Restaurant Brands International Balance Sheet Health
Financial Health criteria checks 3/6
Restaurant Brands International has a total shareholder equity of $5.0B and total debt of $13.7B, which brings its debt-to-equity ratio to 271.1%. Its total assets and total liabilities are $25.1B and $20.0B respectively. Restaurant Brands International's EBIT is $2.3B making its interest coverage ratio 3.8. It has cash and short-term investments of $1.2B.
Key information
271.1%
Debt to equity ratio
US$13.66b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$1.18b |
| Equity | US$5.04b |
| Total liabilities | US$20.03b |
| Total assets | US$25.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QSR's short term assets ($2.3B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: QSR's short term assets ($2.3B) do not cover its long term liabilities ($17.8B).
Debt to Equity History and Analysis
Debt Level: QSR's net debt to equity ratio (247.7%) is considered high.
Reducing Debt: QSR's debt to equity ratio has reduced from 308.6% to 271.1% over the past 5 years.
Debt Coverage: QSR's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: QSR's interest payments on its debt are well covered by EBIT (3.8x coverage).