Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
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
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
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
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. |