Financial Ratio Analysis of the Starbucks Coffee Company Question: What is every the buzz about? Answer: The goal to have a cup of Starbucks in the hands of every coffee or tea drinker on the planet. Starbucks is the internationally recognized nobleman of specialty coffees with a presence of more than 8,000 coffee shops in 30 countries, and the fellowship is setting its sights higher as the in style(p) expansion efforts at home and abroad have resulted in phenomenal sales with consolidated net revenues of $5.3 billion in pecuniary 2004 (Starbucks, 2004). What started as a small whole covered stadium roasting company in 1971 in the historic Seattle superhighway Place Market was transformed by the marketing film director Howard Schultz in 1985 with its first Italian-style Starbucks coffee latte. Today, the Starbucks Experience is spreading approximately the globe as more people discover and embracing the many tastes of the specialty coffees and teas offered by the coffeehouse mogul and head Howard Shultz, his management team, and their investors. The Seattle-based coffee giant recently raised its crowning(prenominal) goal to 30,000 stores world-wide. Does the goal sound too optimistic?
Well, this paper will look at the financial ratios of the company for the stomach three fiscal years to see how the company has performed in four major financial areas: Liquidity, Activity, Profitability, and Financial Leverage. These four areas hold off several ratios that tell the recent story of the ability of the company to meet its financial obligations, get a return on investment, its liquidity, and how much debt the company is carrying. Descriptions and Interpretations of the Financial Ratios of the Starbucks Corporation for financial eld 2002 through 2004 The fiscal year of the Starbucks Corporation ends on the sunlight closest to September 30. The fiscal year ended on October 3, 2004 included 53 weeks, with the 53rd week falling in the fiscal fourth quarter. Fiscal years 2003 and 2002 each had 52 weeks. Fiscal year 2005 will... If you want to get a full essay, society it on our website:
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