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 Other Current Assets and its Current Deferred Revenue 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.
Other Current Assets vs Current Deferred Revenue
Other Current Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yum Brands Other Current Assets account and
Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Yum Brands' Other Current Assets and Current Deferred Revenue is 0.29. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Current Deferred Revenue 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' Other Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Yum Brands are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Current Assets i.e., Yum Brands' Other Current Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
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.
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
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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.