Starbucks Net Income vs Cost Of Revenue Analysis

SBUX Stock

USD 101.51 0.83 0.82%

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 Net Income and its Cost Of Revenue 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.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbucks Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Starbucks' Net Income and Cost Of Revenue is 0.77. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Starbucks, assuming nothing else is changed. The correlation between historical values of Starbucks' Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Starbucks are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Starbucks' Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Starbucks financial statement analysis. It represents the amount of money remaining after all of Starbucks operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on Starbucks income statement and represents the costs associated with goods and services Starbucks provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Profit	8.4B	9.8B	9.7B	10.2B
Total Revenue	32.3B	36.0B	36.2B	38.0B

Gross Profit Total Revenue

Starbucks fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Common Stock
Total Assets		0.95	0.19	0.96	-0.79	0.95	0.89	-0.8	0.94	0.66	0.98	0.93	0.57	0.89	-0.29	0.96	0.85	0.4	0.6	0.97	0.64	0.84	-0.53	-0.09	0.85	-0.53
Short Long Term Debt Total	0.95		0.0	0.92	-0.91	0.98	0.98	-0.92	0.88	0.47	0.98	0.87	0.38	0.82	-0.52	0.98	0.75	0.19	0.6	0.98	0.44	0.93	-0.31	-0.06	0.89	-0.31
Other Current Liab	0.19	0.0		0.31	-0.03	-0.02	-0.06	-0.02	0.21	0.35	0.1	0.16	0.39	0.22	0.32	0.09	0.28	0.3	0.12	0.13	0.44	-0.21	-0.48	-0.06	-0.11	-0.48
Total Current Liabilities	0.96	0.92	0.31		-0.79	0.93	0.88	-0.79	0.95	0.52	0.96	0.89	0.45	0.93	-0.26	0.92	0.88	0.24	0.54	0.94	0.55	0.84	-0.55	0.01	0.84	-0.55
Total Stockholder Equity	-0.79	-0.91	-0.03	-0.79		-0.85	-0.92	1.0	-0.76	-0.33	-0.85	-0.69	-0.25	-0.64	0.73	-0.93	-0.56	-0.11	-0.46	-0.91	-0.3	-0.81	0.05	0.1	-0.75	0.05
Property Plant And Equipment Net	0.95	0.98	-0.02	0.93	-0.85		0.97	-0.85	0.9	0.42	0.99	0.88	0.32	0.88	-0.43	0.95	0.78	0.12	0.59	0.96	0.4	0.95	-0.38	-0.03	0.94	-0.38
Net Debt	0.89	0.98	-0.06	0.88	-0.92	0.97		-0.92	0.84	0.3	0.96	0.83	0.21	0.81	-0.56	0.95	0.71	0.03	0.55	0.95	0.29	0.94	-0.25	-0.05	0.9	-0.25
Retained Earnings	-0.8	-0.92	-0.02	-0.79	1.0	-0.85	-0.92		-0.75	-0.34	-0.85	-0.69	-0.27	-0.63	0.73	-0.93	-0.55	-0.11	-0.51	-0.92	-0.31	-0.82	0.05	0.1	-0.76	0.05
Accounts Payable	0.94	0.88	0.21	0.95	-0.76	0.9	0.84	-0.75		0.55	0.93	0.92	0.44	0.94	-0.26	0.9	0.88	0.32	0.38	0.92	0.54	0.79	-0.54	-0.12	0.85	-0.54
Cash	0.66	0.47	0.35	0.52	-0.33	0.42	0.3	-0.34	0.55		0.49	0.51	0.97	0.38	-0.01	0.56	0.43	0.87	0.46	0.56	0.92	0.28	-0.4	-0.14	0.31	-0.4
Non Current Assets Total	0.98	0.98	0.1	0.96	-0.85	0.99	0.96	-0.85	0.93	0.49		0.93	0.39	0.91	-0.38	0.97	0.83	0.21	0.58	0.98	0.48	0.9	-0.45	-0.1	0.91	-0.45
Non Currrent Assets Other	0.93	0.87	0.16	0.89	-0.69	0.88	0.83	-0.69	0.92	0.51	0.93		0.42	0.92	-0.15	0.87	0.9	0.32	0.48	0.89	0.53	0.76	-0.62	-0.12	0.8	-0.62
Cash And Short Term Investments	0.57	0.38	0.39	0.45	-0.25	0.32	0.21	-0.27	0.44	0.97	0.39	0.42		0.29	0.07	0.47	0.39	0.89	0.41	0.47	0.97	0.21	-0.41	-0.02	0.17	-0.41
Net Receivables	0.89	0.82	0.22	0.93	-0.64	0.88	0.81	-0.63	0.94	0.38	0.91	0.92	0.29		-0.07	0.81	0.94	0.15	0.37	0.84	0.44	0.77	-0.68	-0.05	0.82	-0.68
Common Stock Shares Outstanding	-0.29	-0.52	0.32	-0.26	0.73	-0.43	-0.56	0.73	-0.26	-0.01	-0.38	-0.15	0.07	-0.07		-0.51	0.09	0.18	-0.25	-0.47	0.13	-0.47	-0.63	0.3	-0.42	-0.63
Non Current Liabilities Total	0.96	0.98	0.09	0.92	-0.93	0.95	0.95	-0.93	0.9	0.56	0.97	0.87	0.47	0.81	-0.51		0.74	0.31	0.57	1.0	0.53	0.87	-0.32	-0.12	0.85	-0.32
Inventory	0.85	0.75	0.28	0.88	-0.56	0.78	0.71	-0.55	0.88	0.43	0.83	0.9	0.39	0.94	0.09	0.74		0.31	0.34	0.78	0.55	0.71	-0.79	0.11	0.67	-0.79
Other Current Assets	0.4	0.19	0.3	0.24	-0.11	0.12	0.03	-0.11	0.32	0.87	0.21	0.32	0.89	0.15	0.18	0.31	0.31		0.1	0.3	0.86	0.0	-0.39	-0.05	0.01	-0.39
Other Stockholder Equity	0.6	0.6	0.12	0.54	-0.46	0.59	0.55	-0.51	0.38	0.46	0.58	0.48	0.41	0.37	-0.25	0.57	0.34	0.1		0.57	0.38	0.55	-0.21	0.01	0.52	-0.21
Total Liab	0.97	0.98	0.13	0.94	-0.91	0.96	0.95	-0.92	0.92	0.56	0.98	0.89	0.47	0.84	-0.47	1.0	0.78	0.3	0.57		0.54	0.87	-0.37	-0.1	0.86	-0.37
Total Current Assets	0.64	0.44	0.44	0.55	-0.3	0.4	0.29	-0.31	0.54	0.92	0.48	0.53	0.97	0.44	0.13	0.53	0.55	0.86	0.38	0.54		0.29	-0.56	-0.01	0.22	-0.56
Short Term Debt	0.84	0.93	-0.21	0.84	-0.81	0.95	0.94	-0.82	0.79	0.28	0.9	0.76	0.21	0.77	-0.47	0.87	0.71	0.0	0.55	0.87	0.29		-0.26	0.15	0.87	-0.26
Common Stock Total Equity	-0.53	-0.31	-0.48	-0.55	0.05	-0.38	-0.25	0.05	-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	-0.26		-0.22	-0.3	1.0
Short Term Investments	-0.09	-0.06	-0.06	0.01	0.1	-0.03	-0.05	0.1	-0.12	-0.14	-0.1	-0.12	-0.02	-0.05	0.3	-0.12	0.11	-0.05	0.01	-0.1	-0.01	0.15	-0.22		-0.04	-0.22
Property Plant And Equipment Gross	0.85	0.89	-0.11	0.84	-0.75	0.94	0.9	-0.76	0.85	0.31	0.91	0.8	0.17	0.82	-0.42	0.85	0.67	0.01	0.52	0.86	0.22	0.87	-0.3	-0.04		-0.3
Common Stock	-0.53	-0.31	-0.48	-0.55	0.05	-0.38	-0.25	0.05	-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	-0.26	1.0	-0.22	-0.3

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Starbucks Account Relationship Matchups

Starbucks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.4B	31.4B	28.0B	29.4B	31.3B	32.9B
Short Long Term Debt Total	25.3B	23.6B	23.8B	24.6B	25.8B	27.1B
Other Current Liab	2.0B	2.0B	1.9B	1.8B	1.5B	1.1B
Total Current Liabilities	7.3B	8.2B	9.2B	9.3B	9.1B	9.5B
Total Stockholder Equity	(7.8B)	(5.3B)	(8.7B)	(8.0B)	(7.4B)	(7.1B)
Property Plant And Equipment Net	14.4B	14.6B	14.6B	15.8B	18.0B	18.8B
Net Debt	20.9B	17.1B	21.0B	21.0B	22.5B	23.6B
Retained Earnings	(7.8B)	(6.3B)	(8.4B)	(7.3B)	(7.3B)	(7.0B)
Accounts Payable	997.9M	1.2B	1.4B	1.5B	1.6B	1.7B
Cash	4.4B	6.5B	2.8B	3.6B	3.3B	3.5B
Non Current Assets Total	21.6B	21.6B	21.0B	22.1B	24.5B	25.7B
Non Currrent Assets Other	568.6M	578.5M	554.2M	546.5M	617M	647.9M
Cash And Short Term Investments	4.6B	6.6B	3.2B	4.0B	3.5B	1.8B
Net Receivables	883.4M	940M	1.2B	1.2B	1.2B	1.3B
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.1B	1.2B
Liabilities And Stockholders Equity	29.4B	31.4B	28.0B	29.4B	31.3B	32.9B
Non Current Liabilities Total	29.8B	28.6B	27.5B	28.1B	29.7B	31.2B
Inventory	1.6B	1.6B	2.2B	1.8B	1.8B	1.9B
Other Current Assets	739.5M	594.6M	483.7M	359.9M	313.1M	314.0M
Other Stockholder Equity	373.9M	846.1M	205.3M	38.1M	322.6M	338.7M
Total Liab	37.2B	36.7B	36.7B	37.4B	38.8B	40.7B
Total Current Assets	7.8B	9.8B	7.0B	7.3B	6.8B	3.4B
Short Term Debt	2.9B	3.5B	4.4B	4.4B	4.2B	4.4B
Short Term Investments	281.2M	162.2M	364.5M	401.5M	257M	254.3M
Property Plant And Equipment Gross	14.4B	14.6B	14.6B	15.8B	28.7B	30.2B
Accumulated Other Comprehensive Income	(364.6M)	147.2M	(463.2M)	(778.2M)	(428.8M)	(407.4M)
Good Will	3.6B	3.7B	3.3B	3.2B	3.3B	3.5B
Intangible Assets	552.1M	349.9M	155.9M	120.5M	100.9M	95.9M
Other Assets	2.2B	2.3B	2.5B	2.4B	2.7B	2.8B
Long Term Debt	14.7B	13.6B	13.1B	13.5B	14.3B	15.0B
Property Plant Equipment	6.4B	6.2B	14.6B	14.6B	16.8B	17.6B
Current Deferred Revenue	1.5B	1.6B	1.6B	1.7B	1.8B	1.9B
Other Liab	8.0B	7.4B	7.2B	6.9B	7.9B	8.3B
Net Tangible Assets	(10.5B)	(12.0B)	(9.3B)	(12.1B)	(10.9B)	(10.4B)
Noncontrolling Interest In Consolidated Entity	6.3M	1.2M	5.7M	7.9M	9.1M	4.9M
Retained Earnings Total Equity	(5.8B)	(7.8B)	(6.3B)	(8.4B)	(7.6B)	(7.2B)
Long Term Debt Total	11.2B	14.7B	13.6B	13.1B	15.1B	15.8B

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Starbucks Net Income vs Cost Of Revenue Analysis

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Net Income

Cost Of Revenue

Starbucks fundamental ratios Correlations

Starbucks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Starbucks fundamental ratios Accounts

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Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Non Current Liabilities Total
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Assets Total	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Short Long Term Debt Total

Non Current Liabilities Total	- 0.93	Retained Earnings
Non Current Liabilities Total	- 0.93	Total Stockholder Equity
Total Liab	- 0.92	Retained Earnings
Retained Earnings	- 0.92	Net Debt
Net Debt	- 0.92	Total Stockholder Equity
Retained Earnings	- 0.92	Short Long Term Debt Total