Restaurant Accounts Payable vs Property Plant And Equipment Net Analysis
QSR Stock | CAD 96.68 0.78 0.80% |
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 Accounts Payable and its Property Plant And Equipment Net 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.
Accounts Payable vs Property Plant And Equipment Net
Accounts Payable vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Restaurant Brands' Accounts Payable and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net 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' Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Restaurant Brands International are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., Restaurant Brands' Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Restaurant Brands obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Restaurant Brands are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 23rd of November 2024, Enterprise Value Over EBITDA is likely to grow to 18.12, while Selling General Administrative is likely to drop about 617.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 505M | 533M | 595M | 489.1M | Depreciation And Amortization | 201M | 190M | 191M | 176M |
Restaurant Brands fundamental ratios Correlations
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Restaurant Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Restaurant Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.4B | 22.8B | 23.2B | 22.7B | 23.4B | 20.7B | |
Other Current Liab | 790M | 835M | 947M | 1.0B | 781M | 727.8M | |
Total Current Liabilities | 1.7B | 1.6B | 1.9B | 2.1B | 2.1B | 1.6B | |
Total Stockholder Equity | 2.5B | 2.2B | 2.2B | 2.5B | 2.9B | 2.2B | |
Net Debt | 11.7B | 12.3B | 13.3B | 13.1B | 13.4B | 10.2B | |
Retained Earnings | 775M | 622M | 791M | 1.1B | 1.6B | 1.7B | |
Accounts Payable | 644M | 464M | 614M | 758M | 790M | 481.3M | |
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 | 18.7B | |
Non Currrent Assets Other | 767M | 890M | 842M | 987M | 1.3B | 1.3B | |
Other Assets | 494M | 685M | 648M | 820M | 943M | 649.2M | |
Cash And Short Term Investments | 1.5B | 1.6B | 1.1B | 1.2B | 1.1B | 1.3B | |
Net Receivables | 527M | 536M | 547M | 614M | 749M | 504.5M | |
Good Will | 5.7B | 5.7B | 6.0B | 5.7B | 5.8B | 5.1B | |
Common Stock Shares Outstanding | 469M | 468M | 464M | 455M | 456M | 483.8M | |
Non Current Liabilities Total | 16.4B | 17.5B | 17.5B | 16.4B | 16.5B | 14.2B | |
Inventory | 75M | 84M | 96M | 133M | 166M | 95.2M | |
Other Current Assets | 52M | 72M | 86M | 123M | 119M | 68.8M | |
Other Stockholder Equity | (763M) | (854M) | (710M) | (679M) | (611.1M) | (580.5M) | |
Total Liab | 18.1B | 19.1B | 19.4B | 18.5B | 18.7B | 15.9B | |
Total Current Assets | 2.2B | 2.3B | 1.8B | 2.0B | 2.2B | 2.0B | |
Intangible Assets | 10.6B | 10.7B | 11.4B | 11.0B | 11.1B | 10.2B | |
Common Stock | 2.5B | 2.4B | 2.2B | 2.1B | 2.0B | 1.9B | |
Short Long Term Debt Total | 13.2B | 13.9B | 14.4B | 14.3B | 14.5B | 12.5B | |
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 | 325M | 212.4M | |
Long Term Debt | 11.8B | 12.4B | 12.9B | 12.8B | 12.9B | 11.5B | |
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 | 23.4B | 22.1B | |
Short Long Term Debt | 91M | 101M | 111M | 96M | 127M | 96.0M | |
Accumulated Other Comprehensive Income | (763M) | (854M) | (710M) | (679M) | (706M) | (741.3M) | |
Short Term Debt | 101M | 111M | 96M | 127M | 248M | 160.9M | |
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 |
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 together with Restaurant Stock
Moving against Restaurant Stock
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.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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.