Restaurant Income Before Tax vs Ebitda Analysis

QSR Stock

USD 70.00 0.05 0.07%

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 Income Before Tax and its Ebitda 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.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Restaurant Brands' Income Before Tax and Ebitda is 0.95. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda 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' Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Restaurant Brands International are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Restaurant Brands' Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Restaurant Brands income statement and is an important metric when analyzing Restaurant Brands profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Ebitda

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

Gross Profit Total Revenue

Restaurant Brands fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Total Assets		0.85	0.95	0.56	0.84	0.55	0.73	0.8	0.48	0.97	1.0	-0.82	0.72	-0.31	0.98	0.99	0.98	0.91	0.77	0.92	0.95	0.97	0.79	0.74	0.9	0.95
Other Current Liab	0.85		0.85	0.16	0.85	0.69	0.82	0.48	0.45	0.92	0.85	-0.83	0.66	-0.02	0.91	0.85	0.83	0.83	0.79	0.84	0.89	0.85	0.61	0.43	0.88	0.89
Total Current Liabilities	0.95	0.85		0.47	0.7	0.63	0.77	0.76	0.48	0.94	0.94	-0.69	0.75	-0.21	0.94	0.94	0.89	0.93	0.63	0.92	0.92	0.93	0.71	0.72	0.93	0.91
Total Stockholder Equity	0.56	0.16	0.47		0.23	0.06	0.17	0.66	0.54	0.36	0.53	-0.35	0.48	-0.56	0.37	0.55	0.55	0.44	0.31	0.4	0.36	0.51	0.46	0.62	0.39	0.34
Other Liab	0.84	0.85	0.7	0.23		0.49	0.69	0.54	0.33	0.89	0.86	-0.9	0.55	-0.19	0.89	0.84	0.89	0.74	0.91	0.8	0.85	0.84	0.69	0.48	0.76	0.88
Retained Earnings	0.55	0.69	0.63	0.06	0.49		0.93	0.3	0.66	0.61	0.53	-0.68	0.83	0.09	0.6	0.53	0.51	0.61	0.65	0.7	0.74	0.68	0.65	0.4	0.82	0.72
Accounts Payable	0.73	0.82	0.77	0.17	0.69	0.93		0.42	0.69	0.78	0.72	-0.83	0.87	-0.07	0.78	0.71	0.72	0.74	0.81	0.86	0.87	0.84	0.68	0.49	0.91	0.87
Cash	0.8	0.48	0.76	0.66	0.54	0.3	0.42		0.21	0.7	0.77	-0.5	0.45	-0.31	0.73	0.78	0.79	0.68	0.43	0.74	0.69	0.74	0.72	0.96	0.64	0.69
Other Assets	0.48	0.45	0.48	0.54	0.33	0.66	0.69	0.21		0.44	0.46	-0.64	0.78	-0.27	0.42	0.47	0.46	0.48	0.6	0.52	0.54	0.57	0.5	0.24	0.62	0.49
Long Term Debt	0.97	0.92	0.94	0.36	0.89	0.61	0.78	0.7	0.44		0.98	-0.85	0.69	-0.2	1.0	0.97	0.95	0.9	0.8	0.91	0.97	0.95	0.76	0.63	0.91	0.97
Good Will	1.0	0.85	0.94	0.53	0.86	0.53	0.72	0.77	0.46	0.98		-0.83	0.7	-0.34	0.98	1.0	0.98	0.89	0.79	0.9	0.95	0.97	0.78	0.71	0.89	0.95
Short Term Investments	-0.82	-0.83	-0.69	-0.35	-0.9	-0.68	-0.83	-0.5	-0.64	-0.85	-0.83		-0.73	0.23	-0.84	-0.83	-0.85	-0.71	-0.98	-0.79	-0.87	-0.86	-0.75	-0.47	-0.81	-0.88
Inventory	0.72	0.66	0.75	0.48	0.55	0.83	0.87	0.45	0.78	0.69	0.7	-0.73		-0.14	0.69	0.7	0.7	0.77	0.72	0.81	0.8	0.83	0.68	0.53	0.88	0.78
Other Current Assets	-0.31	-0.02	-0.21	-0.56	-0.19	0.09	-0.07	-0.31	-0.27	-0.2	-0.34	0.23	-0.14		-0.19	-0.35	-0.34	-0.03	-0.26	-0.14	-0.2	-0.3	-0.34	-0.3	-0.09	-0.19
Total Liab	0.98	0.91	0.94	0.37	0.89	0.6	0.78	0.73	0.42	1.0	0.98	-0.84	0.69	-0.19		0.97	0.96	0.91	0.79	0.93	0.97	0.95	0.76	0.67	0.92	0.97
Intangible Assets	0.99	0.85	0.94	0.55	0.84	0.53	0.71	0.78	0.47	0.97	1.0	-0.83	0.7	-0.35	0.97		0.97	0.89	0.77	0.89	0.94	0.96	0.77	0.7	0.88	0.94
Common Stock	0.98	0.83	0.89	0.55	0.89	0.51	0.72	0.79	0.46	0.95	0.98	-0.85	0.7	-0.34	0.96	0.97		0.86	0.83	0.92	0.93	0.96	0.77	0.75	0.87	0.94
Property Plant Equipment	0.91	0.83	0.93	0.44	0.74	0.61	0.74	0.68	0.48	0.9	0.89	-0.71	0.77	-0.03	0.91	0.89	0.86		0.64	0.91	0.89	0.89	0.67	0.63	0.93	0.88
Common Stock Shares Outstanding	0.77	0.79	0.63	0.31	0.91	0.65	0.81	0.43	0.6	0.8	0.79	-0.98	0.72	-0.26	0.79	0.77	0.83	0.64		0.75	0.84	0.84	0.72	0.43	0.76	0.85
Property Plant And Equipment Net	0.92	0.84	0.92	0.4	0.8	0.7	0.86	0.74	0.52	0.91	0.9	-0.79	0.81	-0.14	0.93	0.89	0.92	0.91	0.75		0.94	0.94	0.75	0.75	0.94	0.95
Net Debt	0.95	0.89	0.92	0.36	0.85	0.74	0.87	0.69	0.54	0.97	0.95	-0.87	0.8	-0.2	0.97	0.94	0.93	0.89	0.84	0.94		0.98	0.85	0.67	0.95	0.99
Non Current Assets Total	0.97	0.85	0.93	0.51	0.84	0.68	0.84	0.74	0.57	0.95	0.97	-0.86	0.83	-0.3	0.95	0.96	0.96	0.89	0.84	0.94	0.98		0.83	0.74	0.93	0.98
Non Currrent Assets Other	0.79	0.61	0.71	0.46	0.69	0.65	0.68	0.72	0.5	0.76	0.78	-0.75	0.68	-0.34	0.76	0.77	0.77	0.67	0.72	0.75	0.85	0.83		0.72	0.76	0.83
Cash And Short Term Investments	0.74	0.43	0.72	0.62	0.48	0.4	0.49	0.96	0.24	0.63	0.71	-0.47	0.53	-0.3	0.67	0.7	0.75	0.63	0.43	0.75	0.67	0.74	0.72		0.63	0.69
Net Receivables	0.9	0.88	0.93	0.39	0.76	0.82	0.91	0.64	0.62	0.91	0.89	-0.81	0.88	-0.09	0.92	0.88	0.87	0.93	0.76	0.94	0.95	0.93	0.76	0.63		0.94
Non Current Liabilities Total	0.95	0.89	0.91	0.34	0.88	0.72	0.87	0.69	0.49	0.97	0.95	-0.88	0.78	-0.19	0.97	0.94	0.94	0.88	0.85	0.95	0.99	0.98	0.83	0.69	0.94

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Restaurant Brands Account Relationship Matchups

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	Pair Corr
0.45	LIND	Lindblad Expeditions Downward Rally	Pair Corr
0.33	FWRG	First Watch Restaurant	Pair Corr

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 Correlation Correlation Matching

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.

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