Question
Using the income Statement and Balance Sheet for Nike, can we determine the Liquidity Ratio, Solvency Ratio and Profitability Ratio? Income Statement: Annual Income Statement
Using the income Statement and Balance Sheet for Nike, can we determine the Liquidity Ratio, Solvency Ratio and Profitability Ratio?
Income Statement:
Annual Income Statement (values in 000's) | |||||
Period Ending: | 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | |
Total Revenue | $34,350,000 | $32,376,000 | $30,601,000 | $27,799,000 | |
Cost of Revenue | $19,038,000 | $17,405,000 | $16,534,000 | $15,353,000 | |
Gross Profit | $15,312,000 | $14,971,000 | $14,067,000 | $12,446,000 | |
Operating Expenses | |||||
Research and Development | $0 | $0 | $0 | $0 | |
Sales, General and Admin. | $10,563,000 | $10,469,000 | $9,892,000 | $8,766,000 | |
Non-Recurring Items | $0 | $0 | $0 | $0 | |
Other Operating Items | $0 | $0 | $0 | $0 | |
Operating Income | $4,749,000 | $4,502,000 | $4,175,000 | $3,680,000 | |
Add'l income/expense items | $196,000 | $140,000 | $58,000 | ($103,000) | |
Earnings Before Interest and Tax | $4,886,000 | $4,623,000 | $4,205,000 | $3,544,000 | |
Interest Expense | $0 | $0 | $0 | $0 | |
Earnings Before Tax | $4,886,000 | $4,623,000 | $4,205,000 | $3,544,000 | |
Income Tax | $646,000 | $863,000 | $932,000 | $851,000 | |
Minority Interest | $0 | $0 | $0 | $0 | |
Equity Earnings/Loss Unconsolidated Subsidiary | $0 | $0 | $0 | $0 | |
Net Income-Cont. Operations | $4,240,000 | $3,760,000 | $3,273,000 | $2,693,000 | |
Net Income | $4,240,000 | $3,760,000 | $3,273,000 | $2,693,000 | |
Net Income Applicable to Common Shareholders | $4,240,000 | $3,760,000 | $3,273,000 | $2,693,000 |
Balance Sheet:
Top of Form Annual Income Statement (values in 000's) Bottom of Form | |||||
Period Ending: | 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | |
Current Assets | |||||
Cash and Cash Equivalents | $3,808,000 | $3,138,000 | $3,852,000 | $2,220,000 | |
Short-Term Investments | $2,371,000 | $2,319,000 | $2,072,000 | $2,922,000 | |
Net Receivables | $3,677,000 | $3,241,000 | $3,358,000 | $3,789,000 | |
Inventory | $5,055,000 | $4,838,000 | $4,337,000 | $3,947,000 | |
Other Current Assets | $1,150,000 | $1,489,000 | $1,968,000 | $818,000 | |
Total Current Assets | $16,061,000 | $15,025,000 | $15,587,000 | $13,696,000 | |
Long-Term Assets | |||||
Long-Term Investments | $0 | $0 | $0 | $0 | |
Fixed Assets | $3,989,000 | $3,520,000 | $3,011,000 | $2,834,000 | |
Goodwill | $139,000 | $131,000 | $131,000 | $131,000 | |
Intangible Assets | $283,000 | $281,000 | $281,000 | $282,000 | |
Other Assets | $0 | $0 | $0 | $0 | |
Deferred Asset Charges | $2,787,000 | $2,422,000 | $2,587,000 | $1,651,000 | |
Total Assets | $23,259,000 | $21,379,000 | $21,597,000 | $18,594,000 | |
Current Liabilities | |||||
Accounts Payable | $5,143,000 | $5,313,000 | $6,151,000 | $4,853,000 | |
Short-Term Debt / Current Portion of Long-Term Debt | $331,000 | $45,000 | $181,000 | $174,000 | |
Other Current Liabilities | $0 | $0 | $0 | $0 | |
Total Current Liabilities | $5,474,000 | $5,358,000 | $6,332,000 | $5,027,000 | |
Long-Term Debt | $3,471,000 | $1,993,000 | $1,079,000 | $1,199,000 | |
Other Liabilities | $0 | $0 | $0 | $0 | |
Deferred Liability Charges | $1,907,000 | $1,770,000 | $1,479,000 | $1,544,000 | |
Misc. Stocks | $0 | $0 | $0 | $0 | |
Minority Interest | $0 | $0 | $0 | $0 | |
Total Liabilities | $10,852,000 | $9,121,000 | $8,890,000 | $7,770,000 | |
Stock Holders Equity | |||||
Common Stocks | $3,000 | $3,000 | $3,000 | $3,000 | |
Capital Surplus | $8,638,000 | $7,786,000 | $6,773,000 | $5,865,000 | |
Retained Earnings | $3,979,000 | $4,151,000 | $4,685,000 | $4,871,000 | |
Treasury Stock | $0 | $0 | $0 | $0 | |
Other Equity | ($213,000) | $318,000 | $1,246,000 | $85,000 | |
Total Equity | $12,407,000 | $12,258,000 | $12,707,000 | $10,824,000 | |
Total Liabilities & Equity | $23,259,000 | $21,379,000 | $21,597,000 | $18,594,000 Bottom of Form |
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