Quarterhill Financial Statements From 2010 to 2024

QTRH Stock  CAD 1.65  0.02  1.20%   
Quarterhill financial statements provide useful quarterly and yearly information to potential Quarterhill investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Quarterhill financial statements helps investors assess Quarterhill's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Quarterhill's valuation are summarized below:
Gross Profit
37.4 M
Profit Margin
(0.16)
Market Capitalization
193.2 M
Enterprise Value Revenue
1.1086
Revenue
157.2 M
We have found one hundred twenty available trending fundamental ratios for Quarterhill, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Quarterhill's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 1st of December 2024, Market Cap is likely to drop to about 216.5 M. In addition to that, Enterprise Value is likely to drop to about 232.1 M

Quarterhill Total Revenue

204.03 Million

Check Quarterhill financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quarterhill's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.3 M, Interest Expense of 5.1 M or Selling General Administrative of 24.1 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0122 or PTB Ratio of 1.12. Quarterhill financial statements analysis is a perfect complement when working with Quarterhill Valuation or Volatility modules.
  
This module can also supplement various Quarterhill Technical models . Check out the analysis of Quarterhill Correlation against competitors.

Quarterhill Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets269.8 M332.1 M348.2 M
Very volatile
Short and Long Term Debt Total90.9 M86.5 M53.9 M
Very volatile
Other Current Liabilities17.6 M8.8 M23 M
Pretty Stable
Total Current Liabilities38.8 M54.2 M54.7 M
Pretty Stable
Total Stockholder Equity206.5 M190.1 M259.8 M
Very volatile
Property Plant And Equipment Net13.1 M12.5 M6.1 M
Slightly volatile
Accounts Payable33 M31.4 M10.6 M
Slightly volatile
Cash91.8 M56.6 M125 M
Slightly volatile
Non Current Assets Total142.9 M173.3 M183.3 M
Slightly volatile
Non Currrent Assets Other7.4 MM2.5 M
Slightly volatile
Cash And Short Term Investments97.5 M56.6 M127 M
Slightly volatile
Net Receivables85.6 M81.5 M31.4 M
Slightly volatile
Common Stock Shares Outstanding93.2 M114.8 M110.2 M
Pretty Stable
Liabilities And Stockholders Equity269.8 M332.1 M348.2 M
Very volatile
Non Current Liabilities Total92.3 M87.9 M38.2 M
Slightly volatile
Other Current Assets3.4 M6.4 M3.4 M
Slightly volatile
Other Stockholder Equity180.4 M171.8 M63.5 M
Slightly volatile
Total Liabilities149.1 M142 M94.2 M
Pretty Stable
Property Plant And Equipment Gross29.7 M28.3 M9.8 M
Slightly volatile
Total Current Assets126.9 M158.8 M164.9 M
Pretty Stable
Accumulated Other Comprehensive Income8.9 M14.4 M15.1 M
Pretty Stable
Intangible Assets111.1 M104.8 M127.8 M
Very volatile
Good Will27.8 M38.5 M27.8 M
Slightly volatile
Short Term InvestmentsM5.8 M6.6 M
Slightly volatile
Common Stock Total Equity518.5 M629.7 M509.6 M
Slightly volatile
Common Stock526.1 M427.2 M496.3 M
Slightly volatile
Other Liabilities23.5 M22.4 M9.6 M
Slightly volatile
Net Tangible Assets40.1 M42.2 M88.3 M
Pretty Stable
Short and Long Term Debt2.7 M2.8 M19.9 M
Slightly volatile
Property Plant Equipment20.8 M19.8 MM
Slightly volatile
Long Term Investments5.7 M10.5 M4.2 M
Slightly volatile
Long Term Debt Total70.1 M66.7 M32.4 M
Slightly volatile
Capital Surpluse39.4 M58.6 M32.9 M
Slightly volatile
Non Current Liabilities Other6.8 M6.5 M3.2 M
Slightly volatile
Cash And Equivalents78 M59.7 M109.2 M
Slightly volatile
Deferred Long Term Liabilities1.3 M1.4 MM
Slightly volatile
Net Invested Capital241.4 M266.4 M308.7 M
Slightly volatile
Net Working Capital85.1 M104.6 M103.9 M
Very volatile
Capital Stock424.5 M427.2 M545 M
Slightly volatile

Quarterhill Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization20.3 M15.8 M27.4 M
Pretty Stable
Interest Expense5.1 M6.8 M3.8 M
Pretty Stable
Selling General Administrative24.1 M26.4 M26 M
Pretty Stable
Total Revenue204 M194.3 M141.2 M
Slightly volatile
Gross Profit40.8 M40.6 M51.3 M
Slightly volatile
Other Operating Expenses229.4 M218.4 M137.3 M
Slightly volatile
Cost Of Revenue161.4 M153.7 M89.8 M
Slightly volatile
Total Operating Expenses41.3 M64.7 M45.8 M
Slightly volatile
Selling And Marketing Expenses24.1 M23 M13.7 M
Slightly volatile
Non Recurring3.9 M4.7 M3.7 M
Slightly volatile
Interest Income1.5 MM1.1 M
Slightly volatile
Discontinued Operations17.2 M16.4 M6.1 M
Slightly volatile
Reconciled Depreciation21 M11.9 M28.9 M
Slightly volatile

Quarterhill Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation21.1 M15.8 M28.6 M
Very volatile
Capital Expenditures2.1 M2.2 M13.6 M
Slightly volatile
End Period Cash Flow92.2 M56.6 M125.1 M
Slightly volatile
Stock Based Compensation1.5 M1.7 M1.9 M
Slightly volatile
Dividends Paid2.7 M2.9 M9.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.091.15185.8003
Slightly volatile
Dividend Yield0.01220.01280.0318
Pretty Stable
PTB Ratio1.121.17763.9663
Slightly volatile
Days Sales Outstanding16115376.07
Slightly volatile
Book Value Per Share1.551.65592.1973
Very volatile
Average Payables8.2 M7.8 M6.8 M
Slightly volatile
Stock Based Compensation To Revenue0.00830.00870.0174
Slightly volatile
Capex To Depreciation0.130.14010.4343
Slightly volatile
PB Ratio1.121.17763.9663
Slightly volatile
EV To Sales1.241.30585.1606
Slightly volatile
Inventory Turnover11.3210.7829.4861
Slightly volatile
Payables Turnover4.654.897220.937
Pretty Stable
Sales General And Administrative To Revenue0.130.140.1231
Pretty Stable
Average Inventory8.3 M7.9 M4.2 M
Slightly volatile
Research And Ddevelopement To Revenue0.03630.03820.068
Slightly volatile
Capex To Revenue0.01080.01140.1186
Slightly volatile
Cash Per Share0.70.54371.0647
Slightly volatile
Days Payables Outstanding66.5674.53239.7092
Slightly volatile
Intangibles To Total Assets0.340.43140.4239
Very volatile
Current Ratio2.782.93143.8294
Slightly volatile
Tangible Book Value Per Share0.660.40780.9377
Slightly volatile
Receivables Turnover2.262.383216.4139
Slightly volatile
Graham Number3.374.02852.8265
Very volatile
Shareholders Equity Per Share1.541.65592.1966
Very volatile
Capex Per Share0.01830.01930.1151
Slightly volatile
Average Receivables25.9 M24.7 M22.4 M
Slightly volatile
Revenue Per Share1.781.6931.2203
Slightly volatile
Operating Cycle200187112
Pretty Stable
Price Book Value Ratio1.121.17763.9663
Slightly volatile
Days Of Payables Outstanding66.5674.53239.7092
Slightly volatile
Company Equity Multiplier1.581.74731.3667
Slightly volatile
Long Term Debt To Capitalization0.290.2790.1003
Slightly volatile
Quick Ratio2.532.66823.594
Pretty Stable
Net Income Per E B T1.021.48010.8245
Pretty Stable
Cash Ratio0.991.04542.6845
Slightly volatile
Days Of Sales Outstanding16115376.07
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.921.24350.8942
Pretty Stable
Price To Book Ratio1.121.17763.9663
Slightly volatile
Fixed Asset Turnover26.4515.562736.8951
Slightly volatile
Price Sales Ratio1.091.15185.8003
Slightly volatile
Asset Turnover0.470.58510.4201
Slightly volatile
Gross Profit Margin0.250.20890.3626
Pretty Stable
Price Fair Value1.121.17763.9663
Slightly volatile

Quarterhill Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap216.5 M223.8 M306.3 M
Slightly volatile
Enterprise Value232.1 M253.7 M234.2 M
Slightly volatile

Quarterhill Fundamental Market Drivers

Forward Price Earnings75.7576
Cash And Short Term Investments56.6 M

About Quarterhill Financial Statements

Quarterhill investors utilize fundamental indicators, such as revenue or net income, to predict how Quarterhill Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue7.7 M8.1 M
Total Revenue194.3 M204 M
Cost Of Revenue153.7 M161.4 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.14  0.13 
Research And Ddevelopement To Revenue 0.04  0.04 
Capex To Revenue 0.01  0.01 
Revenue Per Share 1.69  1.78 
Ebit Per Revenue(0.12)(0.13)

Pair Trading with Quarterhill

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

Moving against Quarterhill Stock

The ability to find closely correlated positions to Quarterhill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quarterhill 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 Quarterhill - 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 Quarterhill to buy it.
The correlation of Quarterhill 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 Quarterhill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quarterhill 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 Quarterhill 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

Other Information on Investing in Quarterhill Stock

Quarterhill financial ratios help investors to determine whether Quarterhill Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Quarterhill with respect to the benefits of owning Quarterhill security.