Stock Analysis on Net
Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Starbucks Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Oct 1, 2023 Oct 2, 2022 Oct 3, 2021 Sep 27, 2020 Sep 29, 2019 Sep 30, 2018
Accounts payable 5.24 5.15 3.86 3.40 6.19 4.88
Accrued occupancy costs 0.29 0.30 0.34 0.26 0.92 0.68
Accrued dividends payable 2.21 2.17 1.84 0.00 2.53 1.84
Accrued capital and other operating expenditures 2.62 3.14 2.68 2.31 3.66 3.09
Insurance reserves 0.79 0.83 0.73 0.83 1.10 0.88
Income taxes payable 0.64 0.50 1.11 0.33 6.72 0.43
Accrued business taxes 0.72 0.70 0.69 0.55 0.92 0.76
Accrued liabilities 7.28% 7.64% 7.39% 4.29% 15.85% 7.68%
Accrued payroll and benefits 2.81 2.72 2.46 2.37 3.46 2.72
Current portion of operating lease liability 4.33 4.45 3.99 4.25 0.00 0.00
Stored value card liability and current portion of deferred revenue 5.77 5.87 5.08 4.96 6.60 6.80
Short-term debt 0.11 0.63 0.00 1.49 0.00 0.00
Current portion of long-term debt 6.18 6.25 3.18 4.26 0.00 1.45
Current liabilities 31.74% 32.71% 25.97% 25.01% 32.10% 23.53%
Long-term debt, excluding current portion 46.01 46.89 43.38 49.91 58.10 37.63
Operating lease liability, excluding current portion 26.91 26.86 24.65 26.08 0.00 0.00
Deferred revenue 20.72 22.44 20.59 22.46 35.09 28.05
Other long-term liabilities 1.74 2.18 2.35 3.09 7.13 5.92
Long-term liabilities 95.39% 98.38% 90.96% 101.54% 100.32% 71.60%
Total liabilities 127.13% 131.09% 116.93% 126.55% 132.42% 95.13%
Common stock; $0.001 par value 0.00 0.00 0.00 0.00 0.01 0.01
Additional paid-in capital 0.13 0.73 2.70 1.27 0.21 0.17
Retained earnings (deficit) -24.64 -30.20 -20.12 -26.61 -30.03 6.03
Accumulated other comprehensive income (loss) -2.64 -1.66 0.47 -1.24 -2.62 -1.37
Shareholders’ equity (deficit) -27.15% -31.12% -16.95% -26.57% -32.43% 4.84%
Noncontrolling interests 0.02 0.03 0.02 0.02 0.01 0.03
Total equity (deficit) -27.13% -31.09% -16.93% -26.55% -32.42% 4.87%
Total liabilities and equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-10-01), 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Starbucks Corp. current liabilities as a percentage of total liabilities and equity (deficit) increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Starbucks Corp. long-term liabilities as a percentage of total liabilities and equity (deficit) increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Starbucks Corp. total liabilities as a percentage of total liabilities and equity (deficit) increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Shareholders’ equity (deficit) Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Starbucks Corp. shareholders’ equity (deficit) as a percentage of total liabilities and equity (deficit) decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.