Queens Price To Sales Ratio vs Free Cash Flow Yield Analysis

QRC Stock

0.77 0.01 1.28%

Queens Road financial indicator trend analysis is much more than just breaking down Queens Road Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Queens Road Capital is a good investment. Please check the relationship between Queens Road Price To Sales Ratio and its Free Cash Flow Yield accounts. 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.

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Queens Road Capital Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Queens Road's Price To Sales Ratio and Free Cash Flow Yield is 0.39. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Queens Road Capital, assuming nothing else is changed. The correlation between historical values of Queens Road's Price To Sales Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Queens Road Capital are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Queens Road's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Queens Road Capital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Queens Road sales, a figure that is much harder to manipulate than other Queens Road Capital multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Queens Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

As of the 23rd of November 2024, Enterprise Value is likely to grow to about 208.2 M, while Selling General Administrative is likely to drop about 3.3 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	98.9K	251.4K	226.2K	292.7K
Research Development	104.4K	430.2K	494.8K	519.5K

Cost Of Revenue Research Development

Queens Road fundamental ratios 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		0.84	0.66	1.0	-0.4	-0.66	0.93	-0.37	0.74	1.0	-0.75	0.74	0.96	0.99	0.7	-0.79	0.72	0.77	0.99	-0.98	0.37	-0.54	-0.78	0.95	0.95	0.89
Other Current Liab	0.84		0.93	0.84	-0.23	-0.62	0.7	0.02	0.7	0.83	-0.47	0.7	0.83	0.82	0.51	-0.48	0.95	0.72	0.86	-0.8	-0.03	-0.15	-0.59	0.81	0.78	0.84
Total Current Liabilities	0.66	0.93		0.66	-0.24	-0.44	0.54	0.37	0.51	0.66	-0.27	0.51	0.67	0.65	0.38	-0.32	0.99	0.54	0.68	-0.63	-0.24	0.06	-0.42	0.66	0.64	0.71
Total Stockholder Equity	1.0	0.84	0.66		-0.4	-0.66	0.93	-0.37	0.74	1.0	-0.75	0.74	0.96	0.99	0.7	-0.79	0.72	0.77	0.99	-0.98	0.37	-0.55	-0.78	0.95	0.95	0.89
Property Plant And Equipment Net	-0.4	-0.23	-0.24	-0.4		0.29	-0.24	0.01	-0.32	-0.39	0.58	-0.32	-0.39	-0.47	-0.42	0.25	-0.27	-0.33	-0.44	0.46	-0.71	0.73	0.49	-0.4	-0.41	-0.35
Net Debt	-0.66	-0.62	-0.44	-0.66	0.29		-0.5	0.34	-0.99	-0.6	0.65	-0.99	-0.49	-0.61	-0.18	0.24	-0.52	-0.98	-0.7	0.71	-0.43	0.35	0.55	-0.6	-0.56	-0.62
Retained Earnings	0.93	0.7	0.54	0.93	-0.24	-0.5		-0.36	0.57	0.94	-0.67	0.57	0.87	0.9	0.6	-0.85	0.59	0.6	0.88	-0.92	0.28	-0.44	-0.69	0.9	0.92	0.78
Accounts Payable	-0.37	0.02	0.37	-0.37	0.01	0.34	-0.36		-0.35	-0.36	0.48	-0.35	-0.32	-0.36	-0.36	0.39	0.29	-0.36	-0.36	0.36	-0.64	0.64	0.41	-0.31	-0.31	-0.26
Cash	0.74	0.7	0.51	0.74	-0.32	-0.99	0.57	-0.35		0.69	-0.68	1.0	0.59	0.69	0.29	-0.31	0.59	1.0	0.78	-0.76	0.43	-0.39	-0.6	0.67	0.63	0.69
Non Current Assets Total	1.0	0.83	0.66	1.0	-0.39	-0.6	0.94	-0.36	0.69		-0.73	0.69	0.97	0.99	0.72	-0.81	0.71	0.72	0.98	-0.98	0.36	-0.54	-0.77	0.95	0.96	0.88
Other Assets	-0.75	-0.47	-0.27	-0.75	0.58	0.65	-0.67	0.48	-0.68	-0.73		-0.68	-0.67	-0.76	-0.41	0.67	-0.33	-0.7	-0.75	0.79	-0.67	0.69	0.53	-0.68	-0.69	-0.59
Cash And Short Term Investments	0.74	0.7	0.51	0.74	-0.32	-0.99	0.57	-0.35	1.0	0.69	-0.68		0.59	0.69	0.29	-0.31	0.59	1.0	0.78	-0.76	0.43	-0.39	-0.6	0.67	0.63	0.69
Net Receivables	0.96	0.83	0.67	0.96	-0.39	-0.49	0.87	-0.32	0.59	0.97	-0.67	0.59		0.98	0.81	-0.82	0.7	0.63	0.96	-0.92	0.29	-0.54	-0.74	0.91	0.92	0.87
Common Stock Shares Outstanding	0.99	0.82	0.65	0.99	-0.47	-0.61	0.9	-0.36	0.69	0.99	-0.76	0.69	0.98		0.76	-0.8	0.7	0.73	0.99	-0.97	0.41	-0.6	-0.78	0.94	0.94	0.88
Other Current Assets	0.7	0.51	0.38	0.7	-0.42	-0.18	0.6	-0.36	0.29	0.72	-0.41	0.29	0.81	0.76		-0.71	0.39	0.32	0.71	-0.65	0.37	-0.62	-0.82	0.66	0.68	0.64
Other Stockholder Equity	-0.79	-0.48	-0.32	-0.79	0.25	0.24	-0.85	0.39	-0.31	-0.81	0.67	-0.31	-0.82	-0.8	-0.71		-0.34	-0.35	-0.73	0.77	-0.28	0.46	0.59	-0.73	-0.78	-0.59
Total Liab	0.72	0.95	0.99	0.72	-0.27	-0.52	0.59	0.29	0.59	0.71	-0.33	0.59	0.7	0.7	0.39	-0.34		0.61	0.74	-0.69	-0.16	-0.01	-0.49	0.72	0.69	0.77
Total Current Assets	0.77	0.72	0.54	0.77	-0.33	-0.98	0.6	-0.36	1.0	0.72	-0.7	1.0	0.63	0.73	0.32	-0.35	0.61		0.81	-0.79	0.43	-0.41	-0.62	0.7	0.66	0.72
Common Stock	0.99	0.86	0.68	0.99	-0.44	-0.7	0.88	-0.36	0.78	0.98	-0.75	0.78	0.96	0.99	0.71	-0.73	0.74	0.81		-0.97	0.39	-0.56	-0.79	0.94	0.93	0.9
Non Currrent Assets Other	-0.98	-0.8	-0.63	-0.98	0.46	0.71	-0.92	0.36	-0.76	-0.98	0.79	-0.76	-0.92	-0.97	-0.65	0.77	-0.69	-0.79	-0.97		-0.44	0.58	0.8	-0.96	-0.96	-0.89
Short Long Term Debt Total	0.37	-0.03	-0.24	0.37	-0.71	-0.43	0.28	-0.64	0.43	0.36	-0.67	0.43	0.29	0.41	0.37	-0.28	-0.16	0.43	0.39	-0.44		-0.93	-0.53	0.35	0.36	0.27
Non Current Liabilities Total	-0.54	-0.15	0.06	-0.55	0.73	0.35	-0.44	0.64	-0.39	-0.54	0.69	-0.39	-0.54	-0.6	-0.62	0.46	-0.01	-0.41	-0.56	0.58	-0.93		0.67	-0.53	-0.54	-0.47
Inventory	-0.78	-0.59	-0.42	-0.78	0.49	0.55	-0.69	0.41	-0.6	-0.77	0.53	-0.6	-0.74	-0.78	-0.82	0.59	-0.49	-0.62	-0.79	0.8	-0.53	0.67		-0.8	-0.79	-0.77
Net Invested Capital	0.95	0.81	0.66	0.95	-0.4	-0.6	0.9	-0.31	0.67	0.95	-0.68	0.67	0.91	0.94	0.66	-0.73	0.72	0.7	0.94	-0.96	0.35	-0.53	-0.8		1.0	0.97
Long Term Investments	0.95	0.78	0.64	0.95	-0.41	-0.56	0.92	-0.31	0.63	0.96	-0.69	0.63	0.92	0.94	0.68	-0.78	0.69	0.66	0.93	-0.96	0.36	-0.54	-0.79	1.0		0.95
Capital Stock	0.89	0.84	0.71	0.89	-0.35	-0.62	0.78	-0.26	0.69	0.88	-0.59	0.69	0.87	0.88	0.64	-0.59	0.77	0.72	0.9	-0.89	0.27	-0.47	-0.77	0.97	0.95

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Queens Road Account Relationship Matchups

Queens Road fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	79.8M	149.2M	232.6M	237.2M	272.8M	286.5M
Other Current Liab	464.0K	169.4K	968.7K	937.5K	1.1M	1.1M
Total Current Liabilities	473.8K	172.7K	1.2M	1.2M	1.3M	1.4M
Total Stockholder Equity	79.3M	149.1M	231.1M	235.9M	271.3M	284.9M
Net Debt	(25.0M)	(2.2M)	(34.0M)	(14.4M)	(13.0M)	(12.3M)
Retained Earnings	(16.5M)	50.5M	43.6M	41.5M	47.7M	50.1M
Accounts Payable	9.8K	3.3K	31.4K	39.1K	35.2K	33.5K
Cash	25.0M	2.2M	34.5M	14.7M	17.0M	17.8M
Non Current Assets Total	54.5M	146.4M	197.2M	220.9M	254.0M	266.7M
Cash And Short Term Investments	25.0M	2.2M	34.5M	14.7M	17.0M	17.8M
Net Receivables	293.1K	621.5K	721.0K	1.5M	1.7M	1.8M
Common Stock Shares Outstanding	172.3M	288.4M	388.8M	488.3M	561.5M	589.6M
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	473.8K	172.7K	1.5M	1.3M	1.5M	1.6M
Total Current Assets	25.3M	2.8M	35.3M	16.3M	18.8M	19.7M
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	619.2K	218.2K	315.8K	126.0K	113.4K	107.7K
Inventory	(3.9K)	(391.2K)	(797.0K)	(2.0M)	(1.8M)	(1.8M)

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.

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

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.

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Queens Price To Sales Ratio vs Free Cash Flow Yield Analysis

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Free Cash Flow Yield

Queens Road fundamental ratios Correlations

Queens Road Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Queens Road fundamental ratios Accounts

Pair Trading with Queens Road

Other Information on Investing in Queens Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Non Currrent Assets Other	- 0.98	Non Current Assets Total
Total Current Assets	- 0.98	Net Debt
Non Currrent Assets Other	- 0.98	Total Stockholder Equity
Non Currrent Assets Other	- 0.98	Total Assets