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Yellow (Yellow) Debt-to-Equity : -3.59 (As of Jun. 2023)


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What is Yellow Debt-to-Equity?

Yellow's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1,318 Mil. Yellow's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $292 Mil. Yellow's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-448 Mil. Yellow's debt to equity for the quarter that ended in Jun. 2023 was -3.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Yellow's Debt-to-Equity or its related term are showing as below:

YELLQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.77   Med: -2.88   Max: -2.04
Current: -3.59

During the past 13 years, the highest Debt-to-Equity Ratio of Yellow was -2.04. The lowest was -6.77. And the median was -2.88.

YELLQ's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.55 vs YELLQ: -3.59

Yellow Debt-to-Equity Historical Data

The historical data trend for Yellow's Debt-to-Equity 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.

Yellow Debt-to-Equity Chart

Yellow Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.86 -2.79 -6.77 -4.81 -4.42

Yellow Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-Equity 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 -5.28 -5.07 -4.42 -3.70 -3.59

Competitive Comparison of Yellow's Debt-to-Equity

For the Trucking subindustry, Yellow's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yellow's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yellow's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Yellow's Debt-to-Equity falls into.



Yellow Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yellow's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Yellow's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.


Yellow  (OTCPK:YELLQ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Yellow Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Yellow's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Yellow (Yellow) Business Description

Traded in Other Exchanges
N/A
Address
501 Commerce Street, Suite 1120, Nashville, TN, USA, 37203
Yellow Corp is engaged in offering transportation services. It has a comprehensive less-than-truckload (LTL) networks in North America with local, regional, national, and international capabilities. The company offers expertise in LTL shipments and flexible supply chain solutions, ensuring customers ship industrial, commercial and retail goods. Its revenue is primarily derived from transporting LTL shipments in the United States and it also offers other services such as truckload services, customer-specific logistics solutions, and other services.
Executives
Mary Nell Browning director 2200 WILLOWICK ROAD, APT. 15C, HOUSTON TX 77027
Thomas A. Knott director 103 GRACE HILL ROAD, NEWBURY NH 03255
Daniel L. Olivier officer: Interim CFO 10990 ROE AVENUE, OVERLAND PARK KS 66211
Mfn Partners, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Farhad Nanji 10 percent owner C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
Mfn Partners Management, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Management, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
David H. Webber director 11500 OUTLOOK STREET, SUITE 400, OVERLAND PARK KS 66224
James E. Hoffman director 325 INNES WAY, CEDAR RAPIDS IA 52403
Annlea Rumfola officer: Chief Information Officer 501 COMMERCE STREET, SUITE 1120, NASHVILLE TN 37203
Shaunna D. Jones director 10990 ROE AVENUE, OVERLAND PARK KS 66211
James R. Faught officer: Chief Accounting Officer 10990 ROE AVENUE, OVERLAND PARK KS 66211
Javier L. Evans director 400 RELLA BOULEVARD, MONTEBELLO NY 10901