Nike Accounts Payable vs Property Plant And Equipment Gross Analysis
NKE Stock | USD 92.72 1.78 1.96% |
Nike financial indicator trend analysis is infinitely more than just investigating Nike Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nike Inc is a good investment. Please check the relationship between Nike Accounts Payable and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Accounts Payable vs Property Plant And Equipment Gross
Accounts Payable vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nike Inc Accounts Payable account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nike's Accounts Payable and Property Plant And Equipment Gross is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Nike Inc, assuming nothing else is changed. The correlation between historical values of Nike's Accounts Payable and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nike Inc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Accounts Payable i.e., Nike's Accounts Payable and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Nike obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nike Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Property Plant And Equipment Gross
Most indicators from Nike's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nike Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. At present, Nike's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.84, whereas Discontinued Operations is forecasted to decline to about 16.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 21.5B | 22.3B | 25.6B | 26.9B | Total Revenue | 46.7B | 51.2B | 58.9B | 61.8B |
Nike fundamental ratios Correlations
Click cells to compare fundamentals
Nike Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nike fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.3B | 37.7B | 40.3B | 37.5B | 43.2B | 45.3B | |
Short Long Term Debt Total | 13.0B | 3.4B | 12.6B | 12.1B | 14.0B | 14.7B | |
Other Current Liab | 5.0B | 6.1B | 6.2B | 6.0B | 6.9B | 7.2B | |
Total Current Liabilities | 8.3B | 9.7B | 10.7B | 9.3B | 10.6B | 11.2B | |
Total Stockholder Equity | 8.1B | 12.8B | 15.3B | 14.0B | 16.1B | 16.9B | |
Property Plant And Equipment Net | 4.9B | 4.9B | 4.8B | 8.0B | 9.2B | 9.7B | |
Net Debt | 4.7B | (6.5B) | 4.1B | 4.7B | 4.2B | 4.4B | |
Retained Earnings | (191M) | 3.2B | 3.5B | 1.4B | 1.6B | 1.5B | |
Cash | 8.3B | 9.9B | 8.6B | 7.4B | 8.6B | 9.0B | |
Non Current Assets Total | 10.8B | 11.4B | 12.1B | 12.3B | 14.2B | 14.9B | |
Non Currrent Assets Other | 3.1B | 3.1B | 2.9B | 3.8B | 4.3B | 4.6B | |
Cash And Short Term Investments | 8.8B | 13.5B | 13.0B | 10.7B | 12.3B | 12.9B | |
Net Receivables | 2.7B | 4.5B | 4.7B | 4.1B | 4.8B | 2.4B | |
Common Stock Shares Outstanding | 1.6B | 1.6B | 1.6B | 1.6B | 1.4B | 1.7B | |
Liabilities And Stockholders Equity | 31.3B | 37.7B | 40.3B | 37.5B | 43.2B | 45.3B | |
Non Current Liabilities Total | 15.0B | 15.3B | 14.3B | 14.3B | 16.4B | 17.2B | |
Inventory | 7.4B | 6.9B | 8.4B | 8.5B | 9.7B | 10.2B | |
Other Current Assets | 1.7B | 1.5B | 2.1B | 1.9B | 2.2B | 2.3B | |
Other Stockholder Equity | 8.3B | 10.0B | 11.5B | 12.4B | 14.3B | 15.0B | |
Total Liab | 23.3B | 25.0B | 25.0B | 23.5B | 27.1B | 28.4B | |
Total Current Assets | 20.6B | 26.3B | 28.2B | 25.2B | 29.0B | 30.4B | |
Short Term Debt | 696M | 469M | 930M | 431M | 495.7M | 337.8M | |
Accounts Payable | 2.2B | 2.8B | 3.4B | 2.9B | 3.3B | 3.5B | |
Good Will | 223M | 242M | 284M | 281M | 252.9M | 218M | |
Property Plant And Equipment Gross | 9.7B | 10.1B | 10.1B | 8.0B | 9.2B | 5.3B | |
Accumulated Other Comprehensive Income | (92M) | 231M | (56M) | (380M) | 265.7M | 278.9M | |
Other Liab | 3.0B | 2.7B | 3.0B | 2.6B | 3.0B | 3.2B | |
Other Assets | 2.3B | 2.9B | 3.8B | 3.8B | 4.3B | 4.6B | |
Long Term Debt | 9.4B | 9.4B | 8.9B | 8.9B | 10.3B | 10.8B | |
Property Plant Equipment | 4.9B | 8.0B | 4.8B | 8.0B | 9.2B | 9.7B | |
Accumulated Depreciation | 4.7B | 4.8B | 5.2B | 5.3B | 6.1B | 3.2B | |
Short Term Investments | 439M | 3.6B | 4.4B | 3.2B | 3.7B | 2.0B | |
Net Tangible Assets | 10.5B | 12.3B | 14.7B | 16.2B | 18.7B | 12.4B | |
Retained Earnings Total Equity | (191M) | 3.2B | 3.5B | 1.4B | 1.2B | 1.2B | |
Long Term Debt Total | 9.4B | 9.4B | 8.9B | 8.9B | 10.3B | 10.8B | |
Capital Surpluse | 8.3B | 10.0B | 11.5B | 12.4B | 14.3B | 8.0B |
Nike Investors Sentiment
The influence of Nike's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nike. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nike's public news can be used to forecast risks associated with an investment in Nike. The trend in average sentiment can be used to explain how an investor holding Nike can time the market purely based on public headlines and social activities around Nike Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nike's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nike's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nike's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nike.
Nike Implied Volatility | 36.91 |
Nike's implied volatility exposes the market's sentiment of Nike Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nike's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nike stock will not fluctuate a lot when Nike's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nike in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nike's short interest history, or implied volatility extrapolated from Nike options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Nike Stock analysis
When running Nike's price analysis, check to measure Nike's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nike is operating at the current time. Most of Nike's value examination focuses on studying past and present price action to predict the probability of Nike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nike's price. Additionally, you may evaluate how the addition of Nike to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
Is Nike's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1.42 | Earnings Share 3.4 | Revenue Per Share 33.831 | Quarterly Revenue Growth 0.003 |
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.