GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yellow Corp (OTCPK:YELLQ) » Definitions » LT-Debt-to-Total-Asset

Yellow (Yellow) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Yellow LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Yellow's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.14.

Yellow's long-term debt to total assets ratio declined from Jun. 2022 (0.63) to Jun. 2023 (0.14). It may suggest that Yellow is progressively becoming less dependent on debt to grow their business.

Yellow LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yellow's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Yellow Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.60 0.64 0.66 0.69

Yellow Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
LT-Debt-to-Total-Asset 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 0.63 0.64 0.69 0.73 0.14

Yellow LT-Debt-to-Total-Asset Calculation

Yellow's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=1560.8/2279.3
=0.68

Yellow's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=292.1/2147.6
=0.14

* 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) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Yellow LT-Debt-to-Total-Asset Related Terms

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

Yellow (Yellow) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yellow Corp (OTCPK:YELLQ) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
CVLG DSKE PTSI HTLD TSPH BEST YGMZ TLSS WOEN ULH ODFL XPO TSX:TFII SAIA KNX TSE:9064 SNDR ARCB SHSE:603056 TSE:9076
Traded in Other Exchanges
N/A
Address
501 Commerce Street, Suite 1120, Nashville, TN, USA, 37203
Website
https://www.myyellow.com
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