Stock Analysis on Net
Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity Ratios (Summary)

Starbucks Corp., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Jan 1, 2017 Oct 2, 2016 Jun 26, 2016 Mar 27, 2016 Dec 27, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015 Dec 28, 2014
Current ratio 1.06 1.06 0.95 0.70 0.68 0.92 1.31 0.94 1.41 2.20 1.01 1.09 1.01 1.25 1.37 1.23 1.05 1.05 1.14 0.89 1.07 1.19 1.18 1.21 1.28
Quick ratio 0.78 0.75 0.63 0.43 0.46 0.59 0.95 0.54 1.05 1.69 0.51 0.60 0.68 0.84 0.94 0.80 0.69 0.67 0.72 0.50 0.71 0.64 0.70 0.71 0.74
Cash ratio 0.67 0.63 0.52 0.32 0.36 0.45 0.82 0.40 0.92 1.57 0.36 0.43 0.55 0.64 0.75 0.60 0.49 0.50 0.55 0.33 0.54 0.44 0.54 0.53 0.55

Based on: 10-Q (filing date: 2021-01-26), 10-K (filing date: 2020-11-12), 10-Q (filing date: 2020-07-28), 10-Q (filing date: 2020-04-28), 10-Q (filing date: 2020-01-28), 10-K (filing date: 2019-11-15), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Starbucks Corp.’s current ratio improved from Q3 2020 to Q4 2020 but then slightly deteriorated from Q4 2020 to Q1 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Starbucks Corp.’s quick ratio improved from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Starbucks Corp.’s cash ratio improved from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.

Current Ratio

Starbucks Corp., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Jan 1, 2017 Oct 2, 2016 Jun 26, 2016 Mar 27, 2016 Dec 27, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015 Dec 28, 2014
Selected Financial Data (US$ in thousands)
Current assets 8,357,500  7,806,400  7,581,000  5,749,900  5,899,700  5,653,900  7,734,800  4,952,300  7,676,300  12,494,200  5,583,400  5,657,000  6,883,500  5,283,400  5,509,300  4,919,400  4,616,200  4,760,500  4,856,200  3,883,500  4,727,700  4,352,700  4,760,700  4,245,400  4,546,100 
Current liabilities 7,883,900  7,346,800  8,002,000  8,265,800  8,675,500  6,168,700  5,895,800  5,273,400  5,427,500  5,684,200  5,551,600  5,187,000  6,841,100  4,220,700  4,026,500  4,000,100  4,397,300  4,546,900  4,245,200  4,351,200  4,420,100  3,653,500  4,049,200  3,521,200  3,557,500 
Liquidity Ratio
Current ratio1 1.06 1.06 0.95 0.70 0.68 0.92 1.31 0.94 1.41 2.20 1.01 1.09 1.01 1.25 1.37 1.23 1.05 1.05 1.14 0.89 1.07 1.19 1.18 1.21 1.28
Benchmarks
Current Ratio, Competitors2
Booking Holdings Inc. 3.17 2.93 2.24 1.83 1.82 1.58 1.27 2.36 2.41 1.92 2.14 2.58 2.52 2.20 2.15 1.89 2.01 2.68 2.45 2.47 2.72 2.43 3.50
McDonald’s Corp. 1.01 1.07 0.91 1.90 0.98 0.84 1.21 1.47 1.36 1.53 1.47 1.74 1.84 1.28 2.15 1.83 1.40 0.96 1.89 1.77

Based on: 10-Q (filing date: 2021-01-26), 10-K (filing date: 2020-11-12), 10-Q (filing date: 2020-07-28), 10-Q (filing date: 2020-04-28), 10-Q (filing date: 2020-01-28), 10-K (filing date: 2019-11-15), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27).

1 Q1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 8,357,500 ÷ 7,883,900 = 1.06

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.’s current ratio improved from Q3 2020 to Q4 2020 but then slightly deteriorated from Q4 2020 to Q1 2021.

Quick Ratio

Starbucks Corp., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Jan 1, 2017 Oct 2, 2016 Jun 26, 2016 Mar 27, 2016 Dec 27, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015 Dec 28, 2014
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 5,028,100  4,350,900  3,965,900  2,572,300  3,040,500  2,686,600  4,763,300  2,055,100  4,761,600  8,756,300  1,892,100  2,142,000  3,661,400  2,462,300  2,716,200  2,163,900  2,034,600  2,128,800  2,141,800  1,294,400  2,263,500  1,530,100  2,080,500  1,750,400  1,857,000 
Short-term investments 235,500  281,200  229,900  52,900  68,400  70,500  72,100  76,600  230,200  181,500  84,500  100,500  106,600  228,600  289,900  231,000  140,800  134,400  174,500  123,200  116,400  81,300  94,700  99,400  96,100 
Accounts receivable, net 888,000  883,400  881,100  941,000  908,100  879,200  790,600  703,600  721,400  693,100  854,800  869,600  851,800  870,400  791,100  791,000  865,100  768,800  747,300  743,700  764,400  719,000  672,700  655,600  664,900 
Total quick assets 6,151,600  5,515,500  5,076,900  3,566,200  4,017,000  3,636,300  5,626,000  2,835,300  5,713,200  9,630,900  2,831,400  3,112,100  4,619,800  3,561,300  3,797,200  3,185,900  3,040,500  3,032,000  3,063,600  2,161,300  3,144,300  2,330,400  2,847,900  2,505,400  2,618,000 
 
Current liabilities 7,883,900  7,346,800  8,002,000  8,265,800  8,675,500  6,168,700  5,895,800  5,273,400  5,427,500  5,684,200  5,551,600  5,187,000  6,841,100  4,220,700  4,026,500  4,000,100  4,397,300  4,546,900  4,245,200  4,351,200  4,420,100  3,653,500  4,049,200  3,521,200  3,557,500 
Liquidity Ratio
Quick ratio1 0.78 0.75 0.63 0.43 0.46 0.59 0.95 0.54 1.05 1.69 0.51 0.60 0.68 0.84 0.94 0.80 0.69 0.67 0.72 0.50 0.71 0.64 0.70 0.71 0.74
Benchmarks
Quick Ratio, Competitors2
Booking Holdings Inc. 3.04 2.81 1.90 1.68 1.67 1.38 1.04 2.20 2.25 1.73 1.89 2.46 2.40 2.02 1.94 1.81 1.89 2.42 2.13 2.29 2.49 2.11 3.14
McDonald’s Corp. 0.90 0.97 0.84 1.77 0.86 0.74 0.98 1.27 1.11 1.33 1.29 1.57 1.54 1.13 1.40 1.16 0.78 0.81 1.65 1.56

Based on: 10-Q (filing date: 2021-01-26), 10-K (filing date: 2020-11-12), 10-Q (filing date: 2020-07-28), 10-Q (filing date: 2020-04-28), 10-Q (filing date: 2020-01-28), 10-K (filing date: 2019-11-15), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27).

1 Q1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 6,151,600 ÷ 7,883,900 = 0.78

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.’s quick ratio improved from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.

Cash Ratio

Starbucks Corp., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Jan 1, 2017 Oct 2, 2016 Jun 26, 2016 Mar 27, 2016 Dec 27, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015 Dec 28, 2014
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 5,028,100  4,350,900  3,965,900  2,572,300  3,040,500  2,686,600  4,763,300  2,055,100  4,761,600  8,756,300  1,892,100  2,142,000  3,661,400  2,462,300  2,716,200  2,163,900  2,034,600  2,128,800  2,141,800  1,294,400  2,263,500  1,530,100  2,080,500  1,750,400  1,857,000 
Short-term investments 235,500  281,200  229,900  52,900  68,400  70,500  72,100  76,600  230,200  181,500  84,500  100,500  106,600  228,600  289,900  231,000  140,800  134,400  174,500  123,200  116,400  81,300  94,700  99,400  96,100 
Total cash assets 5,263,600  4,632,100  4,195,800  2,625,200  3,108,900  2,757,100  4,835,400  2,131,700  4,991,800  8,937,800  1,976,600  2,242,500  3,768,000  2,690,900  3,006,100  2,394,900  2,175,400  2,263,200  2,316,300  1,417,600  2,379,900  1,611,400  2,175,200  1,849,800  1,953,100 
 
Current liabilities 7,883,900  7,346,800  8,002,000  8,265,800  8,675,500  6,168,700  5,895,800  5,273,400  5,427,500  5,684,200  5,551,600  5,187,000  6,841,100  4,220,700  4,026,500  4,000,100  4,397,300  4,546,900  4,245,200  4,351,200  4,420,100  3,653,500  4,049,200  3,521,200  3,557,500 
Liquidity Ratio
Cash ratio1 0.67 0.63 0.52 0.32 0.36 0.45 0.82 0.40 0.92 1.57 0.36 0.43 0.55 0.64 0.75 0.60 0.49 0.50 0.55 0.33 0.54 0.44 0.54 0.53 0.55
Benchmarks
Cash Ratio, Competitors2
Booking Holdings Inc. 2.82 2.66 1.74 1.36 1.35 1.07 0.77 1.77 1.81 1.40 1.54 2.12 2.00 1.69 1.65 1.50 1.51 1.98 1.70 1.84 1.93 1.65 2.72
McDonald’s Corp. 0.56 0.59 0.45 1.35 0.25 0.28 0.35 0.68 0.29 0.71 0.55 0.87 0.85 0.71 0.87 0.75 0.35 0.51 1.17 1.16

Based on: 10-Q (filing date: 2021-01-26), 10-K (filing date: 2020-11-12), 10-Q (filing date: 2020-07-28), 10-Q (filing date: 2020-04-28), 10-Q (filing date: 2020-01-28), 10-K (filing date: 2019-11-15), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27).

1 Q1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 5,263,600 ÷ 7,883,900 = 0.67

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.’s cash ratio improved from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.