Queen's Road Capital Investment (Queen's Road Capital Investment) Total Current Assets : $7.42 Mil (As of Feb. 2024)

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What is Queen's Road Capital Investment Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Queen's Road Capital Investment's total current assets for the quarter that ended in Feb. 2024 was $7.42 Mil.

Queen's Road Capital Investment Total Current Assets Historical Data

The historical data trend for Queen's Road Capital Investment's Total Current Assets 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.

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Queen's Road Capital Investment Total Current Assets Chart

Queen's Road Capital Investment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Current Assets

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1.53

25.39

2.83

35.34

16.35

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
Total Current Assets	Get a 7-Day Free Trial															13.16	14.54	16.35	10.93	7.42

Queen's Road Capital Investment Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Queen's Road Capital Investment's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	14.745	+	1.485	+	0	+	0.116
	=	16.35

Queen's Road Capital Investment's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.31	+	1.927	+	0	+	0.18
	=	7.42

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Queen's Road Capital Investment (OTCPK:BRSGF) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Queen's Road Capital Investment's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.31	-	23.399	+	0.75 * 1.927	+	0.5 * 0
=	-16.64

Queen's Road Capital Investment Total Current Assets Related Terms

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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 » Total Current Assets

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.

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