Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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Starbucks Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Sep 28, 2025 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
Accounts payable
Accrued liabilities
Accrued payroll and benefits
Current portion of operating lease liability
Stored value card liability and current portion of deferred revenue
Short-term debt
Current portion of long-term debt
Current liabilities
Long-term debt, excluding current portion
Operating lease liability, excluding current portion
Deferred revenue
Other long-term liabilities
Long-term liabilities
Total liabilities
Common stock; $0.001 par value
Additional paid-in capital
Retained deficit
Accumulated other comprehensive income (loss)
Shareholders’ deficit
Noncontrolling interests
Total deficit
Total liabilities and deficit

Based on: 10-K (reporting date: 2025-09-28), 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).


Accounts payable
The proportion of accounts payable relative to total liabilities and deficit increased steadily from 3.91% at the end of 2019 to a peak of 6.05% in March 2025, then slightly declined to around 5.7% by the end of September 2025. This indicates a growing reliance on accounts payable over time.
Accrued liabilities
There was a notable decrease in accrued liabilities from 11% at the end of 2019 to around 4.29% by September 2020. After this, the percentage generally increased and stabilized around the 6.5%-7.5% range, showing some recovery and consistent accrual practices.
Accrued payroll and benefits
This category displayed a gradual increase from just above 2% in late 2019 to 3.42% by September 2025, with fluctuations. This trend implies a mild growth in accrued payroll obligations relative to total liabilities and deficit.
Current portion of operating lease liability
The current portion of operating lease liability remained relatively stable, fluctuating narrowly between 3.99% and 4.89%, reflecting consistent short-term lease obligations as a portion of total liabilities and deficit.
Stored value card liability and current portion of deferred revenue
This liability segment showed variability, dipping below 5% in mid-2020, then rising to peaks above 7.5% periodically, suggesting variation in deferred revenue and stored card usage but with an overall moderate upward bias during the period.
Short-term debt
Short-term debt fluctuated considerably, peaking around 4% in early 2020, then mostly declining and becoming negligible or missing in the later periods, indicating a decrease in reliance on short-term borrowings.
Current portion of long-term debt
This metric showed volatility, featuring spikes above 6% in early 2022 and late 2024, but with gaps in reporting in some periods. Such movements suggest episodic repayments or refinancings of long-term debt maturing shortly.
Current liabilities
Current liabilities as a percentage of total liabilities and deficit showed initial decline from 31.28% in late 2019 to around 25% by late 2020, then oscillated mostly within 25% to 33%. This reflects some variability in short-term obligations over the observed periods.
Long-term debt, excluding current portion
Long-term debt excluding the current portion increased from about 38% at the end of 2019 to around 50% mid-2020, followed by a reduction and renewed fluctuations between 42% and 52%. This indicates a significant and variable portion of liabilities is tied up in long-term debt commitments.
Operating lease liability, excluding current portion
The non-current operating lease liabilities stayed relatively steady between roughly 24.6% and 28.3%, indicating stable long-term lease commitments over the timeline.
Deferred revenue
Deferred revenue consistently declined over the period from approximately 24.3% to below 18%, signifying a decrease in unearned revenues relative to total liabilities and deficit.
Other long-term liabilities
Other long-term liabilities experienced minor fluctuations within a narrow band around 1.6% to 3.2%, showing no major shifts in this category.
Long-term liabilities
The aggregate long-term liabilities percentage grew over time, with figures exceeding 100% in some quarters due to the accounting structure involving deficit components, but generally trending around 90% to 104%, suggesting long-term obligations are the dominant component of total liabilities.
Total liabilities
Total liabilities remained relatively stable as a portion of total liabilities and deficit, fluctuating narrowly in the 120%-130% range throughout the timeline, indicating that liabilities represent a substantial majority of the company's financing structure.
Common stock; $0.001 par value
This item showed no change, consistently remaining at 0%, indicating minimal impact on overall liabilities and deficit as measured.
Additional paid-in capital
Additional paid-in capital as a share of total liabilities and deficit had minor fluctuations, rising from near zero to above 2.4% at points, then stabilizing around 1% to 2%, reflecting moderate equity contributions relative to liabilities.
Retained deficit
The retained deficit remained a substantial negative component, deepening from about -23% in late 2019 to nearly -31% in early 2022, before improving somewhat toward -22.8% by mid-2025, reflecting ongoing accumulated losses or deficit reduction efforts.
Accumulated other comprehensive income (loss)
This financial element oscillated between negative and positive values, generally hovering near zero but trending more negative (around -2.7%) in some quarters, indicative of fluctuating unrealized gains or losses impacting overall deficit.
Shareholders’ deficit
The shareholders’ deficit mirrored retained deficit trends, deepening from about -24% to over -31% by late 2022, then recovering somewhat to around -23% to -25% in the latest quarters, highlighting persistent negative equity pressure.
Noncontrolling interests
Noncontrolling interests remained a negligible component, consistently close to zero, with slight positive or negative variances.
Total deficit
Total deficit followed the trends of retained earnings and shareholders' deficit, deepening early on and showing modest recovery starting in 2023, though remaining significantly negative throughout the entire timeline.
Total liabilities and deficit
By definition, total liabilities and deficit was constant at 100%, providing the base for all relative measurements and reaffirming the proportional analyses of all categories considered.