Yum! Brands Inc (YUM)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,871,000 | 1,625,000 | 1,635,000 | 1,774,000 | 1,609,000 | 1,705,000 | 1,515,000 | 1,546,000 | 1,609,000 | 1,595,000 | 1,429,000 | 1,356,000 | 1,532,000 | 2,062,000 | 1,514,000 | 1,454,000 | 1,689,000 | 2,030,000 | 2,398,000 | 1,991,000 |
| Total current liabilities | US$ in thousands | 1,269,000 | 1,186,000 | 1,136,000 | 1,188,000 | 1,277,000 | 1,504,000 | 1,487,000 | 1,555,000 | 1,665,000 | 1,244,000 | 1,183,000 | 1,302,000 | 1,415,000 | 1,355,000 | 1,558,000 | 1,479,000 | 1,675,000 | 1,553,000 | 1,475,000 | 1,500,000 |
| Current ratio | 1.47 | 1.37 | 1.44 | 1.49 | 1.26 | 1.13 | 1.02 | 0.99 | 0.97 | 1.28 | 1.21 | 1.04 | 1.08 | 1.52 | 0.97 | 0.98 | 1.01 | 1.31 | 1.63 | 1.33 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,871,000K ÷ $1,269,000K
= 1.47
The current ratio of Yum! Brands Inc has fluctuated over the periods provided in the data. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets. A current ratio above 1 indicates that the company has more current assets than current liabilities.
From March 31, 2020, to June 30, 2020, the current ratio improved from 1.33 to 1.63, showing the company had more short-term assets to cover its obligations. However, the ratio declined to 1.31 by September 30, 2020, and dropped further to 1.01 by December 31, 2020, raising concerns about the company's ability to meet its short-term obligations.
The trend of the current ratio remained weak in the following periods, dropping to 0.97 by June 30, 2021. However, there was a significant improvement by September 30, 2021, with the ratio increasing to 1.52, indicating a healthier position. The ratio declined slightly by the end of December 31, 2021, and continued to fluctuate in the subsequent periods.
Overall, despite some fluctuations, Yum! Brands Inc's current ratio has generally improved over the periods provided. It is important for investors and analysts to monitor this ratio to assess the company's liquidity and short-term financial health.
Peer comparison
Dec 31, 2024