Quick Ratio Analysis of Starbucks Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Sep-23
Not Good Quick Ratio
0.588
Period Ending - Sep-22
Not Good Quick Ratio
0.529
Growth
11.17 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.627
Quick Ratio Analysis of Starbucks Corporation
Quick Ratio of Starbucks Corporation with value of 0.627 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of SBUX has grown by 11.17 % Compared to previous Financial Year. |
Quick Ratio with value of 1.00 was highest in Year Sep-21 in last Five Years. |
Quick Ratio with value of 0.529 was lowest in Year Sep-22 in last Five Years. |
Latest Quick Ratio with value of 0.588 is lower than Average Quick Ratio of 0.727 in last five years. |
Other Quick Ratio Related Info of SBUX that may interest you.
Starbucks Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SBUX | 80.22 | 78.76 | 1.85 % | Restaurants |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Low Stability Stock |
FY - Historical Quick Ratio of Starbucks Corporation
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.588 | 0.529 | 1.00 | 0.851 | 0.669 | 1.95 | 0.929 |
Change | 11.17 % | -47.10 % | 17.47 % | 27.34 % | -65.74 % | 110.17 % | 24.85 % |
FY Chart of Quick Ratio of Starbucks Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)