assets: Cash and equivalents $ 8,574 $ 9,889 -13 % Short-term investments 4,423 3,587 23 % Accounts receivable, net 4,667 4,463 5 % Inventories 8,420 6,854 23 % Prepaid expenses and other current assets 2,129 1,498 42 % Total current assets 28,213 26,291 7 % Property, plant and equipment, net 4,791 4,904 -2 % Nike Inc. current assets increased from 2019 to 2020 and from 2020 to 2021. NIKE total liabilities for the quarter ending November 30, 2021 were $23.993B, a 0.84% decline year-over-year. NIKE total liabilities for 2021 were $24.973B, a 7.24% increase from 2020. Hypothetical balance sheets of Nike, Inc. are presented here. During the past 13 years, Nike's highest 3-Year average Total Assets Growth Rate was 38.40%. Understanding current and past Nike Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. The government of India, also known as the Union of India (According to Article 300 of the Indian constitution), is modelled after the Westminster system.
Nike Inc. current assets increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022. Nike Total Current Liabilities : $8,818 Mil (As of Feb. 2022) View and export this data going back to 1990. All of Nike's financial statements are interrelated, with each one affecting the others. NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for its second quarter ended November 30, 2020. Balance Sheet for Nike Inc (NKE) with Annual and Quarterly reports.
Start your Free Trial. Read full definition. Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale.