Queens Current Ratio
| BRSGF Stock | USD 0.52 0.05 10.64% |
Queens Road Capital fundamentals help investors to digest information that contributes to Queens Road's financial success or failures. It also enables traders to predict the movement of Queens Pink Sheet. The fundamental analysis module provides a way to measure Queens Road's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Queens Road pink sheet.
Queens |
Queens Current Ratio Analysis
Queens Road's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Queens Road Current Ratio | 124.55 X |
Most of Queens Road's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Queens Road Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Queens Road Capital has a Current Ratio of 124 times. This is much higher than that of the Financial Services sector and notably higher than that of the Asset Management industry. The current ratio for all United States stocks is notably lower than that of the firm.
Queens Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Queens Road's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Queens Road could also be used in its relative valuation, which is a method of valuing Queens Road by comparing valuation metrics of similar companies.Queens Road is currently under evaluation in current ratio category among related companies.
Queens Fundamentals
| Return On Equity | -0.0855 | |||
| Return On Asset | -0.0473 | |||
| Operating Margin | 4.51 % | |||
| Current Valuation | 195.46 M | |||
| Shares Outstanding | 452 M | |||
| Shares Owned by Insiders | 38.90 % | |||
| Shares Owned by Institutions | 25.32 % | |||
| Price to Earning | 176.67 X | |||
| Price to Book | 1.04 X | |||
| Price to Sales | 28.21 X | |||
| Revenue | 3.88 M | |||
| Gross Profit | 8.5 M | |||
| EBITDA | (2.72 M) | |||
| Net Income | (3.48 M) | |||
| Cash and Equivalents | 35.72 M | |||
| Cash per Share | 0.08 X | |||
| Total Debt | 545.1 K | |||
| Debt to Equity | 0.002 % | |||
| Current Ratio | 124.55 X | |||
| Book Value Per Share | 0.51 X | |||
| Cash Flow from Operations | 637.7 K | |||
| Earnings Per Share | 0.15 X | |||
| Number of Employees | 13 | |||
| Beta | 2.0 | |||
| Market Capitalization | 245.32 M | |||
| Total Asset | 232.57 M | |||
| Annual Yield | 0.0245 % | |||
| Net Asset | 232.57 M | |||
| Last Dividend Paid | 0.013 |
About Queens Road Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Queens Road Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Queens Road using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Queens Road Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Queens Road Capital Investment Ltd., a resource focused investment company, invests in privately held and publicly traded resource companies. Queens Road Capital Investment Ltd. was incorporated in 2011 and is based in Central, Hong Kong. Lithion Energy is traded on OTC Exchange in the United States.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Queens Road without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Instant Ratings Now
Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
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 Pink Sheet
| - | 0.68 | PGC | Plato Gold Corp | PairCorr | ||
| - | 0.47 | PFE | Pfizer Inc | Fiscal Quarter End 30th of September 2023 | PairCorr |
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 equities. 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.Check out Queens Road Piotroski F Score and Queens Road Altman Z Score analysis. Note that the Queens Road Capital information on this page should be used as a complementary analysis to other Queens Road's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Queens Pink Sheet analysis
When running Queens Road's price analysis, check to measure Queens Road's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Queens Road is operating at the current time. Most of Queens Road's value examination focuses on studying past and present price action to predict the probability of Queens Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Queens Road's price. Additionally, you may evaluate how the addition of Queens Road to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |