Financial of UFV chandigarh PDF

Title Financial of UFV chandigarh
Course Business Communications
Institution University of the Fraser Valley
Pages 1
File Size 53.2 KB
File Type PDF
Total Downloads 10
Total Views 139

Summary

Its just a financials you can work on. So go ahead and check it...


Description

Financial Statement Analysis• Inventories for NIKE, Inc. were $5.3 billion, up 4 percent from May 31, 2017, primarily driven by strong demand globally. • Cash and equivalents and short-term investments were $5.2 billion, $934 million lower than last year as share repurchases, dividends and investments in infrastructure more than offset net income and proceeds from employee exercises of stock options. • Current Ratio is 2.9 from 2.5which is healthy but as it increased is not good for company • There positive effect on return on equity from34.4% to 17.4% which is good for the company • This year is good for Nike share as price earning ratio is from 21.9 to 61.2 but the Earning per share is less from 2.52 to 1.12 which is not good news for investors • Company is able to converted its asset into cash is not good enough for the company nike as Return on Asset is less from previous year • Revenues for NIKE, Inc. rose 6 percent to $36.4 billion, up 4 percent on a currency-neutral basis.

After seeing all the ratio we conclude that this year there is lots of positive sign for nike to grow and finding the opportunity but the returns on assets , earning per share is less than the previous year which is not good for the nikee....


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