Restaurant Change In Cash vs Change To Netincome Analysis
QSR Stock | USD 69.80 0.20 0.29% |
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 Change In Cash and its Change To Netincome 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 state.
Change In Cash vs Change To Netincome
Change In Cash vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Change In Cash account and Change To Netincome. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Restaurant Brands' Change In Cash and Change To Netincome is 0.16. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change To Netincome 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' Change In Cash and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Restaurant Brands International are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change In Cash i.e., Restaurant Brands' Change In Cash and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change In Cash
Change To Netincome
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 state. At this time, Restaurant Brands' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/11/2024, Enterprise Value Over EBITDA is likely to grow to 18.25, while Tax Provision is likely to drop slightly above 10.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 2.6B | 2.8B | 1.8B | Total Revenue | 5.7B | 6.5B | 7.0B | 3.9B |
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 | 13.8B | |
Other Current Liab | 790M | 767M | 922M | 904M | 977M | 566.4M | |
Total Current Liabilities | 1.7B | 1.6B | 1.9B | 2.1B | 2.1B | 1.2B | |
Total Stockholder Equity | 2.5B | 2.2B | 2.2B | 2.5B | 2.9B | 2.2B | |
Other Liab | 3.1B | 3.7B | 3.2B | 2.2B | 2.5B | 1.6B | |
Retained Earnings | 775M | 622M | 791M | 1.1B | 1.6B | 1.7B | |
Accounts Payable | 644M | 464M | 614M | 758M | 790M | 829.5M | |
Cash | 1.5B | 1.6B | 1.1B | 1.2B | 1.1B | 872.0M | |
Other Assets | 494M | 2.0M | 842M | 905M | 1.0B | 1.1B | |
Long Term Debt | 11.8B | 12.4B | 12.9B | 12.8B | 12.9B | 7.0B | |
Good Will | 5.7B | 5.7B | 6.0B | 5.7B | 5.8B | 3.1B | |
Inventory | 75M | 84M | 96M | 133M | 166M | 174.3M | |
Other Current Assets | 52M | 144M | 86M | 123M | 119M | 96.8M | |
Total Liab | 18.1B | 19.1B | 19.4B | 18.5B | 18.7B | 10.5B | |
Intangible Assets | 10.6B | 10.7B | 11.4B | 11.0B | 11.1B | 6.7B | |
Common Stock | 2.5B | 2.4B | 2.2B | 2.1B | 2.0B | 1.2B | |
Property Plant Equipment | 2.0B | 3.2B | 3.2B | 3.0B | 3.5B | 1.8B | |
Common Stock Shares Outstanding | 469M | 468M | 464M | 455M | 456M | 476.6M | |
Net Debt | 11.7B | 12.3B | 13.3B | 13.1B | 13.4B | 10.2B | |
Non Current Assets Total | 20.2B | 20.5B | 21.4B | 20.7B | 21.2B | 18.7B | |
Non Currrent Assets Other | 767M | 890M | 842M | (932.7M) | 1.3B | 1.3B | |
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 | |
Non Current Liabilities Total | 16.4B | 17.5B | 17.5B | 16.4B | 16.5B | 14.2B | |
Other Stockholder Equity | (763M) | (854M) | (710M) | (679M) | (611.1M) | (580.5M) | |
Total Current Assets | 2.2B | 2.3B | 1.8B | 2.0B | 2.2B | 2.0B | |
Short Long Term Debt Total | 13.2B | 13.9B | 14.4B | 14.3B | 14.5B | 12.5B | |
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 | |
Common Stock Total Equity | 2.5B | 2.4B | 2.2B | 2.1B | 2.4B | 2.0B | |
Liabilities And Stockholders Equity | 22.4B | 22.8B | 23.2B | 22.7B | 23.4B | 22.1B | |
Deferred Long Term Liab | 1.6B | 1.4B | 1.4B | 1.3B | 1.5B | 1.5B | |
Property Plant And Equipment Gross | 3.9B | 3.2B | 4.1B | 4.1B | 4.3B | 2.3B | |
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 | 91M | 101M | 248M | 236M | 264M | 191.0M |
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
0.47 | XPOF | Xponential Fitness | PairCorr |
0.45 | LIND | Lindblad Expeditions | PairCorr |
0.33 | FWRG | First Watch Restaurant | 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.