Yum! Brands Inc (YUM)

Debt-to-assets ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	6,727,000	6,231,000	5,846,000	5,966,000	5,852,000
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,727,000K
= 0.00

Based on the provided data, Yum! Brands Inc consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company had no debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 implies that the company funded its operations and investments primarily through equity financing rather than debt financing. This can be seen as a positive sign, as it suggests a low financial risk and potentially greater financial stability for the company.