What is the cash flow for NIKE?

NIKE annual cash flow from operating activities for 2021 was $6.657B, a 167.89% increase from 2020. NIKE annual cash flow from operating activities for 2020 was $2.485B, a 57.9% decline from 2019. NIKE annual cash flow from operating activities for 2019 was $5.903B, a 19.13% increase from 2018.

What is NIKE’s quick ratio?

Nike has a quick ratio of 2.18. It generally indicates good short-term financial strength.

What is the tax rate for NIKE?

Analysis. NIKE’s latest twelve months effective tax rate is 14.2%. NIKE’s effective tax rate for fiscal years ending May 2017 to 2021 averaged 22.1%. NIKE’s operated at median effective tax rate of 14.0% from fiscal years ending May 2017 to 2021.

What is NIKE debt to equity ratio?

28, 2022.

What is NIKE’s biggest expense?

One of Nike’s biggest expenses is the promotion and strengthening of its brand. In fiscal 2018, Nike spent $3.6 billion on “demand creation,” which consists of advertising and promotion costs, including endorsement contracts, television, digital, and print advertising.

Who makes NIKE the most money?

Global revenue share of Nike in 2021, by product type In 2021, footwear accounted for 66 percent of Nike’s total revenues. That year, Nike had global footwear sales of 28.02 billion U.S. dollars.

What is NIKE’s quick ratio for 2021?

Compare NKE With Other Stocks

NIKE Quick Ratio Historical Data
Date Current Assets – Inventory Quick Ratio
2021-11-30 $20.67B 2.33
2021-08-31 $19.69B 2.38
2021-05-31 $19.44B 2.01

What is NIKE liquidity ratio?

Current ratio can be defined as a liquidity ratio that measures a company’s ability to pay short-term obligations. NIKE current ratio for the three months ending February 28, 2022 was 3.06.

Does Nike return tax?

In 2020 alone, Nike recorded pre-tax income of $2.9 billion, yet it paid no federal income tax, the analysis found. Instead, it got a tax rebate of $109 million.

Is NIKE highly leveraged?

Understaning Nike Use of Financial Leverage So if creditors own a majority of Nike assets, the company is considered highly leveraged.

Why does NIKE have high debt-to-equity ratio?

1 Nike’s capital structure has high equity capital relative to debt, with a debt-to-equity ratio of 0.66, though this figure rose sharply in 2020 due to store closures. 2 The company’s enterprise value grew rapidly in the five years leading up to 2021, driven almost entirely by the appreciating value of its equity.