Nike Inc (NKE)
Debt-to-assets ratio
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 36,579,000 | 38,110,000 | 37,531,000 | 40,321,000 | 37,740,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $36,579,000K
= 0.00
The debt-to-assets ratio for Nike Inc, as presented in the provided data, remains at zero across all observed periods from May 31, 2021, through May 31, 2025. This indicates that at each of these points in time, the company's total liabilities are negligible or non-existent relative to its total assets. A debt-to-assets ratio of zero suggests that Nike's assets are financed entirely through equity or internal funds, with no reliance on debt or borrowed capital. Over the specified period, this stability at zero implies a consistent financial structure with no increased leverage or debt accumulation, reflecting conservative financing strategies or a lack of short-term or long-term obligations within that timeframe. It is important to note that such a ratio is uncommon for large, publicly traded corporations, which typically utilize some degree of debt for operational or growth purposes, and may warrant further investigation to confirm the accuracy or context of these figures.
Peer comparison
May 31, 2025