Restaurant Brands International Balance Sheet Health
Financial Health criteria checks 3/6
Restaurant Brands International 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'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
Is Restaurant Brands International (NYSE:QSR) Using Too Much Debt?
Sep 07
These 4 Measures Indicate That Restaurant Brands International (NYSE:QSR) Is Using Debt Extensively
May 25Here's Why Restaurant Brands International (NYSE:QSR) Has A Meaningful Debt Burden
Jan 08Recent updates
Earnings Update: Restaurant Brands International Inc. (NYSE:QSR) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Nov 02Restaurant Brands International: I'm Taking Advantage Of The Cautious Market Stance
Oct 22Is Restaurant Brands International (NYSE:QSR) Using Too Much Debt?
Sep 07The Price Is Right For Restaurant Brands International Inc. (NYSE:QSR)
Jul 11Returns At Restaurant Brands International (NYSE:QSR) Appear To Be Weighed Down
Jun 24These 4 Measures Indicate That Restaurant Brands International (NYSE:QSR) Is Using Debt Extensively
May 25Restaurant Brands International Is An Appetizing Buy Amid Economic Uncertainty
Apr 28Is There An Opportunity With Restaurant Brands International Inc.'s (NYSE:QSR) 22% Undervaluation?
Apr 25Restaurant Brands International (NYSE:QSR) Has Announced That It Will Be Increasing Its Dividend To $0.62
Mar 17Risks To Shareholder Returns Are Elevated At These Prices For Restaurant Brands International Inc. (NYSE:QSR)
Mar 06Restaurant Brands International (NYSE:QSR) Has Announced That It Will Be Increasing Its Dividend To $0.62
Feb 21Restaurant Brands International Inc. (NYSE:QSR) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 15Restaurant Brands: Cooking Up A Comeback, One Remodel At A Time
Feb 14Restaurant Brands: Technicals Are Still Weak, But Buying Opportunities Are Increasing
Jan 13Here's Why Restaurant Brands International (NYSE:QSR) Has A Meaningful Debt Burden
Jan 08Calculating The Intrinsic Value Of Restaurant Brands International Inc. (NYSE:QSR)
Dec 27Restaurant Brands International: Big Brands, Bigger Bargain
Dec 26Restaurant Brands: Showing Why They're 'International'
Nov 08Restaurant Brands: Poised For Strong Growth Acceleration, With Attractive Valuation
Oct 21Restaurant Brands: The Buy Thesis For Q3 Has Tim Hortons As The Main Course
Oct 08Restaurant Brands: A Q2 X-Ray
Aug 22
A Recipe For Growth In The Hospitality Giant's Strategy
Focus on modernization and expansion through franchise upgrades, digital enhancements, and menu innovations aims to boost customer engagement and sales.Restaurant Brands: Well Positioned To Stand Out In The 'Value War'
Jun 20Restaurant Brands: Long-Term Investment Vehicle With Compelling Dividend Prospects
May 27Financial Position Analysis
Short Term Liabilities: QSR's short term assets ($3.0B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: QSR's short term assets ($3.0B) do not cover its long term liabilities ($17.7B).
Debt to Equity History and Analysis
Debt Level: QSR's net debt to equity ratio (237.7%) is considered high.
Reducing Debt: QSR's debt to equity ratio has reduced from 328.7% to 261.3% over the past 5 years.
Debt Coverage: QSR's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: QSR'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 | 2025/12/14 21:56 |
| End of Day Share Price | 2025/12/12 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Inc. is covered by 50 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| John Staszak | Argus Research Company |
| David Tarantino | Baird |