Yum! Brands Inc (YUM)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the data provided, Yum! Brands Inc has consistently maintained a debt-to-assets ratio of 0.00 over the periods analyzed, indicating that the company's total debt is negligible compared to its total assets.
The debt-to-capital ratio, debt-to-equity ratio, and financial leverage ratio were not available in the data provided, so a comprehensive analysis of these solvency ratios for Yum! Brands Inc cannot be provided at this time.
Overall, the debt-to-assets ratio suggests that Yum! Brands Inc has a strong financial position with minimal leverage and a healthy balance sheet in terms of solvency.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 4.91 | 4.81 | 4.74 | 4.63 | 4.52 | 4.42 | 4.30 | 4.08 | 4.15 | 2.24 | 2.60 | 3.18 | 3.85 | 15.58 | 6.68 | 4.11 | 2.77 | 1.68 | 2.04 | 2.73 |
Yum! Brands Inc's interest coverage ratio has shown fluctuations over the periods provided. The interest coverage ratio is a measure of a company's ability to pay its interest expenses on outstanding debt. A higher ratio indicates a stronger ability to cover interest payments.
In March 2020, the interest coverage ratio was 2.73, indicating that the company could cover its interest payments 2.73 times over. This ratio decreased to 1.68 by September 2020, suggesting a potential strain in meeting interest obligations. However, Yum! Brands Inc showed improvement in its interest coverage ratio, reaching 15.58 by September 2021, which signifies a significant increase in the company's ability to cover interest expenses.
Subsequently, the interest coverage ratio experienced some variability, with fluctuations between 2.24 and 6.68 from September 2021 to June 2022. Overall, the interest coverage ratio has been relatively stable, ranging from 2.24 to 4.91 between September 2022 and December 2024. This indicates that the company has maintained a reasonable ability to cover its interest expenses during this period.
It is important for investors and stakeholders to monitor the interest coverage ratio over time to assess the company's financial health and ability to meet its debt obligations. Overall, the trend in Yum! Brands Inc's interest coverage ratio shows some variability but generally indicates a moderate to strong ability to cover interest payments.