Restaurant Fixed Asset Turnover from 2010 to 2024
QSR Stock | USD 69.78 0.37 0.53% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 2.2843201 | Current Value 1.5 | Quarterly Volatility 0.51556094 |
Check Restaurant Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Restaurant Brands' main balance sheet or income statement drivers, such as Interest Expense of 624.8 M, Selling General Administrative of 572.5 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 5.2, Dividend Yield of 0.029 or PTB Ratio of 5.79. Restaurant financial statements analysis is a perfect complement when working with Restaurant Brands Valuation or Volatility modules.
Restaurant | Fixed Asset Turnover |
Latest Restaurant Brands' Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of Restaurant Brands International over the last few years. It is Restaurant Brands' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Restaurant Brands' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover | 10 Years Trend |
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Fixed Asset Turnover |
Timeline |
Restaurant Fixed Asset Turnover Regression Statistics
Arithmetic Mean | 1.89 | |
Geometric Mean | 1.79 | |
Coefficient Of Variation | 27.23 | |
Mean Deviation | 0.37 | |
Median | 2.02 | |
Standard Deviation | 0.52 | |
Sample Variance | 0.27 | |
Range | 2.192 | |
R-Value | 0.0004 | |
Mean Square Error | 0.29 | |
R-Squared | 0.00000017 | |
Significance | 1.00 | |
Slope | 0.000048 | |
Total Sum of Squares | 3.72 |
Restaurant Fixed Asset Turnover History
About Restaurant Brands Financial Statements
Restaurant Brands shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Restaurant Brands investors may analyze each financial statement separately, they are all interrelated. The changes in Restaurant Brands' assets and liabilities, for example, are also reflected in the revenues and expenses on on Restaurant Brands' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Fixed Asset Turnover | 2.28 | 1.50 |
Pair Trading with Restaurant Brands
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Restaurant Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Restaurant Brands will appreciate offsetting losses from the drop in the long position's value.Moving against Restaurant Stock
0.46 | LIND | Lindblad Expeditions | PairCorr |
0.44 | XPOF | Xponential Fitness Downward Rally | PairCorr |
0.4 | BTBDW | BT Brands Warrant | PairCorr |
0.39 | BTCTW | BTC Digital | PairCorr |
0.39 | PNST | Pinstripes Holdings Symbol Change | PairCorr |
The ability to find closely correlated positions to Restaurant Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Restaurant Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Restaurant Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Restaurant Brands International to buy it.
The correlation of Restaurant Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Restaurant Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Restaurant Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Restaurant Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Restaurant Stock Analysis
When running Restaurant Brands' price analysis, check to measure Restaurant Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Restaurant Brands is operating at the current time. Most of Restaurant Brands' value examination focuses on studying past and present price action to predict the probability of Restaurant Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Restaurant Brands' price. Additionally, you may evaluate how the addition of Restaurant Brands to your portfolios can decrease your overall portfolio volatility.