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Analyze the financial statements of the company to you in terms of: 1) Liquidity  2) Solvency 3) Asset management 4) Debt management 5) Profitability 2020 Analysis BUT also compare with 2018 - 2019. Please show your solution on computation.

Analyze the financial statements of the company to you in terms of: 1) Liquidity  2) Solvency 3) Asset management 4) Debt management 5) Profitability 2020 Analysis BUT also compare with 2018 - 2019. Please show your solution on computation.

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 83E
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Analyze the financial statements of the company to you in terms of:
1) Liquidity 
2) Solvency
3) Asset management
4) Debt management
5) Profitability

2020 Analysis BUT also compare with 2018 - 2019.

Please show your solution on computation. 

Starbucks Corporation (SBUX) financial statements (2021 and earlier) Company profile РО ВОХ 34067 Business Address SEATTLE, WA 98124-1067 State of Incorp. WA Fiscal Year End September 30 SIC 581 - Eating And Drinking Places (benchmarking) More info Complete financial analysis Financial benchmarking Balance sheet (Statement of financial position) ($ in millions) Annual | Quarterly 12/31/2020 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015 TTM ASSETS Current Assets Cash, cash equivalents, and short-term 5,264 4,632 2,757 8,938 2,691 2,263 1,611 investments Cash and cash equivalents 5,028 4,351 2,687 8,756 2,462 2,129 1,530 Short-term investments 236 281 71 182 229 134 81 Receivables 1,221 1,269 1,020 1,649 925 825 756 Inventory, net of allowances, customer advances and progress billings 1,472 1,551 1,529 1,401 1,364 1,379 1,306 Inventory 1,472 1,551 1,529 1,401 1,364 1,379 1,306 Prepaid expense 253 228 347 507 Deferred tax assets 382 Other undisclosed current assets 149 126 304 294 298 Total current assets: 8,358 7,806 5,654 12,494 5,283 4,761 4,353 Noncurrent Assets Operating lease, right-of-use asset 8,199 8,134 Property, plant and equipment 6,178 6,241 6,432 5,929 4,920 4,534 4,088 Long-term investments and receivables 426 336 335 1,024 1,496 665 Long-term investments 426 336 335 1,024 1,496 665 Intangible assets, net (including goodwill) 4,213 4,149 4,273 4,584 1,981 2,236 2,096 Goodwill 3,707 3,597 3,491 3,542 1,539 1,720 1,575 Intangible assets, net (excluding goodwill) 506 552 782 1,042 441 516 520 Other noncurrent assets 541 569 480 412 363 418 416 Deferred tax assets, net 135 795 885 829 Other undisclosed noncurrent assets 2,479 2,048 2,046 268 Total noncurrent assets: 21,611 21,568 13,566 11,662 9,082 9,569 8,093 TOTAL ASSETS: 29,968 29,375 19,220 24,156 14,366 14,330 12,446
Transcribed Image Text:Starbucks Corporation (SBUX) financial statements (2021 and earlier) Company profile РО ВОХ 34067 Business Address SEATTLE, WA 98124-1067 State of Incorp. WA Fiscal Year End September 30 SIC 581 - Eating And Drinking Places (benchmarking) More info Complete financial analysis Financial benchmarking Balance sheet (Statement of financial position) ($ in millions) Annual | Quarterly 12/31/2020 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015 TTM ASSETS Current Assets Cash, cash equivalents, and short-term 5,264 4,632 2,757 8,938 2,691 2,263 1,611 investments Cash and cash equivalents 5,028 4,351 2,687 8,756 2,462 2,129 1,530 Short-term investments 236 281 71 182 229 134 81 Receivables 1,221 1,269 1,020 1,649 925 825 756 Inventory, net of allowances, customer advances and progress billings 1,472 1,551 1,529 1,401 1,364 1,379 1,306 Inventory 1,472 1,551 1,529 1,401 1,364 1,379 1,306 Prepaid expense 253 228 347 507 Deferred tax assets 382 Other undisclosed current assets 149 126 304 294 298 Total current assets: 8,358 7,806 5,654 12,494 5,283 4,761 4,353 Noncurrent Assets Operating lease, right-of-use asset 8,199 8,134 Property, plant and equipment 6,178 6,241 6,432 5,929 4,920 4,534 4,088 Long-term investments and receivables 426 336 335 1,024 1,496 665 Long-term investments 426 336 335 1,024 1,496 665 Intangible assets, net (including goodwill) 4,213 4,149 4,273 4,584 1,981 2,236 2,096 Goodwill 3,707 3,597 3,491 3,542 1,539 1,720 1,575 Intangible assets, net (excluding goodwill) 506 552 782 1,042 441 516 520 Other noncurrent assets 541 569 480 412 363 418 416 Deferred tax assets, net 135 795 885 829 Other undisclosed noncurrent assets 2,479 2,048 2,046 268 Total noncurrent assets: 21,611 21,568 13,566 11,662 9,082 9,569 8,093 TOTAL ASSETS: 29,968 29,375 19,220 24,156 14,366 14,330 12,446
LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts payable and accrued liabilities 3,503 2,953 4,900 3,478 2,717 2,730 3,523 Accounts payable 1,051 998 1,190 1,179 783 731 684 Accrued liabilities 1,617 1,161 1,754 2,298 1,935 1,999 1,761 Employee-related liabilities 685 696 665 522 Taxes payable 150 98 1,292 259 Interest and dividends payable 297 Deferred revenue 1,871 1,457 1,269 Debt 1,243 1,689 350 400 Deferred compensation liability 91 102 98 Self insurance reserve 214 215 246 225 Deferred revenue and credits 1,289 1,171 984 Deferred tax liabilities 5 Other undisclosed current liabilities 1,268 1,157 1,541 (1,182) Total current liabilities: 7,884 7,347 6,169 5,684 4,221 4,547 3,654 Noncurrent Liabilities Long-term debt and lease obligation 22,428 22,321 11,167 9,090 3,933 3,202 2,348 Long-term debt, excluding current 14,674 14,660 11,167 9,090 3,933 3,202 2,348 maturities Operating lease, liability 7,755 7,662 Liabilities, other than long-term debt 6,630 6,745 6,852 314 755 690 753 Deferred revenue 6,598 6,599 6,744 Asset retirement obligations 111 96 82 60 Deferred tax liabilities, net 270 68 Other liabilities 755 690 625 Derivative instruments and hedges, 33 36 12 (39) liabilities Other undisclosed noncurrent liabilities 930 761 1,263 7,893 (128) Total noncurrent liabilities: 29,989 29,827 19,282 17,296 4,688 3,892 2,973 Total liabilities: 37,872 37,174 25,451 22,981 8,909 8,439 6,626 Stockholders' equity Stockholders' equity attributable to parent, including: (7,910) (7,805) (6,232) 1,170 5,450 5,884 5,818 Common stock 1 1 1 1 1 Additional paid in capital 489 374 41 41 41 41 41 Accumulated other comprehensive loss (146) (365) (503) (330) (156) (108) (199) Retained earnings (accumulated deficit) (8,254) (7,816) (5,771) 1,457 5,563 5,950 5,975 Other additional capital 39 Other undisclosed stockholders' equity attributable to parent (39) Stockholders' equity attributable to 6 6 1 6 7 noncontrolling interest Total stockholders' equity: (7,904) (7,799) (6,231) 1,176 5,457 5,891 5,820 TOTAL LIABILITIES AND EQUITY: 29,968 29,375 19,220 24,156 14,366 14,330 12,446
Transcribed Image Text:LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts payable and accrued liabilities 3,503 2,953 4,900 3,478 2,717 2,730 3,523 Accounts payable 1,051 998 1,190 1,179 783 731 684 Accrued liabilities 1,617 1,161 1,754 2,298 1,935 1,999 1,761 Employee-related liabilities 685 696 665 522 Taxes payable 150 98 1,292 259 Interest and dividends payable 297 Deferred revenue 1,871 1,457 1,269 Debt 1,243 1,689 350 400 Deferred compensation liability 91 102 98 Self insurance reserve 214 215 246 225 Deferred revenue and credits 1,289 1,171 984 Deferred tax liabilities 5 Other undisclosed current liabilities 1,268 1,157 1,541 (1,182) Total current liabilities: 7,884 7,347 6,169 5,684 4,221 4,547 3,654 Noncurrent Liabilities Long-term debt and lease obligation 22,428 22,321 11,167 9,090 3,933 3,202 2,348 Long-term debt, excluding current 14,674 14,660 11,167 9,090 3,933 3,202 2,348 maturities Operating lease, liability 7,755 7,662 Liabilities, other than long-term debt 6,630 6,745 6,852 314 755 690 753 Deferred revenue 6,598 6,599 6,744 Asset retirement obligations 111 96 82 60 Deferred tax liabilities, net 270 68 Other liabilities 755 690 625 Derivative instruments and hedges, 33 36 12 (39) liabilities Other undisclosed noncurrent liabilities 930 761 1,263 7,893 (128) Total noncurrent liabilities: 29,989 29,827 19,282 17,296 4,688 3,892 2,973 Total liabilities: 37,872 37,174 25,451 22,981 8,909 8,439 6,626 Stockholders' equity Stockholders' equity attributable to parent, including: (7,910) (7,805) (6,232) 1,170 5,450 5,884 5,818 Common stock 1 1 1 1 1 Additional paid in capital 489 374 41 41 41 41 41 Accumulated other comprehensive loss (146) (365) (503) (330) (156) (108) (199) Retained earnings (accumulated deficit) (8,254) (7,816) (5,771) 1,457 5,563 5,950 5,975 Other additional capital 39 Other undisclosed stockholders' equity attributable to parent (39) Stockholders' equity attributable to 6 6 1 6 7 noncontrolling interest Total stockholders' equity: (7,904) (7,799) (6,231) 1,176 5,457 5,891 5,820 TOTAL LIABILITIES AND EQUITY: 29,968 29,375 19,220 24,156 14,366 14,330 12,446
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