Starbucks Selling General Administrative vs Income Tax Expense Analysis

SBUX Stock  USD 88.25  0.41  0.47%   
Starbucks financial indicator trend analysis is much more than just breaking down Starbucks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Starbucks is a good investment. Please check the relationship between Starbucks Selling General Administrative and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbucks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.

Selling General Administrative vs Income Tax Expense

Selling General Administrative vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbucks Selling General Administrative account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Starbucks' Selling General Administrative and Income Tax Expense is 0.26. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Starbucks, assuming nothing else is changed. The correlation between historical values of Starbucks' Selling General Administrative and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Starbucks are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling General Administrative i.e., Starbucks' Selling General Administrative and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Income Tax Expense

Most indicators from Starbucks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Starbucks current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbucks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.At this time, Starbucks' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 23.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.4B9.8B11.3B11.9B
Total Revenue32.3B36.0B41.4B43.4B

Starbucks fundamental ratios Correlations

0.950.670.96-0.790.960.9-0.780.950.70.980.930.710.9-0.010.960.880.380.360.970.830.85-0.520.00.95-0.51
0.950.550.93-0.910.990.98-0.90.890.520.980.870.540.84-0.220.990.790.180.350.990.650.93-0.30.010.99-0.3
0.670.550.78-0.470.570.5-0.470.710.490.640.60.50.690.180.580.670.180.270.630.60.36-0.540.010.57-0.54
0.960.930.78-0.780.950.9-0.770.960.550.970.890.580.940.050.920.910.20.260.950.720.85-0.510.10.95-0.51
-0.79-0.91-0.47-0.78-0.84-0.911.0-0.75-0.38-0.84-0.69-0.38-0.640.51-0.92-0.59-0.11-0.29-0.9-0.46-0.80.050.04-0.850.05
0.960.990.570.95-0.840.98-0.840.910.490.990.890.520.89-0.10.960.840.130.320.970.650.95-0.380.071.0-0.38
0.90.980.50.9-0.910.98-0.910.850.370.960.830.380.83-0.250.950.760.020.290.950.520.95-0.240.040.98-0.24
-0.78-0.9-0.47-0.771.0-0.84-0.91-0.73-0.39-0.83-0.68-0.39-0.620.53-0.92-0.57-0.11-0.35-0.9-0.46-0.790.050.04-0.840.05
0.950.890.710.96-0.750.910.85-0.730.590.940.910.60.950.060.910.910.290.10.930.750.79-0.51-0.020.91-0.51
0.70.520.490.55-0.380.490.37-0.390.590.550.560.990.430.050.610.470.850.420.60.960.33-0.41-0.110.49-0.41
0.980.980.640.97-0.840.990.96-0.830.940.550.930.570.92-0.070.970.870.210.330.980.70.9-0.45-0.010.99-0.45
0.930.870.60.89-0.690.890.83-0.680.910.560.930.570.920.10.880.920.320.270.890.730.77-0.62-0.040.88-0.62
0.710.540.50.58-0.380.520.38-0.390.60.990.570.570.450.090.620.50.850.420.620.970.37-0.45-0.010.51-0.45
0.90.840.690.94-0.640.890.83-0.620.950.430.920.920.450.220.820.960.130.10.860.640.79-0.640.040.89-0.64
-0.01-0.220.180.050.51-0.1-0.250.530.060.05-0.070.10.090.22-0.230.30.11-0.21-0.180.18-0.13-0.680.26-0.11-0.68
0.960.990.580.92-0.920.960.95-0.920.910.610.970.880.620.82-0.230.780.30.341.00.720.87-0.32-0.040.96-0.32
0.880.790.670.91-0.590.840.76-0.570.910.470.870.920.50.960.30.780.250.140.820.70.76-0.750.160.83-0.75
0.380.180.180.2-0.110.130.02-0.110.290.850.210.320.850.130.110.30.250.170.280.780.02-0.39-0.070.13-0.39
0.360.350.270.26-0.290.320.29-0.350.10.420.330.270.420.1-0.210.340.140.170.330.360.25-0.170.00.32-0.17
0.970.990.630.95-0.90.970.95-0.90.930.60.980.890.620.86-0.181.00.820.280.330.730.88-0.36-0.010.97-0.36
0.830.650.60.72-0.460.650.52-0.460.750.960.70.730.970.640.180.720.70.780.360.730.5-0.60.020.64-0.6
0.850.930.360.85-0.80.950.95-0.790.790.330.90.770.370.79-0.130.870.760.020.250.880.5-0.270.250.95-0.27
-0.52-0.3-0.54-0.510.05-0.38-0.240.05-0.51-0.41-0.45-0.62-0.45-0.64-0.68-0.32-0.75-0.39-0.17-0.36-0.6-0.27-0.23-0.361.0
0.00.010.010.10.040.070.040.04-0.02-0.11-0.01-0.04-0.010.040.26-0.040.16-0.070.0-0.010.020.25-0.230.06-0.23
0.950.990.570.95-0.851.00.98-0.840.910.490.990.880.510.89-0.110.960.830.130.320.970.640.95-0.360.06-0.36
-0.51-0.3-0.54-0.510.05-0.38-0.240.05-0.51-0.41-0.45-0.62-0.45-0.64-0.68-0.32-0.75-0.39-0.17-0.36-0.6-0.271.0-0.23-0.36
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Starbucks Account Relationship Matchups

Starbucks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B31.4B28.0B29.4B33.9B35.6B
Short Long Term Debt Total25.3B23.6B23.8B24.6B28.3B29.7B
Other Current Liab2.0B3.1B2.9B3.0B3.4B3.6B
Total Current Liabilities7.3B8.2B9.2B9.3B10.7B11.3B
Total Stockholder Equity(7.8B)(5.3B)(8.7B)(8.0B)(7.2B)(6.8B)
Property Plant And Equipment Net14.4B14.6B14.6B15.8B18.2B19.1B
Net Debt20.9B17.1B21.0B21.0B24.2B25.4B
Retained Earnings(7.8B)(6.3B)(8.4B)(7.3B)(6.5B)(6.2B)
Accounts Payable997.9M1.2B1.4B1.5B1.8B1.9B
Cash4.4B6.5B2.8B3.6B4.1B4.3B
Non Current Assets Total21.6B21.6B21.0B22.1B25.5B26.7B
Non Currrent Assets Other568.6M578.5M554.2M546.5M628.5M659.9M
Cash And Short Term Investments4.6B6.6B3.2B4.0B4.5B4.8B
Net Receivables883.4M940M1.2B1.2B1.4B1.4B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.3B1.6B
Liabilities And Stockholders Equity29.4B31.4B28.0B29.4B33.9B35.6B
Non Current Liabilities Total29.8B28.6B27.5B28.1B32.3B33.9B
Inventory1.6B1.6B2.2B1.8B2.1B2.2B
Other Current Assets739.5M594.6M386.6M359.9M413.9M309.8M
Other Stockholder Equity373.9M846.1M205.3M38.1M43.8M41.6M
Total Liab37.2B36.7B36.7B37.4B43.0B45.2B
Total Current Assets7.8B9.8B7.0B7.3B8.4B8.8B
Short Term Debt2.9B2.3B3.2B3.1B3.6B3.8B
Short Term Investments281.2M162.2M364.5M401.5M461.7M253.2M
Property Plant And Equipment Gross14.4B14.6B14.6B15.8B18.2B19.1B
Accumulated Other Comprehensive Income(364.6M)147.2M(463.2M)(778.2M)(700.4M)(665.4M)
Good Will3.6B3.7B3.3B3.2B3.7B3.9B
Intangible Assets552.1M349.9M155.9M120.5M138.6M262.2M
Other Assets2.2B2.3B2.5B2.4B2.7B2.8B
Long Term Debt14.7B13.6B13.1B13.5B15.6B16.4B
Property Plant Equipment6.4B6.2B14.6B14.6B16.8B17.6B
Current Deferred Revenue1.5B1.6B1.6B1.7B2.0B2.1B
Other Liab8.0B7.4B7.2B6.9B7.9B8.3B
Net Tangible Assets(10.5B)(12.0B)(9.3B)(12.1B)(10.9B)(10.4B)
Noncontrolling Interest In Consolidated Entity6.3M1.2M5.7M7.9M9.1M4.9M
Retained Earnings Total Equity(5.8B)(7.8B)(6.3B)(8.4B)(7.6B)(7.2B)
Long Term Debt Total11.2B14.7B13.6B13.1B15.1B15.8B

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When determining whether Starbucks offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Starbucks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Starbucks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Starbucks Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbucks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Starbucks' price analysis, check to measure Starbucks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Starbucks is operating at the current time. Most of Starbucks' value examination focuses on studying past and present price action to predict the probability of Starbucks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Starbucks' price. Additionally, you may evaluate how the addition of Starbucks to your portfolios can decrease your overall portfolio volatility.
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Is Starbucks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Starbucks. If investors know Starbucks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Starbucks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.216
Dividend Share
2.2
Earnings Share
3.74
Revenue Per Share
32.074
Quarterly Revenue Growth
0.082
The market value of Starbucks is measured differently than its book value, which is the value of Starbucks that is recorded on the company's balance sheet. Investors also form their own opinion of Starbucks' value that differs from its market value or its book value, called intrinsic value, which is Starbucks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Starbucks' market value can be influenced by many factors that don't directly affect Starbucks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Starbucks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Starbucks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Starbucks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.