Starbucks Balance Sheet Health
Financial Health criteria checks 2/6
Starbucks has a total shareholder equity of $-8.4B and total debt of $15.6B, which brings its debt-to-equity ratio to -185.1%. Its total assets and total liabilities are $29.4B and $37.8B respectively. Starbucks's EBIT is $5.6B making its interest coverage ratio 12.4. It has cash and short-term investments of $3.1B.
Key information
-185.1%
Debt to equity ratio
US$15.62b
Debt
Interest coverage ratio | 12.4x |
Cash | US$3.13b |
Equity | -US$8.44b |
Total liabilities | US$37.81b |
Total assets | US$29.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBUXD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SBUXD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SBUXD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SBUXD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SBUXD's debt is well covered by operating cash flow (41.8%).
Interest Coverage: SBUXD's interest payments on its debt are well covered by EBIT (12.4x coverage).