Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

$24.99

Current Ratio
since 2005

Microsoft Excel

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Calculation

Starbucks Corp., current ratio, long-term trends, calculation

Microsoft Excel

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), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01), 10-K (reporting date: 2016-10-02), 10-K (reporting date: 2015-09-27), 10-K (reporting date: 2014-09-28), 10-K (reporting date: 2013-09-29), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-10-02), 10-K (reporting date: 2010-10-03), 10-K (reporting date: 2009-09-27), 10-K (reporting date: 2008-09-28), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-10-01), 10-K (reporting date: 2005-10-02).

1 US$ in thousands


The analysis of the financial data over the observed periods reveals notable fluctuations in the liquidity position as reflected by current assets, current liabilities, and the current ratio.

Current Assets
Current assets exhibit an overall increasing trend from 1,209,334 thousand US dollars in the earliest period to a peak of 12,494,200 thousand US dollars before showing some volatility in later years. Significant growth is observed particularly between the periods ending in 2017 and 2018, where the value more than doubled. However, subsequent years show declines and moderate recoveries, indicating variability in short-term asset levels.
Current Liabilities
Current liabilities generally increase over time with some fluctuations. Starting from approximately 1,226,996 thousand US dollars, the liabilities escalate notably in certain years, such as the period ending in 2013 where liabilities more than doubled compared to the prior year. The upward movement continues into recent years, reaching levels above 10 million thousand US dollars in the latest periods, illustrating a rise in the company’s short-term obligations.
Current Ratio
The current ratio shows considerable variability, moving below 1.0 in several years, which suggests potential liquidity concerns during those periods. Initially, the ratio dips to 0.79 and remains close to or below this level for some years. It experiences a rise reaching a high of 2.2, indicating a strong liquidity position at that point. However, after this peak, the ratio declines steadily, falling below 1.0 again in recent years to values near 0.72. This decline implies a decreasing cushion of current assets relative to current liabilities, potentially signaling tighter liquidity management or increasing short-term financial pressure.

In summary, while the company has notably increased its current assets and current liabilities over the long term, the liquidity ratio exhibits volatility, with periods of strong liquidity followed by declining ratios that fall below the benchmark of 1.0. This pattern highlights fluctuating short-term financial stability and indicates areas where liquidity management warrants attention.


Comparison to Competitors

Starbucks Corp., current ratio, long-term trends, comparison to competitors

Microsoft Excel

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), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01), 10-K (reporting date: 2016-10-02), 10-K (reporting date: 2015-09-27), 10-K (reporting date: 2014-09-28), 10-K (reporting date: 2013-09-29), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-10-02), 10-K (reporting date: 2010-10-03), 10-K (reporting date: 2009-09-27), 10-K (reporting date: 2008-09-28), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-10-01), 10-K (reporting date: 2005-10-02).


Comparison to Sector (Consumer Services)


Comparison to Industry (Consumer Discretionary)