0QYD Stock | | | 139.18 0.09 0.06% |
Yum Brands financial indicator trend analysis is more than just analyzing Yum Brands current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yum Brands is a good investment. Please check the relationship between Yum Brands Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yum Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Yum Stock please use our
How to Invest in Yum Brands guide.
Current Deferred Revenue vs Cash And Short Term Investments
Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yum Brands Current Deferred Revenue account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yum Brands' Current Deferred Revenue and Cash And Short Term Investments is -0.16. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Yum Brands, assuming nothing else is changed. The correlation between historical values of Yum Brands' Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Yum Brands are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Yum Brands' Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Yum Brands balance sheet. This account contains Yum Brands investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Yum Brands fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Yum Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yum Brands current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yum Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Yum Stock please use our
How to Invest in Yum Brands guide.
Selling General Administrative is likely to drop to about 872
M in 2024.
Tax Provision is likely to drop to about 99.2
M in 2024
Yum Brands fundamental ratios Correlations
Click cells to compare fundamentals
Yum Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yum Brands fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Yum Stock Analysis
When running Yum Brands' price analysis, check to
measure Yum Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yum Brands is operating at the current time. Most of Yum Brands' value examination focuses on studying past and present price action to
predict the probability of Yum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yum Brands' price. Additionally, you may evaluate how the addition of Yum Brands to your portfolios can decrease your overall portfolio volatility.