Restaurant Brands New Zealand Balance Sheet Health
Financial Health criteria checks 1/6
Restaurant Brands New Zealand has a total shareholder equity of NZ$310.0M and total debt of NZ$274.0M, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are NZ$1.4B and NZ$1.1B respectively. Restaurant Brands New Zealand's EBIT is NZ$100.9M making its interest coverage ratio 1.8. It has cash and short-term investments of NZ$22.0M.
Key information
88.4%
Debt to equity ratio
NZ$274.00m
Debt
| Interest coverage ratio | 1.8x |
| Cash | NZ$21.98m |
| Equity | NZ$309.99m |
| Total liabilities | NZ$1.13b |
| Total assets | NZ$1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RBD's short term assets (NZ$70.1M) do not cover its short term liabilities (NZ$166.8M).
Long Term Liabilities: RBD's short term assets (NZ$70.1M) do not cover its long term liabilities (NZ$965.2M).
Debt to Equity History and Analysis
Debt Level: RBD's net debt to equity ratio (81.3%) is considered high.
Reducing Debt: RBD's debt to equity ratio has increased from 74% to 88.4% over the past 5 years.
Debt Coverage: RBD's debt is well covered by operating cash flow (50.7%).
Interest Coverage: RBD's interest payments on its debt are not well covered by EBIT (1.8x coverage).