Nike Inc (NKE)
Debt-to-assets ratio
May 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 36,579,000 | 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 |
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 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $36,579,000K
= 0.00
The data indicates that Nike Inc.'s debt-to-assets ratio has consistently been reported as 0.00 across all the specified reporting periods, from August 31, 2020, through to May 31, 2025. This uniformity signifies that the company did not record any total debt relative to its total assets during these periods. Such a consistently zero ratio suggests that Nike maintained a debt-free or near-debt-free capital structure throughout this timeframe. This could infer a reliance on internally generated funds and equity financing rather than external debt to finance its operations and growth initiatives. The absence of debt enhances the company's financial stability and reduces leverage-related risks, potentially providing a favorable impression to investors and creditors regarding its conservative financial management and strong liquidity position.
Peer comparison
May 31, 2025