Queens Property Plant And Equipment Net vs Net Invested Capital Analysis

QRC Stock

7.10 0.10 1.43%

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 Property Plant And Equipment Net and its Net Invested Capital 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.

Property Plant And Equipment Net vs Net Invested Capital

Property Plant And Equipment Net vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Queens Road Capital Property Plant And Equipment Net account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Queens Road's Property Plant And Equipment Net and Net Invested Capital is -0.42. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Invested Capital 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 Property Plant And Equipment Net and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Queens Road Capital are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant And Equipment Net i.e., Queens Road's Property Plant And Equipment Net and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.

At this time, Queens Road's Tax Provision is very stable compared to the past year. As of the 31st of January 2025, Enterprise Value Over EBITDA is likely to grow to 119.28, while Selling General Administrative is likely to drop about 1.2 M.

	2022	2024	2025 (projected)
Cost Of Revenue	251.4K	2.2M	2.3M
Research Development	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		0.86	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

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Queens Road Account Relationship Matchups

Queens Road fundamental ratios 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

0.67	RY-PM	Royal Bank	Pair Corr
0.63	STC	Sangoma Technologies Corp Earnings Call This Week	Pair Corr
0.55	SPRX	Sparx Technology	Pair Corr
0.52	TD-PFD	Toronto Dominion Bank	Pair Corr
0.45	PPL-PA	Pembina Pipeline Corp	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

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 Property Plant And Equipment Net vs Net Invested Capital Analysis

Property Plant And Equipment Net vs Net Invested Capital

Property Plant And Equipment Net vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Net Invested Capital

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

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