Starbucks Minority Interest vs Operating Income Analysis

SBUX Stock  USD 102.50  2.44  2.44%   
Starbucks financial indicator trend analysis is much more than just breaking down Starbucks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Starbucks is a good investment. Please check the relationship between Starbucks Minority Interest and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbucks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbucks Minority Interest account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Starbucks' Minority Interest and Operating Income is -0.32. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of Starbucks, assuming nothing else is changed. The correlation between historical values of Starbucks' Minority Interest and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Starbucks are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Starbucks' Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Starbucks whose combined shares represent less than 50% of the total outstanding shares issued by Starbucks have a minority interest in Starbucks.

Operating Income

Operating Income is the amount of profit realized from Starbucks operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Starbucks is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Starbucks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Starbucks current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbucks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.At this time, Starbucks' Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.4B9.8B7.6B4.0B
Total Revenue32.3B36.0B36.2B38.0B

Starbucks fundamental ratios Correlations

0.910.450.96-0.790.950.85-0.80.940.660.980.930.570.89-0.290.960.850.40.60.970.640.74-0.53-0.090.85-0.53
0.910.210.88-0.90.910.98-0.90.810.510.920.820.460.76-0.490.960.730.280.590.950.540.9-0.32-0.050.73-0.32
0.450.210.56-0.250.330.16-0.250.510.360.410.420.30.50.160.350.460.190.260.40.35-0.06-0.52-0.080.36-0.52
0.960.880.56-0.790.930.85-0.790.950.520.960.890.450.93-0.260.920.880.240.540.940.550.75-0.550.010.84-0.55
-0.79-0.9-0.25-0.79-0.85-0.921.0-0.76-0.33-0.85-0.69-0.25-0.640.73-0.93-0.56-0.11-0.46-0.91-0.3-0.750.050.1-0.750.05
0.950.910.330.93-0.850.9-0.850.90.420.990.880.320.88-0.430.950.780.120.590.960.40.81-0.38-0.030.94-0.38
0.850.980.160.85-0.920.9-0.920.770.330.90.780.280.75-0.550.920.70.090.540.920.370.91-0.24-0.040.74-0.24
-0.8-0.9-0.25-0.791.0-0.85-0.92-0.75-0.34-0.85-0.69-0.27-0.630.73-0.93-0.55-0.11-0.51-0.92-0.31-0.760.050.1-0.760.05
0.940.810.510.95-0.760.90.77-0.750.550.930.920.440.94-0.260.90.880.320.380.920.540.65-0.54-0.120.85-0.54
0.660.510.360.52-0.330.420.33-0.340.550.490.510.970.38-0.010.560.430.870.460.560.920.31-0.4-0.140.31-0.4
0.980.920.410.96-0.850.990.9-0.850.930.490.930.390.91-0.380.970.830.210.580.980.480.77-0.45-0.10.91-0.45
0.930.820.420.89-0.690.880.78-0.690.920.510.930.420.92-0.150.870.90.320.480.890.530.66-0.62-0.120.8-0.62
0.570.460.30.45-0.250.320.28-0.270.440.970.390.420.290.070.470.390.890.410.470.970.3-0.41-0.020.17-0.41
0.890.760.50.93-0.640.880.75-0.630.940.380.910.920.29-0.070.810.940.150.370.840.440.65-0.68-0.050.82-0.68
-0.29-0.490.16-0.260.73-0.43-0.550.73-0.26-0.01-0.38-0.150.07-0.07-0.510.090.18-0.25-0.470.13-0.41-0.630.3-0.42-0.63
0.960.960.350.92-0.930.950.92-0.930.90.560.970.870.470.81-0.510.740.310.571.00.530.78-0.32-0.120.85-0.32
0.850.730.460.88-0.560.780.7-0.550.880.430.830.90.390.940.090.740.310.340.780.550.66-0.790.110.67-0.79
0.40.280.190.24-0.110.120.09-0.110.320.870.210.320.890.150.180.310.310.10.30.860.09-0.39-0.050.01-0.39
0.60.590.260.54-0.460.590.54-0.510.380.460.580.480.410.37-0.250.570.340.10.570.380.51-0.210.010.52-0.21
0.970.950.40.94-0.910.960.92-0.920.920.560.980.890.470.84-0.471.00.780.30.570.540.78-0.37-0.10.86-0.37
0.640.540.350.55-0.30.40.37-0.310.540.920.480.530.970.440.130.530.550.860.380.540.39-0.56-0.010.22-0.56
0.740.9-0.060.75-0.750.810.91-0.760.650.310.770.660.30.65-0.410.780.660.090.510.780.39-0.250.190.61-0.25
-0.53-0.32-0.52-0.550.05-0.38-0.240.05-0.54-0.4-0.45-0.62-0.41-0.68-0.63-0.32-0.79-0.39-0.21-0.37-0.56-0.25-0.22-0.31.0
-0.09-0.05-0.080.010.1-0.03-0.040.1-0.12-0.14-0.1-0.12-0.02-0.050.3-0.120.11-0.050.01-0.1-0.010.19-0.22-0.04-0.22
0.850.730.360.84-0.750.940.74-0.760.850.310.910.80.170.82-0.420.850.670.010.520.860.220.61-0.3-0.04-0.3
-0.53-0.32-0.52-0.550.05-0.38-0.240.05-0.54-0.4-0.45-0.62-0.41-0.68-0.63-0.32-0.79-0.39-0.21-0.37-0.56-0.251.0-0.22-0.3
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Starbucks Account Relationship Matchups

Starbucks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B31.4B28.0B29.4B31.3B32.9B
Short Long Term Debt Total25.3B23.6B23.8B24.6B17.0B17.9B
Other Current Liab2.0B2.0B1.9B1.8B3.0B3.1B
Total Current Liabilities7.3B8.2B9.2B9.3B9.1B9.5B
Total Stockholder Equity(7.8B)(5.3B)(8.7B)(8.0B)(7.4B)(7.1B)
Property Plant And Equipment Net14.4B14.6B14.6B15.8B18.0B18.8B
Net Debt20.9B17.1B21.0B21.0B13.7B14.4B
Retained Earnings(7.8B)(6.3B)(8.4B)(7.3B)(7.3B)(7.0B)
Accounts Payable997.9M1.2B1.4B1.5B1.6B1.7B
Cash4.4B6.5B2.8B3.6B3.3B3.5B
Non Current Assets Total21.6B21.6B21.0B22.1B24.5B25.7B
Non Currrent Assets Other568.6M578.5M554.2M546.5M617M647.9M
Cash And Short Term Investments4.6B6.6B3.2B4.0B3.5B1.8B
Net Receivables883.4M940M1.2B1.2B1.2B1.3B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.1B1.2B
Liabilities And Stockholders Equity29.4B31.4B28.0B29.4B31.3B32.9B
Non Current Liabilities Total29.8B28.6B27.5B28.1B29.7B31.2B
Inventory1.6B1.6B2.2B1.8B1.8B1.9B
Other Current Assets739.5M594.6M483.7M359.9M313.1M314.0M
Other Stockholder Equity373.9M846.1M205.3M38.1M322.6M338.7M
Total Liab37.2B36.7B36.7B37.4B38.8B40.7B
Total Current Assets7.8B9.8B7.0B7.3B6.8B3.4B
Short Term Debt2.9B3.5B4.4B4.4B1.9B2.0B
Short Term Investments281.2M162.2M364.5M401.5M257M254.3M
Property Plant And Equipment Gross14.4B14.6B14.6B15.8B28.7B30.2B
Accumulated Other Comprehensive Income(364.6M)147.2M(463.2M)(778.2M)(428.8M)(407.4M)
Good Will3.6B3.7B3.3B3.2B3.3B3.5B
Intangible Assets552.1M349.9M155.9M120.5M100.9M95.9M
Other Assets2.2B2.3B2.5B2.4B2.7B2.8B
Long Term Debt14.7B13.6B13.1B13.5B14.3B15.0B
Property Plant Equipment6.4B6.2B14.6B14.6B16.8B17.6B
Current Deferred Revenue1.5B1.6B1.6B1.7B1.8B1.9B
Other Liab8.0B7.4B7.2B6.9B7.9B8.3B
Net Tangible Assets(10.5B)(12.0B)(9.3B)(12.1B)(10.9B)(10.4B)
Noncontrolling Interest In Consolidated Entity6.3M1.2M5.7M7.9M9.1M4.9M
Retained Earnings Total Equity(5.8B)(7.8B)(6.3B)(8.4B)(7.6B)(7.2B)
Long Term Debt Total11.2B14.7B13.6B13.1B15.1B15.8B

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