Starbucks Balance Sheet Health
Financial Health criteria checks 2/6
Starbucks has a total shareholder equity of $-7.4B and total debt of $15.6B, which brings its debt-to-equity ratio to -209.5%. Its total assets and total liabilities are $31.3B and $38.8B respectively. Starbucks's EBIT is $5.1B making its interest coverage ratio 11.8. It has cash and short-term investments of $3.5B.
Key information
-209.5%
Debt to equity ratio
US$15.59b
Debt
| Interest coverage ratio | 11.8x |
| Cash | US$3.54b |
| Equity | -US$7.44b |
| Total liabilities | US$38.78b |
| Total assets | US$31.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SBUX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1SBUX 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: 1SBUX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1SBUX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 1SBUX's debt is well covered by operating cash flow (39.1%).
Interest Coverage: 1SBUX's interest payments on its debt are well covered by EBIT (11.8x coverage).