Analysis of Solvency Ratios
Quarterly Data
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
YUM! Brands Inc., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2016-09-03), 10-Q (reporting date: 2016-06-11), 10-Q (reporting date: 2016-03-19), 10-K (reporting date: 2015-12-26), 10-Q (reporting date: 2015-09-05), 10-Q (reporting date: 2015-06-13), 10-Q (reporting date: 2015-03-21), 10-K (reporting date: 2014-12-27), 10-Q (reporting date: 2014-09-06), 10-Q (reporting date: 2014-06-14), 10-Q (reporting date: 2014-03-22), 10-K (reporting date: 2013-12-28), 10-Q (reporting date: 2013-09-07), 10-Q (reporting date: 2013-06-15), 10-Q (reporting date: 2013-03-23), 10-K (reporting date: 2012-12-29), 10-Q (reporting date: 2012-09-08), 10-Q (reporting date: 2012-06-16), 10-Q (reporting date: 2012-03-24), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-03), 10-Q (reporting date: 2011-06-11), 10-Q (reporting date: 2011-03-19).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | YUM! Brands Inc. debt to capital ratio deteriorated from Q1 2016 to Q2 2016 and from Q2 2016 to Q3 2016. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | YUM! Brands Inc. debt to assets ratio deteriorated from Q1 2016 to Q2 2016 and from Q2 2016 to Q3 2016. |
Debt to Equity
YUM! Brands Inc., debt to equity calculation (quarterly data)
| Sep 3, 2016 | Jun 11, 2016 | Mar 19, 2016 | Dec 26, 2015 | Sep 5, 2015 | Jun 13, 2015 | Mar 21, 2015 | Dec 27, 2014 | Sep 6, 2014 | Jun 14, 2014 | Mar 22, 2014 | Dec 28, 2013 | Sep 7, 2013 | Jun 15, 2013 | Mar 23, 2013 | Dec 29, 2012 | Sep 8, 2012 | Jun 16, 2012 | Mar 24, 2012 | Dec 31, 2011 | Sep 3, 2011 | Jun 11, 2011 | Mar 19, 2011 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||
| Short-term borrowings | 48) | 39) | 2,321) | 923) | 566) | 568) | 266) | 267) | 72) | 70) | 70) | 71) | 15) | 68) | 21) | 10) | 18) | 316) | 319) | 320) | 287) | 19) | 670) | |||||||
| Long-term debt | 9,119) | 5,324) | 2,510) | 3,054) | 2,651) | 2,831) | 3,121) | 3,077) | 3,315) | 3,095) | 2,949) | 2,918) | 2,917) | 2,918) | 2,924) | 2,932) | 3,003) | 2,995) | 3,006) | 2,997) | 2,940) | 3,269) | 2,918) | |||||||
| Total debt | 9,167) | 5,363) | 4,831) | 3,977) | 3,217) | 3,399) | 3,387) | 3,344) | 3,387) | 3,165) | 3,019) | 2,989) | 2,932) | 2,986) | 2,945) | 2,942) | 3,021) | 3,311) | 3,325) | 3,317) | 3,227) | 3,288) | 3,588) | |||||||
| Shareholders’ equity (deficit), YUM! Brands, Inc. | (1,896) | (389) | 156) | 911) | 1,825) | 1,569) | 1,707) | 1,547) | 2,505) | 2,264) | 2,275) | 2,166) | 2,194) | 2,223) | 2,293) | 2,154) | 2,197) | 2,135) | 2,142) | 1,823) | 1,993) | 1,805) | 1,783) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||
| Debt to equity1 | — | — | 30.97 | 4.37 | 1.76 | 2.17 | 1.98 | 2.16 | 1.35 | 1.40 | 1.33 | 1.38 | 1.34 | 1.34 | 1.28 | 1.37 | 1.38 | 1.55 | 1.55 | 1.82 | 1.62 | 1.82 | 2.01 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | ||||||||||||||||||||||||||||||
| Airbnb Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2016-09-03), 10-Q (reporting date: 2016-06-11), 10-Q (reporting date: 2016-03-19), 10-K (reporting date: 2015-12-26), 10-Q (reporting date: 2015-09-05), 10-Q (reporting date: 2015-06-13), 10-Q (reporting date: 2015-03-21), 10-K (reporting date: 2014-12-27), 10-Q (reporting date: 2014-09-06), 10-Q (reporting date: 2014-06-14), 10-Q (reporting date: 2014-03-22), 10-K (reporting date: 2013-12-28), 10-Q (reporting date: 2013-09-07), 10-Q (reporting date: 2013-06-15), 10-Q (reporting date: 2013-03-23), 10-K (reporting date: 2012-12-29), 10-Q (reporting date: 2012-09-08), 10-Q (reporting date: 2012-06-16), 10-Q (reporting date: 2012-03-24), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-03), 10-Q (reporting date: 2011-06-11), 10-Q (reporting date: 2011-03-19).
1 Q3 2016 Calculation
Debt to equity = Total debt ÷ Shareholders’ equity (deficit), YUM! Brands, Inc.
= 9,167 ÷ -1,896 = —
2 Click competitor name to see calculations.
Debt to Capital
YUM! Brands Inc., debt to capital calculation (quarterly data)
| Sep 3, 2016 | Jun 11, 2016 | Mar 19, 2016 | Dec 26, 2015 | Sep 5, 2015 | Jun 13, 2015 | Mar 21, 2015 | Dec 27, 2014 | Sep 6, 2014 | Jun 14, 2014 | Mar 22, 2014 | Dec 28, 2013 | Sep 7, 2013 | Jun 15, 2013 | Mar 23, 2013 | Dec 29, 2012 | Sep 8, 2012 | Jun 16, 2012 | Mar 24, 2012 | Dec 31, 2011 | Sep 3, 2011 | Jun 11, 2011 | Mar 19, 2011 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||
| Short-term borrowings | 48) | 39) | 2,321) | 923) | 566) | 568) | 266) | 267) | 72) | 70) | 70) | 71) | 15) | 68) | 21) | 10) | 18) | 316) | 319) | 320) | 287) | 19) | 670) | |||||||
| Long-term debt | 9,119) | 5,324) | 2,510) | 3,054) | 2,651) | 2,831) | 3,121) | 3,077) | 3,315) | 3,095) | 2,949) | 2,918) | 2,917) | 2,918) | 2,924) | 2,932) | 3,003) | 2,995) | 3,006) | 2,997) | 2,940) | 3,269) | 2,918) | |||||||
| Total debt | 9,167) | 5,363) | 4,831) | 3,977) | 3,217) | 3,399) | 3,387) | 3,344) | 3,387) | 3,165) | 3,019) | 2,989) | 2,932) | 2,986) | 2,945) | 2,942) | 3,021) | 3,311) | 3,325) | 3,317) | 3,227) | 3,288) | 3,588) | |||||||
| Shareholders’ equity (deficit), YUM! Brands, Inc. | (1,896) | (389) | 156) | 911) | 1,825) | 1,569) | 1,707) | 1,547) | 2,505) | 2,264) | 2,275) | 2,166) | 2,194) | 2,223) | 2,293) | 2,154) | 2,197) | 2,135) | 2,142) | 1,823) | 1,993) | 1,805) | 1,783) | |||||||
| Total capital | 7,271) | 4,974) | 4,987) | 4,888) | 5,042) | 4,968) | 5,094) | 4,891) | 5,892) | 5,429) | 5,294) | 5,155) | 5,126) | 5,209) | 5,238) | 5,096) | 5,218) | 5,446) | 5,467) | 5,140) | 5,220) | 5,093) | 5,371) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||
| Debt to capital1 | 1.26 | 1.08 | 0.97 | 0.81 | 0.64 | 0.68 | 0.66 | 0.68 | 0.57 | 0.58 | 0.57 | 0.58 | 0.57 | 0.57 | 0.56 | 0.58 | 0.58 | 0.61 | 0.61 | 0.65 | 0.62 | 0.65 | 0.67 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | ||||||||||||||||||||||||||||||
| Airbnb Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2016-09-03), 10-Q (reporting date: 2016-06-11), 10-Q (reporting date: 2016-03-19), 10-K (reporting date: 2015-12-26), 10-Q (reporting date: 2015-09-05), 10-Q (reporting date: 2015-06-13), 10-Q (reporting date: 2015-03-21), 10-K (reporting date: 2014-12-27), 10-Q (reporting date: 2014-09-06), 10-Q (reporting date: 2014-06-14), 10-Q (reporting date: 2014-03-22), 10-K (reporting date: 2013-12-28), 10-Q (reporting date: 2013-09-07), 10-Q (reporting date: 2013-06-15), 10-Q (reporting date: 2013-03-23), 10-K (reporting date: 2012-12-29), 10-Q (reporting date: 2012-09-08), 10-Q (reporting date: 2012-06-16), 10-Q (reporting date: 2012-03-24), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-03), 10-Q (reporting date: 2011-06-11), 10-Q (reporting date: 2011-03-19).
1 Q3 2016 Calculation
Debt to capital = Total debt ÷ Total capital
= 9,167 ÷ 7,271 = 1.26
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | YUM! Brands Inc. debt to capital ratio deteriorated from Q1 2016 to Q2 2016 and from Q2 2016 to Q3 2016. |
Debt to Assets
YUM! Brands Inc., debt to assets calculation (quarterly data)
| Sep 3, 2016 | Jun 11, 2016 | Mar 19, 2016 | Dec 26, 2015 | Sep 5, 2015 | Jun 13, 2015 | Mar 21, 2015 | Dec 27, 2014 | Sep 6, 2014 | Jun 14, 2014 | Mar 22, 2014 | Dec 28, 2013 | Sep 7, 2013 | Jun 15, 2013 | Mar 23, 2013 | Dec 29, 2012 | Sep 8, 2012 | Jun 16, 2012 | Mar 24, 2012 | Dec 31, 2011 | Sep 3, 2011 | Jun 11, 2011 | Mar 19, 2011 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||
| Short-term borrowings | 48) | 39) | 2,321) | 923) | 566) | 568) | 266) | 267) | 72) | 70) | 70) | 71) | 15) | 68) | 21) | 10) | 18) | 316) | 319) | 320) | 287) | 19) | 670) | |||||||
| Long-term debt | 9,119) | 5,324) | 2,510) | 3,054) | 2,651) | 2,831) | 3,121) | 3,077) | 3,315) | 3,095) | 2,949) | 2,918) | 2,917) | 2,918) | 2,924) | 2,932) | 3,003) | 2,995) | 3,006) | 2,997) | 2,940) | 3,269) | 2,918) | |||||||
| Total debt | 9,167) | 5,363) | 4,831) | 3,977) | 3,217) | 3,399) | 3,387) | 3,344) | 3,387) | 3,165) | 3,019) | 2,989) | 2,932) | 2,986) | 2,945) | 2,942) | 3,021) | 3,311) | 3,325) | 3,317) | 3,227) | 3,288) | 3,588) | |||||||
| Total assets | 10,432) | 8,184) | 8,221) | 8,075) | 8,306) | 8,294) | 8,305) | 8,345) | 9,177) | 8,810) | 8,705) | 8,695) | 8,730) | 8,764) | 8,945) | 9,011) | 8,974) | 9,177) | 9,343) | 8,834) | 8,549) | 8,207) | 8,426) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||
| Debt to assets1 | 0.88 | 0.66 | 0.59 | 0.49 | 0.39 | 0.41 | 0.41 | 0.40 | 0.37 | 0.36 | 0.35 | 0.34 | 0.34 | 0.34 | 0.33 | 0.33 | 0.34 | 0.36 | 0.36 | 0.38 | 0.38 | 0.40 | 0.43 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | ||||||||||||||||||||||||||||||
| Airbnb Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2016-09-03), 10-Q (reporting date: 2016-06-11), 10-Q (reporting date: 2016-03-19), 10-K (reporting date: 2015-12-26), 10-Q (reporting date: 2015-09-05), 10-Q (reporting date: 2015-06-13), 10-Q (reporting date: 2015-03-21), 10-K (reporting date: 2014-12-27), 10-Q (reporting date: 2014-09-06), 10-Q (reporting date: 2014-06-14), 10-Q (reporting date: 2014-03-22), 10-K (reporting date: 2013-12-28), 10-Q (reporting date: 2013-09-07), 10-Q (reporting date: 2013-06-15), 10-Q (reporting date: 2013-03-23), 10-K (reporting date: 2012-12-29), 10-Q (reporting date: 2012-09-08), 10-Q (reporting date: 2012-06-16), 10-Q (reporting date: 2012-03-24), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-03), 10-Q (reporting date: 2011-06-11), 10-Q (reporting date: 2011-03-19).
1 Q3 2016 Calculation
Debt to assets = Total debt ÷ Total assets
= 9,167 ÷ 10,432 = 0.88
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | YUM! Brands Inc. debt to assets ratio deteriorated from Q1 2016 to Q2 2016 and from Q2 2016 to Q3 2016. |
Financial Leverage
YUM! Brands Inc., financial leverage calculation (quarterly data)
| Sep 3, 2016 | Jun 11, 2016 | Mar 19, 2016 | Dec 26, 2015 | Sep 5, 2015 | Jun 13, 2015 | Mar 21, 2015 | Dec 27, 2014 | Sep 6, 2014 | Jun 14, 2014 | Mar 22, 2014 | Dec 28, 2013 | Sep 7, 2013 | Jun 15, 2013 | Mar 23, 2013 | Dec 29, 2012 | Sep 8, 2012 | Jun 16, 2012 | Mar 24, 2012 | Dec 31, 2011 | Sep 3, 2011 | Jun 11, 2011 | Mar 19, 2011 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||
| Total assets | 10,432) | 8,184) | 8,221) | 8,075) | 8,306) | 8,294) | 8,305) | 8,345) | 9,177) | 8,810) | 8,705) | 8,695) | 8,730) | 8,764) | 8,945) | 9,011) | 8,974) | 9,177) | 9,343) | 8,834) | 8,549) | 8,207) | 8,426) | |||||||
| Shareholders’ equity (deficit), YUM! Brands, Inc. | (1,896) | (389) | 156) | 911) | 1,825) | 1,569) | 1,707) | 1,547) | 2,505) | 2,264) | 2,275) | 2,166) | 2,194) | 2,223) | 2,293) | 2,154) | 2,197) | 2,135) | 2,142) | 1,823) | 1,993) | 1,805) | 1,783) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||
| Financial leverage1 | — | — | 52.70 | 8.86 | 4.55 | 5.29 | 4.87 | 5.39 | 3.66 | 3.89 | 3.83 | 4.01 | 3.98 | 3.94 | 3.90 | 4.18 | 4.08 | 4.30 | 4.36 | 4.85 | 4.29 | 4.55 | 4.73 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | ||||||||||||||||||||||||||||||
| Airbnb Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2016-09-03), 10-Q (reporting date: 2016-06-11), 10-Q (reporting date: 2016-03-19), 10-K (reporting date: 2015-12-26), 10-Q (reporting date: 2015-09-05), 10-Q (reporting date: 2015-06-13), 10-Q (reporting date: 2015-03-21), 10-K (reporting date: 2014-12-27), 10-Q (reporting date: 2014-09-06), 10-Q (reporting date: 2014-06-14), 10-Q (reporting date: 2014-03-22), 10-K (reporting date: 2013-12-28), 10-Q (reporting date: 2013-09-07), 10-Q (reporting date: 2013-06-15), 10-Q (reporting date: 2013-03-23), 10-K (reporting date: 2012-12-29), 10-Q (reporting date: 2012-09-08), 10-Q (reporting date: 2012-06-16), 10-Q (reporting date: 2012-03-24), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-03), 10-Q (reporting date: 2011-06-11), 10-Q (reporting date: 2011-03-19).
1 Q3 2016 Calculation
Financial leverage = Total assets ÷ Shareholders’ equity (deficit), YUM! Brands, Inc.
= 10,432 ÷ -1,896 = —
2 Click competitor name to see calculations.