Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

Analysis of Debt 

Microsoft Excel

Total Debt (Carrying Amount)

Starbucks Corp., balance sheet: debt

US$ in thousands

Microsoft Excel
Oct 2, 2022 Oct 3, 2021 Sep 27, 2020 Sep 29, 2019 Sep 30, 2018 Oct 1, 2017
Current portion of long-term debt 1,749,000 998,900 1,249,900 349,900
Long-term debt, excluding current portion 13,119,900 13,616,900 14,659,600 11,167,000 9,090,200 3,932,600
Total debt (carrying amount) 14,868,900 14,615,800 15,909,500 11,167,000 9,440,100 3,932,600

Based on: 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), 10-K (reporting date: 2017-10-01).

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 decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.

Total Debt (Fair Value)

Microsoft Excel
Oct 2, 2022
Selected Financial Data (US$ in thousands)
Commercial paper program 175,000
Japanese Yen-denominated credit facilities
Long-term debt, including current portion 13,052,000
Total debt (fair value) 13,227,000
Financial Ratio
Debt, fair value to carrying amount ratio 0.89

Based on: 10-K (reporting date: 2022-10-02).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt: 3.30%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
3.11% 996,500 30,961
2.86% 744,800 21,294
3.14% 497,300 15,630
0.46% 584,700 2,701
3.72% 1,209,600 45,009
2.51% 458,300 11,508
2.06% 437,900 9,012
3.53% 554,800 19,579
3.96% 704,700 27,892
3.84% 900,300 34,572
3.08% 607,700 18,741
2.58% 1,017,900 26,282
3.16% 827,100 26,095
4.35% 281,500 12,240
3.77% 369,600 13,915
4.50% 824,600 37,140
4.45% 817,800 36,368
3.36% 342,000 11,498
3.53% 874,900 30,866
Total 13,052,000 431,304
3.30%

Based on: 10-K (reporting date: 2022-10-02).

1 US$ in thousands

2 Weighted-average interest rate = 100 × 431,304 ÷ 13,052,000 = 3.30%