Starbucks Corporation (SBUX) — Working Capital to Net Assets Ratio
Starbucks Corporation (SBUX) has a Working Capital to Net Assets ratio of 31.1% as of June 2026. Working capital of $-2.38 Billion (current assets of $7.53 Billion minus current liabilities of $9.92 Billion) is measured against net assets of $-7.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Starbucks Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Starbucks Corporation Working Capital to Net Assets (1991–2025)
This chart shows how Starbucks Corporation's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1991 to 2025. As of June 2026, the ratio stands at 31.1%, reflecting working capital of $-2.38 Billion against net assets of $-7.67 Billion USD. For the complete balance sheet picture, see SBUX asset base.
Annual Working Capital to Net Assets for Starbucks Corporation (1991–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Starbucks Corporation from 1991 to 2025, covering 35 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check how resilient are Starbucks Corporation's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 35.0% | $-2.83 Billion | $-8.09 Billion | $7.38 Billion | $10.21 Billion | ▲ +5.1 pp |
| 2024 | 29.9% | $-2.22 Billion | $-7.44 Billion | $6.85 Billion | $9.07 Billion | ▲ +4.3 pp |
| 2023 | 25.6% | $-2.04 Billion | $-7.99 Billion | $7.30 Billion | $9.35 Billion | ▲ +1.0 pp |
| 2022 | 24.5% | $-2.13 Billion | $-8.70 Billion | $7.02 Billion | $9.15 Billion | ▲ +54.7 pp |
| 2021 | -30.2% | $1.60 Billion | $-5.31 Billion | $9.76 Billion | $8.15 Billion | ▼ -24.3 pp |
| 2020 | -5.9% | $459.60 Million | $-7.80 Billion | $7.81 Billion | $7.35 Billion | ▼ -14.2 pp |
| 2019 | 8.3% | $-514.80 Million | $-6.23 Billion | $5.65 Billion | $6.17 Billion | ▼ -570.9 pp |
| 2018 | 579.2% | $6.81 Billion | $1.18 Billion | $12.49 Billion | $5.68 Billion | ▲ +559.7 pp |
| 2017 | 19.5% | $1.06 Billion | $5.46 Billion | $5.28 Billion | $4.22 Billion | ▲ +15.8 pp |
| 2016 | 3.6% | $213.60 Million | $5.89 Billion | $4.76 Billion | $4.55 Billion | ▼ -8.4 pp |
| 2015 | 12.0% | $699.20 Million | $5.82 Billion | $4.35 Billion | $3.65 Billion | ▼ -9.4 pp |
| 2014 | 21.4% | $1.13 Billion | $5.27 Billion | $4.17 Billion | $3.04 Billion | ▲ +19.3 pp |
| 2013 | 2.1% | $94.10 Million | $4.48 Billion | $5.47 Billion | $5.38 Billion | ▼ -36.8 pp |
| 2012 | 38.9% | $1.99 Billion | $5.11 Billion | $4.20 Billion | $2.21 Billion | ▼ -0.3 pp |
| 2011 | 39.2% | $1.72 Billion | $4.39 Billion | $3.79 Billion | $2.08 Billion | ▲ +12.6 pp |
| 2010 | 26.5% | $977.30 Million | $3.68 Billion | $2.76 Billion | $1.78 Billion | ▲ +11.6 pp |
| 2009 | 14.9% | $454.80 Million | $3.05 Billion | $2.04 Billion | $1.58 Billion | ▲ +32.5 pp |
| 2008 | -17.6% | $-441.70 Million | $2.51 Billion | $1.75 Billion | $2.19 Billion | ▲ +2.3 pp |
| 2007 | -19.9% | $-459.08 Million | $2.30 Billion | $1.70 Billion | $2.16 Billion | ▼ -1.7 pp |
| 2006 | -18.2% | $-405.83 Million | $2.23 Billion | $1.53 Billion | $1.94 Billion | ▼ -17.4 pp |
| 2005 | -0.8% | $-17.66 Million | $2.09 Billion | $1.21 Billion | $1.23 Billion | ▼ -24.4 pp |
| 2004 | 23.5% | $585.50 Million | $2.49 Billion | $1.37 Billion | $782.98 Million | ▲ +8.4 pp |
| 2003 | 15.1% | $315.33 Million | $2.08 Billion | $924.03 Million | $608.70 Million | ▼ -2.8 pp |
| 2002 | 18.0% | $310.05 Million | $1.73 Billion | $847.54 Million | $537.49 Million | ▲ +7.2 pp |
| 2001 | 10.8% | $148.66 Million | $1.38 Billion | $593.92 Million | $445.26 Million | ▼ -2.0 pp |
| 2000 | 12.7% | $146.57 Million | $1.15 Billion | $459.82 Million | $313.25 Million | ▼ -1.3 pp |
| 1999 | 14.0% | $134.90 Million | $961.00 Million | $386.50 Million | $251.60 Million | ▼ -5.8 pp |
| 1998 | 19.9% | $157.80 Million | $794.30 Million | $337.30 Million | $179.50 Million | ▼ -13.5 pp |
| 1997 | 33.4% | $177.60 Million | $531.80 Million | $316.60 Million | $139.00 Million | ▼ -19.4 pp |
| 1996 | 52.8% | $238.40 Million | $451.70 Million | $339.50 Million | $101.10 Million | ▲ +9.6 pp |
| 1995 | 43.1% | $134.70 Million | $312.20 Million | $205.70 Million | $71.00 Million | ▲ +2.9 pp |
| 1994 | 40.2% | $44.20 Million | $109.90 Million | $84.60 Million | $40.40 Million | ▼ -7.2 pp |
| 1993 | 47.4% | $41.80 Million | $88.10 Million | $66.20 Million | $24.40 Million | ▼ -6.5 pp |
| 1992 | 53.9% | $40.60 Million | $75.30 Million | $53.20 Million | $12.60 Million | ▲ +39.4 pp |
| 1991 | 14.5% | $3.20 Million | $22.10 Million | $11.40 Million | $8.20 Million | — |