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...
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.