Restaurant Other Assets vs Retained Earnings Analysis
QSR Stock | CAD 94.65 0.59 0.62% |
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 Other Assets and its Retained Earnings 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.
Other Assets vs Retained Earnings
Other Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Other Assets account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Restaurant Brands' Other Assets and Retained Earnings is 0.4. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings 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' Other Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Restaurant Brands International are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., Restaurant Brands' Other Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 18th of June 2024, Enterprise Value Over EBITDA is likely to grow to 21.52, 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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Restaurant Stock
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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.