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 2, 2022 Oct 3, 2021 Sep 27, 2020 Sep 29, 2019 Sep 30, 2018 Oct 1, 2017
Accounts payable 5.15 3.86 3.40 6.19 4.88 5.45
Accrued occupancy costs 0.30 0.34 0.26 0.92 0.68 1.05
Accrued dividends payable 2.17 1.84 0.00 2.53 1.84 2.99
Accrued capital and other operating expenditures 3.14 2.68 2.31 3.66 3.09 4.19
Self-insurance reserves 0.83 0.73 0.83 1.10 0.88 1.50
Income taxes payable 0.50 1.11 0.33 6.72 0.43 0.00
Accrued business taxes 0.70 0.69 0.55 0.92 0.76 1.58
Accrued liabilities 7.64% 7.39% 4.29% 15.85% 7.68% 11.31%
Accrued payroll and benefits 2.72 2.46 2.37 3.46 2.72 3.65
Current portion of operating lease liability 4.45 3.99 4.25 0.00 0.00 0.00
Stored value card liability and current portion of deferred revenue 5.87 5.08 4.96 6.60 6.80 8.97
Short-term debt 0.63 0.00 1.49 0.00 0.00 0.00
Current portion of long-term debt 6.25 3.18 4.26 0.00 1.45 0.00
Current liabilities 32.71% 25.97% 25.01% 32.10% 23.53% 29.38%
Long-term debt, excluding current portion 46.89 43.38 49.91 58.10 37.63 27.38
Operating lease liability, excluding current portion 26.86 24.65 26.08 0.00 0.00 0.00
Deferred revenue 22.44 20.59 22.46 35.09 28.05 0.03
Other long-term liabilities 2.18 2.35 3.09 7.13 5.92 5.23
Long-term liabilities 98.38% 90.96% 101.54% 100.32% 71.60% 32.63%
Total liabilities 131.09% 116.93% 126.55% 132.42% 95.13% 62.01%
Common stock; $0.001 par value 0.00 0.00 0.00 0.01 0.01 0.01
Additional paid-in capital 0.73 2.70 1.27 0.21 0.17 0.29
Retained earnings (deficit) -30.20 -20.12 -26.61 -30.03 6.03 38.73
Accumulated other comprehensive income (loss) -1.66 0.47 -1.24 -2.62 -1.37 -1.08
Shareholders’ equity (deficit) -31.12% -16.95% -26.57% -32.43% 4.84% 37.94%
Noncontrolling interests 0.03 0.02 0.02 0.01 0.03 0.05
Total equity (deficit) -31.09% -16.93% -26.55% -32.42% 4.87% 37.99%
Total liabilities and equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

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).

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 2020 to 2021 and from 2021 to 2022.
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) decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
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) decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
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) increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.