Queen's Road Capital Investment (Queen's Road Capital Investment) Cash-to-Debt : 0.24 (As of Feb. 2024)

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What is Queen's Road Capital Investment Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Queen's Road Capital Investment's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.24.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Queen's Road Capital Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

The historical rank and industry rank for Queen's Road Capital Investment's Cash-to-Debt or its related term are showing as below:

BRSGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: No Debt Max: No Debt
Current: 0.24

During the past 13 years, Queen's Road Capital Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.21. And the median was No Debt.

BRSGF's Cash-to-Debt is ranked worse than
74.97% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs BRSGF: 0.24

Queen's Road Capital Investment Cash-to-Debt Historical Data

The historical data trend for Queen's Road Capital Investment's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Queen's Road Capital Investment Cash-to-Debt Chart

Queen's Road Capital Investment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

69.44

46.66

Queen's Road Capital Investment Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															29.50	35.11	46.66	31.94	0.24

Competitive Comparison of Queen's Road Capital Investment's Cash-to-Debt

For the Asset Management subindustry, Queen's Road Capital Investment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Queen's Road Capital Investment's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Queen's Road Capital Investment's Cash-to-Debt falls into.

Queen's Road Capital Investment Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Queen's Road Capital Investment's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	14.745	/	(0.19	+	0.126)
	=	46.66

Queen's Road Capital Investment's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.31	/	(22.44	+	0.018)
	=	0.24

Queen's Road Capital Investment (OTCPK:BRSGF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Queen's Road Capital Investment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Queen's Road Capital Investment's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Queen's Road Capital Investment (Queen's Road Capital Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Queen's Road Capital Investment Ltd (OTCPK:BRSGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

47U:Germany QRC:Canada

Address

2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG

Website

https://www.queensrdcapital.com

Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.

Queen's Road Capital Investment (Queen's Road Capital Investment) Headlines

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