Current Ratio
Updated 10h ago
Sector Performance
78th percentileNKE
1.96x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.96x shows that Nike has $1.96 in current assets for every $1.00 of short-term liabilities, indicating a solid cushion to cover upcoming obligations.
Compared to its sector peers, this ratio sits well above the sector median of 1.20x, placing Nike in the 78th percentile among its industry. Trend data are limited: the year-over-year change is not available, but the quarter-over-quarter change shows a decline of 8.4% from the prior quarter’s 2.14x. While the absolute level remains strong relative to peers, the recent downward move suggests that liquidity is tightening slightly. This combination of a high current ratio paired with a decreasing trend points to a generally stable liquidity position but warrants attention if the decline persists. The metric supports the overall NEUTRAL verdict: the strong peer-relative standing offsets the recent weakening, resulting in no clear bullish or bearish signal.
Frequently Asked Questions
What does the Current Ratio tell investors about NKE?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
Who are NKE's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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1.96x
Sector Median
1.20x
Sector Avg
2.57x
How NKE's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.