Starbucks Accounts Payable vs Total Assets Analysis

SBUX Stock  USD 92.25  0.39  0.42%   
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 Accounts Payable and its Total Assets 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 closely tied 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.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbucks Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Starbucks' Accounts Payable and Total Assets is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Starbucks, assuming nothing else is changed. The correlation between historical values of Starbucks' Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Starbucks are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Starbucks' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Starbucks obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Starbucks are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Starbucks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Starbucks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 closely tied 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.Issuance Of Capital Stock is likely to rise to about 169.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.4B9.8B9.7B10.2B
Total Revenue32.3B36.0B36.2B38.0B

Starbucks fundamental ratios Correlations

0.950.190.96-0.790.950.89-0.80.940.660.980.930.570.89-0.290.960.850.40.60.970.640.84-0.53-0.090.85-0.53
0.950.00.92-0.910.980.98-0.920.880.470.980.870.380.82-0.520.980.750.190.60.980.440.93-0.31-0.060.89-0.31
0.190.00.31-0.03-0.02-0.06-0.020.210.350.10.160.390.220.320.090.280.30.120.130.44-0.21-0.48-0.06-0.11-0.48
0.960.920.31-0.790.930.88-0.790.950.520.960.890.450.93-0.260.920.880.240.540.940.550.84-0.550.010.84-0.55
-0.79-0.91-0.03-0.79-0.85-0.921.0-0.76-0.33-0.85-0.69-0.25-0.640.73-0.93-0.56-0.11-0.46-0.91-0.3-0.810.050.1-0.750.05
0.950.98-0.020.93-0.850.97-0.850.90.420.990.880.320.88-0.430.950.780.120.590.960.40.95-0.38-0.030.94-0.38
0.890.98-0.060.88-0.920.97-0.920.840.30.960.830.210.81-0.560.950.710.030.550.950.290.94-0.25-0.050.9-0.25
-0.8-0.92-0.02-0.791.0-0.85-0.92-0.75-0.34-0.85-0.69-0.27-0.630.73-0.93-0.55-0.11-0.51-0.92-0.31-0.820.050.1-0.760.05
0.940.880.210.95-0.760.90.84-0.750.550.930.920.440.94-0.260.90.880.320.380.920.540.79-0.54-0.120.85-0.54
0.660.470.350.52-0.330.420.3-0.340.550.490.510.970.38-0.010.560.430.870.460.560.920.28-0.4-0.140.31-0.4
0.980.980.10.96-0.850.990.96-0.850.930.490.930.390.91-0.380.970.830.210.580.980.480.9-0.45-0.10.91-0.45
0.930.870.160.89-0.690.880.83-0.690.920.510.930.420.92-0.150.870.90.320.480.890.530.76-0.62-0.120.8-0.62
0.570.380.390.45-0.250.320.21-0.270.440.970.390.420.290.070.470.390.890.410.470.970.21-0.41-0.020.17-0.41
0.890.820.220.93-0.640.880.81-0.630.940.380.910.920.29-0.070.810.940.150.370.840.440.77-0.68-0.050.82-0.68
-0.29-0.520.32-0.260.73-0.43-0.560.73-0.26-0.01-0.38-0.150.07-0.07-0.510.090.18-0.25-0.470.13-0.47-0.630.3-0.42-0.63
0.960.980.090.92-0.930.950.95-0.930.90.560.970.870.470.81-0.510.740.310.571.00.530.87-0.32-0.120.85-0.32
0.850.750.280.88-0.560.780.71-0.550.880.430.830.90.390.940.090.740.310.340.780.550.71-0.790.110.67-0.79
0.40.190.30.24-0.110.120.03-0.110.320.870.210.320.890.150.180.310.310.10.30.860.0-0.39-0.050.01-0.39
0.60.60.120.54-0.460.590.55-0.510.380.460.580.480.410.37-0.250.570.340.10.570.380.55-0.210.010.52-0.21
0.970.980.130.94-0.910.960.95-0.920.920.560.980.890.470.84-0.471.00.780.30.570.540.87-0.37-0.10.86-0.37
0.640.440.440.55-0.30.40.29-0.310.540.920.480.530.970.440.130.530.550.860.380.540.29-0.56-0.010.22-0.56
0.840.93-0.210.84-0.810.950.94-0.820.790.280.90.760.210.77-0.470.870.710.00.550.870.29-0.260.150.87-0.26
-0.53-0.31-0.48-0.550.05-0.38-0.250.05-0.54-0.4-0.45-0.62-0.41-0.68-0.63-0.32-0.79-0.39-0.21-0.37-0.56-0.26-0.22-0.31.0
-0.09-0.06-0.060.010.1-0.03-0.050.1-0.12-0.14-0.1-0.12-0.02-0.050.3-0.120.11-0.050.01-0.1-0.010.15-0.22-0.04-0.22
0.850.89-0.110.84-0.750.940.9-0.760.850.310.910.80.170.82-0.420.850.670.010.520.860.220.87-0.3-0.04-0.3
-0.53-0.31-0.48-0.550.05-0.38-0.250.05-0.54-0.4-0.45-0.62-0.41-0.68-0.63-0.32-0.79-0.39-0.21-0.37-0.56-0.261.0-0.22-0.3
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Starbucks Account Relationship Matchups

Starbucks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B31.4B28.0B29.4B31.3B32.9B
Short Long Term Debt Total25.3B23.6B23.8B24.6B25.8B27.1B
Other Current Liab2.0B2.0B1.9B1.8B1.5B1.1B
Total Current Liabilities7.3B8.2B9.2B9.3B9.1B9.5B
Total Stockholder Equity(7.8B)(5.3B)(8.7B)(8.0B)(7.4B)(7.1B)
Property Plant And Equipment Net14.4B14.6B14.6B15.8B18.0B18.8B
Net Debt20.9B17.1B21.0B21.0B22.5B23.6B
Retained Earnings(7.8B)(6.3B)(8.4B)(7.3B)(7.3B)(7.0B)
Accounts Payable997.9M1.2B1.4B1.5B1.6B1.7B
Cash4.4B6.5B2.8B3.6B3.3B3.5B
Non Current Assets Total21.6B21.6B21.0B22.1B24.5B25.7B
Non Currrent Assets Other568.6M578.5M554.2M546.5M617M647.9M
Cash And Short Term Investments4.6B6.6B3.2B4.0B3.5B1.8B
Net Receivables883.4M940M1.2B1.2B1.2B1.3B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.1B1.2B
Liabilities And Stockholders Equity29.4B31.4B28.0B29.4B31.3B32.9B
Non Current Liabilities Total29.8B28.6B27.5B28.1B29.7B31.2B
Inventory1.6B1.6B2.2B1.8B1.8B1.9B
Other Current Assets739.5M594.6M483.7M359.9M313.1M314.0M
Other Stockholder Equity373.9M846.1M205.3M38.1M322.6M338.7M
Total Liab37.2B36.7B36.7B37.4B38.8B40.7B
Total Current Assets7.8B9.8B7.0B7.3B6.8B3.4B
Short Term Debt2.9B3.5B4.4B4.4B4.2B4.4B
Short Term Investments281.2M162.2M364.5M401.5M257M254.3M
Property Plant And Equipment Gross14.4B14.6B14.6B15.8B28.7B30.2B
Accumulated Other Comprehensive Income(364.6M)147.2M(463.2M)(778.2M)(428.8M)(407.4M)
Good Will3.6B3.7B3.3B3.2B3.3B3.5B
Intangible Assets552.1M349.9M155.9M120.5M100.9M95.9M
Other Assets2.2B2.3B2.5B2.4B2.7B2.8B
Long Term Debt14.7B13.6B13.1B13.5B14.3B15.0B
Property Plant Equipment6.4B6.2B14.6B14.6B16.8B17.6B
Current Deferred Revenue1.5B1.6B1.6B1.7B1.8B1.9B
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 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.