Starbucks Non Current Assets Total vs Accounts Payable Analysis

SBUX Stock  USD 101.51  0.83  0.82%   
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 Non Current Assets Total and its Accounts Payable 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.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbucks Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Starbucks' Non Current Assets Total and Accounts Payable is 0.93. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Starbucks, assuming nothing else is changed. The correlation between historical values of Starbucks' Non Current Assets Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Starbucks are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., Starbucks' Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.
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.At this time, Starbucks' Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.07 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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