Question
NIKE Industry Ratios 5/31/2019 5/31/2018 5/31/2017 5/31/2016 Gross Profit Margin 44.67% 43.84% 44.58% 46.24% 38.02% Operating Profit Margin 12.20% 12.21% 13.83% 13.91% 13.08% Net Profit
NIKE Industry Ratios 5/31/2019 5/31/2018 5/31/2017 5/31/2016 Gross Profit Margin 44.67% 43.84% 44.58% 46.24% 38.02% Operating Profit Margin 12.20% 12.21% 13.83% 13.91% 13.08% Net Profit Margin 10.30% 5.31% 12.34% 11.61% 12.57% Return on Assets 16.99% 8.58% 18.23% 17.59% 23.83% Return on Equity 45.74% 19.52% 33.60% 31.49% Current Ratio 210.08% 250.56% 293.41% 280.42% 270.00% Quick Ratio 138.61% 163.46% 201.06% 190.13% 92.00% Debt to Total Assets Ratio 61.88% 56.46% 46.66% 42.66% Debt to Equity Ratio 166.61% 128.47% 85.99% 76.39% Average Collection Period 39.86 35.08 39.07 36.54 Inventory Turnover Ratio 6.96 6.92 6.80 6.69 4.3 Total Asset Turnover Ratio 1.65 1.62 1.48 1.51 Fixed Asset Turnover Ratio 8.25 8.17 8.61 9.20 Given the above information, describe Nikes performance when compared to the sports apparel industry as a whole. Which, if any, ratios would concern a financial analyst and why?
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