Assignment 6, BUS 5440.docx - 1 Nike Inc The Industry Giant...

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1 Nike Inc: The Industry Giant Matthew Randall Florida Institute of Technology BUS 5440: Financial Management Assignment 6 Dr. Chambliss April 26, 2021
2 Nike’s Capital Structure Now let’s take a closer look into Nike’s capital structure. When looking at capital structure one can analyze a company’s debt and equity used to finance the firms’ overall operations. Nike’s latest financial reporting indicated that total debt is at $9.66 billion (Yahoo Finance, 2020). Of the for mentioned sum $9.41 billion comprises of long-term debt and only $251 million in current debt. Nike also reported on its latest financial statements of having $31.34 billion in total assets (Yahoo Finance, 2020). If I take the total reported debt and divide it by the total assets, I can come up with the debt ratio as shown below. (Total Debt) / (Total Assets) = (Debt Ratio)

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