NIKE Inc

NKE
Passed

Company Overview

NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. It operates through the following segments: North America, Europe, Middle East & Africa, Greater China, Asia Pacific & Latin America, Global Brand Divisions, Converse, and Corporate. The North America, Europe, Middle East & Africa, Greater China, and Asia Pacific & Latin America segments refer to the design, development, marketing, and selling of athletic footwear, apparel, and equipment. The Global Brand Divisions represent its NIKE Brand licensing businesses. The Converse segment designs, markets, licenses, and sells casual sneakers, apparel, and accessories. The Corporate segment consists of unallocated general and administrative expenses. The company was founded by William Jay Bowerman and Philip H. Knight on January 25, 1964, and is headquartered in Beaverton, OR.

Country
US
Market Cap
$139.24B
Last Fiscal Year
2024
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.00% passed
5% Threshold
0.0%
Liabilities Compliance
8.58% passed
33% Threshold
8.6%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name NIKE Inc
Ticker NKE
Main Business Footwear & Accessories
Type Common Stock
Industry Footwear & Accessories
Country US
Market Cap $139.24 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Footwear $35,230.0 $0.0 -
Apparel $13,870.0 $0.0 -
Equipment $2,110.0 $0.0 -
Other $155.0 $0.0 -
Total $51,365.0 $0.0 0.00% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $1,480,000,000.0 1.06%
long term debt and capital lease obligation $10,470,000,000.0 7.52%
Total Interest-Bearing Debt $11,950,000,000.0 8.58%
Market Capitalization $139,240,500,000.0 100.00%
Compliance Status Threshold: 33% passed