Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

Analysis of Liquidity Ratios 

Microsoft Excel LibreOffice Calc

Liquidity ratios measure the company ability to meet its short-term obligations.


Liquidity Ratios (Summary)

Starbucks Corp., liquidity ratios

Microsoft Excel LibreOffice Calc
Oct 3, 2021 Sep 27, 2020 Sep 29, 2019 Sep 30, 2018 Oct 1, 2017 Oct 2, 2016
Current ratio 1.20 1.06 0.92 2.20 1.25 1.05
Quick ratio 0.93 0.75 0.59 1.69 0.84 0.67
Cash ratio 0.81 0.63 0.45 1.57 0.64 0.50

Based on: 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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Starbucks Corp. current ratio improved from 2019 to 2020 and from 2020 to 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Starbucks Corp. quick ratio improved from 2019 to 2020 and from 2020 to 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Starbucks Corp. cash ratio improved from 2019 to 2020 and from 2020 to 2021.

Current Ratio

Starbucks Corp., current ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Oct 3, 2021 Sep 27, 2020 Sep 29, 2019 Sep 30, 2018 Oct 1, 2017 Oct 2, 2016
Selected Financial Data (US$ in thousands)
Current assets 9,756,400  7,806,400  5,653,900  12,494,200  5,283,400  4,760,500 
Current liabilities 8,151,400  7,346,800  6,168,700  5,684,200  4,220,700  4,546,900 
Liquidity Ratio
Current ratio1 1.20 1.06 0.92 2.20 1.25 1.05
Benchmarks
Current Ratio, Competitors2
McDonald’s Corp. 1.78 1.01 0.98 1.36 1.84
Current Ratio, Sector
Consumer Services 1.39 1.04 0.94 1.91 1.49
Current Ratio, Industry
Consumer Discretionary 1.21 1.16 1.08 1.13 1.12

Based on: 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).

1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 9,756,400 ÷ 8,151,400 = 1.20

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Starbucks Corp. current ratio improved from 2019 to 2020 and from 2020 to 2021.

Quick Ratio

Starbucks Corp., quick ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Oct 3, 2021 Sep 27, 2020 Sep 29, 2019 Sep 30, 2018 Oct 1, 2017 Oct 2, 2016
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 6,455,700  4,350,900  2,686,600  8,756,300  2,462,300  2,128,800 
Short-term investments 162,200  281,200  70,500  181,500  228,600  134,400 
Accounts receivable, net 940,000  883,400  879,200  693,100  870,400  768,800 
Total quick assets 7,557,900  5,515,500  3,636,300  9,630,900  3,561,300  3,032,000 
 
Current liabilities 8,151,400  7,346,800  6,168,700  5,684,200  4,220,700  4,546,900 
Liquidity Ratio
Quick ratio1 0.93 0.75 0.59 1.69 0.84 0.67
Benchmarks
Quick Ratio, Competitors2
McDonald’s Corp. 1.64 0.90 0.86 1.11 1.54
Quick Ratio, Sector
Consumer Services 1.16 0.82 0.69 1.49 1.13
Quick Ratio, Industry
Consumer Discretionary 0.88 0.85 0.75 0.81 0.80

Based on: 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).

1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 7,557,900 ÷ 8,151,400 = 0.93

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Starbucks Corp. quick ratio improved from 2019 to 2020 and from 2020 to 2021.

Cash Ratio

Starbucks Corp., cash ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Oct 3, 2021 Sep 27, 2020 Sep 29, 2019 Sep 30, 2018 Oct 1, 2017 Oct 2, 2016
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 6,455,700  4,350,900  2,686,600  8,756,300  2,462,300  2,128,800 
Short-term investments 162,200  281,200  70,500  181,500  228,600  134,400 
Total cash assets 6,617,900  4,632,100  2,757,100  8,937,800  2,690,900  2,263,200 
 
Current liabilities 8,151,400  7,346,800  6,168,700  5,684,200  4,220,700  4,546,900 
Liquidity Ratio
Cash ratio1 0.81 0.63 0.45 1.57 0.64 0.50
Benchmarks
Cash Ratio, Competitors2
McDonald’s Corp. 1.17 0.56 0.25 0.29 0.85
Cash Ratio, Sector
Consumer Services 0.93 0.60 0.37 1.13 0.72
Cash Ratio, Industry
Consumer Discretionary 0.68 0.66 0.55 0.59 0.59

Based on: 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).

1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 6,617,900 ÷ 8,151,400 = 0.81

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Starbucks Corp. cash ratio improved from 2019 to 2020 and from 2020 to 2021.