Restaurant Brands International Limited Partnership Balance Sheet Health
Financial Health criteria checks 3/6
Restaurant Brands International Limited Partnership has a total shareholder equity of $5.2B and total debt of $13.5B, which brings its debt-to-equity ratio to 261.3%. Its total assets and total liabilities are $25.7B and $20.5B respectively. Restaurant Brands International Limited Partnership's EBIT is $2.4B making its interest coverage ratio 4.6. It has cash and short-term investments of $1.2B.
Key information
261.26%
Debt to equity ratio
US$13.49b
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$1.22b |
| Equity | US$5.17b |
| Total liabilities | US$20.50b |
| Total assets | US$25.67b |
Recent financial health updates
We Think Restaurant Brands International Limited Partnership (TSE:QSP.UN) Is Taking Some Risk With Its Debt
Dec 03
Does Restaurant Brands International Limited Partnership (TSE:QSP.UN) Have A Healthy Balance Sheet?
Jul 07Recent updates
We Think Restaurant Brands International Limited Partnership (TSE:QSP.UN) Is Taking Some Risk With Its Debt
Dec 03Restaurant Brands International Limited Partnership (TSE:QSP.UN) Is Experiencing Growth In Returns On Capital
Oct 29Calculating The Intrinsic Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)
Sep 15Returns At Restaurant Brands International Limited Partnership (TSE:QSP.UN) Appear To Be Weighed Down
Jul 29Does Restaurant Brands International Limited Partnership (TSE:QSP.UN) Have A Healthy Balance Sheet?
Jul 07Restaurant Brands International Limited Partnership's (TSE:QSP.UN) Shareholders Might Be Looking For Exit
Jun 19A Look At The Fair Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)
May 30Return Trends At Restaurant Brands International Limited Partnership (TSE:QSP.UN) Aren't Appealing
Apr 22Restaurant Brands International Limited Partnership's (TSE:QSP.UN) Share Price Not Quite Adding Up
Mar 04Restaurant Brands International Limited Partnership (TSE:QSP.UN) Has More To Do To Multiply In Value Going Forward
Jan 15With EPS Growth And More, Restaurant Brands International Limited Partnership (TSE:QSP.UN) Makes An Interesting Case
Dec 31Financial Position Analysis
Short Term Liabilities: QSP.UN's short term assets ($3.0B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: QSP.UN's short term assets ($3.0B) do not cover its long term liabilities ($17.7B).
Debt to Equity History and Analysis
Debt Level: QSP.UN's net debt to equity ratio (237.7%) is considered high.
Reducing Debt: QSP.UN's debt to equity ratio has reduced from 328.7% to 261.3% over the past 5 years.
Debt Coverage: QSP.UN's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: QSP.UN's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/05 01:24 |
| End of Day Share Price | 2025/12/03 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Restaurant Brands International Limited Partnership is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.