Queens Historical Balance Sheet

QRC Stock

6.80 0.05 0.74%

Trend analysis of Queens Road Capital balance sheet accounts such as Property Plant And Equipment Net of 93.1 K, Net Debt of 28.9 M, Retained Earnings of 64 M or Accounts Payable of 5.2 K provides information on Queens Road's total assets, liabilities, and equity, which is the actual value of Queens Road Capital to its prevalent stockholders. By breaking down trends over time using Queens Road balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Queens Road Capital latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Queens Road Capital is a good buy for the upcoming year.

Queens Road Inventory

(1.75 Million)

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Queens Road Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Queens Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Queens Road Capital at a specified time, usually calculated after every quarter, six months, or one year. Queens Road Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Queens Road and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Queens currently owns. An asset can also be divided into two categories, current and non-current.

Queens Road Balance Sheet Chart

At this time, Queens Road's Non Current Assets Total are very stable compared to the past year. As of the 2nd of March 2025, Cash And Short Term Investments is likely to grow to about 17.8 M, while Property Plant And Equipment Net is likely to drop about 93.1 K.

Total Assets Other Current Liab Total Current Liabilities Accounts Payable Capital Lease Obligations

Total Assets

Total assets refers to the total amount of Queens Road assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Queens Road Capital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Queens Road balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Queens Road Capital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Queens Road obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Queens Road Capital are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Lease Obligations

Queens Road Capital capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Queens Road asset purchases. For example, Queens Road can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Queens Road control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most accounts from Queens Road's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Queens Road Capital current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Queens Road Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2024	2025 (projected)
Other Current Liabilities	937.5K	1.1M	1.1M
Total Assets	237.2M	325.3M	341.5M

Other Current Liab Total Assets

Queens Road balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Short Long Term Debt Total	Non Current Liabilities Total	Inventory	Net Invested Capital	Long Term Investments	Capital Stock
Total Assets		0.86	0.8	1.0	-0.42	0.41	0.95	-0.41	0.25	1.0	-0.74	0.71	0.96	0.46	0.76	-0.81	0.81	0.39	0.99	-0.96	0.34	-0.6	-0.79	0.95	0.95	0.92
Other Current Liab	0.86		0.71	0.85	-0.27	0.3	0.76	-0.05	0.31	0.85	-0.51	0.7	0.83	0.36	0.56	-0.53	0.71	0.43	0.87	-0.82	-0.02	-0.23	-0.63	0.83	0.81	0.87
Total Current Liabilities	0.8	0.71		0.76	-0.29	0.82	0.71	-0.24	-0.22	0.83	-0.42	0.38	0.92	-0.15	0.75	-0.61	1.0	-0.07	0.75	-0.64	0.11	-0.44	-0.55	0.76	0.77	0.72
Total Stockholder Equity	1.0	0.85	0.76		-0.42	0.35	0.96	-0.42	0.3	0.99	-0.76	0.73	0.94	0.52	0.74	-0.81	0.76	0.43	0.99	-0.98	0.36	-0.6	-0.8	0.95	0.94	0.92
Property Plant And Equipment Net	-0.42	-0.27	-0.29	-0.42		-0.1	-0.29	0.04	-0.18	-0.41	0.59	-0.34	-0.4	-0.37	-0.45	0.29	-0.29	-0.23	-0.46	0.48	-0.71	0.74	0.51	-0.42	-0.42	-0.38
Net Debt	0.41	0.3	0.82	0.35	-0.1		0.39	-0.05	-0.74	0.47	-0.04	-0.22	0.63	-0.52	0.59	-0.44	0.81	-0.63	0.31	-0.22	-0.13	-0.22	-0.22	0.41	0.45	0.34
Retained Earnings	0.95	0.76	0.71	0.96	-0.29	0.39		-0.4	0.17	0.95	-0.69	0.58	0.88	0.49	0.68	-0.87	0.72	0.29	0.91	-0.92	0.27	-0.51	-0.73	0.91	0.91	0.83
Accounts Payable	-0.41	-0.05	-0.24	-0.42	0.04	-0.05	-0.4		-0.23	-0.4	0.51	-0.37	-0.36	-0.28	-0.41	0.43	-0.24	-0.28	-0.41	0.4	-0.64	0.66	0.44	-0.35	-0.36	-0.32
Cash	0.25	0.31	-0.22	0.3	-0.18	-0.74	0.17	-0.23		0.18	-0.46	0.82	0.01	0.7	-0.13	0.02	-0.22	0.99	0.35	-0.4	0.37	-0.17	-0.3	0.2	0.15	0.28
Non Current Assets Total	1.0	0.85	0.83	0.99	-0.41	0.47	0.95	-0.4	0.18		-0.72	0.65	0.97	0.41	0.78	-0.83	0.84	0.32	0.98	-0.95	0.32	-0.59	-0.78	0.95	0.95	0.91
Other Assets	-0.74	-0.51	-0.42	-0.76	0.59	-0.04	-0.69	0.51	-0.46	-0.72		-0.69	-0.64	-0.63	-0.46	0.7	-0.43	-0.54	-0.77	0.81	-0.66	0.71	0.58	-0.69	-0.69	-0.63
Cash And Short Term Investments	0.71	0.7	0.38	0.73	-0.34	-0.22	0.58	-0.37	0.82	0.65	-0.69		0.54	0.58	0.32	-0.34	0.38	0.89	0.78	-0.75	0.43	-0.42	-0.6	0.64	0.59	0.69
Net Receivables	0.96	0.83	0.92	0.94	-0.4	0.63	0.88	-0.36	0.01	0.97	-0.64	0.54		0.24	0.84	-0.8	0.92	0.16	0.93	-0.87	0.25	-0.57	-0.73	0.91	0.92	0.88
Common Stock Shares Outstanding	0.46	0.36	-0.15	0.52	-0.37	-0.52	0.49	-0.28	0.7	0.41	-0.63	0.58	0.24		0.2	-0.45	-0.15	0.72	0.52	-0.65	0.45	-0.4	-0.51	0.44	0.42	0.44
Other Current Assets	0.76	0.56	0.75	0.74	-0.45	0.59	0.68	-0.41	-0.13	0.78	-0.46	0.32	0.84	0.2		-0.75	0.75	0.0	0.74	-0.69	0.36	-0.67	-0.84	0.73	0.75	0.7
Other Stockholder Equity	-0.81	-0.53	-0.61	-0.81	0.29	-0.44	-0.87	0.43	0.02	-0.83	0.7	-0.34	-0.8	-0.45	-0.75		-0.61	-0.09	-0.77	0.8	-0.28	0.52	0.64	-0.77	-0.8	-0.66
Total Liab	0.81	0.71	1.0	0.76	-0.29	0.81	0.72	-0.24	-0.22	0.84	-0.43	0.38	0.92	-0.15	0.75	-0.61		-0.07	0.75	-0.64	0.11	-0.44	-0.55	0.76	0.78	0.73
Total Current Assets	0.39	0.43	-0.07	0.43	-0.23	-0.63	0.29	-0.28	0.99	0.32	-0.54	0.89	0.16	0.72	0.0	-0.09	-0.07		0.49	-0.51	0.4	-0.25	-0.39	0.31	0.26	0.39
Common Stock	0.99	0.87	0.75	0.99	-0.46	0.31	0.91	-0.41	0.35	0.98	-0.77	0.78	0.93	0.52	0.74	-0.77	0.75	0.49		-0.97	0.39	-0.62	-0.81	0.94	0.93	0.93
Non Currrent Assets Other	-0.96	-0.82	-0.64	-0.98	0.48	-0.22	-0.92	0.4	-0.4	-0.95	0.81	-0.75	-0.87	-0.65	-0.69	0.8	-0.64	-0.51	-0.97		-0.42	0.62	0.82	-0.94	-0.93	-0.91
Short Long Term Debt Total	0.34	-0.02	0.11	0.36	-0.71	-0.13	0.27	-0.64	0.37	0.32	-0.66	0.43	0.25	0.45	0.36	-0.28	0.11	0.4	0.39	-0.42		-0.9	-0.51	0.32	0.31	0.27
Non Current Liabilities Total	-0.6	-0.23	-0.44	-0.6	0.74	-0.22	-0.51	0.66	-0.17	-0.59	0.71	-0.42	-0.57	-0.4	-0.67	0.52	-0.44	-0.25	-0.62	0.62	-0.9		0.71	-0.58	-0.59	-0.54
Inventory	-0.79	-0.63	-0.55	-0.8	0.51	-0.22	-0.73	0.44	-0.3	-0.78	0.58	-0.6	-0.73	-0.51	-0.84	0.64	-0.55	-0.39	-0.81	0.82	-0.51	0.71		-0.81	-0.79	-0.81
Net Invested Capital	0.95	0.83	0.76	0.95	-0.42	0.41	0.91	-0.35	0.2	0.95	-0.69	0.64	0.91	0.44	0.73	-0.77	0.76	0.31	0.94	-0.94	0.32	-0.58	-0.81		1.0	0.97
Long Term Investments	0.95	0.81	0.77	0.94	-0.42	0.45	0.91	-0.36	0.15	0.95	-0.69	0.59	0.92	0.42	0.75	-0.8	0.78	0.26	0.93	-0.93	0.31	-0.59	-0.79	1.0		0.96
Capital Stock	0.92	0.87	0.72	0.92	-0.38	0.34	0.83	-0.32	0.28	0.91	-0.63	0.69	0.88	0.44	0.7	-0.66	0.73	0.39	0.93	-0.91	0.27	-0.54	-0.81	0.97	0.96

Click cells to compare fundamentals

Queens Road Account Relationship Matchups

Queens Road balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	149.2M	232.6M	237.2M	282.9M	325.3M	341.5M
Other Current Liab	464.0K	169.4K	968.7K	937.5K	1.1M	1.1M
Total Current Liabilities	172.7K	1.2M	1.2M	32.9M	37.8M	39.7M
Total Stockholder Equity	149.1M	231.1M	235.9M	250.0M	287.5M	301.9M
Net Debt	(2.2M)	(34.0M)	(14.4M)	30.5M	27.5M	28.9M
Retained Earnings	50.5M	43.6M	41.5M	53.0M	61.0M	64.0M
Accounts Payable	3.3K	31.4K	39.1K	6.1K	5.5K	5.2K
Cash	2.2M	34.5M	14.7M	1.1M	1.3M	1.2M
Non Current Assets Total	146.4M	197.2M	220.9M	279.4M	321.4M	337.4M
Cash And Short Term Investments	25.0M	2.2M	34.5M	14.7M	17.0M	17.8M
Net Receivables	621.5K	721.0K	1.5M	2.2M	2.5M	2.7M
Common Stock Shares Outstanding	288.4M	388.8M	488.3M	45.5M	52.4M	49.8M
Liabilities And Stockholders Equity	79.8M	149.2M	232.6M	237.2M	272.8M	286.5M
Other Current Assets	416.5K	846.5K	111.2K	2.2M	2.5M	2.6M
Other Stockholder Equity	(3.0M)	(63.8M)	(1.7M)	(56.2M)	(50.6M)	(48.0M)
Total Liab	172.7K	1.5M	1.3M	32.9M	37.8M	39.7M
Total Current Assets	2.8M	35.3M	16.3M	3.4M	3.9M	7.8M
Accumulated Other Comprehensive Income	12.9M	12.3M	17.1M	19.7M	22.6M	23.7M
Common Stock	86.0M	86.2M	170.4M	174.8M	201.0M	211.0M
Non Currrent Assets Other	(104.3M)	(188.6M)	(304.6M)	(321.0M)	(288.9M)	(274.4M)
Non Current Liabilities Total	15.4K	619.2K	218.2K	315.8K	126.0K	0.0
Inventory	(3.9K)	(391.2K)	(797.0K)	(2.0M)	(1.8M)	(1.8M)
Net Invested Capital	149.1M	231.1M	235.9M	281.6M	323.9M	215.0M
Long Term Investments	146.4M	196.8M	220.6M	279.3M	321.2M	197.5M
Net Working Capital	2.7M	34.2M	15.2M	(29.4M)	(26.5M)	(25.2M)

Pair Trading with Queens Road

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 Queens Road 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 Queens Road will appreciate offsetting losses from the drop in the long position's value.

Moving against Queens Stock

0.68	FFH-PM	Fairfax Financial	Pair Corr
0.54	FFH-PH	Fairfax Financial	Pair Corr
0.53	ELF-PH	E L Financial Earnings Call This Week	Pair Corr
0.34	FFH-PJ	Fairfax Financial	Pair Corr

The ability to find closely correlated positions to Queens Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Queens Road 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 Queens Road - 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 Queens Road Capital to buy it.

The correlation of Queens Road 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 Queens Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Queens Road Capital 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 Queens Road 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

Other Information on Investing in Queens Stock

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Queens Historical Balance Sheet

Queens Road Inventory

(1.75 Million)

About Queens Balance Sheet Analysis

Queens Road Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Capital Lease Obligations

Queens Road balance sheet Correlations

Queens Road Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Queens Road balance sheet Accounts

Pair Trading with Queens Road

Moving against Queens Stock

Other Information on Investing in Queens Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Long Term Investments	+ 1.0	Net Invested Capital
Common Stock	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Non Currrent Assets Other	- 0.98	Total Stockholder Equity
Non Currrent Assets Other	- 0.97	Common Stock
Non Currrent Assets Other	- 0.96	Total Assets
Non Currrent Assets Other	- 0.95	Non Current Assets Total
Net Invested Capital	- 0.94	Non Currrent Assets Other
Long Term Investments	- 0.93	Non Currrent Assets Other