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write a short analysis for this please Debt to assets ratio: Total liabilities/ total assets Debt to assets ratio for Nike in 2020: (31342-8055)/31342=0.743 Debt

image text in transcribedwrite a short analysis for this please

Debt to assets ratio: Total liabilities/ total assets Debt to assets ratio for Nike in 2020: (31342-8055)/31342=0.743 Debt to assets ratio for Nike in 2021: (37,740-12,767)/37,740=0.662 Debt to assets ratio for Adidas in 2020: (21053-6691)/21053= 0.682 Debt to assets ratio for Adidas in 2021: (21877-7358)/21877=0.664

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