NIKE Stock Based Compensation vs Begin Period Cash Flow Analysis

NKE Stock

14.36 0.03 0.21%

NIKE financial indicator trend analysis is infinitely more than just investigating NIKE Inc CDR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NIKE Inc CDR is a good investment. Please check the relationship between NIKE Stock Based Compensation and its Begin Period Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIKE Inc CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Stock Based Compensation vs Begin Period Cash Flow

Stock Based Compensation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NIKE Inc CDR Stock Based Compensation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between NIKE's Stock Based Compensation and Begin Period Cash Flow is -0.53. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of NIKE Inc CDR, assuming nothing else is changed. The correlation between historical values of NIKE's Stock Based Compensation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of NIKE Inc CDR are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Stock Based Compensation i.e., NIKE's Stock Based Compensation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Most indicators from NIKE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NIKE Inc CDR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIKE Inc CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 17th of December 2024, Tax Provision is likely to grow to about 1 B. Also, Selling General Administrative is likely to grow to about 16.7 B

	2021	2022	2023	2024 (projected)
Gross Profit	21.5B	22.3B	22.9B	23.8B
Total Revenue	46.7B	51.2B	51.4B	53.3B

Gross Profit Total Revenue

NIKE fundamental ratios Correlations

	Other Current Liab	Net Debt	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock
Other Current Liab		-0.32	0.82	-0.79	-0.71	0.94	0.65	0.63	0.57	-0.89	-0.73	0.97	0.82	0.56	0.95	0.73	0.95	0.95	-0.57	-0.57	0.93	-0.77	-0.93	-0.89	0.88	1.0
Net Debt	-0.32		-0.24	-0.06	0.0	-0.07	-0.67	-0.44	-0.03	0.31	0.33	-0.32	-0.29	-0.25	-0.2	-0.74	-0.28	-0.22	0.01	-0.01	-0.27	-0.09	0.36	0.24	-0.39	-0.32
Total Assets	0.82	-0.24		-0.42	-0.37	0.85	0.4	0.89	0.55	-0.61	-0.3	0.7	0.95	0.71	0.91	0.48	0.7	0.75	-0.35	-0.24	0.9	-0.51	-0.9	-0.48	0.97	0.82
Total Current Liabilities	-0.79	-0.06	-0.42		0.85	-0.81	-0.35	-0.08	-0.44	0.77	0.75	-0.83	-0.42	-0.23	-0.7	-0.39	-0.82	-0.82	0.62	0.72	-0.65	0.89	0.6	0.93	-0.44	-0.79
Total Stockholder Equity	-0.71	0.0	-0.37	0.85		-0.77	-0.58	0.02	-0.8	0.91	0.9	-0.85	-0.54	0.15	-0.72	-0.35	-0.88	-0.87	0.93	0.98	-0.72	0.97	0.68	0.86	-0.46	-0.71
Property Plant And Equipment Net	0.94	-0.07	0.85	-0.81	-0.77		0.45	0.55	0.7	-0.84	-0.63	0.9	0.86	0.47	0.98	0.45	0.91	0.95	-0.67	-0.64	0.95	-0.87	-0.91	-0.8	0.85	0.94
Retained Earnings	0.65	-0.67	0.4	-0.35	-0.58	0.45		0.37	0.56	-0.81	-0.83	0.75	0.59	0.04	0.57	0.87	0.74	0.68	-0.6	-0.59	0.65	-0.45	-0.71	-0.66	0.61	0.65
Accounts Payable	0.63	-0.44	0.89	-0.08	0.02	0.55	0.37		0.22	-0.34	-0.05	0.46	0.79	0.83	0.67	0.57	0.43	0.46	0.02	0.14	0.67	-0.1	-0.71	-0.23	0.87	0.63
Cash	0.57	-0.03	0.55	-0.44	-0.8	0.7	0.56	0.22		-0.79	-0.65	0.68	0.77	-0.18	0.74	0.19	0.74	0.77	-0.94	-0.83	0.78	-0.8	-0.75	-0.51	0.62	0.57
Non Current Assets Total	-0.89	0.31	-0.61	0.77	0.91	-0.84	-0.81	-0.34	-0.79		0.93	-0.97	-0.76	-0.12	-0.87	-0.66	-0.98	-0.97	0.86	0.86	-0.89	0.88	0.89	0.91	-0.74	-0.89
Non Currrent Assets Other	-0.73	0.33	-0.3	0.75	0.9	-0.63	-0.83	-0.05	-0.65	0.93		-0.88	-0.48	0.11	-0.63	-0.66	-0.88	-0.83	0.82	0.89	-0.67	0.8	0.67	0.9	-0.47	-0.73
Long Term Debt	0.97	-0.32	0.7	-0.83	-0.85	0.9	0.75	0.46	0.68	-0.97	-0.88		0.78	0.33	0.91	0.72	1.0	0.98	-0.74	-0.75	0.92	-0.86	-0.92	-0.95	0.8	0.97
Net Receivables	0.82	-0.29	0.95	-0.42	-0.54	0.86	0.59	0.79	0.77	-0.76	-0.48	0.78		0.47	0.94	0.52	0.8	0.84	-0.59	-0.47	0.96	-0.62	-0.96	-0.54	0.97	0.82
Good Will	0.56	-0.25	0.71	-0.23	0.15	0.47	0.04	0.83	-0.18	-0.12	0.11	0.33	0.47		0.49	0.45	0.28	0.31	0.32	0.34	0.44	-0.01	-0.46	-0.25	0.63	0.56
Common Stock Shares Outstanding	0.95	-0.2	0.91	-0.7	-0.72	0.98	0.57	0.67	0.74	-0.87	-0.63	0.91	0.94	0.49		0.55	0.92	0.96	-0.66	-0.6	0.99	-0.8	-0.98	-0.77	0.93	0.95
Short Term Investments	0.73	-0.74	0.48	-0.39	-0.35	0.45	0.87	0.57	0.19	-0.66	-0.66	0.72	0.52	0.45	0.55		0.67	0.6	-0.24	-0.27	0.59	-0.28	-0.67	-0.68	0.65	0.73
Non Current Liabilities Total	0.95	-0.28	0.7	-0.82	-0.88	0.91	0.74	0.43	0.74	-0.98	-0.88	1.0	0.8	0.28	0.92	0.67		0.99	-0.79	-0.8	0.93	-0.89	-0.92	-0.93	0.8	0.95
Capital Lease Obligations	0.95	-0.22	0.75	-0.82	-0.87	0.95	0.68	0.46	0.77	-0.97	-0.83	0.98	0.84	0.31	0.96	0.6	0.99		-0.79	-0.78	0.96	-0.91	-0.94	-0.9	0.83	0.95
Inventory	-0.57	0.01	-0.35	0.62	0.93	-0.67	-0.6	0.02	-0.94	0.86	0.82	-0.74	-0.59	0.32	-0.66	-0.24	-0.79	-0.79		0.97	-0.7	0.89	0.66	0.67	-0.46	-0.57
Other Current Assets	-0.57	-0.01	-0.24	0.72	0.98	-0.64	-0.59	0.14	-0.83	0.86	0.89	-0.75	-0.47	0.34	-0.6	-0.27	-0.8	-0.78	0.97		-0.63	0.91	0.59	0.75	-0.36	-0.57
Total Liab	0.93	-0.27	0.9	-0.65	-0.72	0.95	0.65	0.67	0.78	-0.89	-0.67	0.92	0.96	0.44	0.99	0.59	0.93	0.96	-0.7	-0.63		-0.78	-0.99	-0.75	0.95	0.93
Net Invested Capital	-0.77	-0.09	-0.51	0.89	0.97	-0.87	-0.45	-0.1	-0.8	0.88	0.8	-0.86	-0.62	-0.01	-0.8	-0.28	-0.89	-0.91	0.89	0.91	-0.78		0.73	0.85	-0.55	-0.77
Property Plant And Equipment Gross	-0.93	0.36	-0.9	0.6	0.68	-0.91	-0.71	-0.71	-0.75	0.89	0.67	-0.92	-0.96	-0.46	-0.98	-0.67	-0.92	-0.94	0.66	0.59	-0.99	0.73		0.74	-0.96	-0.93
Short Long Term Debt	-0.89	0.24	-0.48	0.93	0.86	-0.8	-0.66	-0.23	-0.51	0.91	0.9	-0.95	-0.54	-0.25	-0.77	-0.68	-0.93	-0.9	0.67	0.75	-0.75	0.85	0.74		-0.59	-0.89
Total Current Assets	0.88	-0.39	0.97	-0.44	-0.46	0.85	0.61	0.87	0.62	-0.74	-0.47	0.8	0.97	0.63	0.93	0.65	0.8	0.83	-0.46	-0.36	0.95	-0.55	-0.96	-0.59		0.88
Capital Stock	1.0	-0.32	0.82	-0.79	-0.71	0.94	0.65	0.63	0.57	-0.89	-0.73	0.97	0.82	0.56	0.95	0.73	0.95	0.95	-0.57	-0.57	0.93	-0.77	-0.93	-0.89	0.88

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NIKE Account Relationship Matchups

Pair Trading with NIKE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NIKE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NIKE will appreciate offsetting losses from the drop in the long position's value.

Moving against NIKE Stock

0.71	NVDA	NVIDIA CDR	Pair Corr
0.71	TD-PFD	Toronto Dominion Bank	Pair Corr
0.69	JPM	JPMorgan Chase	Pair Corr
0.68	BOFA	Bank of America	Pair Corr
0.54	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to NIKE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NIKE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NIKE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NIKE Inc CDR to buy it.

The correlation of NIKE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NIKE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NIKE Inc CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NIKE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in NIKE Stock

Balance Sheet is a snapshot of the financial position of NIKE Inc CDR at a specified time, usually calculated after every quarter, six months, or one year. NIKE Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NIKE and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NIKE currently owns. An asset can also be divided into two categories, current and non-current.

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NIKE Stock Based Compensation vs Begin Period Cash Flow Analysis

Stock Based Compensation vs Begin Period Cash Flow

Stock Based Compensation vs Begin Period Cash Flow Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Begin Period Cash Flow

NIKE fundamental ratios Correlations

NIKE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with NIKE

Moving against NIKE Stock

Other Information on Investing in NIKE Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Capital Stock	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Common Stock Shares Outstanding
Capital Lease Obligations	+ 0.99	Non Current Liabilities Total
Other Current Assets	+ 0.98	Total Stockholder Equity
Common Stock Shares Outstanding	+ 0.98	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.99	Total Liab
Property Plant And Equipment Gross	- 0.98	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.98	Non Current Assets Total
Capital Lease Obligations	- 0.97	Non Current Assets Total
Long Term Debt	- 0.97	Non Current Assets Total
Total Current Assets	- 0.96	Property Plant And Equipment Gross