Restaurant Days Sales Outstanding vs Dividend Yield Analysis

QSP-UN Stock  CAD 100.22  2.91  2.99%   
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 Days Sales Outstanding and its Dividend Yield 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 employment.

Days Sales Outstanding vs Dividend Yield

Days Sales Outstanding vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Restaurant Brands Days Sales Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Restaurant Brands' Days Sales Outstanding and Dividend Yield is -0.32. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Dividend Yield 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' Days Sales Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Restaurant Brands International are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Sales Outstanding i.e., Restaurant Brands' Days Sales Outstanding and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Dividend Yield

Dividend Yield is Restaurant Brands International dividend as a percentage of Restaurant Brands stock price. Restaurant Brands dividend yield is a measure of Restaurant Brands stock productivity, which can be interpreted as interest rate earned on an Restaurant Brands investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
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 employment.
At present, Restaurant Brands' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.25, whereas Selling General Administrative is forecasted to decline to about 617.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense505M533M595M489.1M
Depreciation And Amortization201M190M191M176M

Restaurant Brands fundamental ratios Correlations

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0.950.850.930.380.940.70.90.750.940.780.360.750.940.930.750.950.86-0.59-0.940.960.860.920.940.960.88
0.970.880.940.340.940.730.920.670.980.880.370.670.950.970.830.990.86-0.65-0.930.990.80.970.940.990.91
0.670.70.720.030.70.730.810.390.670.630.240.390.810.650.660.710.69-0.26-0.720.720.560.660.610.760.77
0.870.890.880.210.90.920.810.50.880.730.260.50.950.860.80.910.86-0.41-0.90.920.670.860.840.930.87
0.760.450.740.610.750.670.390.50.740.680.481.00.630.740.430.690.55-0.73-0.660.690.960.740.770.680.66
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0.40.030.380.730.360.370.240.260.480.390.680.480.410.360.210.290.55-0.51-0.290.270.520.370.370.280.47
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0.930.840.950.360.940.950.810.950.630.930.790.410.630.920.760.940.94-0.5-0.90.940.810.920.890.960.96
1.00.840.940.480.930.970.650.860.741.00.850.360.740.920.840.980.87-0.74-0.910.970.851.00.980.970.92
0.820.820.670.280.750.830.660.80.430.840.80.210.430.760.840.850.72-0.66-0.80.830.530.830.860.820.74
0.970.90.930.310.950.990.710.910.690.980.840.290.690.940.980.850.84-0.66-0.951.00.80.970.960.990.89
0.890.710.890.560.860.860.690.860.550.890.780.550.550.940.870.720.84-0.52-0.810.840.740.870.840.850.93
-0.73-0.36-0.56-0.64-0.59-0.65-0.26-0.41-0.73-0.72-0.82-0.51-0.73-0.5-0.74-0.66-0.66-0.520.63-0.63-0.69-0.73-0.77-0.6-0.54
-0.92-0.8-0.87-0.28-0.94-0.93-0.72-0.9-0.66-0.92-0.77-0.29-0.66-0.9-0.91-0.8-0.95-0.810.63-0.95-0.77-0.9-0.9-0.95-0.82
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0.880.590.880.620.860.80.560.670.960.860.750.520.960.810.850.530.80.74-0.69-0.770.810.850.850.810.83
1.00.840.950.490.920.970.660.860.741.00.850.370.740.921.00.830.970.87-0.73-0.90.970.850.980.960.93
0.980.830.90.510.940.940.610.840.770.980.850.370.770.890.980.860.960.84-0.77-0.90.960.850.980.940.87
0.970.910.950.290.960.990.760.930.680.970.810.280.680.960.970.820.990.85-0.6-0.951.00.810.960.940.91
0.930.780.940.510.880.910.770.870.660.930.80.470.660.960.920.740.890.93-0.54-0.820.90.830.930.870.91
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 Assets494M685M648M820M943M693.3M
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
Current Deferred Revenue168M191M221M230M325M212.4M
Liabilities And Stockholders Equity22.4B22.8B23.2B22.7B23.4B22.1B
Accumulated Other Comprehensive Income(763M)(854M)(710M)(679M)(706M)(741.3M)
Short Term Debt101M111M96M127M248M160.9M
Other Liab3.1B3.2B3.0B2.2B2.5B3.1B
Net Tangible Assets(12.0B)(12.7B)(13.6B)(12.4B)(11.2B)(11.7B)
Long Term Debt11.8B12.4B12.9B12.8B12.9B12.6B
Long Term Investments48M66M80M82M73.8M63.2M
Short Long Term Debt74M111M96M127M101M94.0M
Capital Lease Obligations1.6B1.4B1.4B1.3B1.6B1.2B
Non Current Liabilities Other44M2.2B1.8B872M24M22.8M
Net Invested Capital16.1B16.2B15.2B15.5B17.7B17.7B
Net Working Capital493M663M(62M)(68M)29M27.6M

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.
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 employment.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.