GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KeyCorp (NYSE:KEY) » Definitions » Net Debt Paydown Yield %

KeyCorp (KeyCorp) Net Debt Paydown Yield % : -52.72% (As of Apr. 27, 2024)


View and export this data going back to 1992. Start your Free Trial

What is KeyCorp Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, KeyCorp's Net Debt Paydown Yield % was -52.72%.


KeyCorp Net Debt Paydown Yield % Historical Data

The historical data trend for KeyCorp's Net Debt Paydown Yield % 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.

KeyCorp Net Debt Paydown Yield % Chart

KeyCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -5.55 9.33 -40.36 -54.18

KeyCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Debt Paydown Yield % 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 -98.71 -145.54 -107.65 -54.18 -

Competitive Comparison of KeyCorp's Net Debt Paydown Yield %

For the Banks - Regional subindustry, KeyCorp's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


KeyCorp's Net Debt Paydown Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KeyCorp's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where KeyCorp's Net Debt Paydown Yield % falls into.



KeyCorp Net Debt Paydown Yield % Calculation

KeyCorp's Net Debt Paydown Yield % for the quarter that ended in Dec. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 24941.5-25018 )/13486.5216
=-0.57 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


KeyCorp  (NYSE:KEY) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


KeyCorp Net Debt Paydown Yield % Related Terms

Thank you for viewing the detailed overview of KeyCorp's Net Debt Paydown Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


KeyCorp (KeyCorp) Business Description

Industry
Address
127 Public Square, Cleveland, OH, USA, 44114-1306
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Executives
Douglas M Schosser officer: Chief Accounting Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306
Carlton L Highsmith director C/O NEWALLIANCE BANK, 195 CHURCH STREET, NEW HAVEN CT 06510
Devina A Rankin director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Amy G. Brady officer: Chief Information Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Paine Andrew J Iii officer: Head of Institutional Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Victor B Alexander officer: Head of Consumer Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Gillis Ruth Ann M director 10 SOUTH DEERBORN STREET, 37TH FLOOR, CHICAGO IL 80603
Angela G Mago officer: Head of Commercial Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Allyson M Kidik officer: Chief Risk Review Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Tobin director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Brian L Fishel officer: Chief Human Resources Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Kenneth C Gavrity officer: Head of Enterprise Payments 127 PUBLIC SQUARE, CLEVELAND OH 44114
Jamie Warder officer: Head of Digital Banking 127 PUBLIC SQUARE, CLEVELAND OH 44114
Trina M Evans officer: Director, Corporate Center 127 PUBLIC SQUARE, CLEVELAND OH 44114

KeyCorp (KeyCorp) Headlines

From GuruFocus

Q2 2022 KeyCorp Earnings Call Transcript

By GuruFocus Research 01-23-2024

KeyCorp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q2 2023 KeyCorp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 KeyCorp Earnings Call Transcript

By GuruFocus Research 01-23-2024