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Yum China Holdings (Yum China Holdings) Debt-to-Equity

: 0.40 (As of Dec. 2023)
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Yum China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $594 Mil. Yum China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,943 Mil. Yum China Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,405 Mil. Yum China Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 Yum China Holdings's Debt-to-Equity or its related term are showing as below:

YUMC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 0.72
Current: 0.4

During the past 11 years, the highest Debt-to-Equity Ratio of Yum China Holdings was 0.72. The lowest was 0.01. And the median was 0.19.

YUMC's Debt-to-Equity is ranked better than
77.81% of 302 companies
in the Restaurants industry
Industry Median: 0.95 vs YUMC: 0.40

Yum China Holdings Debt-to-Equity Historical Data

The historical data trend for Yum China Holdings'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.

Yum China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.39 0.40 0.37 0.40

Yum China Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.37 0.35 0.34 0.37 0.40

Competitive Comparison

For the Restaurants subindustry, Yum China Holdings'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.


Yum China Holdings Debt-to-Equity Distribution

For the Restaurants industry and Consumer Cyclical sector, Yum China Holdings's Debt-to-Equity distribution charts can be found below:

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



Yum China Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yum China Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Yum China Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Yum China Holdings  (NYSE:YUMC) 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.


Yum China Holdings Debt-to-Equity Related Terms

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


Yum China Holdings (Yum China Holdings) Business Description

Traded in Other Exchanges
Address
20 Tian Yao Qiao Road, Yum China Building, Shanghai, CHN, 200030
With almost 13,000 units and USD 10 billion in systemwide sales in 2022, Yum China is the largest restaurant chain in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (9,094 units) and Pizza Hut (2,903), but the company's portfolio also includes other brands such as Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, and Lavazza (collectively representing about 950 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.
Executives
Leila Zhang officer: Chief Technology Officer YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Joey Wat officer: Chief Executive Officer, KFC 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Warton Wang officer: General Manager, KFC YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
David L Hoffmann director MCDONALD'S APMEA, 1 KIM SENG PROMENADE, SINGAPORE U0 237995
Christina (xiaojing) Zhu director YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Peter A Bassi director 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Fred Hu director 28TH FLOOR, 28 HENNESSY ROAD, ADMIRALTY K3 852
William Wang Yang director 48/F CHINA WORLD TOWER 3, NO 1 JIAN GUO MEN WAI AVENUE, BEIJING F4 100004
Johnson Huang officer: Chief Info & Marketing Officer 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Duoduo (howard) Huang officer: Chief Supply Chain Officer YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Aiken Yuen officer: Chief People Officer 16/F TWO GRAND GATEWAY 3 HONG QIAO ROAD, SHANGHAI F4 200030
Alice H Wang officer: Vice President, Public Affairs 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Min (jenny) Zhang director YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Danny Tan officer: Chief Support Officer 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Angela Ai officer: Chief Development Officer 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030