Financial Statements
- Миша Гавура
- Apr 14, 2024
- 2 min read
Liquidity Ratio:
Current Ratio: Current Assets/Current Liabilities - 2022: 7.019/9.152 = 0.77; Therefore, ratio is 0.77:1; - 2023: 7.303/9.345 = 0.78; Therefore, ratio is 0.78:1; => Trend is slightly positive - Quick Ratio or Acid-test Ratio: - 2022: 7.019 - (1.806 + 359.9)/9.152 = 0.55; Therefore, ratio is 0.55:1; - 2023: 7.303 - (2.177 + 483.7)/9.345 = 0.48; Therefore, ratio is 0.48:1; => Trend is negative
Activity Ratio:
Inventory turnover: Cost of goods sold/Average inventory - 2022: 10.317/2.177 = 4.74; - 2023: 11.409/1.806 = 6.31; => Trend is positive
Receivable turnover: Credit Sales/Average accounts receivable - 2022: 0/1.175 = 0 - 2023: 0/1.184 = 0
=> Trend is constant
Credit Sale is 0 because Starbuck does not offer their clients credits for own products.
Total asset turnover: Revenue or Sales/Average total assets - 2022: 32.25/27.978 = 1.15 - 2023: 35.976/29.446 = 1.22
=> Trend is slightly positive
Leverage Ratio:
Debt Ratio: Total liabilities/Total Assets - 2022: 36.667/27.978 = 1.31; - 2023: 37.433/29.446 = 1.27;
=> Trend is slightly negative
Long-term debt to equity: Long-term debt/Owner’s equity - 2022: 13.120/(-8.699) = 1.51; - 2023: 13.617/(-7.988) = 1.7; => Trend is positive
Profitability Ratio:
Gross Profit Margin: Gross Profit/ Revenue - 2022: 21.933/32.25 = 0.68; - 2023: 24.567/35.976 = 0.683; => Trend is slightly positive
Net Profit Margin: Net Profit/Revenue - 2022: 3.28/32.25 = 0.1; - 2023: 4.12/35.976 = 0.11; => Trend is slightly positive
Return on equity: Net Profit/Average owner’s equity - 2022: 3.28/(-8.699) = 0.38; - 2023: 4.12/(-7.988) = 0.52; => Trend is positive
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