Queen's Road Capital Investment Ltd. (QRC) — Working Capital to Net Assets Ratio
Queen's Road Capital Investment Ltd. (QRC) has a Working Capital to Net Assets ratio of -5.9% as of November 2025. Working capital of CA$-26.19 Million (current assets of CA$13.73 Million minus current liabilities of CA$39.92 Million) is measured against net assets of CA$445.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Queen's Road Capital Investment Ltd. balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Queen's Road Capital Investment Ltd. Working Capital to Net Assets (2011–2025)
This chart shows how Queen's Road Capital Investment Ltd.'s Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of November 2025, the ratio stands at -5.9%, reflecting working capital of CA$-26.19 Million against net assets of CA$445.28 Million CAD. Check QRC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Queen's Road Capital Investment Ltd. (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Queen's Road Capital Investment Ltd. from 2011 to 2025, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Queen's Road Capital Investment Ltd. (QRC) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -6.2% | CA$-23.52 Million | CA$378.91 Million | CA$6.90 Million | CA$30.42 Million | ▲ +5.6 pp |
| 2024 | -11.8% | CA$-29.44 Million | CA$250.00 Million | CA$3.42 Million | CA$32.86 Million | ▼ -18.2 pp |
| 2023 | 6.4% | CA$15.18 Million | CA$235.95 Million | CA$16.35 Million | CA$1.17 Million | ▼ -8.3 pp |
| 2022 | 14.8% | CA$34.16 Million | CA$231.08 Million | CA$35.34 Million | CA$1.18 Million | ▲ +13.0 pp |
| 2021 | 1.8% | CA$2.66 Million | CA$149.05 Million | CA$2.83 Million | CA$172.71K | ▼ -29.5 pp |
| 2020 | 31.3% | CA$24.92 Million | CA$79.58 Million | CA$25.39 Million | CA$475.23K | ▼ -68.7 pp |
| 2019 | 100.0% | CA$1.51 Million | CA$1.51 Million | CA$1.53 Million | CA$11.85K | ▲ +46.6 pp |
| 2018 | 53.4% | CA$865.87K | CA$1.62 Million | CA$879.68K | CA$13.81K | ▼ -16.9 pp |
| 2017 | 70.3% | CA$1.26 Million | CA$1.79 Million | CA$1.27 Million | CA$14.31K | ▼ -47.9 pp |
| 2016 | 118.1% | CA$-1.10 Million | CA$-934.69K | CA$208.52K | CA$1.31 Million | ▼ -128.3 pp |
| 2015 | 246.4% | CA$-884.34K | CA$-358.87K | CA$41.84K | CA$926.18K | ▲ +243.7 pp |
| 2014 | 2.7% | CA$439.74K | CA$16.41 Million | CA$813.70K | CA$373.96K | ▼ -14.6 pp |
| 2013 | 17.3% | CA$3.17 Million | CA$18.34 Million | CA$3.60 Million | CA$431.04K | ▼ -10.3 pp |
| 2012 | 27.6% | CA$6.06 Million | CA$21.96 Million | CA$6.48 Million | CA$423.24K | ▲ +25.4 pp |
| 2011 | 2.1% | CA$292.33K | CA$13.61 Million | CA$882.70K | CA$590.37K | — |