Nike (NKE) Short-Term Debt & Capital Lease Obligation

: $480 Mil (As of Feb. 2024)

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Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Nike's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $480 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Nike's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $11,621 Mil.

Nike Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Nike's Short-Term Debt & Capital Lease Obligation 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 Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Short-Term Debt & Capital Lease Obligation

15.00

696.00

469.00

930.00

431.00

Nike Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Short-Term Debt & Capital Lease Obligation																949.00	431.00	441.00	462.00	480.00

Nike Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. 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

Nike Short-Term Debt & Capital Lease Obligation Related Terms

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Nike (NKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nike Inc (NYSE:NKE) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NKE:Peru NKE:Mexico NKE_KZ:Kazakhstan 1NKE:Italy NKEd:UK 0QZ6:UK NKE0:Germany NKE:Germany NKE:Germany NKE:Germany 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.

Executives

Mark G Parker	officer: President	ONE BOWERMAN DR, BEAVERTON OR 97005
Robert Holmes Swan	director	C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Monique S. Matheson	officer: EVP: HR	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Johanna Nielsen	officer: VP: CORP CONTROLLER	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Matthew Friend	officer: EVP: CFO	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Craig A. Williams	officer: PRES: GEOGRAPHIES & MRKTPLACE	1680 CAPITAL ONE DR., MCLEAN VA 22102
Maria Henry	director	C/O THE HILLSHIRE BRANDS COMPANY, 3500 LACEY ROAD, DOWNERS GROVE IL 60515
Peter B. Henry	director	C/O NEW YORK UNIVERSITY/KAUFMAN MGT CNT, 44 WEST 4TH STREET, SUITE 11-160, NEW YORK CITY NY 10012
Monica Gil	director	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Andrew Campion	officer: EVP: CFO, other: EVP: CFO	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Rogers John W Jr	director	ARIEL CAPITAL MANAGEMENT, INC., 200 EAST RANDOLPH DRIVE, SUITE 2900, CHICAGO IL 60601
Ann M Miller	officer: EVP & General Counsel	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Hilary K Krane	officer: VP General Counsel	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Heidi O'neill	officer: PRES: CONSUMER AND MKTPLC	C/O SKULLCANDY, INC., 1441 WEST UTE BOULEVARD, SUITE 250, PARK CITY UT 84098
Elizabeth J Comstock	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210