Under Armor Financial Summary

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This report will summarize the financial positions of Nike and Under Armor based on their profitability, liquidity, and solvency. I will indicate whether or not I would invest in Nike from the information I have gathered on ratios and financial statements from this project. Based on the vertical and horizontal analysis, it appears as though Nike has increased in profitability over the years. Nike’s net profit margin increased from 2014 to 2015. It rose from 9.96% to 10.7% in 2015, this shows they make 10.7 cents, earning 74 cents more from the previous year on each sales dollar. Nike’s gross profit margin percentage was 46% in 2015. This states they earn 46 cents on each dollar of sales after the cost of goods. Under Armor has a net profit