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Queen's Road Capital Investment (TSX:QRC) Equity-to-Asset : 0.92 (As of Feb. 2024)


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What is Queen's Road Capital Investment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Queen's Road Capital Investment's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$378.52 Mil. Queen's Road Capital Investment's Total Assets for the quarter that ended in Feb. 2024 was C$410.11 Mil. Therefore, Queen's Road Capital Investment's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.92.

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

TSX:QRC' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.34   Med: 0.99   Max: 1
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Queen's Road Capital Investment was 1.00. The lowest was -3.34. And the median was 0.99.

TSX:QRC's Equity-to-Asset is ranked better than
65.74% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:QRC: 0.92

Queen's Road Capital Investment Equity-to-Asset Historical Data

The historical data trend for Queen's Road Capital Investment's Equity-to-Asset 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.

* Premium members only.

Queen's Road Capital Investment Equity-to-Asset Chart

Queen's Road Capital Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 1.00 0.99 1.00

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
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 0.92

Competitive Comparison of Queen's Road Capital Investment's Equity-to-Asset

For the Asset Management subindustry, Queen's Road Capital Investment's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Asset Management Industry

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

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



Queen's Road Capital Investment Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=318.011/319.753
=0.99

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

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=378.522/410.112
=0.92

* 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.


Queen's Road Capital Investment  (TSX:QRC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Queen's Road Capital Investment Equity-to-Asset Related Terms

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


Queen's Road Capital Investment (TSX:QRC) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG
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.
Executives
John James Cowin 10% Security Holder

Queen's Road Capital Investment (TSX:QRC) Headlines

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