Yum Intangible Assets vs Other Current Assets Analysis

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 Intangible Assets and its Other Current Assets 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.

Intangible Assets vs Other Current Assets

Intangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yum Brands Intangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yum Brands' Intangible Assets and Other Current Assets is 0.88. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Assets 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' Intangible Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Yum Brands are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Intangible Assets i.e., Yum Brands' Intangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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
 2021 2022 2023 2024 (projected)
Gross Profit3.2B3.3B3.5B3.3B
Total Revenue6.6B6.8B7.1B6.0B

Yum Brands fundamental ratios Correlations

0.890.880.930.84-0.850.930.72-0.370.980.630.55-0.38-0.760.720.83-0.860.80.290.82-0.840.060.51-0.870.220.76
0.890.960.890.58-0.840.890.43-0.440.880.770.82-0.45-0.790.430.82-0.880.550.630.73-0.840.060.76-0.860.470.74
0.880.960.890.58-0.850.890.44-0.40.850.720.79-0.4-0.790.370.82-0.890.560.630.75-0.850.120.75-0.870.60.81
0.930.890.890.83-0.981.00.71-0.330.910.620.51-0.34-0.910.530.96-0.980.840.290.85-0.980.060.43-0.990.240.9
0.840.580.580.83-0.80.830.96-0.250.860.310.06-0.26-0.710.810.77-0.760.98-0.220.76-0.78-0.070.0-0.8-0.220.68
-0.85-0.84-0.85-0.98-0.8-0.98-0.690.26-0.84-0.6-0.440.270.92-0.42-0.960.99-0.83-0.25-0.841.0-0.08-0.360.99-0.21-0.88
0.930.890.891.00.83-0.980.71-0.330.910.620.51-0.33-0.910.530.97-0.980.840.290.84-0.980.060.43-0.990.240.9
0.720.430.440.710.96-0.690.71-0.30.760.22-0.11-0.3-0.570.840.63-0.640.95-0.380.74-0.67-0.19-0.12-0.7-0.350.55
-0.37-0.44-0.4-0.33-0.250.26-0.33-0.3-0.52-0.6-0.481.00.26-0.35-0.220.33-0.2-0.11-0.230.30.82-0.470.330.01-0.15
0.980.880.850.910.86-0.840.910.76-0.520.650.55-0.52-0.760.750.81-0.850.80.230.78-0.84-0.130.5-0.870.150.73
0.630.770.720.620.31-0.60.620.22-0.60.650.74-0.6-0.460.170.47-0.650.260.520.53-0.6-0.20.78-0.620.340.35
0.550.820.790.510.06-0.440.51-0.11-0.480.550.74-0.48-0.480.020.45-0.530.00.880.31-0.470.00.95-0.480.730.44
-0.38-0.45-0.4-0.34-0.260.27-0.33-0.31.0-0.52-0.6-0.480.27-0.35-0.230.34-0.21-0.11-0.230.310.82-0.470.340.01-0.16
-0.76-0.79-0.79-0.91-0.710.92-0.91-0.570.26-0.76-0.46-0.480.27-0.32-0.950.93-0.74-0.27-0.610.930.0-0.310.92-0.22-0.89
0.720.430.370.530.81-0.420.530.84-0.350.750.170.02-0.35-0.320.42-0.40.74-0.250.6-0.4-0.180.05-0.45-0.290.33
0.830.820.820.960.77-0.960.970.63-0.220.810.470.45-0.23-0.950.42-0.960.810.270.75-0.970.110.31-0.970.230.95
-0.86-0.88-0.89-0.98-0.760.99-0.98-0.640.33-0.85-0.65-0.530.340.93-0.4-0.96-0.79-0.33-0.821.0-0.05-0.441.0-0.28-0.89
0.80.550.560.840.98-0.830.840.95-0.20.80.260.0-0.21-0.740.740.81-0.79-0.240.79-0.82-0.04-0.06-0.83-0.210.75
0.290.630.630.29-0.22-0.250.29-0.38-0.110.230.520.88-0.11-0.27-0.250.27-0.33-0.240.19-0.270.360.88-0.260.870.29
0.820.730.750.850.76-0.840.840.74-0.230.780.530.31-0.23-0.610.60.75-0.820.790.19-0.820.170.36-0.840.150.7
-0.84-0.84-0.85-0.98-0.781.0-0.98-0.670.3-0.84-0.6-0.470.310.93-0.4-0.971.0-0.82-0.27-0.82-0.05-0.371.0-0.22-0.9
0.060.060.120.06-0.07-0.080.06-0.190.82-0.13-0.20.00.820.0-0.180.11-0.05-0.040.360.17-0.050.04-0.030.430.19
0.510.760.750.430.0-0.360.43-0.12-0.470.50.780.95-0.47-0.310.050.31-0.44-0.060.880.36-0.370.04-0.390.750.3
-0.87-0.86-0.87-0.99-0.80.99-0.99-0.70.33-0.87-0.62-0.480.340.92-0.45-0.971.0-0.83-0.26-0.841.0-0.03-0.39-0.22-0.9
0.220.470.60.24-0.22-0.210.24-0.350.010.150.340.730.01-0.22-0.290.23-0.28-0.210.870.15-0.220.430.75-0.220.37
0.760.740.810.90.68-0.880.90.55-0.150.730.350.44-0.16-0.890.330.95-0.890.750.290.7-0.90.190.3-0.90.37
Click cells to compare fundamentals

Yum Brands Account Relationship Matchups

Yum Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.9B6.0B5.8B6.2B5.2B
Other Current Liab570M816M968M913M859M862.2M
Total Current Liabilities1.5B1.7B1.4B1.7B1.3B1.4B
Total Stockholder Equity(8.0B)(7.9B)(8.4B)(8.9B)(7.9B)(7.5B)
Property Plant And Equipment Net1.8B2.1B2.0B1.9B2.0B2.0B
Net Debt10.5B10.7B11.4B12.1B11.5B8.3B
Retained Earnings(7.6B)(7.5B)(8.0B)(8.5B)(7.6B)(7.2B)
Accounts Payable173M215M227M243M231M253.5M
Cash743M988M736M587M512M595.8M
Non Current Assets Total3.7B4.2B4.4B4.2B4.6B3.8B
Non Currrent Assets Other534M509M401M308M1.5B1.6B
Other Assets935M1.1B1.3B1.2B1.1B951.2M
Cash And Short Term Investments743M988M736M587M536M597.4M
Net Receivables584M534M596M648M737M538.5M
Good Will530M597M657M638M642M522.1M
Common Stock Shares Outstanding313M307M302M290M285M294.1M
Non Current Liabilities Total11.7B12.1B12.9B13.1B12.8B10.0B
Inventory13M(21M)(6M)(26M)(24M)(22.8M)
Other Current Assets332M425M450M568M336M386.1M
Other Stockholder Equity(388M)(411M)(325M)(369M)(332.1M)(348.7M)
Total Liab13.2B13.7B14.3B14.7B14.1B12.1B
Total Current Assets1.5B1.7B1.5B1.6B1.4B1.3B
Intangible Assets244M343M359M354M377M311M
Short Long Term Debt Total11.3B11.6B12.1B12.7B12.0B9.9B
Liabilities And Stockholders Equity5.2B5.9B6.0B5.8B6.2B5.0B
Accumulated Other Comprehensive Income(388M)(411M)(325M)(369M)(302M)(317.1M)
Short Term Debt498M578M194M477M132M125.4M
Current Deferred Revenue150M33M13M16M(55M)(52.3M)
Long Term Debt9.4B9.8B10.1B10.2B11.7B10.7B
Property Plant Equipment1.8B2.1B2.0B1.9B2.2B2.0B
Other Liab864M846M899M873M1.0B947.3M
Net Tangible Assets(8.8B)(8.8B)(9.4B)(9.9B)(8.9B)(9.3B)

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