Restaurant Brands International Balance Sheet Health
Financial Health criteria checks 3/6
Restaurant Brands International has a total shareholder equity of $4.8B and total debt of $12.9B, which brings its debt-to-equity ratio to 267.7%. Its total assets and total liabilities are $23.1B and $18.3B respectively. Restaurant Brands International's EBIT is $2.2B making its interest coverage ratio 3.8. It has cash and short-term investments of $1.0B.
Key information
267.7%
Debt to equity ratio
US$12.94b
Debt
Interest coverage ratio | 3.8x |
Cash | US$1.05b |
Equity | US$4.84b |
Total liabilities | US$18.31b |
Total assets | US$23.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QSR's short term assets ($2.1B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: QSR's short term assets ($2.1B) do not cover its long term liabilities ($16.4B).
Debt to Equity History and Analysis
Debt Level: QSR's net debt to equity ratio (246%) is considered high.
Reducing Debt: QSR's debt to equity ratio has reduced from 316.3% to 267.7% over the past 5 years.
Debt Coverage: QSR's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: QSR's interest payments on its debt are well covered by EBIT (3.8x coverage).