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Starbucks - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Food & Drink | USA | May 9, 2022
$2.99
Excel Sheet

Starbucks's net debt stood at USD 19,690 mil and accounted for -233% of equity at the end of 2021. The ratio is up 15.9 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 24.2% in 2007 and a low of -259% in 2019 between 2005 and 2021. The average for the last five years was -173%.

Net debt to EBITDA was calculated at 2.40x at the end of the year.

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That is up from 0.191x seen in 2016. The ratio reached a high of 4.48x in 2020 and a low of -0.736x in 2011.

The company’s cost of funding amounted to 1.91% in 2021, down which is above the 5-year of 2.35%. Funding costs have “eaten” some 9.04% of the operating profit generated in 2019.

You can see all the company’s data at Starbucks profile, or you can download a report on the company in the report section.