QSR (Restaurant Brands International) LT-Debt-to-Total-Asset : 0.63 (As of Sep. 2024)

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What is Restaurant Brands International LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Restaurant Brands International's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.63.

Restaurant Brands International's long-term debt to total assets ratio increased from Sep. 2023 (0.62) to Sep. 2024 (0.63). It may suggest that Restaurant Brands International is progressively becoming more dependent on debt to grow their business.

Restaurant Brands International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Restaurant Brands International's LT-Debt-to-Total-Asset 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.

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Restaurant Brands International LT-Debt-to-Total-Asset Chart

Restaurant Brands International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.59

0.61

0.62

0.63

0.61

Restaurant Brands International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.62	0.61	0.62	0.61	0.63

Restaurant Brands International LT-Debt-to-Total-Asset Calculation

Restaurant Brands International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	14267	/	23391
	=	0.61

Restaurant Brands International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	15685	/	25071
	=	0.63

Restaurant Brands International (NYSE:QSR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Restaurant Brands International LT-Debt-to-Total-Asset Related Terms

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Restaurant Brands International Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

QSR:Mexico 0VFA:UK 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 $43 billion in 2023 systemwide sales across a footprint that spanned more than 31,000 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 RBI portfolio is split among Burger King (7,144 units), Tim Hortons (4,525 units), Popeyes Louisiana Kitchen (3,394 units), Firehouse Subs (1,265 units), and international franchise units of those banners (14,742) as of year-end 2023.

Executives

J Patrick Doyle	officer: Executive Chairman	8701 COLLINS AVENUE UNIT 1202, MIAMI BEACH FL 33154
Thomas Benjamin Curtis	officer: See Remarks	30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Axel Mr Schwan	officer: Pres., Tim Hortons Americas	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Joshua Kobza	officer: Chief Financial Officer	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Ali Hedayat	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Duncan Fulton	officer: Chief Corporate Officer	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Jill Granat	officer: See Remarks	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
Matthew Dunnigan	officer: CFO	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Jacqueline Friesner	officer: See Remarks	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
David Chan Shear	officer: President, International	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Jordana Fribourg	director	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 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