Debt-to-Equity Ratio
Updated 30h ago
Sector Performance
38th percentileNKE
0.53x
Sector Median
0.73x
Sector Avg
0.08x
Deep Analysis
The debt-to-equity ratio compares a company’s total debt to its shareholders’ equity; a ratio of 0.53x means NKE has $0.53 of debt for every $1 of equity.
This is below the sector median of 0.73x, placing NKE in the 38th percentile among its sector peers — indicating a lower reliance on borrowed funds relative to peers. The year-over-year change is not available, but the quarter-over-quarter change shows a decline of -7.0%, meaning the ratio fell from 0.57x last quarter to 0.53x now. A low debt level combined with a decreasing trend suggests NKE is reducing leverage, which typically lowers financial risk and may provide more cushion during downturns. This does not contradict the overall NEUTRAL verdict, as conservative debt management is a positive attribute but not enough alone to shift the rating to bullish or bearish.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about NKE?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are NKE's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: ETSY (-2.62x), MCK (-3.00x), TDG (-3.40x), VRSK (-3.81x), MAR (-4.04x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.53x
Sector Median
0.73x
Sector Avg
0.08x
How NKE's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.