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Transcript of 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