NIKE Quick Ratio 2010-2024 | NKE

NIKE quick ratio for the quarter ending August 31, 2024 was 1.58.

  • NIKE average quick ratio for 2023 was 1.82, a 3.7% decline from 2022.
  • NIKE average quick ratio for 2022 was 1.89, a 13.7% decline from 2021.
  • NIKE average quick ratio for 2021 was 2.19, a 34.36% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

NIKE Quick Ratio 2010-2024 | NKE

  • NIKE average quick ratio for 2023 was 1.82, a 3.7% decline from 2022.
  • NIKE average quick ratio for 2022 was 1.89, a 13.7% decline from 2021.
  • NIKE average quick ratio for 2021 was 2.19, a 34.36% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.
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