What Is Nikes Debt Ratio

1 Nike’s capital structure has high equity capital relative to debt, with a debt-to-equity ratio of 0.66, though this figure rose sharply in 2020 due to store closures.

What is Nike's debt ratio 2021?

NIKE Debt/Equity Ratio Historical DataDateLong Term DebtShareholder’s Equity2021-05-31$24.97B$12.77B2021-02-28$24.25B$11.93B2020-11-30$24.20B$10.64B

What is a good ratio for debt ratio?

In general, many investors look for a company to have a debt ratio between 0.3 and 0.6. From a pure risk perspective, debt ratios of 0.4 or lower are considered better, while a debt ratio of 0.6 or higher makes it more difficult to borrow money.

Sophia Al-Mansoor

Sophia Al-Mansoor

Global Business & E-Commerce Reporter

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.

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