Nike Inc (NKE) — Cash Flow-to-Debt Ratio
Latest as of February 2026:
0.02x
Nike Inc (NKE) has a Cash Flow-to-Debt Ratio of 0.02x as of February 2026, meaning its operating cash flow of $430.00 Million could theoretically repay 0% of its total liabilities ($22.97 Billion) in one year. See financial agility of Nike Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
0.02x
Operating CF / Total Liabilities
Operating Cash Flow
$430.00 Million
USD
Total Liabilities
$22.97 Billion
USD
Data as of
Feb 2026
Most recent filing
Nike Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Nike Inc across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Nike Inc.
Annual Cash Flow-to-Debt Ratio for Nike Inc (1989–2025)
Year-by-year debt coverage analysis for Nike Inc. Check Nike Inc (NKE) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | $3.70 Billion | $23.37 Billion | ▼ -49.6% |
| 2024 | 0.31x | $7.43 Billion | $23.68 Billion | ▲ +26.4% |
| 2023 | 0.25x | $5.84 Billion | $23.53 Billion | ▲ +19.8% |
| 2022 | 0.21x | $5.19 Billion | $25.04 Billion | ▼ -22.3% |
| 2021 | 0.27x | $6.66 Billion | $24.97 Billion | ▲ +149.8% |
| 2020 | 0.11x | $2.48 Billion | $23.29 Billion | ▼ -73.5% |
| 2019 | 0.40x | $5.90 Billion | $14.68 Billion | ▲ +3.3% |
| 2018 | 0.39x | $4.96 Billion | $12.72 Billion | ▲ +16.1% |
| 2017 | 0.34x | $3.64 Billion | $10.85 Billion | ▼ -1.0% |
| 2016 | 0.34x | $3.10 Billion | $9.14 Billion | ▼ -35.6% |
| 2015 | 0.53x | $4.68 Billion | $8.89 Billion | ▲ +36.2% |
| 2014 | 0.39x | $3.00 Billion | $7.77 Billion | ▼ -17.9% |
| 2013 | 0.47x | $3.03 Billion | $6.43 Billion | ▲ +26.1% |
| 2012 | 0.37x | $1.90 Billion | $5.08 Billion | ▲ +6.3% |
| 2011 | 0.35x | $1.81 Billion | $5.16 Billion | ▼ -48.2% |
| 2010 | 0.68x | $3.16 Billion | $4.67 Billion | ▲ +78.0% |
| 2009 | 0.38x | $1.74 Billion | $4.56 Billion | ▼ -9.1% |
| 2008 | 0.42x | $1.94 Billion | $4.62 Billion | ▼ -18.2% |
| 2007 | 0.51x | $1.88 Billion | $3.66 Billion | ▲ +10.2% |
| 2006 | 0.47x | $1.67 Billion | $3.58 Billion | ▼ -6.7% |
| 2005 | 0.50x | $1.57 Billion | $3.15 Billion | ▲ +2.4% |
| 2004 | 0.49x | $1.51 Billion | $3.11 Billion | ▲ +44.5% |
| 2003 | 0.34x | $917.40 Million | $2.72 Billion | ▼ -18.9% |
| 2002 | 0.42x | $1.08 Billion | $2.60 Billion | ▲ +47.1% |
| 2001 | 0.28x | $656.50 Million | $2.33 Billion | ▲ +1.1% |
| 2000 | 0.28x | $759.90 Million | $2.72 Billion | ▼ -44.4% |
| 1999 | 0.50x | $961.00 Million | $1.91 Billion | ▲ +107.3% |
| 1998 | 0.24x | $517.50 Million | $2.14 Billion | ▲ +65.4% |
| 1997 | 0.15x | $323.10 Million | $2.21 Billion | ▼ -32.5% |
| 1996 | 0.22x | $330.00 Million | $1.52 Billion | ▲ +0.3% |
| 1995 | 0.22x | $254.90 Million | $1.18 Billion | ▼ -76.2% |
| 1994 | 0.91x | $576.50 Million | $632.60 Million | ▲ +85.9% |
| 1993 | 0.49x | $265.30 Million | $541.20 Million | ▼ -39.3% |
| 1992 | 0.81x | $436.60 Million | $540.90 Million | ▲ +3738.6% |
| 1991 | 0.02x | $14.20 Million | $675.30 Million | ▼ -94.9% |
| 1990 | 0.41x | $127.10 Million | $310.10 Million | ▼ -36.3% |
| 1989 | 0.64x | $169.40 Million | $263.30 Million | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.