Nike Inc.

Solvency Ratios
May 31, 2021

Debt Ratios
Debt to equity 0.74
Debt to equity (including operating lease liability) 1.00
Debt to capital 0.42
Debt to capital (including operating lease liability) 0.50
Debt to assets 0.25
Debt to assets (including operating lease liability) 0.34
Financial leverage 2.96

Coverage Ratios
Interest coverage 23.50
Fixed charge coverage 8.53
Based on:
10-K (filing date: 2021-07-20),
10-K (filing date: 2020-07-24),
10-K (filing date: 2019-07-23),
10-K (filing date: 2018-07-25),
10-K (filing date: 2017-07-20),
10-K (filing date: 2016-07-21).
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016

1.20 0.38 0.39 0.31 0.17

1.62 0.38 0.39 0.31 0.17
0.55 0.28 0.28 0.23 0.14
0.62 0.28 0.28 0.23 0.14
0.31 0.15 0.17 0.16 0.10
0.42 0.15 0.17 0.16 0.10
3.89 2.62 2.30 1.87 1.75

20.12 37.65 35.88 57.81 150.13

5.01 6.00 5.58 6.98 7.68