Quick Ratio Analysis of Nike Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - May-23

1.81


Indecisive Quick Ratio
Period Ending - May-22
1.84

Indecisive Quick Ratio
Growth
-1.91 %
Most recent Quarter Quick Ratio
Period Ending - Feb-24

1.89


Indecisive Quick Ratio
Quick Ratio Analysis of Nike Inc
Quick Ratio of Nike Inc with value of 1.89 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Feb-24.
Quick Ratio of NKE has fallen by -1.91 % Compared to previous Financial Year.
Quick Ratio with value of 2.01 was highest in Year May-21 in last Five Years.
Quick Ratio with value of 1.39 was lowest in Year May-19 in last Five Years.
Latest Quick Ratio with value of 1.81 is Greater than Average Quick Ratio of 1.73 in last five years.
Other Quick Ratio Related Info of NKE that may interest you.
Nike Inc Overview
CodePricePrevious PricePrice ChangeSector
NKE93.3994.18 0.839 % Footwear & Accessories
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Low Stability Stock
FY - Historical Quick Ratio of Nike Inc
PeriodMay-23May-22May-21May-20May-19May-18May-17
Quick Ratio1.811.842.011.591.391.632.01
Change-1.91 %-8.19 %26.20 %14.86 %-15.20 %-18.70 %5.75 %
You are view first 7 Records. Log in to view all 38 in Premium view
FY Chart of Quick Ratio of Nike Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)