Nike (NKE) Total Liabilities: $22,974 Mil (As of Feb. 2026)


NKE Nike Inc NKE
68 GF Score
Price $40.75
GF Value $74.89
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nike Total Liabilities?

Nike NKE -0.37% 68 Total Liabilities is $22,974 Mil as of Feb. 2026. GuruFocus rates NKE with a GF Score™ of 68/100 and a GF Value™ of $74.89 (Possible Value Trap). The stock has 4 warning signs investors should review.

Nike's Total Liabilities for the quarter that ended in Feb. 2026 was $22,974 Mil.

Nike's quarterly Total Liabilities declined from Aug. 2025 ($23,866.00 Mil) to Nov. 2025 ($23,702.00 Mil) and declined from Nov. 2025 ($23,702.00 Mil) to Feb. 2026 ($22,974.00 Mil).

Nike's annual Total Liabilities increased from May. 2023 ($23,527.00 Mil) to May. 2024 ($23,680.00 Mil) but then declined from May. 2024 ($23,680.00 Mil) to May. 2025 ($23,366.00 Mil).

Nike Total Liabilities Historical Data

* Premium members only.

The historical data trend for Nike's Total Liabilities 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.

Nike Total Liabilities Chart

Nike Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,973.00 25,040.00 23,527.00 23,680.00 23,366.00

Nike Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total Liabilities 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 23,786.00 23,366.00 23,866.00 23,702.00 22,974.00
NKE
68GF Score
Nike Inc NKE
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Nike Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Nike's Total Liabilities for the fiscal year that ended in May. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=10566+(10511+2289
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=23,366

Total Liabilities=Total Assets (A: May. 2025 )-Total Equity (A: May. 2025 )
=36579-13213
=23,366

Nike's Total Liabilities for the quarter that ended in Feb. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=10838+(9686+2450
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=22,974

Total Liabilities=Total Assets (Q: Feb. 2026 )-Total Equity (Q: Feb. 2026 )
=37064-14090
=22,974

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $22,974 Mil mean?
Nike (NKE) has a Total Liabilities of $22,974 Mil as of Feb. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Nike and its competitors.
Is Nike's Total Liabilities too high?
Nike's current Total Liabilities is $22,974 Mil. Overall, Nike has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nike's Total Liabilities compare to DECK and ONON?
Nike's Total Liabilities of $22,974 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Manufacturing - Apparel & Accessories company?
A good Total Liabilities depends on the Manufacturing - Apparel & Accessories industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Nike and its competitors. Nike's current Total Liabilities is $22,974 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (NKE) is currently considered Possible Value Trap. The stock's GF Value™ is $74.89, compared to a current price of $40.75 — trading 45.6% below its estimated fair value. The current Total Liabilities is $22,974 Mil. Nike's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Nike (NKE), the current Total Liabilities is $22,974 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nike (NKE) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of $40.75 is trading 45.6% below its estimated GF Value™ of $74.89. GuruFocus considers Nike to be Possible Value Trap.

Key valuation signals for NKE:

  • Total Liabilities: $22,974 Mil
  • GF Value™: $74.89 vs. price of $40.75 (45.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the NKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), 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.
68GF Score

Get the complete analysis for NKE

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.75
Price
$74.89
GF Value