Analysis of Debt
Total Debt (Carrying Amount)
Starbucks Corp., balance sheet: debt
US$ in thousands
Based on: 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), 10-K (reporting date: 2017-10-01), 10-K (reporting date: 2016-10-02).
| Debt item | Description | The company |
|---|---|---|
| Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Starbucks Corp. total debt increased from 2019 to 2020 but then slightly decreased from 2020 to 2021. |
Total Debt (Fair Value)
| Oct 3, 2021 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Commercial paper notes | — |
| Japanese Yen-denominated credit facilities | — |
| Long-term debt, including current portion | 16,014,100 |
| Total debt (fair value) | 16,014,100 |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.10 |
Based on: 10-K (reporting date: 2021-10-03).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt: 3.29%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 1.33% | 503,100 | 6,711 | |
| 2.82% | 506,700 | 14,284 | |
| 3.11% | 1,035,900 | 32,185 | |
| 2.86% | 794,800 | 22,723 | |
| 0.46% | 761,000 | 3,516 | |
| 3.72% | 1,371,500 | 51,034 | |
| 2.51% | 526,400 | 13,218 | |
| 2.06% | 513,000 | 10,558 | |
| 3.53% | 663,200 | 23,404 | |
| 3.96% | 855,900 | 33,877 | |
| 3.84% | 1,109,900 | 42,620 | |
| 3.08% | 758,600 | 23,395 | |
| 2.58% | 1,286,900 | 33,228 | |
| 4.35% | 414,100 | 18,005 | |
| 3.77% | 556,500 | 20,952 | |
| 4.50% | 1,248,600 | 56,237 | |
| 4.45% | 1,241,000 | 55,187 | |
| 3.36% | 527,500 | 17,735 | |
| 3.53% | 1,339,500 | 47,258 | |
| Total | 16,014,100 | 526,126 | |
| 3.29% | |||
Based on: 10-K (reporting date: 2021-10-03).
1 US$ in thousands
2 Weighted-average interest rate = 100 × 526,126 ÷ 16,014,100 = 3.29%