This research developed a critical financial analysis of Nike, Inc. The company, headquartered in Beaverton, Oregon, designs and markets globally footwear, apparel, and accessories for athletic and leisure apparel. The overwhelming majority of the company's products are produced in low-wage, developing economies. Net sales for the fiscal year ending 31 May 1995 totaled $4.76 billion on a total asset base of $3.14 billion and a total capitalization (equity plus long-term debt) of $1.98 billion.
During the 1986-1995 period, Nike, Inc. was financially one of the most successful of all American corporations. The results of the critical financial analysis performed project even greater financial success by Nike, Inc. during the 1996-2005 period.
This research develops a critical financial analysis of Nike, Inc. The company, headquartered in Beaverton, Oregon, designs and markets globally footwear, apparel, and accessories for athletic and leisure apparel (Ferguson, 1996a, p. 1671). The overwhelming majority of the company's products are produced in low-wage, developing economies. Net sales for the fiscal year ending 31 May 1995 totaled $4.76 billion on a total asset base of $3.14 billion and a total capitalization (equity plus long-term debt) of $1.98 billion.
The findings of this critical financial analysis are presented in (1) assessments of the company's current financial performance and position, and (2) projections of the company's future financial performance and position. The assessment of the company's current financial performance and position was based on data for the fiscal year ending 31 May 1995, with highlights of financial performance presented for the 1991-1995 period. Projections of the company's future financial performance and position were for the fiscal year that will end on 31 May 2005.
ASSESSMENTS OF CURRENT FINANCIAL PERFORMANCE AND POSITION
Value Line Investment Survey described the recent fi...