Stock Analysis on Net

Nike Inc. (NYSE:NKE)

Common-Size Balance Sheet: Assets 

Nike Inc., common-size consolidated balance sheet: assets

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
Cash and equivalents 25.87 19.83 21.26 26.20 26.64 18.83
Short-term investments 4.52 8.62 10.97 9.50 1.40 0.83
Accounts receivable, net 11.62 11.01 11.57 11.83 8.77 18.01
Inventories 19.73 22.53 20.88 18.16 23.51 23.70
Prepaid expenses and other current assets 4.86 5.17 5.28 3.97 5.27 8.30
Current assets 66.60% 67.15% 69.97% 69.66% 65.59% 69.68%
Property, plant and equipment, net 13.12 13.54 11.88 12.99 15.53 20.00
Operating lease right-of-use assets, net 7.13 7.79 7.26 8.25 9.88 0.00
Identifiable intangible assets, net 0.68 0.73 0.71 0.71 0.87 1.19
Goodwill 0.63 0.75 0.70 0.64 0.71 0.65
Deferred income taxes and other assets 11.84 10.05 9.48 7.74 7.42 8.48
Non-current assets 33.40% 32.85% 30.03% 30.34% 34.41% 30.32%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Nike Inc. current assets as a percentage of total assets decreased from 2022 to 2023 and from 2023 to 2024.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Nike Inc. property, plant and equipment, net as a percentage of total assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Nike Inc. non-current assets as a percentage of total assets increased from 2022 to 2023 and from 2023 to 2024.