GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Starbucks Corp (NAS:SBUX) » Definitions » Total Assets

Starbucks (Starbucks) Total Assets

: $29,180 Mil (As of Dec. 2023)
View and export this data going back to 1992. Start your Free Trial

Starbucks's Total Assets for the quarter that ended in Dec. 2023 was $29,180 Mil.

During the past 12 months, Starbucks's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 1.00% per year. During the past 5 years, the average Total Assets Growth Rate was 11.50% per year. During the past 10 years, the average Total Assets Growth Rate was 13.60% per year.

During the past 13 years, Starbucks's highest 3-Year average Total Assets Growth Rate was 88.20%. The lowest was -0.30%. And the median was 18.80%.

Total Assets is connected with ROA %. Starbucks's annualized ROA % for the quarter that ended in Dec. 2023 was 13.98%. Total Assets is also linked to Revenue through Asset Turnover. Starbucks's Asset Turnover for the quarter that ended in Dec. 2023 was 0.32.


Starbucks Total Assets Historical Data

The historical data trend for Starbucks's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,219.60 29,374.50 31,392.60 27,978.40 29,445.50

Starbucks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28,256.10 28,609.00 28,733.00 29,445.50 29,179.70

Starbucks Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Starbucks's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=-7987.8+37433.3
=29,446

Starbucks's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=-8608.9+37788.6
=29,180

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Starbucks  (NAS:SBUX) Total Assets Explanation

Total Assets is connected with ROA %.

Starbucks's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=4097.6/( (29445.5+29179.7)/ 2 )
=4097.6/29312.6
=13.98 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Starbucks's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=9425.3/( (29445.5+29179.7)/ 2 )
=9425.3/29312.6
=0.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Starbucks Total Assets Related Terms

Thank you for viewing the detailed overview of Starbucks's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Starbucks (Starbucks) Business Description

Address
2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.
Executives
Sara Kelly officer: evp, chief partner officer 2401 UTAH AVENUE SOUTH, SEATTLE WA 98134
Rachel Ruggeri officer: evp, cfo 2401 UTAH AVENUE SOUTH, #800, SEATTLE WA 98134
Michael Aaron Conway officer: group president International 18 LOVETON CIRCLE, SPARKS MD 21152
Wei Zhang director RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Bradley E Lerman officer: evp, general counsel MEDTRONIC, INC., 710 MEDTRONIC PKWY MSLC300, MINNEAPOLIS MN 55432
Beth Ford director C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Zabrina Jenkins officer: Interim evp, general counsel C/O RETAIL OPPORTUNITY INVESTMENT CORP., 11250 EL CAMINO REAL. SUITE 200, SAN DIEGO CA 92130
Clara Shih director 2401 UTAH AVE S, # 800, SEATTLE WA 98134
Laxman Narasimhan officer: ceo-elect PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Mellody L Hobson director C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563
Allison Richard E Jr director 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Howard D Schultz director, officer: chairman, president and ceo 2401 UTAH AVE SOUTH, SEATTLE WA 98134
Angela Lis officer: evp, chief partner officer 2401 UTAH AVENUE SOUTH, EX6, SEATTLE WA 98134
Kevin R Johnson director 2401 UTAH AVE. S, SUITE 800, SEATTLE WA 98134
Gina Woods officer: evp, Public Affairs 2401 UTAH AVENUE SOUTH, #800, SEATTLE WA 98134

Starbucks (Starbucks) Headlines

From GuruFocus

Q4 2022 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Starbucks Corp - 2020 Biennial Investor Day Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2021 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024