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

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)