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Current Ratio 2017 2018 2019 Current Assets 16,061 15,134 16,525 Current Liabilities 5,474 6,040 7,866 Current Ratio 2.93 2.51 2.10 Quick Ratio 2017 2018 2019

  1. Current Ratio

2017

2018

2019

Current Assets

16,061

15,134

16,525

Current Liabilities

5,474

6,040

7,866

Current Ratio

2.93

2.51

2.10

  1. Quick Ratio

2017

2018

2019

Cash and equivalents+Short-term investments+ accounts receivable

9856

8743

8935

Current Liabilities

5,474

6,040

7,866

Quick Ratio

1.80

1.45

1.14

SOLVENCY Ratios

2017

2018

2019

Total Debt

3477

3474

3470

Total Assets

23,259

22,536

23,717

Total Debt Ratio

0.15

0.15

0.15

Total Equity

12,407

9,812

9,040

Debt/Equity Ratio

0.28

0.35

0.38

PROFITABILITY Ratios

2017

2018

2019

Net Sales

34,350

36,397

39,117

Net profit

4,240

1,933

4,029

Profit Margin

12.34%

5.31%

10.30%

ROE

34.2%

19.7%

44.6%

ROA

18.23%

8.58%

16.99%

For your company NIKE, use the DuPont Identity (BREAKING ROE INTO 3 PARTS---Operating Efficiency, Asset Use Efficiency and Financial Leverage) and evaluate the firms performance over the last three (3) years.

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