NKENEUTRAL

NKE Quick Ratio Analysis

1.08x

Updated 33h ago·SEC filings & market data

Key Takeaway

The quick ratio measures whether a company can cover its short-term obligations using its most liquid assets, with a value above 1.0x indicating sufficient immediate liquidity.

Sector Performance

72th percentile

NKE

1.08x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

1.11x(Jul 2026)

↓ Declining

📊

Deep Analysis

The quick ratio measures whether a company can cover its short-term obligations using its most liquid assets, with a value above 1.0x indicating sufficient immediate liquidity.

NKE currently sits at 1.08x, which is higher than the sector median of 0.72x and places it in the 74th percentile among sector peers. The trend data is limited: the year-over-year change is N/A, and the quarter-over-quarter change shows a decline of -2.7%, moving from 1.11x to 1.08x. Though the ratio is easing slightly, the elevated level relative to peers still provides a comfortable cushion for near-term liabilities. This combination of a strong liquidity position with a modest quarterly dip suggests low default risk but not a clear catalyst for outperformance. Therefore, the metric supports the overall NEUTRAL verdict by confirming financial stability without implying any urgent opportunity or threat.

Frequently Asked Questions

What does the Quick Ratio tell investors about NKE?

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.

How is the Quick Ratio calculated?

Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.

Who are NKE's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).

📚

Learn More About Quick Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

(Cash + Receivables) / Current Liabilities

Why It Matters

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.