Financia Ratios (NIKE)

All amounts in Millions of US Dollars except per share

PARTICULARS FORMULA 2011 2012

Current assets 11,297.00 11,531.00

Current liabilities 3,958.00 3,865.00
Current Ratio

2.85 2.98

Current assets-inventory 8,582.00 8,181.00

Current liabilities 3,958.00 3,865.00
Quick Ratio

2.17 2.12

Accounts receivable 3,138.00 3,280.00

Sales on credit / 365 57.16 66.10
Avg. Collection period

55 50

Sales on credit
20,862.00 24,128.00
Accounts receivable 3,138.00 3,280.00
Accounts receivable turnover

6.65 7.36

Cost of goods sold

10,996.00 13,252.00

Inventory turnover Inventory 2,715.00 3,350.00

4.05 3.96

Inventory 2,715.00 3,350.00

Cost of goods sold /365
Average Age of Inventory 30.13 36.31

90.12 92.27

Inventory 2,715.00 3,350.00

Inventory to Net Working Capital Working Capital 7,339.00 7,666.00

0.37 0.44

Sales 20,862.00 24,128.00

Total Asset Turnover Total assets 14,998.00 15,465.00

 Total Asset Turnover

1.39 1.56

Sales 20,862.00 24,128.00

Fixed Asset Turnover Total Fixed assets 4,906.00 5,244.00

4.25 4.60

EBIT 2,848.00 2,986.00

Fix charges before taxes
Fixed Charge Coverage plues interest 720.00 813.00

3.96 3.67

EBIT 2,848.00 2,986.00

Basic Earning Power Total Assets 14,998.00 15,465.00

0.19 0.19

Total Liabilities 5,155.00 5,084.00

Debt Ratio Total Assets 14,998.00 15,465.00

0.34 0.33

Debt 663.00 385.00

Debt to Equity Equity 9,843.00 10,381.00

0.07 0.04

Long term Debt 276.00 228.00

Long-term Debt to Equity Equity 9,843.00 10,381.00

0.03 0.02

EBIT 2,848.00 2,986.00

Times Interest Earned INTEREST 4.00 3.00

712.00 995.33

GROSS PROFIT 9,866.00 10,876.00

Total Profit Margin

 Total Profit Margin SALES 20,862.00 24,128.00

47% 45%

Operating income 2,815.00 3,040.00

Total Profit Margin SALES 20,862.00 24,128.00

13% 13%

Net profit 2,133.00 2,223.00

Net Profit Margin SALES 20,862.00 24,128.00

10% 9%

Net profit 2,133.00 2,223.00

Return on Investment Total Assets 14,998.00 15,465.00

14% 14%

Net profit 2,133.00 2,223.00

Return on Equity total equity 9,843.00 10,381.00

22% 21%

Market price per share

43.01 55.42

Price-Earnings Earnings per share 2.24 2.42

19.20 22.90

Market price per share

43.01 55.42

Market-Value to Book-Value Book value per share 11.63 11.63

3.70 4.77

Cash flow from operating

activites - prefered 2,795.94 36.98
dividend
Cash Flow per Share
Weighted avg. no of shares
951.00 11.63

2.94 3.18
 Dividends 555.00 619.00

Dividend Payout
Earnings 2,133.00 2,223.00

0.26 0.28

Dividend per share 0.58 0.85

Dividend Yield ratio

Market price per share 43.01 55.42

1% 2%
US Dollars except per share items
2013 2014 2015

13,626.00 13,696.00 15,976.00

3,926.00 5,027.00 6,334.00

3.47 2.72 2.52

10,192.00 9,749.00 11,639.00

3,926.00 5,027.00 6,334.00

2.60 1.94 1.84

3,117.00 3,434.00 3,358.00

69.35 76.16 83.84

45 45 40

25,313.00 27,799.00 30,601.00

3,117.00 3,434.00 3,358.00

8.12 8.10 9.11

13,841.00 14,835.00 15,928.00

3,434.00 3,947.00 4,337.00

4.03 3.76 3.67

3,434.00 3,947.00 4,337.00

37.92 40.64 43.64

90.56 97.11 99.39

3,434.00 3,947.00 4,337.00

9,700.00 8,669.00 9,642.00

0.35 0.46 0.45

25,313.00 27,799.00 30,601.00

17,584.00 18,594.00 21,600.00
 1.44 1.50 1.42

25,313.00 27,799.00 30,601.00

2,452.00 2,834.00 3,011.00

10.32 9.81 10.16

3,254.00 3,680.00 4,175.00

951.00 1,150.00 1,255.00

3.42 3.20 3.33

3,254.00 3,680.00 4,175.00

17,584.00 18,594.00 21,600.00

0.19 0.20 0.19

6,428.00 7,770.00 8,893.00

17,584.00 18,594.00 21,600.00

0.37 0.42 0.41

1,331.00 1,366.00 1,153.00

11,156.00 10,824.00 12,707.00

0.12 0.13 0.09

1,210.00 1,199.00 1,079.00

11,156.00 10,824.00 12,707.00

0.11 0.11 0.08

3,254.00 3,680.00 4,175.00

- - -

- - -

11,034.00 12,446.00 14,067.00

25,313.00 27,799.00 30,601.00

44% 45% 46%

3,329.00 3,794.00 4,218.00

25,313.00 27,799.00 30,601.00

13% 14% 14%

2,485.00 2,693.00 3,273.00

25,313.00 27,799.00 30,601.00

10% 10% 11%

2,485.00 2,693.00 3,273.00

17,584.00 18,594.00 21,600.00

14% 14% 15%

2,485.00 2,693.00 3,273.00

11,156.00 10,824.00 12,707.00

22% 25% 26%

68.75 78.69 117.80

2.75 3.05 3.80

25.00 25.80 31.00

68.75 78.69 117.80

11.63 11.63 11.63

5.91 6.77 10.13

38.50 38.61 61.52

11.63 11.63 11.63

3.31 3.32 5.29

 703.00 799.00 899.00

2,485.00 2,693.00 3,273.00

0.28 0.30 0.27

- - 1.08

- - 117.80

1%