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

Company name
Symbol
Financial leverage ratio
Starbucks Corporation
SBUX
Shake Shack Inc
SHAK
3.62
The Wendy’s Co
WEN
16.73

See also:

Starbucks Corporation Financial Leverage