Restaurant Brands New Zealand Balance Sheet Health
Financial Health criteria checks 2/6
Restaurant Brands New Zealand has a total shareholder equity of NZ$290.4M and total debt of NZ$289.0M, which brings its debt-to-equity ratio to 99.5%. Its total assets and total liabilities are NZ$1.4B and NZ$1.1B respectively. Restaurant Brands New Zealand's EBIT is NZ$84.8M making its interest coverage ratio 1.5. It has cash and short-term investments of NZ$31.6M.
Key information
99.5%
Debt to equity ratio
NZ$288.96m
Debt
Interest coverage ratio | 1.5x |
Cash | NZ$31.58m |
Equity | NZ$290.44m |
Total liabilities | NZ$1.14b |
Total assets | NZ$1.43b |
Recent financial health updates
These 4 Measures Indicate That Restaurant Brands New Zealand (NZSE:RBD) Is Using Debt Extensively
May 18Restaurant Brands New Zealand (NZSE:RBD) Has A Somewhat Strained Balance Sheet
Nov 24Does Restaurant Brands New Zealand (NZSE:RBD) Have A Healthy Balance Sheet?
Nov 04Is Restaurant Brands New Zealand (NZSE:RBD) Using Too Much Debt?
May 22Recent updates
An Intrinsic Calculation For Restaurant Brands New Zealand Limited (NZSE:RBD) Suggests It's 31% Undervalued
Dec 01These 4 Measures Indicate That Restaurant Brands New Zealand (NZSE:RBD) Is Using Debt Extensively
May 18Restaurant Brands New Zealand (NZSE:RBD) Has A Somewhat Strained Balance Sheet
Nov 24Restaurant Brands New Zealand (NZSE:RBD) May Have Issues Allocating Its Capital
Aug 23Should You Investigate Restaurant Brands New Zealand Limited (NZSE:RBD) At NZ$9.61?
Jul 27Is There Now An Opportunity In Restaurant Brands New Zealand Limited (NZSE:RBD)?
Dec 26Does Restaurant Brands New Zealand (NZSE:RBD) Have A Healthy Balance Sheet?
Nov 04Should You Think About Buying Restaurant Brands New Zealand Limited (NZSE:RBD) Now?
Jun 06Is Restaurant Brands New Zealand (NZSE:RBD) Using Too Much Debt?
May 22Financial Position Analysis
Short Term Liabilities: RBD's short term assets (NZ$79.7M) do not cover its short term liabilities (NZ$166.3M).
Long Term Liabilities: RBD's short term assets (NZ$79.7M) do not cover its long term liabilities (NZ$969.1M).
Debt to Equity History and Analysis
Debt Level: RBD's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: RBD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RBD's debt is well covered by operating cash flow (44.2%).
Interest Coverage: RBD's interest payments on its debt are not well covered by EBIT (1.5x coverage).