| Starbucks Corporation |
| Current assets: |
| Cash and cash equivalents | 1,708.40 |
| Short-term investments | 135.4 |
| Accounts receivable, net | 631 |
| Inventories | 1,090.90 |
| Prepaid expenses and other current assets | 285.6 |
| Deferred income taxes, net | 317.4 |
| Total current assets | 4,168.70 |
| Long-term investments | 318.4 |
| Equity and cost investments | 514.9 |
| Property, plant and equipment, net | 3,519.00 |
| Deferred income taxes, net | 903.3 |
| Other assets | 198.9 |
| Other intangible assets | 273.5 |
| Goodwill 862.9 | 856.2 |
| TOTAL ASSETS | 10,752.90 |
| LIABILITIES AND EQUITY |
| Current liabilities: |
| Accounts payable | $ 533.7 |
| Accrued litigation charge | — |
| Accrued liabilities | 1,514.40 |
| Insurance reserves | 196.1 |
| Deferred revenue | 794.5 |
| Total current liabilities | 3,038.70 |
| Long-term debt, | 2,048.30 |
| Other long-term liabilities | 392.2 |
| Total liabilities | 5,479.20 |
| Shareholders’ equity: |
| Common stock ($0.001 par value) — authorized, 1,200.0 shares; issued and |
| outstanding, 749.5 and 753.2 shares, respectively 0.7 0.8 |
| Additional paid-in capital 39.4 282.1 |
| Retained earnings | 5,206.60 |
| Accumulated other comprehensive income 25.3 67.0 |
| Total shareholders’ equity | 5272.4 |
| Noncontrolling interest 1.7 2.1 |
| Total equity 5,273.7 4,482.3 |
| TOTAL LIABILITIES AND EQUITY $ 10,752.9 $ 11,516.7 |
| income statement |
| Net revenues: |
| Company-operated stores | 11793.2 |
| Licensed stores | 1360.5 |
| CPG, foodservice and other | 1713.1 |
| Total net revenues | 14866.8 |
| net sales | 6382.3 |
| Store operating expenses | 4286.1 |
| Other operating expenses | 431.8 |
| Depreciation and amortization expenses | 621.4 |
| General and administrative expenses | 9379 |
| Litigation charge | 27841 |
| Total operating expenses | 15443.6 |
| Income from equity investees | 251.4 |
| Operating income/(loss) | 325.4 |
| Interest income and other, net | 123.6 |
| Interest expense | 28.1 |
| Earnings/(loss) before income taxes | 299.9 |
| Income tax expense/(benefit) | 238.7 |
| Net earnings/(loss) including noncontrolling interests | 8.8 |
| Net earnings/(loss) attributable to noncontrolling interests | 0.5 |
| Net earnings/(loss) attributable to Starbucks | 8.3 |
| curent ratio | 1.3718695495 |
| quick ratio | 1.1288708987 |
| inventory turnover ratio | 5.8504904208 |
| Receivables Turnover | 3.2461172742 |
| Days Sales Outstanding | 112.442025094 |
| Fixed Asset Turnover | 1.8136686559 |
| Total Asset Turnover | 0.5935422072 |
| Gross Profit Margin | 0.7381978183 |
| Operating Profit Margin | 0.0509847547 |
| Net Profit Margin | 0.1471413127 |
| Return on Assets | 0.2252740663 |
| Return on Equity | 0.1781162279 |
| Debt/Net Worth | 5,000.20 |
| Debt Ratio | 0.5095555618 |
| Times-Interest-Earned | 4.3985765125 |
| DUNKIN’ BRANDS GROUP, INC. |
| Assets |
| Current assets: |
| Cash and cash equivalents |
| Accounts receivable, net | 47,162 |
| Notes and other receivables, net | 32,603 |
| Assets held for sale | 1,663 |
| Deferred income taxes, net | 46,461 |
| Restricted assets of advertising funds | 31,493 |
| Prepaid income taxes | 25,699 |
| Prepaid expenses and other current assets | 19,746 |
| Total current assets | 461,760 |
| Property and equipment, net | 182,858 |
| Equity method investments | 170,644 |
| Goodwill | 891,598 |
| Other intangible assets, net | 1,452,205 |
| Restricted cash | 305 367 |
| Other assets | 75,320 |
| Total assets | 3,234,690 |
| Liabilities, Redeemable Noncontrolling Interests, and Stockholders’ Equity |
| Current liabilities: |
| Current portion of long-term debt | 5,000 |
| Capital lease obligations | 432 |
| Accounts payable | 12,445 |
| Liabilities of advertising funds | 49,077 |
| Deferred income | 28,426 |
| Other current liabilities | 248,918 |
| Total current liabilities | 344,298 |
| Long-term debt, net | 1,818,609 |
| Capital lease obligations | 6,996 |
| Unfavorable operating leases acquired | 16,834 |
| Deferred income | 11,135 |
| Deferred income taxes, | 561,714 |
| Other long-term liabilities | 62,816 |
| Total long-term liabilities | 2,478,104 |
| Commitments and contingencies (note 17) |
| Redeemable noncontrolling interests | 4,930 |
| Stockholders’ equity: |
| Total liabilities, redeemable noncontrolling interests, and stockholders' equity $ 3,234,690 3,217,513 |
| Additional paid-in capital | 1,196,426 |
| Treasury stock, at cost | 10,773 |
| Accumulated deficit | 779,741 |
| Accumulated other comprehensive income | 1,339 |
| Total stockholders’ equity of Dunkin' Brands | 407,358 |
| Noncontrolling interests | - |
| Total stockholders' equity | 407,358 |
| Total liabilities, redeemable noncontrolling interests, and stockholders' equity | 3,234,690 |
| Revenues: |
| Franchise fees and royalty income | 418,940 |
| Rental income | 96,816 |
| Sales of ice cream products | 94,659 |
| Sales at company-owned restaurants | 22,922 |
| Other revenues | 24,844 |
| Total revenues | 658,181 |
| Operating costs and expenses: |
| Occupancy expenses—franchised restaurants | 52,072 |
| Cost of ice cream products | 69,019 |
| Company-owned restaurant expenses | 23,133 |
| General and administrative expenses, net | 239,574 |
| Depreciation | 29,084 |
| Amortization of other intangible assets | 26,943 |
| Long-lived asset impairment charges | 1,278 |
| Total operating costs and expenses | 441,103 |
| Net income (loss) of equity method investments: |
| Net income, excluding impairment | 22,351 |
| Impairment charge, net of tax | — |
| Total net income (loss) of equity method investments | 22,351 |
| Other operating income, net — | - |
| Operating income | 239,429 |
| Other income (expense): |
| Interest income | 543 |
| Interest expense | 74,031 |
| Loss on debt extinguishment and refinancing transactions | 3,963 |
| Other gains (losses), net | 23 175 |
| Total other expense | 77,428 |
| Income before income taxes | 162,001 |
| Provision for income taxes | 54,377 |
| Net income including noncontrolling interests | 107,624 |
| Net loss attributable to noncontrolling interests | 684 |
| Net income attributable to Dunkin' Brands | 108,308 |
| curent ratio | 1.3411637593 |
| quick ratio | 0.1418102922 |
| inventory turnover ratio | 41.5027059531 |
| Receivables Turnover | 2.4931300623 |
| Days Sales Outstanding | 9.4655475696 |
| Fixed Asset Turnover | 3.5994104715 |
| Total Asset Turnover | 0.0363500057 |
| Gross Profit Margin | 0.9471946147 |
| Operating Profit Margin | 1.3777821247 |
| Net Profit Margin | 0.915317951 |
| Return on Assets | 0.0332718128 |
| Return on Equity | 0.265879153 |
| Debt/Net Worth | -695,619 |
| Debt Ratio | 0.7661024704 |
| Times-Interest-Earned | 2.1882859883 |
victoria.32
ratio_analysis.xlsx
