Quick Ratio

The quick ratio measures a company's ability to pay its short-term liabilities with its most liquid assets—excluding inventory.

NKE's current quick ratio of 1.08x means it has $1.08 in liquid assets for every $1 of short-term debt, indicating a comfortable short-term liquidity position. This is above the sector median of 0.72x, placing NKE in the 74th percentile among its peers, meaning it has better liquidity than most. The year-over-year change is not available, but the quarter-over-quarter trend shows a decline of -2.7%, from 1.11x to 1.08x. While the level remains healthy and above the peer median, the recent downward shift suggests a slight tightening in liquidity, though still not alarming. This combination of a strong level with a minor negative trend points to low immediate risk but warrants monitoring if the decline continues. The metric supports the overall NEUTRAL verdict because the healthy quick ratio is a positive, yet the recent drop introduces enough caution to avoid a bullish stance.

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