GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yum Brands Inc (FRA:TGR) » Definitions » Interest Expense

Yum Brands (FRA:TGR) Interest Expense : €-476 Mil (TTM As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Yum Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yum Brands's interest expense for the three months ended in Dec. 2023 was € -121 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-476 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Yum Brands's Operating Income for the three months ended in Dec. 2023 was € 569 Mil. Yum Brands's Interest Expense for the three months ended in Dec. 2023 was € -121 Mil. Yum Brands's Interest Coverage for the quarter that ended in Dec. 2023 was 4.70. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Yum Brands Interest Expense Historical Data

The historical data trend for Yum Brands's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yum Brands Interest Expense Chart

Yum Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -437.40 -446.35 -481.44 -497.49 -470.42

Yum Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -129.33 -121.42 -115.38 -118.06 -121.04

Yum Brands Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-476 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Yum Brands  (FRA:TGR) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Yum Brands's Interest Expense for the three months ended in Dec. 2023 was €-121 Mil. Its Operating Income for the three months ended in Dec. 2023 was €569 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €10,911 Mil.

Yum Brands's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*569.457/-121.044
=4.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Yum Brands (FRA:TGR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yum Brands Inc (FRA:TGR) » Definitions » Interest Expense
Comparable Companies
DRI DPZ YUMC WING TXRH CAVA LKNCY SHAK WEN BROS MCD SBUX CMG LSE:CPG TSX:QSP.UN TSX:QSR HKSE:06862 ADX:AMR TSE:7550 TSE:2702
Traded in Other Exchanges
YUM:USA YUM:Mexico TGR:Germany YUMR34:Brazil YUM:Austria
Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Website
https://www.yum.com
Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (27,760 global units at year-end 2022), Pizza Hut (19,034 units), Taco Bell (8,203 units), and The Habit Burger Grill (346 units). With $59 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($116 billion), ahead of Restaurant Brands International ($39 billion) and Starbucks ($27 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016 (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.