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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

  1. 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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