SBUX  Starbucks Corporation

Exchange

NASDAQ

Sector

Consumer Services

Industry

Restaurants

Market Cap.

84.00B

Weak Balance Sheet

SBUX's financial position is not ideal. The key is to check whether SBUX is using debt to fuel its growth and the sustainability of that tendency. Highly capital intensive businesses (see Economic Moat) follow this route, which can deeply impact the future prospects of the business.
Figures in USD. Fiscal year ends in September
2007200820092010201120122013201420152016
Cash 438.69M 322.30M 666.10M 1.45B 2.05B 2.04B 3.23B 1.84B 1.61B 2.26B
Current Assets 1.70B 1.75B 2.04B 2.76B 3.79B 4.20B 5.47B 4.17B 4.35B 4.76B
Total Assets 5.34B 5.67B 5.58B 6.39B 7.36B 8.22B 11.52B 10.75B 12.45B 14.33B
Current Liabilities 2.16B 2.19B 1.58B 1.78B 2.08B 2.21B 5.38B 3.04B 3.65B 4.55B
Total Liabilities 3.06B 3.18B 2.53B 2.71B 2.98B 3.11B 7.04B 5.48B 6.63B 8.45B
Stockholder' Equity 2.28B 2.49B 3.05B 3.67B 4.38B 5.11B 4.48B 5.27B 5.82B 5.88B
Current Ratio 0.79 0.80 1.29 1.55 1.83 1.90 1.02 1.37 1.19 1.05
TL-to-TA 0.57 0.56 0.45 0.42 0.40 0.38 0.61 0.51 0.53 0.59

Consistent Reinvestment of Profits over the past 10 years

SBUX has consistently retained profits. This may put SBUX in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, SBUX can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in September
2007200820092010201120122013201420152016
Retained Earnings 2.19B 2.40B 2.79B 3.47B 4.30B 5.05B 4.13B 5.21B 5.97B 5.95B
Retained Earnings Growth - 9.73% 16.27% 24.27% 23.80% 17.42% -18.15% 26.06% 14.75% -0.42%