Starbucks Corporation (SBUX)
Financial leverage ratio
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 29,445,500 | 27,978,400 | 31,392,600 | 29,374,500 | 19,219,600 |
| Total stockholders’ equity | US$ in thousands | -7,994,800 | -8,706,600 | -5,321,200 | -7,805,100 | -6,232,200 |
| Financial leverage ratio | — | — | — | — | — |
September 30, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $29,445,500K ÷ $-7,994,800K
= —
To calculate the financial leverage ratio, we need data on total assets and total equity. Unfortunately, the table provided does not contain this information. The financial leverage ratio measures the extent to which a company uses debt to finance its operations. It indicates the proportion of a company's assets that are financed by debt compared to equity. A higher financial leverage ratio implies a greater reliance on debt financing, which can amplify returns but also increase financial risk. Without the specific figures for total assets and total equity, it is not possible to analyze the trend or level of financial leverage for Starbucks Corporation over the years referenced in the table.
Peer comparison
Sep 30, 2023