Starbucks Other Operating Expenses vs Net Income From Continuing Ops 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 Other Operating Expenses and its Net Income From Continuing Ops 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.

Other Operating Expenses vs Net Income From Continuing Ops

Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbucks Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Starbucks' Other Operating Expenses and Net Income From Continuing Ops is 0.69. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Starbucks, assuming nothing else is changed. The correlation between historical values of Starbucks' Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Starbucks are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Starbucks' Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Starbucks. It is also known as Starbucks overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income From Continuing Ops

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 Profit8.4B9.8B9.7B10.2B
Total Revenue32.3B36.0B36.2B38.0B

Starbucks fundamental ratios Correlations

0.950.190.96-0.790.950.89-0.80.940.660.980.930.570.89-0.290.960.850.40.60.970.640.84-0.53-0.090.85-0.53
0.950.00.92-0.910.980.98-0.920.880.470.980.870.380.82-0.520.980.750.190.60.980.440.93-0.31-0.060.89-0.31
0.190.00.31-0.03-0.02-0.06-0.020.210.350.10.160.390.220.320.090.280.30.120.130.44-0.21-0.48-0.06-0.11-0.48
0.960.920.31-0.790.930.88-0.790.950.520.960.890.450.93-0.260.920.880.240.540.940.550.84-0.550.010.84-0.55
-0.79-0.91-0.03-0.79-0.85-0.921.0-0.76-0.33-0.85-0.69-0.25-0.640.73-0.93-0.56-0.11-0.46-0.91-0.3-0.810.050.1-0.750.05
0.950.98-0.020.93-0.850.97-0.850.90.420.990.880.320.88-0.430.950.780.120.590.960.40.95-0.38-0.030.94-0.38
0.890.98-0.060.88-0.920.97-0.920.840.30.960.830.210.81-0.560.950.710.030.550.950.290.94-0.25-0.050.9-0.25
-0.8-0.92-0.02-0.791.0-0.85-0.92-0.75-0.34-0.85-0.69-0.27-0.630.73-0.93-0.55-0.11-0.51-0.92-0.31-0.820.050.1-0.760.05
0.940.880.210.95-0.760.90.84-0.750.550.930.920.440.94-0.260.90.880.320.380.920.540.79-0.54-0.120.85-0.54
0.660.470.350.52-0.330.420.3-0.340.550.490.510.970.38-0.010.560.430.870.460.560.920.28-0.4-0.140.31-0.4
0.980.980.10.96-0.850.990.96-0.850.930.490.930.390.91-0.380.970.830.210.580.980.480.9-0.45-0.10.91-0.45
0.930.870.160.89-0.690.880.83-0.690.920.510.930.420.92-0.150.870.90.320.480.890.530.76-0.62-0.120.8-0.62
0.570.380.390.45-0.250.320.21-0.270.440.970.390.420.290.070.470.390.890.410.470.970.21-0.41-0.020.17-0.41
0.890.820.220.93-0.640.880.81-0.630.940.380.910.920.29-0.070.810.940.150.370.840.440.77-0.68-0.050.82-0.68
-0.29-0.520.32-0.260.73-0.43-0.560.73-0.26-0.01-0.38-0.150.07-0.07-0.510.090.18-0.25-0.470.13-0.47-0.630.3-0.42-0.63
0.960.980.090.92-0.930.950.95-0.930.90.560.970.870.470.81-0.510.740.310.571.00.530.87-0.32-0.120.85-0.32
0.850.750.280.88-0.560.780.71-0.550.880.430.830.90.390.940.090.740.310.340.780.550.71-0.790.110.67-0.79
0.40.190.30.24-0.110.120.03-0.110.320.870.210.320.890.150.180.310.310.10.30.860.0-0.39-0.050.01-0.39
0.60.60.120.54-0.460.590.55-0.510.380.460.580.480.410.37-0.250.570.340.10.570.380.55-0.210.010.52-0.21
0.970.980.130.94-0.910.960.95-0.920.920.560.980.890.470.84-0.471.00.780.30.570.540.87-0.37-0.10.86-0.37
0.640.440.440.55-0.30.40.29-0.310.540.920.480.530.970.440.130.530.550.860.380.540.29-0.56-0.010.22-0.56
0.840.93-0.210.84-0.810.950.94-0.820.790.280.90.760.210.77-0.470.870.710.00.550.870.29-0.260.150.87-0.26
-0.53-0.31-0.48-0.550.05-0.38-0.250.05-0.54-0.4-0.45-0.62-0.41-0.68-0.63-0.32-0.79-0.39-0.21-0.37-0.56-0.26-0.22-0.31.0
-0.09-0.06-0.060.010.1-0.03-0.050.1-0.12-0.14-0.1-0.12-0.02-0.050.3-0.120.11-0.050.01-0.1-0.010.15-0.22-0.04-0.22
0.850.89-0.110.84-0.750.940.9-0.760.850.310.910.80.170.82-0.420.850.670.010.520.860.220.87-0.3-0.04-0.3
-0.53-0.31-0.48-0.550.05-0.38-0.250.05-0.54-0.4-0.45-0.62-0.41-0.68-0.63-0.32-0.79-0.39-0.21-0.37-0.56-0.261.0-0.22-0.3
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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 Total25.3B23.6B23.8B24.6B25.8B27.1B
Other Current Liab2.0B2.0B1.9B1.8B1.5B1.1B
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 Debt20.9B17.1B21.0B21.0B22.5B23.6B
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 Debt2.9B3.5B4.4B4.4B4.2B4.4B
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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