Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Starbucks Corp., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jun 29, 2025 Mar 30, 2025 Dec 29, 2024 Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Inventories
Prepaid expenses and other current assets
Current assets
Long-term investments
Equity investments
Property, plant and equipment, net
Operating lease, right-of-use asset
Deferred income taxes, net
Other long-term assets
Other intangible assets
Goodwill
Long-term assets
Total assets

Based on: 10-Q (reporting date: 2025-06-29), 10-Q (reporting date: 2025-03-30), 10-Q (reporting date: 2024-12-29), 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).


Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets shows notable volatility over the periods analyzed. Starting at 23.83%, it declines sharply to 9.36% by March 2020, possibly reflecting increased cash utilization. Subsequently, it experiences fluctuations, generally ranging between 8.44% and 16.78%. The most recent periods indicate a moderate increase, reaching 12.4% by June 2025.
Short-Term Investments
Short-term investments constitute a relatively small fraction of total assets, typically under 1.5%. An overall modest upward trend is observed, with occasional dips; for example, values increase from 0.19% in March 2020 to a peak of 1.36% in December 2020, then fluctuate but stabilize near 1% in the most recent periods.
Accounts Receivable, Net
Accounts receivable as a percentage of total assets remains fairly stable, oscillating between approximately 2.96% and 4.2%. Slight upward movements are noted in the 2022–2023 period, indicating potential increases in credit extended or sales on account, but no significant long-term trend emerges.
Inventories
There is evident variability in inventory levels relative to total assets. Initially increasing from 6.78% to around 8.18% in early 2019, a decline to about 4.91% occurs by late 2020, followed by a gradual increase into mid-2022 reaching up to 7.78%. Post-2022, inventory levels show slight fluctuations but remain generally within the 5.4% to 6.7% band.
Prepaid Expenses and Other Current Assets
This category declines from 3.82% to near 1.28% over the analyzed timeline, indicating possible improvements in asset turnover or changes in operating prepayments. Some minor fluctuations occur but the overall trend is downward.
Current Assets
The aggregate proportion of current assets to total assets declines notably from 38.42% in late 2018 to a low around 20.92% in early 2020, corresponding to cash and equivalents movements. A recovery follows, rising to over 31% in late 2021, but thereafter current assets percentages stabilize mostly in the low to mid-20% range.
Long-Term Investments
Long-term investments represent a minor component, generally below 1.5% of total assets. Slight declines around 2019 and 2024 are evident, but the relative proportion remains largely stable over time.
Equity Investments
An increase in equity investments as a percentage of total assets is observed starting near 1.68% in 2018, climbing gradually towards approximately 1.5%–1.6% in later periods. Noteworthy is the dip to 0.86% around 2021, followed by recovery, suggesting either divestiture or valuation adjustments during that time.
Property, Plant, and Equipment, Net
This asset class shows a downward shift between 2018 and 2020, from roughly 30.22% to near 20.61%, implying asset sales or revaluation. From 2020 onward, a steady increase is seen, reaching approximately 27% by late 2024 and mid-2025, indicating renewed investment or asset additions.
Operating Lease, Right-of-Use Asset
Reported starting late 2019, this category consistently represents a significant asset portion, roughly between 26% and 30%. The proportion remains relatively stable, with minor fluctuations, reflecting lease commitments embedded in long-term assets.
Deferred Income Taxes, Net
Deferred income taxes as a percentage of total assets increase from 3.25% in 2018 up to a peak around 9.19% in 2019, after which they decline and stabilize between 5.4% and 6.5%, suggesting changes in tax liabilities or asset basis adjustments.
Other Long-Term Assets
These assets maintain a moderate proportion, fluctuating between about 1.75% and 2.63%. There is no clear directional trend over time, indicating consistent relative importance within total assets.
Other Intangible Assets
A marked decline is observed in other intangible assets, dropping from nearly 4.91% in 2018 to about 0.32% by late 2024, with a slight uptick to 0.5% in some subsequent quarters. This trend suggests amortization or impairment of intangible assets.
Goodwill
Goodwill as a percentage of total assets decreases significantly from 17.82% in 2018 to around 10% by 2025. The decline is gradual and steady, likely reflecting impairments or reclassifications, although some minor fluctuations occur.
Long-Term Assets
Long-term assets constitute the majority of total assets, increasing from approximately 61.58% in late 2018 to as high as 78.78% in early 2025. The trend indicates a shift towards long-term asset holdings, supported by stable proportions in key categories such as operating leases and fixed assets, despite declines in intangible assets and goodwill.
Total Assets
By definition, total assets remain constant at 100%, with shifts occurring among asset categories reflecting strategic allocation and asset management decisions over time.