Starbucks Balance Sheet Health
Financial Health criteria checks 2/6
Starbucks has a total shareholder equity of $-7.9B and total debt of $15.6B, which brings its debt-to-equity ratio to -196.7%. Its total assets and total liabilities are $30.1B and $38.0B respectively. Starbucks's EBIT is $5.5B making its interest coverage ratio 12.2. It has cash and short-term investments of $3.4B.
Key information
-196.7%
Debt to equity ratio
US$15.61b
Debt
| Interest coverage ratio | 12.2x |
| Cash | US$3.39b |
| Equity | -US$7.94b |
| Total liabilities | US$38.05b |
| Total assets | US$30.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBUX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SBUX 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: SBUX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SBUX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SBUX's debt is well covered by operating cash flow (41.7%).
Interest Coverage: SBUX's interest payments on its debt are well covered by EBIT (12.2x coverage).