Starbucks Financial Analysis - 1739 Words

Starbucks Financial Analysis Financial Analysis of the Starbucks Corporation 2401 Utah Avenue South Seattle, Washington 98134 (800) 235-2883 Financial Analysis of the Starbucks Corporation Company Overview Starbucks is the world’s largest specialty coffee retailer, Starbucks has more than 16,000 retail outlets in more than 35 countries. Starbucks owns more than 8,500 of its outlets, while licensees and franchisees operate more than 6,500 units worldwide, primarily in shopping centers and airports. The outlets offer coffee drinks and food items such as pastries and confections, as well as roasted beans, coffee accessories, teas and a line of compact discs. The company also owns the Seattles Best Coffee and†¦show more content†¦Expenses, Total 489.25 Depreciation/Amortization 467.16 Interest Expense(Income) - Net (108.01) Other Operating Expenses, Total 294.14 Total Operating Expense 8,357.55 In Millions of U.S. Dollars (Reuters) The cost of revenue, or goods sold, is 86.3% of the total expense distribution for Starbucks. Assets and Capital Structure: FY 2007 Assets: Cash Equivalents 281.26 Short Term Investments 157.43 Cash and Short Term Investments 438.69 Accounts Receivable - Trade, Net 287.93 Total Inventory 691.66 Prepaid Expenses 148.76 Other Current Assets, Total 129.45 Total Current Assets 1,696.49 Property/Plant/Equipment, Total - Net 2,890.43 Goodwill, Net 215.62 Intangibles, Net 42.04 Long Term Investments 279.87 Other Long Term Assets, Total 219.42 Total Assets 5,343.88 In Millions of U.S. Dollars (Reuters) Total current assets make up 31.75% of total assets held by Starbucks Corporation. The Property/Plant/Equipment totals add up to be 54.1% of the assets owned by the company. FY 2007 Liabilities Accounts Payable 390.84 Accrued Expenses 664.29 Notes Payable/Short Term Debt 710.25 Current Port. of LT Debt/Capital Leases 0.78 Other Current liabilities, Total 389.42 Total CurrentShow MoreRelatedStarbucks : Starbucks Financial Analysis1185 Words   |  5 PagesStarbucks Financial Analysis It’s hard to drive the street these days and not see a Starbuck’s coffee house sitting on a corner with cars lined up in the drive-thru or consumers gathering in their cafà © to socialize. This has been the scene since the first Starbucks was opened in 1971. Since then, Howard Schultz, chairman and CEO, has embarked on a quest to bring Italian bistro traditions to the United States. 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