Starbucks' current ratio increased from 1.05 in October 2016 to 1.25 in October 2017, indicating that the company had more current assets relative to current liabilities in 2017 compared to 2016. The current ratios of competitors and the travel & leisure sector were generally higher than Starbucks' ratio, while the ratio for the consumer services industry was close to Starbucks' ratio for both years.
Starbucks' current ratio increased from 1.05 in October 2016 to 1.25 in October 2017, indicating that the company had more current assets relative to current liabilities in 2017 compared to 2016. The current ratios of competitors and the travel & leisure sector were generally higher than Starbucks' ratio, while the ratio for the consumer services industry was close to Starbucks' ratio for both years.
Starbucks' current ratio increased from 1.05 in October 2016 to 1.25 in October 2017, indicating that the company had more current assets relative to current liabilities in 2017 compared to 2016. The current ratios of competitors and the travel & leisure sector were generally higher than Starbucks' ratio, while the ratio for the consumer services industry was close to Starbucks' ratio for both years.
Starbucks' current ratio increased from 1.05 in October 2016 to 1.25 in October 2017, indicating that the company had more current assets relative to current liabilities in 2017 compared to 2016. The current ratios of competitors and the travel & leisure sector were generally higher than Starbucks' ratio, while the ratio for the consumer services industry was close to Starbucks' ratio for both years.