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Nike Inc  (NYSE:NKE) Current Portion of Long-Term Debt: $331 Mil (As of May. 2017)

Short-Term Debt is the portion of a company's debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Nike Inc's short-term debt for the quarter that ended in May. 2017 was $331 Mil.

Long-Term Debt & Capital Lease Obligation is the debt due more than 12 months in the future. Nike Inc's long-term debt for the quarter that ended in May. 2017 was $3,471 Mil.


Historical Data

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

* Premium members only.

Nike Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Current Portion of Long-Term Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 155.00 174.00 181.00 45.00 331.00

Nike Inc Quarterly Data

Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
Current Portion of Long-Term Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.00 66.00 64.00 29.00 331.00

Calculation

This is the portion of a company's debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


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