Restaurant Brands Asia Limited (RBA) - Net Assets
Based on the latest financial reports, Restaurant Brands Asia Limited (RBA) has net assets worth Rs6.89 Billion INR (≈ $74.47 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs33.82 Billion ≈ $365.78 Million USD) and total liabilities (Rs26.94 Billion ≈ $291.32 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how large is Restaurant Brands Asia Limited's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.89 Billion |
| % of Total Assets | 20.36% |
| Annual Growth Rate | 14.54% |
| 5-Year Change | -35.54% |
| 10-Year Change | 75.68% |
| Growth Volatility | 265.31 |
Restaurant Brands Asia Limited - Net Assets Trend (2016–2026)
This chart illustrates how Restaurant Brands Asia Limited's net assets have evolved over time, based on quarterly financial data. Check RBA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Restaurant Brands Asia Limited (2016–2026)
The table below shows the annual net assets of Restaurant Brands Asia Limited from 2016 to 2026. For live valuation and market cap data, see RBA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs6.89 Billion ≈ $74.47 Million |
-22.99% |
| 2025-03-31 | Rs8.94 Billion ≈ $96.70 Million |
+42.20% |
| 2024-03-31 | Rs6.29 Billion ≈ $68.00 Million |
-25.69% |
| 2023-03-31 | Rs8.46 Billion ≈ $91.51 Million |
-20.79% |
| 2022-03-31 | Rs10.68 Billion ≈ $115.53 Million |
+870.51% |
| 2021-03-31 | Rs1.10 Billion ≈ $11.90 Million |
-60.04% |
| 2020-03-31 | Rs2.75 Billion ≈ $29.79 Million |
+10.33% |
| 2019-03-31 | Rs2.50 Billion ≈ $27.00 Million |
-13.05% |
| 2018-03-31 | Rs2.87 Billion ≈ $31.05 Million |
-26.74% |
| 2017-03-31 | Rs3.92 Billion ≈ $42.39 Million |
+121.14% |
| 2016-03-31 | Rs1.77 Billion ≈ $19.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Restaurant Brands Asia Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 68649000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs5.83 Billion | 80.83% |
| Other Components | Rs1.38 Billion | 19.17% |
| Total Equity | Rs7.21 Billion | 100.00% |
Restaurant Brands Asia Limited Competitors by Market Cap
The table below lists competitors of Restaurant Brands Asia Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Satellogic V Inc
NASDAQ:SATL
|
$544.45 Million |
|
Markor International Home Furnishings Co Ltd
SHG:600337
|
$544.62 Million |
|
Sage Therapeutics Inc
NASDAQ:SAGE
|
$544.94 Million |
|
Flexium Interconnect Inc
TW:6269
|
$545.20 Million |
|
Zhejiang Sunflower Light Energy
SHE:300111
|
$544.36 Million |
|
Ethan Allen Interiors Inc
NYSE:ETD
|
$544.30 Million |
|
Qianjiang Yongan Pharmaceutical Co Ltd
SHE:002365
|
$544.19 Million |
|
Mayville Engineering Co Inc
NYSE:MEC
|
$544.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Restaurant Brands Asia Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 9,085,710,000 to 7,211,050,000, a change of -1,874,660,000 (-20.6%).
- Net loss of 1,870,780,000 reduced equity.
- New share issuances of 17,250,000 increased equity.
- Other comprehensive income increased equity by 5,573,170,000.
- Other factors decreased equity by 5,594,300,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-1.87 Billion | -25.94% |
| Share Issuances | Rs17.25 Million | +0.24% |
| Other Comprehensive Income | Rs5.57 Billion | +77.29% |
| Other Changes | Rs-5.59 Billion | -77.58% |
| Total Change | Rs- | -20.63% |
Book Value vs Market Value Analysis
This analysis compares Restaurant Brands Asia Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.75x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.60x to 5.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | Rs4.54 | Rs70.76 | x |
| 2017-03-31 | Rs10.22 | Rs70.76 | x |
| 2018-03-31 | Rs7.52 | Rs70.76 | x |
| 2019-03-31 | Rs6.54 | Rs70.76 | x |
| 2020-03-31 | Rs7.22 | Rs70.76 | x |
| 2021-03-31 | Rs2.22 | Rs70.76 | x |
| 2022-03-31 | Rs26.22 | Rs70.76 | x |
| 2023-03-31 | Rs16.72 | Rs70.76 | x |
| 2024-03-31 | Rs12.65 | Rs70.76 | x |
| 2025-03-31 | Rs18.20 | Rs70.76 | x |
| 2026-03-31 | Rs12.30 | Rs70.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Restaurant Brands Asia Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -25.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.63%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 4.69x
- Recent ROE (-25.94%) is above the historical average (-48.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -22.12% | -27.62% | 0.68x | 1.19x | Rs-556.03 Million |
| 2017 | -14.62% | -24.80% | 0.53x | 1.10x | Rs-960.43 Million |
| 2018 | -28.64% | -21.80% | 0.52x | 2.54x | Rs-1.11 Billion |
| 2019 | -15.33% | -6.07% | 0.69x | 3.69x | Rs-632.44 Million |
| 2020 | -27.80% | -9.13% | 0.70x | 4.35x | Rs-1.04 Billion |
| 2021 | -289.58% | -24.53% | 0.51x | 23.13x | Rs-2.54 Billion |
| 2022 | -18.83% | -13.18% | 0.62x | 2.29x | Rs-3.00 Billion |
| 2023 | -26.80% | -10.77% | 0.82x | 3.02x | Rs-3.04 Billion |
| 2024 | -34.78% | -8.94% | 0.90x | 4.32x | Rs-2.81 Billion |
| 2025 | -23.80% | -8.48% | 0.74x | 3.81x | Rs-3.07 Billion |
| 2026 | -25.94% | -6.63% | 0.83x | 4.69x | Rs-2.59 Billion |
Industry Comparison
This section compares Restaurant Brands Asia Limited's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $6,411,967,265
- Average return on equity (ROE) among peers: 8.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Restaurant Brands Asia Limited (RBA) | Rs6.89 Billion | -22.12% | 3.91x | $544.43 Million |
| Barbeque Nation Hospitality Limited (BARBEQUE) | $1.23 Billion | 4.77% | 0.92x | $84.54 Million |
| Coffee Day Enterprises Limited (COFFEEDAY) | $11.45 Billion | -1.87% | 3.59x | $73.18 Million |
| Dangee Dums Limited (DANGEE) | $332.54 Million | -6.16% | 0.56x | $4.96 Million |
| Devyani International Limited (DEVYANI) | $1.06 Billion | 43.57% | 5.90x | $1.56 Billion |
| Jubilant Foodworks Limited (JUBLFOOD) | $21.83 Billion | 9.66% | 2.91x | $3.34 Billion |
| Sapphire Foods India Limited (SAPPHIRE) | $13.89 Billion | -2.30% | 1.34x | $651.61 Million |
| Speciality Restaurants Limited (SPECIALITY) | $1.45 Billion | 5.64% | 1.33x | $68.92 Million |
| WESTLIFE FOODWORLD LIMITED (WESTLIFE) | $65.98 Million | 15.54% | 0.02x | $891.67 Million |
About Restaurant Brands Asia Limited
Restaurant Brands Asia Limited, together with its subsidiaries, operates quick service restaurant chains. It develops, establishes, operates, and franchises restaurants under the Burger King brand in India, as well as Burger King and POPEYES brands in Indonesia. The company was formerly known as Burger King India Limited and changed its name to Restaurant Brands Asia Limited in February 2022. Res… Read more