Given the information from the table below, appraise Starbuck's cash flow from assets, profitability and long-term solvency ratios over the last three years.

 

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Cash flow from assets 2020 2021 2022 $76 042 $103 166 2020 2021 2022 Gross profit margin 27.39% 28.71% 29.38% EBIT margin 11.84% 11.75% 12.18% Net profit margin 9.95% 9.70% 9.93% ROE 37.23% 32.13% 29.42% ROA 20.03% 17.97% 16.94% Debt-equity ratio 85.12% 78.06% 72.96% Total debt ratio 46.19% 44.06% 42.40% Equity multiplier 185.84% 178.76% 173.60% Times interest earned 8185.42% 6809.73% 6809.73% 5872.60% Cash coverage ratio 9215.43% 7674.15% 6936.30% Cash flow from assets 2020 2021 2022 $76 042 $103 166 2020 2021 2022 Gross profit margin 27.39% 28.71% 29.38% EBIT margin 11.84% 11.75% 12.18% Net profit margin 9.95% 9.70% 9.93% ROE 37.23% 32.13% 29.42% ROA 20.03% 17.97% 16.94% Debt-equity ratio 85.12% 78.06% 72.96% Total debt ratio 46.19% 44.06% 42.40% Equity multiplier 185.84% 178.76% 173.60% Times interest earned 8185.42% 6809.73% 6809.73% 5872.60% Cash coverage ratio 9215.43% 7674.15% 6936.30%

Answer rating: 100% (QA)

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