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
Starbucks: Better China Activity Bodes Well Into Earnings, Eyeing Margins
Apr 28Starbucks Corporation (NASDAQ:SBUX) Not Lagging Market On Growth Or Pricing
Apr 15
Many Would Be Envious Of Starbucks' (NASDAQ:SBUX) Excellent Returns On Capital
Mar 27Starbucks: This Former Barista Says, Wait For The Robots
Mar 25Starbucks: A Premium Price For A Premium Company
Mar 18A Look At The Fair Value Of Starbucks Corporation (NASDAQ:SBUX)
Mar 09Starbucks: Out Of Steam Or Just Warming Up? (Technical Analysis)
Feb 29Why I Just Bought More Starbucks For The First Time In Years
Feb 23Is It Time To Consider Buying Starbucks Corporation (NASDAQ:SBUX)?
Feb 20Starbucks: I'm Brewing Up Another Strong Buy
Feb 05Starbucks: Buying Before Earnings
Jan 24Starbucks: Why I Started A Position In This Dividend Growth Machine
Jan 14Starbucks Corporation (NASDAQ:SBUX) Not Lagging Market On Growth Or Pricing
Dec 26A Look At The Fair Value Of Starbucks Corporation (NASDAQ:SBUX)
Dec 08Financial 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 (41.8%).
Interest Coverage: SBUX's interest payments on its debt are well covered by EBIT (12.4x coverage).