Analysis of Debt
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- Income Statement
- Statement of Comprehensive Income
- Balance Sheet: Assets
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Operating Profit Margin since 2005
- Debt to Equity since 2005
- Total Asset Turnover since 2005
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Total Debt (Carrying Amount)
Starbucks Corp., balance sheet: debt
US$ in thousands
| Sep 28, 2025 | Sep 29, 2024 | Oct 1, 2023 | Oct 2, 2022 | Oct 3, 2021 | Sep 27, 2020 | ||
|---|---|---|---|---|---|---|---|
| Current portion of long-term debt | |||||||
| Long-term debt, excluding current portion | |||||||
| Total debt (carrying amount) |
Based on: 10-K (reporting date: 2025-09-28), 10-K (reporting date: 2024-09-29), 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).
- Current Portion of Long-term Debt
- The current portion of long-term debt displayed a noticeable fluctuation over the observed periods. Starting at approximately 1,249,900 thousand USD, it declined to 998,900 thousand USD in the following year. Subsequently, it sharply increased to 1,749,000 thousand USD and further to 1,818,600 thousand USD. In the most recent periods, this figure decreased again to 1,248,900 thousand USD before rising to 1,498,900 thousand USD. This pattern indicates variability in short-term debt obligations, reflecting changing refinancing or repayment schedules.
- Long-term Debt, Excluding Current Portion
- The long-term debt excluding the current portion showed a general downward trend initially, starting from 14,659,600 thousand USD and decreasing steadily to 13,616,900 thousand USD, then to 13,119,900 thousand USD. Thereafter, it reversed course and increased over the following periods, reaching 13,547,600 thousand USD, then rising more significantly to 14,319,500 thousand USD and 14,575,900 thousand USD respectively. This suggests a strategy that initially focused on reducing long-term liabilities before increasing them again in recent years, potentially indicating new debt issuance or refinancing at longer maturities.
- Total Debt (Carrying Amount)
- Total debt fluctuated throughout the years with a decline from 15,909,500 thousand USD to 14,615,800 thousand USD, followed by a moderate rise to 14,868,900 thousand USD and 15,366,200 thousand USD. The subsequent periods saw a steady increase in total debt, reaching 15,568,400 thousand USD and peaking at 16,074,800 thousand USD. This upward trajectory in total debt in recent years reflects an overall increase in the company's debt burden, driven by increases in both current and long-term debt components.
- Summary of Trends and Insights
- The debt profile over the reported periods reveals a dynamic approach to debt management, with initial efforts to reduce both current and long-term liabilities, followed by an increase in total debt in the most recent years. The variability in the current portion of long-term debt indicates adjustments in short-term debt maturity commitments, possibly linked to refinancing decisions or operational cash flow needs. The increase in long-term debt toward the later periods suggests renewed borrowing or rollover of debt at longer maturities. Overall, the company experienced a net increase in total debt, which may indicate greater leverage or financing for expansion, acquisitions, or other strategic initiatives. Continuous monitoring of the debt maturity schedule and cost of debt would be advisable to assess future financial risk.
Total Debt (Fair Value)
| Sep 28, 2025 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Commercial paper program | |
| Japanese Yen-denominated credit facilities | |
| Long-term debt, including current portion | |
| Total debt (fair value) | |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | |
Based on: 10-K (reporting date: 2025-09-28).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt:
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| Total | |||
Based on: 10-K (reporting date: 2025-09-28).
1 US$ in thousands
2 Weighted-average interest rate = 100 × ÷ =