Yum Brands' Debt Overview
Shares of Yum Brands Inc. (NYSE:YUM) rose by 15.79% in the past three months. Before having a look at the importance of debt, let's look at how much debt Yum Brands has.
Yum Brands Inc. YUM shares rose 15.79% over the past three months. The company's net debt was adjusted for $410.00million in cash-equivalents. Current debt refers to the company's portion that is due in the next year. Long-term debt refers to the portion that is due in the next year. The debt ratio is the sum of current debt and long-term debt, minus cash equivalents. Yum Brands has $5.78 billion in total assets. Yum Brands has $5.78 billion of total assets. The debt ratio is 2.01. Higher debt ratios can indicate that a company is at greater risk of default if interest rates rise. Different industries have different debt ratios. Looking for stocks with low debt to equity ratios? Benzinga Pro is a market research platform that provides investors near-instantaneous access dozens of stock metrics, including the debt-to-equity ratio. Click here for more information. This article was created by Benzinga's automatic content engine and edited by an editor.