Key Insights on Nike’s Financial Performance

⚡Total Revenue grew by 14.88% from 2016 to 2020, with a YoY increase of 0.64% in 2020

⚡ Cost of Sales grew by 31.09% from 2016 to 2020 with a YoY increase of 3.16% in 2020

⚡Avg of 35.85% and 64.15% of total expenses was spent on R&D expenses and selling, marketing & admin expense respectively in 2020

⚡Interest expense declined by 72.31% from 2016 to 2020

⚡Net Income declined by 11.04% from 2016 to 2020, with a YoY decline of 2.68% in 2020

⚡ Liquidity: Johnson & Johnson has maintained an avg of 8.08% of total Assets in highly Liquid Assets for the 5 years period.

⚡ Return on Equity: Johnson & Johnson slightly declined the returns to stockholders from 23.5% in 2016 to 23.3% in 2020, and recorded YoY decline of 7.32% in 2020

⚡Leverage: Johnson & Johnson has a moderate gearing ratio of 55.7% in 2020.

Source : Johnson & Johnson Annual Report