NIKE Capital Lease Obligations vs Total Liab Analysis

NKE Stock

14.72 0.03 0.20%

NIKE financial indicator trend analysis is infinitely more than just investigating NIKE Inc CDR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NIKE Inc CDR is a good investment. Please check the relationship between NIKE Capital Lease Obligations and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIKE Inc CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Lease Obligations vs Total Liab

Capital Lease Obligations vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NIKE Inc CDR Capital Lease Obligations account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between NIKE's Capital Lease Obligations and Total Liab is 0.96. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Liab in the same time period over historical financial statements of NIKE Inc CDR, assuming nothing else is changed. The correlation between historical values of NIKE's Capital Lease Obligations and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of NIKE Inc CDR are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Capital Lease Obligations i.e., NIKE's Capital Lease Obligations and Total Liab go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Lease Obligations

NIKE Inc CDR capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to NIKE asset purchases. For example, NIKE can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as NIKE control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from NIKE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NIKE Inc CDR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIKE Inc CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 1st of December 2024, Tax Provision is likely to grow to about 1 B. Also, Selling General Administrative is likely to grow to about 16.7 B

	2021	2022	2023	2024 (projected)
Gross Profit	21.5B	22.3B	22.9B	23.8B
Total Revenue	46.7B	51.2B	51.4B	53.3B

Gross Profit Total Revenue

NIKE fundamental ratios Correlations

	Other Current Liab	Net Debt	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock
Other Current Liab		-0.32	0.82	-0.79	-0.71	0.94	0.65	0.63	0.57	-0.89	-0.73	0.97	0.82	0.56	0.95	0.73	0.95	0.95	-0.57	-0.57	0.93	-0.77	-0.93	-0.89	0.88	1.0
Net Debt	-0.32		-0.24	-0.06	0.0	-0.07	-0.67	-0.44	-0.03	0.31	0.33	-0.32	-0.29	-0.25	-0.2	-0.74	-0.28	-0.22	0.01	-0.01	-0.27	-0.09	0.36	0.24	-0.39	-0.32
Total Assets	0.82	-0.24		-0.42	-0.37	0.85	0.4	0.89	0.55	-0.61	-0.3	0.7	0.95	0.71	0.91	0.48	0.7	0.75	-0.35	-0.24	0.9	-0.51	-0.9	-0.48	0.97	0.82
Total Current Liabilities	-0.79	-0.06	-0.42		0.85	-0.81	-0.35	-0.08	-0.44	0.77	0.75	-0.83	-0.42	-0.23	-0.7	-0.39	-0.82	-0.82	0.62	0.72	-0.65	0.89	0.6	0.93	-0.44	-0.79
Total Stockholder Equity	-0.71	0.0	-0.37	0.85		-0.77	-0.58	0.02	-0.8	0.91	0.9	-0.85	-0.54	0.15	-0.72	-0.35	-0.88	-0.87	0.93	0.98	-0.72	0.97	0.68	0.86	-0.46	-0.71
Property Plant And Equipment Net	0.94	-0.07	0.85	-0.81	-0.77		0.45	0.55	0.7	-0.84	-0.63	0.9	0.86	0.47	0.98	0.45	0.91	0.95	-0.67	-0.64	0.95	-0.87	-0.91	-0.8	0.85	0.94
Retained Earnings	0.65	-0.67	0.4	-0.35	-0.58	0.45		0.37	0.56	-0.81	-0.83	0.75	0.59	0.04	0.57	0.87	0.74	0.68	-0.6	-0.59	0.65	-0.45	-0.71	-0.66	0.61	0.65
Accounts Payable	0.63	-0.44	0.89	-0.08	0.02	0.55	0.37		0.22	-0.34	-0.05	0.46	0.79	0.83	0.67	0.57	0.43	0.46	0.02	0.14	0.67	-0.1	-0.71	-0.23	0.87	0.63
Cash	0.57	-0.03	0.55	-0.44	-0.8	0.7	0.56	0.22		-0.79	-0.65	0.68	0.77	-0.18	0.74	0.19	0.74	0.77	-0.94	-0.83	0.78	-0.8	-0.75	-0.51	0.62	0.57
Non Current Assets Total	-0.89	0.31	-0.61	0.77	0.91	-0.84	-0.81	-0.34	-0.79		0.93	-0.97	-0.76	-0.12	-0.87	-0.66	-0.98	-0.97	0.86	0.86	-0.89	0.88	0.89	0.91	-0.74	-0.89
Non Currrent Assets Other	-0.73	0.33	-0.3	0.75	0.9	-0.63	-0.83	-0.05	-0.65	0.93		-0.88	-0.48	0.11	-0.63	-0.66	-0.88	-0.83	0.82	0.89	-0.67	0.8	0.67	0.9	-0.47	-0.73
Long Term Debt	0.97	-0.32	0.7	-0.83	-0.85	0.9	0.75	0.46	0.68	-0.97	-0.88		0.78	0.33	0.91	0.72	1.0	0.98	-0.74	-0.75	0.92	-0.86	-0.92	-0.95	0.8	0.97
Net Receivables	0.82	-0.29	0.95	-0.42	-0.54	0.86	0.59	0.79	0.77	-0.76	-0.48	0.78		0.47	0.94	0.52	0.8	0.84	-0.59	-0.47	0.96	-0.62	-0.96	-0.54	0.97	0.82
Good Will	0.56	-0.25	0.71	-0.23	0.15	0.47	0.04	0.83	-0.18	-0.12	0.11	0.33	0.47		0.49	0.45	0.28	0.31	0.32	0.34	0.44	-0.01	-0.46	-0.25	0.63	0.56
Common Stock Shares Outstanding	0.95	-0.2	0.91	-0.7	-0.72	0.98	0.57	0.67	0.74	-0.87	-0.63	0.91	0.94	0.49		0.55	0.92	0.96	-0.66	-0.6	0.99	-0.8	-0.98	-0.77	0.93	0.95
Short Term Investments	0.73	-0.74	0.48	-0.39	-0.35	0.45	0.87	0.57	0.19	-0.66	-0.66	0.72	0.52	0.45	0.55		0.67	0.6	-0.24	-0.27	0.59	-0.28	-0.67	-0.68	0.65	0.73
Non Current Liabilities Total	0.95	-0.28	0.7	-0.82	-0.88	0.91	0.74	0.43	0.74	-0.98	-0.88	1.0	0.8	0.28	0.92	0.67		0.99	-0.79	-0.8	0.93	-0.89	-0.92	-0.93	0.8	0.95
Capital Lease Obligations	0.95	-0.22	0.75	-0.82	-0.87	0.95	0.68	0.46	0.77	-0.97	-0.83	0.98	0.84	0.31	0.96	0.6	0.99		-0.79	-0.78	0.96	-0.91	-0.94	-0.9	0.83	0.95
Inventory	-0.57	0.01	-0.35	0.62	0.93	-0.67	-0.6	0.02	-0.94	0.86	0.82	-0.74	-0.59	0.32	-0.66	-0.24	-0.79	-0.79		0.97	-0.7	0.89	0.66	0.67	-0.46	-0.57
Other Current Assets	-0.57	-0.01	-0.24	0.72	0.98	-0.64	-0.59	0.14	-0.83	0.86	0.89	-0.75	-0.47	0.34	-0.6	-0.27	-0.8	-0.78	0.97		-0.63	0.91	0.59	0.75	-0.36	-0.57
Total Liab	0.93	-0.27	0.9	-0.65	-0.72	0.95	0.65	0.67	0.78	-0.89	-0.67	0.92	0.96	0.44	0.99	0.59	0.93	0.96	-0.7	-0.63		-0.78	-0.99	-0.75	0.95	0.93
Net Invested Capital	-0.77	-0.09	-0.51	0.89	0.97	-0.87	-0.45	-0.1	-0.8	0.88	0.8	-0.86	-0.62	-0.01	-0.8	-0.28	-0.89	-0.91	0.89	0.91	-0.78		0.73	0.85	-0.55	-0.77
Property Plant And Equipment Gross	-0.93	0.36	-0.9	0.6	0.68	-0.91	-0.71	-0.71	-0.75	0.89	0.67	-0.92	-0.96	-0.46	-0.98	-0.67	-0.92	-0.94	0.66	0.59	-0.99	0.73		0.74	-0.96	-0.93
Short Long Term Debt	-0.89	0.24	-0.48	0.93	0.86	-0.8	-0.66	-0.23	-0.51	0.91	0.9	-0.95	-0.54	-0.25	-0.77	-0.68	-0.93	-0.9	0.67	0.75	-0.75	0.85	0.74		-0.59	-0.89
Total Current Assets	0.88	-0.39	0.97	-0.44	-0.46	0.85	0.61	0.87	0.62	-0.74	-0.47	0.8	0.97	0.63	0.93	0.65	0.8	0.83	-0.46	-0.36	0.95	-0.55	-0.96	-0.59		0.88
Capital Stock	1.0	-0.32	0.82	-0.79	-0.71	0.94	0.65	0.63	0.57	-0.89	-0.73	0.97	0.82	0.56	0.95	0.73	0.95	0.95	-0.57	-0.57	0.93	-0.77	-0.93	-0.89	0.88

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NIKE Account Relationship Matchups

Pair Trading with NIKE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NIKE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NIKE will appreciate offsetting losses from the drop in the long position's value.

Moving together with NIKE Stock

0.71

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Pair Corr

The ability to find closely correlated positions to NIKE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NIKE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NIKE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NIKE Inc CDR to buy it.

The correlation of NIKE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NIKE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NIKE Inc CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NIKE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in NIKE Stock

Balance Sheet is a snapshot of the financial position of NIKE Inc CDR at a specified time, usually calculated after every quarter, six months, or one year. NIKE Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NIKE and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NIKE currently owns. An asset can also be divided into two categories, current and non-current.

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NIKE Capital Lease Obligations vs Total Liab Analysis

Capital Lease Obligations vs Total Liab

Capital Lease Obligations vs Total Liab Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Total Liab

NIKE fundamental ratios Correlations

NIKE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with NIKE

Moving together with NIKE Stock

Other Information on Investing in NIKE Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Capital Stock	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Common Stock Shares Outstanding
Capital Lease Obligations	+ 0.99	Non Current Liabilities Total
Other Current Assets	+ 0.98	Total Stockholder Equity
Common Stock Shares Outstanding	+ 0.98	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.99	Total Liab
Property Plant And Equipment Gross	- 0.98	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.98	Non Current Assets Total
Capital Lease Obligations	- 0.97	Non Current Assets Total
Long Term Debt	- 0.97	Non Current Assets Total
Total Current Assets	- 0.96	Property Plant And Equipment Gross