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GuruFocus has detected 1 Warning Sign with Nike Inc \$NKE.
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Nike Inc (NYSE:NKE)
Total Equity
\$12,323 Mil (As of Nov. 2016)

Nike Inc's total equity for the quarter that ended in Nov. 2016 was \$12,323 Mil.

Total equity is used to calculate book value per share. Nike Inc's book value per share for the quarter that ended in Nov. 2016 was \$7.44. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Nike Inc's debt to equity ratio for the quarter that ended in Nov. 2016 was 0.29.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Nike Inc's Total Equity for the fiscal year that ended in May. 2016 is calculated as

 Total Equity = Total Assets(Q: Nov. 2016 ) - Total Liabilities(Q: Nov. 2016 ) = 21396 - 9138 = 12,258

Nike Inc's Total Equity for the quarter that ended in Nov. 2016 is calculated as

 Total Equity = Total Assets(Q: Nov. 2016 ) - Total Liabilities(Q: Nov. 2016 ) = 22652 - 10329 = 12,323

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

1. Total equity is used to calculate book value per share.

Nike Inc's Book Value Per Share for the quarter that ended in Nov. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (12323 - 0) / 1656.00 = 7.44

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Nike Inc's Debt to Equity Ratio for the quarter that ended in Nov. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (64 + 3473) / 12323 = 0.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Nike Inc Annual Data

 May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 Total Equity 7,025 7,825 8,693 9,754 9,843 10,381 11,081 10,824 12,707 12,258

Nike Inc Quarterly Data

 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Total Equity 11,105 11,700 12,368 12,707 12,894 13,405 12,300 12,258 12,165 12,323
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