Analysis of the Financial Statements of Nike and Adidas

Abstract: Revenue generated by the global apparel market steadily increased over the course of the observed time period, up until 2020, when the corona virus (COVID-19) pandemic heavily impacted retail. In 2021, the revenue of this market was approximately 1.55 trillion U.S. dollars. According to the Consumer Market Outlook, this value will increase to almost 2 trillion U.S. dollars by 2026, and because it looks promising investors might be interested in investing in one of the big apparel companies. The major purpose of our report is to conduct a financial analysis to determine whether Nike and Adidas are stable, solvent, liquid, and profitable enough to warrant a monetary investment. We will make suggestions for stock investors based on our comprehensive analysis, in which multiple methods are adopted to ensure the validity of the results. The main findings through our comparative and ratio analysis are presented in the tables below. MARKET ANALYSIS ACCOUNTING ANALYSIS PROFITABILITY ANALYSIS RISK ANALYSIS CASHFLOW ANALYSIS INVESTMENT SELECTION NIKE 1 0 1 1 1 0 ADIDAS 0 1 0 1 1 1 Title: Analysis of the Financial Statements of Nike and Adidas Author: Sandra Kamupira, Raymond Langson International Journal of Novel Research in Interdisciplinary Studies ISSN 2394-9716 Vol. 12, Issue 6, November 2025 - December 2025 Page No: 29-50 Novelty Journals Website: www.noveltyjournals.com Published Date: 31-December-2025 DOI: https://doi.org/10.5281/zenodo.18108219 Paper Download Link (Source) https://www.noveltyjournals.com/upload/paper/Analysis%20of%20the%20Financial%20Statements%20of%20Nike%20and%20Adidas-31122025-3.pdf