Starbucks Balance Sheet Health
Financial Health criteria checks 2/6
Starbucks has a total shareholder equity of $-8.6B and total debt of $15.0B, which brings its debt-to-equity ratio to -174.8%. Its total assets and total liabilities are $29.2B and $37.8B respectively. Starbucks's EBIT is $5.8B making its interest coverage ratio 12.4. It has cash and short-term investments of $3.4B.
Key information
-174.8%
Debt to equity ratio
US$15.05b
Debt
Interest coverage ratio | 12.4x |
Cash | US$3.38b |
Equity | -US$8.61b |
Total liabilities | US$37.79b |
Total assets | US$29.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SRB 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: SRB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SRB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SRB's debt is well covered by operating cash flow (45.2%).
Interest Coverage: SRB's interest payments on its debt are well covered by EBIT (12.4x coverage).