Is Nike in debt?

NIKE long term debt for the quarter ending November 30, 2022 was $8.924B, a 5.24% decline year-over-year. NIKE long term debt for 2022 was $8.92B, a 5.24% decline from 2021. NIKE long term debt for 2021 was $9.413B, a 0.07% increase from 2020.

Is NIKE doing well financially?

Revenues for the NIKE Brand were $12.7 billion, up 18 percent on a reported basis and up 28 percent on a currency-neutral basis, with strong growth across all geographies and channels.

Is Adidas in debt?

Long term debt can be defined as the sum of all long term debt fields. Adidas AG long term debt for the quarter ending September 30, 2022 was $1.972B, a 32.26% decline year-over-year. Adidas AG long term debt for 2021 was $2.918B, a 2.9% increase from 2020.

What is NIKE's 2022 debt ratio?

The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. NIKE debt/equity for the three months ending November 30, 2022 was 0.58.

What is NIKE's debt to equity?

As of August of 2021, the company had a trailing 12-month revenue of $46.19 billion and a market cap of $275 billion. 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.

Why I Will Never Buy Nike Stock. NKE Stock Price Crashes 12%

What are NIKE's weaknesses?

What is Starbucks debt?

Long term debt can be defined as the sum of all long term debt fields. Starbucks long term debt for the quarter ending September 30, 2022 was $13.120B, a 3.65% decline year-over-year. Starbucks long term debt for 2022 was $13.12B, a 3.65% decline from 2021.

Does NIKE have a future?

Their CEO has stated that the company is committed to reaching 50% digital business by 2025. Another manifestation of the digital strategy is the SNKRS app that blends content and commerce in a major way.

Who is NIKE's biggest competitor?

Established in 1949, Adidas is a global brand and Nike's top competitor. Nike vs. Adidas rivalry cuts across different sectors from footwear, apparel, and sports equipment, and accessories.

What is NIKE debt to asset?

It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Nike's long-term debt to total assests ratio for the quarter that ended in Nov. 2022 was 0.29.

Is Amazon in any debt?

Long term debt can be defined as the sum of all long term debt fields. Amazon long term debt for the quarter ending December 31, 2022 was $67.150B, a 37.76% increase year-over-year.

What is Amazon's debt?

Definition of Total Debt

Amazon.com reported total debt of 164.3 B for the latest quarter ending September 30, 2022 on its balance sheet. The tables below summarizes Amazon.com's Total Debt and common size over the last five years: Fiscal Year.

Does Amazon use debt?

' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. We can see that Amazon.com, Inc. (NASDAQ:AMZN) does use debt in its business.

Is Nike growing or declining?

Nike hits a speed bump

In the latest fiscal quarter (the second quarter of 2023, ended Nov. 30), Nike's revenue of $13.3 billion showed a 17% year-over-year increase. On a constant-currency basis, the growth rate was 27%.

Why is Nike stock falling?

The company is currently dealing with falling revenue (down 16% year over year in the first quarter of 2023) in its top growth market, the Greater China region, as a result of pandemic-related lockdown measures that have seriously pressured demand in the world's most populated country.

Why did Nike fall?

Gross profit margins dropped significantly and missed analyst estimates as markdowns piled up. Inventory ballooned 44% year over year as the economy continues to slow. China sales missed analyst estimates. Nike cut its full fiscal year gross profit margin guidance.

Is Adidas or Nike bigger?

Nike is the biggest sportswear company in the world.

Who is number 1 Nike or Adidas?

Adidas History and Growth

Adidas is the largest sportswear manufacturer in Europe and the second-largest in the world after Nike. Formerly known as “The Dassler Brothers Shoe Factory”, the company was founded by Adolf Dassler and Rudolf Dassler in 1924.

Is Nike bigger than Apple?

iPhone Inc. is bigger than Microsoft, Coca Cola, Nike and many more.

Is it a good time to invest in Nike?

Valuation metrics show that NIKE, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of NKE, demonstrate its potential to underperform the market.

Why did Nike quit Amazon?

The goal behind the deal was to cut back on unlicensed, unauthorized sales. But by eliminating third-party sellers, Nike had also hoped to redirect sales to their own channel, which, in turn, would allow them to collect more customer data and leverage Amazon's gigantic retail scale.

Where will Nike be in 5 years?

With a five-year investment, you can expect up to +107.84% gain in value. “On average, Wall Street analysts predict that Nike's share price could reach $175.57 by 2023. The average NIKE stock price prediction forecasts a potential upside of 37.22% from the current NKE share price of $127.94.”

What is Costco's debt?

Long term debt can be defined as the sum of all long term debt fields. Costco long term debt for the quarter ending November 30, 2022 was $6.472B, a 2.92% decline year-over-year. Costco long term debt for 2022 was $6.484B, a 3.11% decline from 2021.