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Queen's Road Capital Investment (Queen's Road Capital Investment) Debt-to-EBITDA : 0.32 (As of Feb. 2024)


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

Debt-to-EBITDA measures a company's ability to pay off its debt.

Queen's Road Capital Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $22.44 Mil. Queen's Road Capital Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.02 Mil. Queen's Road Capital Investment's annualized EBITDA for the quarter that ended in Feb. 2024 was $69.64 Mil. Queen's Road Capital Investment's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 0.32.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

BRSGF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.18   Med: -0.06   Max: 0.32
Current: 0.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Queen's Road Capital Investment was 0.32. The lowest was -0.18. And the median was -0.06.

BRSGF's Debt-to-EBITDA is ranked better than
71.62% of 370 companies
in the Asset Management industry
Industry Median: 1.22 vs BRSGF: 0.32

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

The historical data trend for Queen's Road Capital Investment's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

Queen's Road Capital Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.18 0.07

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
Debt-to-EBITDA 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 -0.01 -0.01 - - 0.32

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

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

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

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



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

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.19 + 0.126) / 4.675
=0.07

Queen's Road Capital Investment's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.44 + 0.018) / 69.636
=0.32

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Feb. 2024) EBITDA data.


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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


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

Thank you for viewing the detailed overview of Queen's Road Capital Investment's Debt-to-EBITDA 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

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.

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

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