Nike Company Overview Financial Assessment

Slide 1 - Introduction of Nike and group members Ali, Lily, and myself jennifer

Slide 3 Income statement

Nike income statement

Operating Profit - In 2023, Nike reported $6.2 billion in operating profit, which increased to $6.54 billion in 2024

Profit - Net profit also saw growth, rising from $22.29 billion in 2023 to $22.89 billion in 2024.

Revenue - Revenue remained stable, with a slight increase from $51.2 billion to $51.4 billion year-over-year.

Slide 4 Balance Sheet

$38.11B - Assets

Include $9.86B in cash, $1.72B in short-term investments, $4.43B in receivables, $7.52B in inventory, and $1.85B in other current assets, plus $5.00B in property, $2.72B in lease assets, $259M in intangibles, $240M in goodwill, and $4.51B in other long-term assets.

$23.68B - Liabilities (+.65% from last period)

Include $10.59B in current obligations like debt, accounts payable, and taxes, plus $7.90B in long-term debt, $2.57B in lease liabilities, and $2.62B in deferred taxes and other items.

$14.43B - Equity

Consists of $3M in common stock, $13.41B in additional

paid-in capital, $53M in other income, and $965M in retained earnings, totaling $14.43B

Slide 5 - Cash Flow Statement

$7.43B Operations Nike

generated $5.70 billion in net income, along with non-cash items like $796 million in depreciation and $804 million in stock-based pay. Better inventory management also added $716 million in cash, resulting in $7.43B

$5.89B Financing (-20.93% from 2023)

Cash used in financing activities was $5.89B in 2024, down from $7.45B in 2023. This decrease was because the company bought back fewer shares, spending $4.2B compared to $5.48B in 2023. However, dividend payments went up to $2.17B, from $2.01B the year before

$894M Investment (+58.51% from 2023)

Cash from investing activities increased to $894 million in 2024, up from $564 million in 2023. This was mainly due to more money coming in from short-term investments, which totaled $1,721 million, compared to $1,481 million the year before