Nike (FRA:NKE) Equity-to-Asset : 0.38 (As of Feb. 2024)

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What is Nike Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nike's Total Stockholders Equity for the quarter that ended in Feb. 2024 was €13,188 Mil. Nike's Total Assets for the quarter that ended in Feb. 2024 was €34,629 Mil. Therefore, Nike's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.38.

The historical rank and industry rank for Nike's Equity-to-Asset or its related term are showing as below:

FRA:NKE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.39 Max: 0.62
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Nike was 0.62. The lowest was 0.26. And the median was 0.39.

FRA:NKE's Equity-to-Asset is ranked worse than
69.34% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs FRA:NKE: 0.38

Nike Equity-to-Asset Historical Data

The historical data trend for Nike's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nike Equity-to-Asset Chart

Nike Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Equity-to-Asset

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0.38

0.26

0.34

0.38

0.37

Nike Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Equity-to-Asset	Get a 7-Day Free Trial															0.38	0.37	0.38	0.38	0.38

Competitive Comparison of Nike's Equity-to-Asset

For the Footwear & Accessories subindustry, Nike's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nike's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nike's Equity-to-Asset falls into.

Nike Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nike's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	12883.68	/	34528.52
	=	0.37

Nike's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	13187.502	/	34629.012
	=	0.38

Nike (FRA:NKE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Nike Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Nike's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Nike (FRA:NKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nike Inc (FRA:NKE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

NKE:USA NKE:Peru NKE:Mexico NKE_KZ:Kazakhstan 1NKE:Italy NKEd:UK 0QZ6:UK NKE:Germany NKE:Chile NKE:Canada NIKE34:Brazil NKE:Austria NKE:Argentina

Address

One Bowerman Drive, Beaverton, OR, USA, 97005-6453

Website

https://www.nike.com

Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.