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 -8.1% as of February 2026. Working capital of CA$-46.90 Million (current assets of CA$5.87 Million minus current liabilities of CA$52.77 Million) is measured against net assets of CA$581.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Queen's Road Capital Investment Ltd. to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Queen's Road Capital Investment Ltd. Working Capital to Net Assets (2011–2025)
This chart shows how Queen's Road Capital Investment Ltd.'s Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of February 2026, the ratio stands at -8.1%, reflecting working capital of CA$-46.90 Million against net assets of CA$581.47 Million CAD. See Queen's Road Capital Investment Ltd. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Queen's Road Capital Investment Ltd. (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Queen's Road Capital Investment Ltd. from 2011 to 2025, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see how much is Queen's Road Capital Investment Ltd. worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -6.2% | CA$-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 | — |