starbucks financial presentation

Starbucks Financial Statement Presentation（2012-2013） 

Accounting & Financial Course project

Lu Han 

Contents

Background of Starbucks

Financial Statement

Analysis Liquidity Gearing Profitability Financial Investment

Conclusion

Sources

Background

1971 Founded

1987 Purchased by Mr. Howard Schultz

1992 Successful listed

2006 130000 coffee shops

Income Statement

Balance Sheet

Cash Flows

Liquidity

Acid-Test Ratio = (Current Assets – Inventory) / Current Liabilities

Current Ratio = Current Assets / Current Liabilities

2012 2013

Acid-Test Ratio

1.3 0.8

Current Ratio 1.9 1.3

Gearing

Debt-Equity Ratio= Debt Capital/ Equity Capital

2012 2013

Debt-Equity Ratio

0,59 1.6

Profitability

Gross Profit Margin = Gross profit / turnover

2012 2013

Gross Profit

Margin

41% 22%

Financial

Stock turnover = Cost of goods sold / stock expressed as times per year

Debtor Days = Debtors / sales turnover x 365 2012 2013

Debtor Days

32 68

Investment

Earnings Per Share= Profit after Tax/ Number of Share

Price Earnings Ratio= Market Price /

Earning Per Share Dividend Yield = Annual Dividend /

Current Stock Price

Conclustion

Compare 2013 to 2012

Total assets : Increase 3297.5 million dollars

Acid Test Ratio and Current Liabilities were better

Debt-Equity Ratio was worth

Financial problem more and more serious

Gross Profit Margin was decreased

Reference

Moore J. Tribal Knowledge: Business Wisdom Brewed from the Grounds of Starbucks Corporate Culture[M]. Kaplan Publishing, 2006.

  Dambolena I G, Khoury S J. Ratio stability and corporate

failure[J]. The Journal of Finance, 1980, 35(4): 1017-1026.   Financial Statement 1 : Income Statement of Starbucks at

the year 2012-2013.: Starbucks Annual Report, 2013   Financial Statement 2 : Balance sheet of Starbucks at the

year 2012-2013 Starbucks Annual Report, 2013   Financial Statement 3 : Cash Flows of Starbucks at the year

2012-2013 Starbucks Annual Report, 2013