Nike Inc (NKE)

Debt-to-assets ratio

Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 37,793,000 37,959,000 37,867,000 38,110,000 37,356,000 37,203,000 36,786,000 37,531,000 38,294,000 39,647,000 41,088,000 40,321,000 38,577,000 38,917,000 37,917,000 37,740,000 36,185,000 34,836,000 33,258,000 31,342,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

February 28, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $37,793,000K
= 0.00

The debt-to-assets ratio for Nike Inc. has consistently been reported as zero across all observed periods from May 2020 through February 2025. This indicates that Nike has maintained a position whereby its total liabilities are negligible or entirely absent relative to its total assets during this timeframe. The persistent zero ratio suggests that the company has relied predominantly on equity financing or internal cash reserves to fund its assets, with little to no reliance on debt obligations. Such a financial structure underscores a conservative approach to leverage, minimizing debt-related risks and interest expenses. Overall, Nike’s debt-to-assets ratio of zero reflects a conservative capital structure with limited or no leverage, and this trend appears stable over the entire period.


Peer comparison

Feb 28, 2025

Company name
Symbol
Debt-to-assets ratio
Nike Inc
NKE
0.00
Crocs Inc
CROX
0.28
Deckers Outdoor Corporation
DECK
0.00

See also:

Nike Inc Debt to Assets (Quarterly Data)