NIKE, Inc. (NKE) Interest Coverage Ratio: 12.81x
The interest coverage ratio for NIKE, Inc. (NKE) is 12.81x as of Thursday, June 11, 2026.
NKE Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
12.81x
NKE Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NIKE, Inc. (NKE) | $65.91B | 12.81x | N/A | N/A | N/A |
| General Motors Company (GM) | $71.41B | 4.00x | 9.55x | 9.94x | 9.27x |
| Ford Motor Company (F) | $56.20B | 2.02x | 3.29x | 3.95x | 3.72x |
| Ross Stores, Inc. (ROST) | $75.71B | 82.30x | 61.55x | 44.74x | 35.81x |
| Airbnb, Inc. (ABNB) | $76.15B | N/A | 46.69x | 31.45x | 23.77x |
| Hilton Worldwide Holdings Inc. (HLT) | $77.43B | 4.34x | 4.25x | 4.59x | 4.18x |
| MercadoLibre, Inc. (MELI) | $79.96B | 21.63x | 19.41x | 13.82x | 9.74x |
| Sea Limited (SE) | $50.70B | 55.46x | 36.37x | 26.07x | 26.07x |
| eBay Inc. (EBAY) | $47.65B | 9.26x | 9.11x | 8.90x | 9.19x |
| Yum! Brands, Inc. (YUM) | $42.00B | 5.06x | 4.98x | 4.66x | 4.22x |
Financial Health Indicators
Interest Coverage
12.8x
Debt/Equity
0.83
Current Ratio
2.21
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
NIKE, Inc. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NIKE, Inc. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for NIKE, Inc. (NKE)?
- The interest coverage ratio for NKE stock is 12.81x.
About NIKE, Inc.
NIKE, Inc., through its various subsidiaries, operates as a global enterprise focused on the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories for all ages and genders. Beyond its primary offerings, the company provides a range of athletic and casual footwear, clothing, and accessories under the notable Jumpman trademark. It also distributes a variety of casual sneakers, apparel, and accessories, featuring well-known brands like Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell. Under the NIKE brand itself, the company supplies a comprehensive line of performance sports gear and accessories, such as bags, socks, sports balls, eyewear, timepieces, digital devices, bats, gloves, and protective equipment. Additionally, NIKE sells various plastic products to other manufacturers. The company also markets sportswear adorned with licensed logos from college and professional sports teams and leagues. Furthermore, it engages in licensing arrangements, allowing unaffiliated parties to manufacture and sell apparel, digital devices, applications, and other sports equipment under NIKE-owned trademarks. Its extensive product catalog reaches consumers globally through diverse channels, including specialized footwear, sporting goods, athletic specialty, department, skate, tennis, and golf stores. Distribution occurs via NIKE's proprietary retail outlets, digital e-commerce platforms, independent distributors, authorized licensees, and sales representatives. Founded in 1964, the company was originally named Blue Ribbon Sports, Inc., before officially becoming NIKE, Inc. in 1971, and maintains its corporate headquarters in Beaverton, Oregon.
- Sector
- Consumer Cyclical
- Industry
- Apparel - Footwear & Accessories
- CEO
- Elliott J. Hill