Restaurant Brands International (STU:0R6) Interest Expense : €-560 Mil (TTM As of Mar. 2024)

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What is Restaurant Brands International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Restaurant Brands International's interest expense for the three months ended in Mar. 2024 was € -141 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-560 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Restaurant Brands International's Operating Income for the three months ended in Mar. 2024 was € 484 Mil. Restaurant Brands International's Interest Expense for the three months ended in Mar. 2024 was € -141 Mil. Restaurant Brands International's Interest Coverage for the quarter that ended in Mar. 2024 was 3.44. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Restaurant Brands International Interest Expense Historical Data

The historical data trend for Restaurant Brands International's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Restaurant Brands International Interest Expense Chart

Restaurant Brands International Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-470.70

-403.60

-425.69

-483.33

-545.62

Restaurant Brands International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-132.63	-135.68	-139.61	-143.97	-140.76

Restaurant Brands International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-560 Mil.

Restaurant Brands International (STU:0R6) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Restaurant Brands International's Interest Expense for the three months ended in Mar. 2024 was €-141 Mil. Its Operating Income for the three months ended in Mar. 2024 was €484 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €13,113 Mil.

Restaurant Brands International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	483.92	/	-140.76
	=	3.44

The higher the ratio, the stronger the company's financial strength is.

Restaurant Brands International (STU:0R6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands International Inc (STU:0R6) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

QSR:USA QSR:Mexico 0R6:Germany QSR:Canada

Address

130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1

Website

https://www.rbi.com

Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $39 billion in 2022 systemwide sales across a footprint that spanned nearly 30,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the Restaurant Brands portfolio now includes Burger King (19,000 units), Tim Hortons (5,600 units), Popeyes Louisiana Kitchen (4,100 units) and Firehouse Subs (1,250 units) as of year-end 2022.

Restaurant Brands International (STU:0R6) Headlines

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