Darrin Andersen - QC Holdings CEO and Pres

QCCODelisted Stock  USD 0.60  0.00  0.00%   

CEO

Mr. Darrin J. Andersen is the President, Chief Executive Officer of QC Holdings, Inc., Effective August 1, 2012. He served as our president and chief operating officer from May 2004 until August 2012. Effective August 1, 2012, Mr. Andersen was named president and chief executive officer of the company. Mr. Andersen joined the company in February 1998 and served as chief financial officer from December 1999 until April 2004. Prior to joining the company, Mr. Andersen worked in the accounting department of Newell Rubbermaid, a manufacturing company listed on the New York Stock Exchange, and in the audit group of Deloitte Touche. Mr. Andersen is a past president of the Community Financial Services Association of America. Mr. Andersen is the son of Mary Lou Early. Mr. Andersen holds a degree in accounting from the University of Kansas, and is a certified public accountant. since 2012.
Age 54
Tenure 12 years
Phone866-660-2243
Webhttps://www.qchi.com

QC Holdings Management Efficiency

The company has return on total asset (ROA) of 0.0346 % which means that it generated a profit of $0.0346 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0993) %, meaning that it created substantial loss on money invested by shareholders. QC Holdings' management efficiency ratios could be used to measure how well QC Holdings manages its routine affairs as well as how well it operates its assets and liabilities.
QC Holdings currently holds 89.06 M in liabilities with Debt to Equity (D/E) ratio of 2.74, implying the company greatly relies on financing operations through barrowing. QC Holdings has a current ratio of 3.81, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist QC Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, QC Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like QC Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for QCCO to invest in growth at high rates of return. When we think about QC Holdings' use of debt, we should always consider it together with cash and equity.

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QC Holdings, Inc. provide various financial services for consumers and small businesses in the United States and Canada. QC Holdings, Inc. was founded in 1984 and is headquartered in Lenexa, Kansas. QC Holdings is traded on OTC Exchange in the United States. QC Holdings [QCCO] is a Pink Sheet which is traded between brokers as part of OTC trading. QC Holdings is listed under Banking category by Fama And French industry classification.

Management Performance

QC Holdings Leadership Team

Elected by the shareholders, the QC Holdings' board of directors comprises two types of representatives: QC Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of QCCO. The board's role is to monitor QC Holdings' management team and ensure that shareholders' interests are well served. QC Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, QC Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Josh Ditmore, Chief Officer
Jevan Taylor, Chief Officer
Kevin Biehle, Chief Officer
Don Early, Founder, Chairman and Chairman of Executive Committee
Darrin Andersen, CEO and Pres
John Kinney, Director Devel
Douglas CPA, Chief Officer
Mary AndersenEarly, Vice Sec
Cathy Tharp, Treasurer Officer
Cala Poltera, Chief Officer

QCCO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is QC Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with QC Holdings

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 QC Holdings 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 QC Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against QCCO Pink Sheet

  0.34XYF X Financial Class Normal TradingPairCorr
  0.33LX Lexinfintech Holdings TrendingPairCorr
The ability to find closely correlated positions to QC Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QC Holdings 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 QC Holdings - 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 QC Holdings to buy it.
The correlation of QC Holdings 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 QC Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QC Holdings 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 QC Holdings 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 CorrelationCorrelation Matching
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in QCCO Pink Sheet

If you are still planning to invest in QC Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the QC Holdings' history and understand the potential risks before investing.
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