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The Seattle-based coffee giant recently raised its ultimate 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 last three fiscal years to see how the company has performed in four major financial areas: Liquidity, Activity, Profitability, and Financial Leverage. These four areas contain 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 Fiscal Years 2002 through 2004
The fiscal year of the Starbucks Corporation ends on the Sunday closest to September 30...
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