Restaurant Total Current Liabilities vs Non Current Assets Total Analysis

QSR Stock  CAD 93.46  2.13  2.33%   
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 Total Current Liabilities and its Non Current Assets Total 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Restaurant Brands' Total Current Liabilities and Non Current Assets Total is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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' Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Restaurant Brands International are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Restaurant Brands' Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Restaurant Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Restaurant Brands International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 tightly coupled 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 1st 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 Expense505M533M595M481.0M
Depreciation And Amortization242M271M311.7M202.1M

Restaurant Brands fundamental ratios Correlations

0.880.770.570.740.410.9-0.930.780.840.850.380.730.50.890.590.420.850.470.70.880.850.850.67-0.09-0.95
0.880.960.70.960.440.94-0.990.960.940.960.630.890.661.00.720.460.970.690.931.00.980.970.920.07-0.96
0.770.960.780.960.230.89-0.920.960.880.980.740.950.560.960.720.420.990.620.980.950.970.980.94-0.07-0.9
0.570.70.780.67-0.020.69-0.620.840.490.770.590.770.540.70.590.350.750.580.760.650.760.80.66-0.4-0.68
0.740.960.960.670.380.85-0.920.940.90.940.690.890.660.960.660.390.940.710.950.950.940.930.960.18-0.86
0.410.440.23-0.020.380.35-0.450.350.560.2-0.080.170.530.420.470.540.230.530.30.450.420.220.430.66-0.45
0.90.940.890.690.850.35-0.960.880.850.910.50.770.660.950.560.280.920.660.810.960.910.930.77-0.02-0.94
-0.93-0.99-0.92-0.62-0.92-0.45-0.96-0.91-0.94-0.95-0.54-0.84-0.63-0.99-0.65-0.4-0.96-0.64-0.87-0.99-0.95-0.95-0.87-0.090.97
0.780.960.960.840.940.350.88-0.910.830.950.660.90.690.950.730.480.940.720.940.930.960.950.91-0.01-0.89
0.840.940.880.490.90.560.85-0.940.830.860.590.810.570.940.740.540.890.610.880.940.930.870.90.21-0.92
0.850.960.980.770.940.20.91-0.950.950.860.680.930.540.970.660.381.00.570.930.950.951.00.89-0.12-0.93
0.380.630.740.590.69-0.080.5-0.540.660.590.680.80.280.640.640.40.70.360.790.590.650.690.74-0.24-0.56
0.730.890.950.770.890.170.77-0.840.90.810.930.80.420.90.790.530.940.480.960.860.930.930.91-0.22-0.87
0.50.660.560.540.660.530.66-0.630.690.570.540.280.420.630.340.110.550.990.540.660.630.570.560.44-0.56
0.891.00.960.70.960.420.95-0.990.950.940.970.640.90.630.720.460.980.660.930.990.980.970.920.05-0.97
0.590.720.720.590.660.470.56-0.650.730.740.660.640.790.340.720.920.680.420.810.660.780.680.81-0.12-0.77
0.420.460.420.350.390.540.28-0.40.480.540.380.40.530.110.460.920.40.180.550.40.540.390.59-0.07-0.55
0.850.970.990.750.940.230.92-0.960.940.891.00.70.940.550.980.680.40.580.940.960.971.00.9-0.1-0.94
0.470.690.620.580.710.530.66-0.640.720.610.570.360.480.990.660.420.180.580.610.690.670.610.640.43-0.58
0.70.930.980.760.950.30.81-0.870.940.880.930.790.960.540.930.810.550.940.610.910.960.940.98-0.03-0.87
0.881.00.950.650.950.450.96-0.990.930.940.950.590.860.660.990.660.40.960.690.910.970.960.90.12-0.96
0.850.980.970.760.940.420.91-0.950.960.930.950.650.930.630.980.780.540.970.670.960.970.970.940.0-0.96
0.850.970.980.80.930.220.93-0.950.950.871.00.690.930.570.970.680.391.00.610.940.960.970.89-0.13-0.94
0.670.920.940.660.960.430.77-0.870.910.90.890.740.910.560.920.810.590.90.640.980.90.940.890.14-0.85
-0.090.07-0.07-0.40.180.66-0.02-0.09-0.010.21-0.12-0.24-0.220.440.05-0.12-0.07-0.10.43-0.030.120.0-0.130.140.07
-0.95-0.96-0.9-0.68-0.86-0.45-0.940.97-0.89-0.92-0.93-0.56-0.87-0.56-0.97-0.77-0.55-0.94-0.58-0.87-0.96-0.96-0.94-0.850.07
Click cells to compare fundamentals

Restaurant Brands Account Relationship Matchups

Restaurant Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding469M468M464M455M312.5M442.5M
Total Assets22.4B22.8B23.2B22.7B23.4B22.0B
Short Long Term Debt Total13.2B13.9B14.4B14.3B16.4B12.2B
Other Current Liab1.6B1.7B947M1.0B1.2B834.1M
Total Current Liabilities1.7B1.6B1.9B2.1B2.1B1.7B
Total Stockholder Equity2.5B2.2B2.2B2.5B2.9B2.4B
Other Liab3.1B3.2B3.0B2.2B2.5B2.8B
Net Tangible Assets(13.7B)(14.3B)(15.2B)(14.2B)(12.8B)(13.4B)
Current Deferred Revenue168M191M221M230M264.5M216.2M
Net Debt11.7B12.3B13.3B13.1B11.8B11.1B
Retained Earnings775M622M791M1.1B1.6B1.7B
Accounts Payable644M464M614M758M790M518.1M
Cash1.5B1.6B1.1B1.2B1.1B1.3B
Non Current Assets Total20.2B20.5B21.4B20.7B21.2B19.9B
Non Currrent Assets Other767M890M842M987M1.3B901.1M
Other Assets494M685M648M820M943M686.0M
Long Term Debt11.8B12.4B12.9B12.8B12.9B11.5B
Cash And Short Term Investments1.5B1.6B1.1B1.2B1.4B1.3B
Net Receivables527M536M547M614M749M532.6M
Good Will5.7B5.7B6.0B5.7B5.8B5.6B
Common Stock Total Equity2.1B1.7B2.5B2.4B2.8B2.0B
Liabilities And Stockholders Equity22.4B22.8B23.2B22.7B26.2B20.6B
Non Current Liabilities Total16.4B17.5B17.5B16.4B16.5B15.2B
Inventory75M84M96M133M166M98.2M
Other Current Assets52M72M86M123M119M98.1M
Other Stockholder Equity(763M)(854M)(710M)(679M)(611.1M)(641.7M)
Total Liab18.1B19.1B19.4B18.5B18.7B16.9B
Short Long Term Debt91M101M111M96M127M96.0M
Total Current Assets2.2B2.3B1.8B2.0B2.2B2.1B
Accumulated Other Comprehensive Income(763M)(854M)(710M)(679M)(611.1M)(641.7M)
Short Term Debt101M111M96M127M114.3M156.8M
Intangible Assets10.6B10.7B11.4B11.0B11.1B10.7B
Common Stock2.5B2.4B2.2B2.1B2.4B2.0B
Long Term Debt Total12.0B12.0B12.7B13.2B15.2B12.5B
Capital Lease Obligations1.5B1.4B1.4B1.3B1.6B1.1B

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Please note, there is a significant difference between Restaurant Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Restaurant Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Restaurant Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.