Starbucks Corporation (SBUX)
Financial leverage ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 31,339,300 | 29,445,500 | 27,978,400 | 31,392,600 | 29,374,500 |
| Total stockholders’ equity | US$ in thousands | -7,448,900 | -7,994,800 | -8,706,600 | -5,321,200 | -7,805,100 |
| Financial leverage ratio | — | — | — | — | — |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $31,339,300K ÷ $-7,448,900K
= —
The financial leverage ratio for Starbucks Corporation is not provided in the table. To calculate the financial leverage ratio, we would need data on the company's total assets and total equity. This ratio helps in understanding the extent to which a company is financing its operations through debt as opposed to equity. A high financial leverage ratio indicates higher dependence on debt financing, which can amplify returns but also increase financial risk. Conversely, a low ratio suggests less reliance on debt financing and could signify a conservative approach to capital structure. Without the specific data, a detailed analysis of how Starbucks utilizes debt in its capital structure cannot be provided.
Peer comparison
Sep 30, 2024