Question
2020 2019 NIKE Inc. Profitability Ratios: Profit Margin 16.2% 14.7% 6.79 Return on Assets 19.7% 23.2% 8.10 Return on Equity 33.1% 33.5% 31.52 Asset Utilization
2020 | 2019 | NIKE Inc. | |
Profitability Ratios: |
|
|
|
Profit Margin | 16.2% | 14.7% | 6.79 |
Return on Assets | 19.7% | 23.2% | 8.10 |
Return on Equity | 33.1% | 33.5% | 31.52 |
Asset Utilization Ratios: |
|
|
|
Receivables Turnover | 98.9 | 91.9 | 13.61 |
Average Collection Period | 3.7 | 4.0 | 27 |
Inventory Turnover | 3.4 | 3.6 | 2.87 |
Capital Asset Turnover | 2.9 | 5.8 | 4.70 |
Total Asset Turnover | 1.2 | 1.6 | 1.19 |
Liquidity Ratios |
|
|
|
Current Ratio | 2.9 | 2.9 | 2.48 |
Quick Ratio | 2.1 | 2.0 | 1.59 |
Debt Utilization Ratios |
|
|
|
Debt to Total Assets | 40.5 | 30.6 | 74.30 |
Times Interest Earned | 109.3 | 77.0 | 13.66 |
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what the ratios tell us about the company in general or its financial management.
Please help asap!! need answer in detail please and thank you!
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