Restaurant Capex To Depreciation vs Price To Sales Ratio 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 Capex To Depreciation and its Price To Sales Ratio 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.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Restaurant Brands' Capex To Depreciation and Price To Sales Ratio is 0.02. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio 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' Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Restaurant Brands International are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Restaurant Brands' Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Restaurant Brands stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Restaurant Brands sales, a figure that is much harder to manipulate than other Restaurant Brands International multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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 Expense505M533M595M489.1M
Depreciation And Amortization201M190M191M176M

Restaurant Brands fundamental ratios Correlations

0.840.960.50.950.970.670.870.761.00.860.60.760.931.00.820.970.89-0.73-0.960.980.881.00.980.970.94
0.840.820.070.850.880.70.890.450.840.640.440.450.840.840.820.90.71-0.36-0.810.910.590.840.830.910.77
0.960.820.440.930.940.720.880.740.950.770.520.740.950.940.670.930.89-0.56-0.850.940.880.950.90.950.84
0.50.070.440.380.340.030.210.610.490.530.620.610.360.480.280.310.56-0.64-0.50.310.620.490.510.290.41
0.950.850.930.380.940.70.90.750.940.780.60.750.940.930.750.950.86-0.59-0.890.960.860.920.940.960.87
0.970.880.940.340.940.730.920.670.980.880.580.670.950.970.830.990.86-0.65-0.930.990.80.970.940.990.91
0.670.70.720.030.70.730.810.390.670.630.490.390.810.650.660.710.69-0.26-0.610.720.560.660.610.760.56
0.870.890.880.210.90.920.810.50.880.730.620.50.950.860.80.910.86-0.41-0.850.920.670.860.840.930.75
0.760.450.740.610.750.670.390.50.740.680.351.00.630.740.430.690.55-0.73-0.660.690.960.740.770.680.75
1.00.840.950.490.940.980.670.880.740.860.610.740.931.00.840.980.89-0.72-0.960.980.861.00.980.970.94
0.860.640.770.530.780.880.630.730.680.860.70.680.790.850.80.840.78-0.82-0.850.810.750.850.850.810.81
0.60.440.520.620.60.580.490.620.350.610.70.350.670.570.660.550.79-0.44-0.680.530.480.580.610.540.44
0.760.450.740.610.750.670.390.51.00.740.680.350.630.740.430.690.55-0.73-0.660.690.960.740.770.680.75
0.930.840.950.360.940.950.810.950.630.930.790.670.630.920.760.940.94-0.5-0.870.940.810.920.890.960.81
1.00.840.940.480.930.970.650.860.741.00.850.570.740.920.840.980.87-0.74-0.960.970.851.00.980.970.96
0.820.820.670.280.750.830.660.80.430.840.80.660.430.760.840.850.72-0.66-0.920.830.530.830.860.820.83
0.970.90.930.310.950.990.710.910.690.980.840.550.690.940.980.850.84-0.66-0.941.00.80.970.960.990.94
0.890.710.890.560.860.860.690.860.550.890.780.790.550.940.870.720.84-0.52-0.850.840.740.870.840.850.73
-0.73-0.36-0.56-0.64-0.59-0.65-0.26-0.41-0.73-0.72-0.82-0.44-0.73-0.5-0.74-0.66-0.66-0.520.76-0.63-0.69-0.73-0.77-0.6-0.82
-0.96-0.81-0.85-0.5-0.89-0.93-0.61-0.85-0.66-0.96-0.85-0.68-0.66-0.87-0.96-0.92-0.94-0.850.76-0.93-0.76-0.96-0.97-0.92-0.94
0.980.910.940.310.960.990.720.920.690.980.810.530.690.940.970.831.00.84-0.63-0.930.810.970.961.00.93
0.880.590.880.620.860.80.560.670.960.860.750.480.960.810.850.530.80.74-0.69-0.760.810.850.850.810.8
1.00.840.950.490.920.970.660.860.741.00.850.580.740.921.00.830.970.87-0.73-0.960.970.850.980.960.95
0.980.830.90.510.940.940.610.840.770.980.850.610.770.890.980.860.960.84-0.77-0.970.960.850.980.940.96
0.970.910.950.290.960.990.760.930.680.970.810.540.680.960.970.820.990.85-0.6-0.921.00.810.960.940.91
0.940.770.840.410.870.910.560.750.750.940.810.440.750.810.960.830.940.73-0.82-0.940.930.80.950.960.91
Click cells to compare fundamentals

Restaurant Brands Account Relationship Matchups

Restaurant Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.4B22.8B23.2B22.7B23.4B20.7B
Other Current Liab790M835M947M1.0B781M727.8M
Total Current Liabilities1.7B1.6B1.9B2.1B2.1B1.6B
Total Stockholder Equity2.5B2.2B2.2B2.5B2.9B2.2B
Net Debt11.7B12.3B13.3B13.1B13.4B10.2B
Retained Earnings775M622M791M1.1B1.6B1.7B
Accounts Payable644M464M614M758M790M481.3M
Cash1.5B1.6B1.1B1.2B1.1B1.3B
Non Current Assets Total20.2B20.5B21.4B20.7B21.2B18.7B
Non Currrent Assets Other767M890M842M987M1.3B1.3B
Other Assets494M685M648M820M943M649.2M
Cash And Short Term Investments1.5B1.6B1.1B1.2B1.1B1.3B
Net Receivables527M536M547M614M749M504.5M
Good Will5.7B5.7B6.0B5.7B5.8B5.1B
Common Stock Shares Outstanding469M468M464M455M456M483.8M
Non Current Liabilities Total16.4B17.5B17.5B16.4B16.5B14.2B
Inventory75M84M96M133M166M95.2M
Other Current Assets52M72M86M123M119M68.8M
Other Stockholder Equity(763M)(854M)(710M)(679M)(611.1M)(580.5M)
Total Liab18.1B19.1B19.4B18.5B18.7B15.9B
Total Current Assets2.2B2.3B1.8B2.0B2.2B2.0B
Intangible Assets10.6B10.7B11.4B11.0B11.1B10.2B
Common Stock2.5B2.4B2.2B2.1B2.0B1.9B
Short Long Term Debt Total13.2B13.9B14.4B14.3B14.5B12.5B
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 Revenue168M191M221M230M325M212.4M
Long Term Debt11.8B12.4B12.9B12.8B12.9B11.5B
Common Stock Total Equity2.1B1.7B2.5B2.4B2.8B2.0B
Liabilities And Stockholders Equity22.4B22.8B23.2B22.7B23.4B22.1B
Short Long Term Debt91M101M111M96M127M96.0M
Accumulated Other Comprehensive Income(763M)(854M)(710M)(679M)(706M)(741.3M)
Short Term Debt101M111M96M127M248M160.9M
Long Term Debt Total12.0B12.0B12.7B13.2B15.2B12.5B
Capital Lease Obligations1.5B1.4B1.4B1.3B1.6B1.1B

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

  0.77CEF Sprott Physical GoldPairCorr

Moving against Restaurant Stock

  0.49SLF-PG Sun Life NonPairCorr
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.
Pair CorrelationCorrelation Matching
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.