Restaurant Brands International Limited Partnership Tangible Net Worth Ratio
Restaurant Brands International Limited Partnership tangible net worth ratio. Restaurant Brands International Limited Partnership (QSP-UN) has a Tangible Net Worth Ratio of -109.4% as of March 2026. This metric is calculated by deducting intangible assets (CA$11.08 Billion) from net assets (CA$5.29 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Restaurant Brands International Limited strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Restaurant Brands International Limited Partnership (2012–2025)
Tangible net worth ratio of Restaurant Brands International Limited Partnership from 2012 to 2025. This chart shows how Restaurant Brands International Limited Partnership's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at -109.4%, reflecting net assets of CA$5.29 Billion with intangible assets of CA$11.08 Billion CAD. See Restaurant Brands International Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Restaurant Brands International Limited Partnership Tangible Net Worth Ratio by Year (2012–2025)
Restaurant Brands International Limited Partnership tangible net worth ratio by year from 2012 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Restaurant Brands International Limited Partnership from 2012 to 2025, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Restaurant Brands International Limited market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -116.9% | CA$5.16 Billion | CA$11.19 Billion | CA$25.61 Billion | ▲ +8.6 pp |
| 2024 | -125.5% | CA$4.84 Billion | CA$10.92 Billion | CA$24.63 Billion | ▲ +9.3 pp |
| 2023 | -134.8% | CA$4.73 Billion | CA$11.11 Billion | CA$23.39 Billion | ▲ +22.7 pp |
| 2022 | -157.5% | CA$4.27 Billion | CA$10.99 Billion | CA$22.75 Billion | ▲ +38.8 pp |
| 2021 | -196.3% | CA$3.85 Billion | CA$11.42 Billion | CA$23.25 Billion | ▼ -8.7 pp |
| 2020 | -187.6% | CA$3.72 Billion | CA$10.70 Billion | CA$22.78 Billion | ▼ -39.6 pp |
| 2019 | -148.0% | CA$4.26 Billion | CA$10.56 Billion | CA$22.36 Billion | ▲ +41.2 pp |
| 2018 | -189.2% | CA$3.62 Billion | CA$10.46 Billion | CA$20.14 Billion | ▼ -46.7 pp |
| 2017 | -142.5% | CA$4.56 Billion | CA$11.06 Billion | CA$21.22 Billion | ▼ -106.5 pp |
| 2016 | -36.0% | CA$6.79 Billion | CA$9.23 Billion | CA$19.12 Billion | ▲ +11.3 pp |
| 2015 | -47.3% | CA$6.21 Billion | CA$9.15 Billion | CA$18.41 Billion | ▼ -10.4 pp |
| 2014 | -36.9% | CA$7.63 Billion | CA$10.45 Billion | CA$21.34 Billion | ▲ +47.5 pp |
| 2013 | -84.4% | CA$1.52 Billion | CA$2.80 Billion | CA$5.83 Billion | ▲ +54.8 pp |
| 2012 | -139.3% | CA$1.18 Billion | CA$2.81 Billion | CA$5.56 Billion | — |