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This is based on Starbucks 2021 Annual Report. please do calculations. The blue box is the industry average for Asset Management Ratios and Debt Ratios
This is based on Starbucks 2021 Annual Report. please do calculations. The blue box is the industry average for Asset Management Ratios and Debt Ratios that I'm struggling to find.
STARBUCKS CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except per share data) ASSETS Cash and cash equivalents $ Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Long-term investments Equity investments Property, plant and equipment, net Operating lease, right-of-use asset Deferred income taxes, net Other long-term assets. Other intangible assets Goodwill TOTAL ASSETS Current liabilities: Current assets: LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT) Accounts payable Accrued liabilities Accrued payroll and benefits Income taxes payable 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 Total current liabilities Long-term debt Operating lease liability Deferred revenue Other long-term liabilities Total liabilities Shareholders' deficit: Common stock ($0.001 par value) authorized, 2,400.0 shares; issued and outstanding, 1,180,0 and 1,173,3 shares, respectively Additional paid-in capital Retained deficit Accumulated other comprehensive income/(loss) Total shareholders' deficit Noncontrolling interests Total deficit TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT) 43 Starbucks Corporation 2021 Form 10-K $ $ See Notes to Consolidated Financial Statements. Oct 3, 2021 6,455.7 S 162.2 940.0 1,603,9 594.6 9,756,4 281.7 268.5 6,369.5 8,236,0 1.874.8 578.5 349.9 3,677.3 31,392.6 S 1,211.6 S 1,973.2 772.3 348,0 1,251.3 1,596,1 998.9 8,151.4 13,616,9 7,738,0 6,463,0 737,8 36,707.1 1.2 846.1 (6,315.7) 147.2 (5,321.2) 6.7 (5,314.5) 31,392.6 S Sep 27, 2020 4,350,9 281.2 883.4 1,551,4 739.5 7,806.4 206,1 478.7 6,241.4 8,134.1 1,789,9 568,6 552,1 3,597.2 29,374.5 997.9 1,160,7 696,0 98.2 1,248,8 1,456,5 438.8 1,249.9 7,346,8 14,659,6 7,661,7 6,598,5 907.3 37,173,9 1.2 373.9 (7,815.6) (364.6) (7,805.1) 5.7 (7,799,4) 29,374.5 46 Item 8. Financial Statements and Supplementary Data Fiscal Year Ended Net revenues: Company-operated stores Licensed stores Other Total net revenues Product and distribution costs Store operating expenses Other operating expenses Depreciation and amortization expenses General and administrative expenses Restructuring and impairments Total operating expenses Income from equity investees Operating income Net gain resulting from divestiture of certain operations Interest income and other, net Interest expense Earnings before income taxes Income tax expense Net earnings including noncontrolling interests Net earnings/(loss) attributable to noncontrolling interests Net earnings attributable to Starbucks Earnings per share-basic Earnings per share-diluted Weighted average shares outstanding: Basic Diluted STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millions, except per share data) Oct 3, 2021 24,607,0 $ 2,683.6 1,770.0 29,060,6 8,738.7 11,930.9 359.5 1,441.7 1,932.6 170.4 24,573.8 385.3 4,872.1 864.5 90.1 (469.8) 5,356.9 1,156.6 4,200.3 1.0 4,199.3 $ 3.57 $ 3.54 $ 1,177.6 1,185.5 See Notes to Consolidated Financial Statements. Sep 27, 2020 19,164,6 S 2,327,1 2,026.3 23,518.0 7,694.9 10,764,0 430.3 1,431.3 1,679,6 278,7 22,278,8 322.5 1,561,7 39.7 (437,0) 1,164.4 239.7 924.7 (3.6) 928.3 S 0.79 S 0.79 S 1,172,8 1,181,8 Sep 29, 2019 21,544.4 2,875.0 2,089.2 26,508.6 8,526,9 10,493.6 371.0 1,377.3 1,824.1 135.8 22,728.7 298.0 4,077.9 622.8 96.5 (331.0) 4,466.2 871.6 3,594.6 (4.6) 3,599.2 2.95 2.92 1,221.2 1,233,2 44 Asset Management Ratios Inventory Cost of Goods Sold Turnover Inventory* Accts Receivable Sales Turnover Accts Receivable* *Textbooks generally use "average" for the year (beginning + ending)/2, but it's OK to use ending only 2021 2020 Debt (Leverage) (Long-term Solvency) Ratios Debt to Total Liabilities Assets Total Assets Debt to Total Liabilities Equity Total Equity Times interest EBIT* Earned Interest expense * EBIT means "Eamings before Interest and Taxes" 2020 2021
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