Nike Financial Analysis Nike is a company that has thoroughly embedded itself into the psyche of people around the world. It's a company that started with humble origins from selling footwear in the basement to becoming the behemoth in the athletic industry. Bill Bowerman, University of Oregon track & field coach, and Phil Knight, middle-distance runner under Bowerman co-founded Nike. Nike was first established as Blue Ribbon Sports in 1964 as a partnership and the name Nike was officially adopted on May 30, 1978. The infamous Nike Logo - Swoosh, was created for a fee of $35 by Carolyn Davidson, a graphics design student. In 1980, Nike becomes a publicly traded company with the completion of its Initial Public Offering of 2,377,000 shares…show more content… This region has approximately 1076 Nike employees and additional 44,568 workers working in 137 total contract factories. Nike has branch offices and subsidiaries in five countries. Some of the challenges that Nike has faced and still faces are in regards to its manufacturing facilities and violation of labor laws. Nike has been accused on numerous occasions of employing children in its factories or exploiting workers in developing countries. In response to these allegations, Nike implemented strict standards for manufacturing facilities, including minimum age, air quality, mandatory education programs, expansion of micro-loan programs, factory monitoring, and enhanced transparency of Nike's corporate responsibility practices. In order to better its image, Nike even ceased orders from Pakistan in November 20, 2006 as the soccer-ball manufacturer there failed to correct labor-compliance violations. Examination of Nike's debt ratios reveals that the company has less debt in proportion to its assets. In 2002, Nike had a debt ratio of .404 with total assets being worth about $6.44 billion, and total debt of $2.60 billion. In 2003, Nike's debt ratio increased to .415, its total assets increased by $378.1 million, and its total debt increased by $226.4 million. Debt ratio fell to .394 in 2004, and fell further in 2005 to .358. In the year 2006, Nike's debt ratio increased to .363, and had total assets of $9.87 billion and total
March 20, 2013 Eastern Washington University Student Research NIKE INC. ___________________________________________________________________ Date: March 18, 2013 Ticker: NKE Price Target: $51.98 Price: $53.74 Investment Researcher: Albert Khandzhayan ABOUT THE COMPANY Nike Inc is one of the most popular and successful clothing and shoe line worldwide. Nike provides the comfort of clothes for every indoor and outdoor sport…
3/12/2015 NIKE INC. Share price and Investment valuation Mashada Kamal Steven Ricciardi 7393091 6043569 Case 2 NIKE INC valuation A. Investment Decision In our opinion, North Point should take a position in Nike at current market price of $42.09 since it is undervalued by $2.01 according to CAPM. Furthermore, NIKE INC stock has low-risk and promising growth prospects based on financial statement analysis and historical P/E analysis. In order to reach the above decision we have evaluated NIKE Inc…
Nike, Inc. Disclosure Analysis ACC/422 February 16, 2014 Disclosure Analysis When analyzing the disclosure of an organization’s financial statement, it is very important to have it easy to understand for investors, shareholders, and consumers. They will need to understand how well the organization is doing financially and how the management of the organization uses the financial statement to make ensure that all the information is accurately reported according to the Securities and Exchange Commission…
Nike’s Financial Analysis Antonio Sanguinetti Dr. Muleka Kikwebati Strayer University Financial Management March 10, 2012 Table of Contents Abstract 3 History 4 Scope of international operations. 5 Capital structure. 5 Ratios. 6 Dividends 7 Recent stock performance. 8-9 SWOT Analysis 10-12 Final Thoughts 13-14 References 15 Appendixes 16 Abstract The purpose of this paper is to provide investors with comprehensive information on Nike, its financial health and activities…
DUTA WACANA CHRISTIAN UNIVERSITY | NIKE, Inc. Business Strategy Analysis | Issues in Strategic Information Management | BIS301 | Elia Sagita Wijaya E1000235 | Table of Contents I. Executive Summary 2 II. Background and Assumptions 2 III. Mission Statement, Goals and Objectives 2 IV. Remote Environment 3 A. Economic Factors 3 B. Social Factors 3 C. Political and Legal Factors 4 V. Porter’s Five Forces 4 A. Bargaining Power of Suppliers 4 B. Bargaining…
NIKE BY JONATHAN DOGBO MARKETING PLAN • Mission . • Marketing objective. • Marketing environment. • S.w.o.t Analysis • Target market. • Market strategy. • features MISSION STATEMENT Nike’s mission statement is "To bring inspiration and innovation to every athlete* in the world." • The legendary University of Oregon track and field coach, and Nike co-founder, Bill Bowerman said, "If you have a body, you are an athlete." NIKE • Nike was founded in January 25, 1964 by Phil Knight…
Nike, Inc. case study Nike, Inc. is an American company that is involved into the designing, development and selling of shoes, apparel, equipment, accessories and services. It is one of largest world’s suppliers and manufacturer of sports equipment in the world. In this case study report, I will analyze the cost of capitals and make a comparison with Joanna Cohen’s result with my calculation, then get further analysis. From the company’s point of view, the cost of capital is a term used in…
Austin Wang Dr. Sean Jasso Section 22 May 24, 2012 Marketing Plan Stage 2 Nike: Executive Summary: - Bill Bowerman and Phillip Knight found the company as Blue Ribbon Sports in 1964 - Changed the name to Nike in 1978 - Nike Headquarter is located in Beaverton Oregon - Global marketer of footwear, apparel, equipment and accessory products - Offers footwear and products to sports such as tennis,golf, baseball, football, bicycling, volleyball, wrestling, cheerleading, aquatic activities…
Nike, Inc.: Cost of Capital Case Facts North Point Group North Point Group is a mutual fund management firm. Large-Cap Fund is one of the portfolios managed by Kimi Ford. This portfolio is composed of Fortune 500 companies, to include Exxon Mobil, GM, 3M, and large-cap, old economy stocks. The fund earned 20.7% return in 2000 and 6.4% year-to-date returns, end of June 2001. With emphasis on value-investing, Kimi Ford is considering buying shares of Nike, Inc. Nike, Inc. An athletic shoe manufacturer…