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Nike (XSGO:NKE) Debt-to-Revenue : 0.26 (As of Aug. 2024)


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What is Nike Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Nike's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $1,503 Mil. Nike's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $10,623 Mil. Nike's annualized Revenue for the quarter that ended in Aug. 2024 was $46,356 Mil. Nike's annualized Debt-to-Revenue for the quarter that ended in Aug. 2024 was 0.26.


Nike Debt-to-Revenue Historical Data

The historical data trend for Nike's Debt-to-Revenue 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 Debt-to-Revenue Chart

Nike Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.29 0.27 0.24 0.23

Nike Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Debt-to-Revenue Get a 7-Day Free Trial 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 0.24 0.23 0.24 0.24 0.26

Competitive Comparison of Nike's Debt-to-Revenue

For the Footwear & Accessories subindustry, Nike's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Debt-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Nike's Debt-to-Revenue falls into.



Nike Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Nike's Debt-to-Revenue for the fiscal year that ended in May. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1483 + 10469) / 51362
=0.23

Nike's annualized Debt-to-Revenue for the quarter that ended in Aug. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1503 + 10623) / 46356
=0.26

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Aug. 2024) Revenue data.


Nike Debt-to-Revenue Related Terms

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Nike Business Description

Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
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 (premium athletic footwear and clothing), 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.