Restaurant Brands International (Restaurant Brands International) Cash-to-Debt

: 0.08 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Restaurant Brands International's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.08.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Restaurant Brands International couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Restaurant Brands International's Cash-to-Debt or its related term are showing as below:

QSR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.09 Max: 0.17
Current: 0.08

During the past 12 years, Restaurant Brands International's highest Cash to Debt Ratio was 0.17. The lowest was 0.07. And the median was 0.09.

QSR's Cash-to-Debt is ranked worse than
79.77% of 341 companies
in the Restaurants industry
Industry Median: 0.4 vs QSR: 0.08

Restaurant Brands International Cash-to-Debt Historical Data

The historical data trend for Restaurant Brands International's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Restaurant Brands International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.11

0.07

0.08

Restaurant Brands International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.08	0.07	0.08	0.09	0.08

Competitive Comparison

For the Restaurants subindustry, Restaurant Brands International's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Restaurant Brands International Cash-to-Debt Distribution

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International's Cash-to-Debt falls into.

Restaurant Brands International Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Restaurant Brands International's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1139	/	(248	+	14267)
	=	0.08

Restaurant Brands International's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1139	/	(248	+	14267)
	=	0.08

Restaurant Brands International (NYSE:QSR) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Restaurant Brands International Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Restaurant Brands International's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Restaurant Brands International (Restaurant Brands International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands International Inc (NYSE:QSR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

QSR:Mexico 0R6:Germany 0R6:Germany QSR:Canada

Address

130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1

Website

https://www.rbi.com

Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $39 billion in 2022 systemwide sales across a footprint that spanned nearly 30,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the Restaurant Brands portfolio now includes Burger King (19,000 units), Tim Hortons (5,600 units), Popeyes Louisiana Kitchen (4,100 units) and Firehouse Subs (1,250 units) as of year-end 2022.

Executives

Axel Mr Schwan	officer: Pres., Tim Hortons Americas	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Jeffrey Housman	officer: See Remarks	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Joshua Kobza	officer: Chief Financial Officer	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
David Chan Shear	officer: President, International	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Thomas Benjamin Curtis	officer: See Remarks	30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Duncan Fulton	officer: Chief Corporate Officer	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Jacqueline Friesner	officer: See Remarks	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Jill Granat	officer: See Remarks	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Matthew Dunnigan	officer: CFO	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Sami A. Siddiqui	officer: Brand Pres., Popeyes, Americas	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
J Patrick Doyle	officer: Executive Chairman	8701 COLLINS AVENUE UNIT 1202, MIAMI BEACH FL 33154
Jordana Fribourg	director	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Ali Hedayat	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Jose E. Cil	officer: See Remarks	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Cristina Farjallat	director	130 KING STREET WEST, SUITE 300, TORONTO Z4 M5X 1E1