Restaurant Accounts Payable vs Common Stock Shares Outstanding Analysis
QSR Stock | CAD 94.61 2.50 2.57% |
Restaurant Brands financial indicator trend analysis is much more than just breaking down Restaurant Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Restaurant Brands is a good investment. Please check the relationship between Restaurant Brands Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Restaurant Brands International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Accounts Payable vs Common Stock Shares Outstanding
Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Restaurant Brands' Accounts Payable and Common Stock Shares Outstanding is 0.73. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Restaurant Brands International, assuming nothing else is changed. The correlation between historical values of Restaurant Brands' Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Restaurant Brands International are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Restaurant Brands' Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Restaurant Brands obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Restaurant Brands are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Restaurant Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Restaurant Brands current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Restaurant Brands International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Restaurant Brands' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 9th of June 2024, Enterprise Value Over EBITDA is likely to grow to 21.51, while Selling General Administrative is likely to drop about 617.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 505M | 533M | 595M | 481.0M | Depreciation And Amortization | 242M | 271M | 311.7M | 202.1M |
Restaurant Brands fundamental ratios Correlations
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Restaurant Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Restaurant Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 469M | 468M | 464M | 455M | 312.5M | 442.5M | |
Total Assets | 22.4B | 22.8B | 23.2B | 22.7B | 23.4B | 22.0B | |
Short Long Term Debt Total | 13.2B | 13.9B | 14.4B | 14.3B | 16.4B | 12.2B | |
Other Current Liab | 1.6B | 1.7B | 947M | 1.0B | 1.2B | 834.1M | |
Total Current Liabilities | 1.7B | 1.6B | 1.9B | 2.1B | 2.1B | 1.7B | |
Total Stockholder Equity | 2.5B | 2.2B | 2.2B | 2.5B | 2.9B | 2.4B | |
Other Liab | 3.1B | 3.2B | 3.0B | 2.2B | 2.5B | 2.8B | |
Net Tangible Assets | (13.7B) | (14.3B) | (15.2B) | (14.2B) | (12.8B) | (13.4B) | |
Current Deferred Revenue | 168M | 191M | 221M | 230M | 264.5M | 216.2M | |
Net Debt | 11.7B | 12.3B | 13.3B | 13.1B | 11.8B | 11.1B | |
Retained Earnings | 775M | 622M | 791M | 1.1B | 1.6B | 1.7B | |
Accounts Payable | 644M | 464M | 614M | 758M | 790M | 518.1M | |
Cash | 1.5B | 1.6B | 1.1B | 1.2B | 1.1B | 1.3B | |
Non Current Assets Total | 20.2B | 20.5B | 21.4B | 20.7B | 21.2B | 19.9B | |
Non Currrent Assets Other | 767M | 890M | 842M | 987M | 1.3B | 901.1M | |
Other Assets | 494M | 685M | 648M | 820M | 943M | 686.0M | |
Long Term Debt | 11.8B | 12.4B | 12.9B | 12.8B | 12.9B | 11.5B | |
Cash And Short Term Investments | 1.5B | 1.6B | 1.1B | 1.2B | 1.4B | 1.3B | |
Net Receivables | 527M | 536M | 547M | 614M | 749M | 532.6M | |
Good Will | 5.7B | 5.7B | 6.0B | 5.7B | 5.8B | 5.6B | |
Common Stock Total Equity | 2.1B | 1.7B | 2.5B | 2.4B | 2.8B | 2.0B | |
Liabilities And Stockholders Equity | 22.4B | 22.8B | 23.2B | 22.7B | 26.2B | 20.6B | |
Non Current Liabilities Total | 16.4B | 17.5B | 17.5B | 16.4B | 16.5B | 15.2B | |
Inventory | 75M | 84M | 96M | 133M | 166M | 98.2M | |
Other Current Assets | 52M | 72M | 86M | 123M | 119M | 98.1M | |
Other Stockholder Equity | (763M) | (854M) | (710M) | (679M) | (611.1M) | (641.7M) | |
Total Liab | 18.1B | 19.1B | 19.4B | 18.5B | 18.7B | 16.9B | |
Short Long Term Debt | 91M | 101M | 111M | 96M | 127M | 96.0M | |
Total Current Assets | 2.2B | 2.3B | 1.8B | 2.0B | 2.2B | 2.1B | |
Accumulated Other Comprehensive Income | (763M) | (854M) | (710M) | (679M) | (611.1M) | (641.7M) | |
Short Term Debt | 101M | 111M | 96M | 127M | 114.3M | 156.8M | |
Intangible Assets | 10.6B | 10.7B | 11.4B | 11.0B | 11.1B | 10.7B | |
Common Stock | 2.5B | 2.4B | 2.2B | 2.1B | 2.4B | 2.0B | |
Long Term Debt Total | 12.0B | 12.0B | 12.7B | 13.2B | 15.2B | 12.5B | |
Capital Lease Obligations | 1.5B | 1.4B | 1.4B | 1.3B | 1.6B | 1.1B |
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When determining whether Restaurant Brands is a strong investment it is important to analyze Restaurant Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Restaurant Brands' future performance. For an informed investment choice regarding Restaurant Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Restaurant Brands International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.