Quarterhill Financials

QTRH Stock  CAD 1.67  0.08  4.57%   
We recommend to use analysis of Quarterhill fundamentals to see if markets are presently mispricing the firm. We were able to break down and interpolate data for thirty-eight available financial ratios for Quarterhill, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Quarterhill to be traded at C$1.5865 in 90 days. Key indicators impacting Quarterhill's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.782.9314
Notably Down
Slightly volatile
  
Understanding current and past Quarterhill Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Quarterhill's financial statements are interrelated, with each one affecting the others. For example, an increase in Quarterhill's assets may result in an increase in income on the income statement.

Quarterhill Stock Summary

Quarterhill competes with Mene, Africa Oil, Financial, Rubicon Organics, and Amazon CDR. Quarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries worldwide. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada. QUARTERHILL INC operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. It employs 562 people.
Foreign Associate
  USA
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA7477131055
Business AddressNorth Tower, Toronto,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.quarterhill.com
Phone416 247 9652
CurrencyCAD - Canadian Dollar
You should never invest in Quarterhill without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Quarterhill Stock, because this is throwing your money away. Analyzing the key information contained in Quarterhill's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Quarterhill Key Financial Ratios

Quarterhill's financial ratios allow both analysts and investors to convert raw data from Quarterhill's financial statements into concise, actionable information that can be used to evaluate the performance of Quarterhill over time and compare it to other companies across industries.

Quarterhill Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets325.4M303.8M427.2M411.9M332.1M269.8M
Other Current Liab43.1M10.0M16.6M25.7M8.8M17.6M
Net Debt(79.1M)(131.9M)45.2M23.6M29.9M31.4M
Retained Earnings(323.2M)(325.4M)(353.3M)(356.2M)(423.3M)(402.1M)
Accounts Payable4.5M10.0M25.4M21.4M31.4M33.0M
Cash88.1M135.7M70.7M66.4M56.6M91.8M
Net Receivables52.1M27.3M66.1M64.7M81.5M85.6M
Inventory8.6M9.1M13.7M13.7M14.3M15.0M
Other Current Assets108.4K8.5M8.7M13.7M6.4M3.4M
Total Liab48.4M31.9M186.1M154.3M142.0M149.1M
Total Current Assets152.7M186.1M161.1M160.0M158.8M126.9M
Short Term Debt5.1M(4.4M)5.3M31.9M5.4M5.1M
Intangible Assets89.7M59.3M151.4M141.3M104.8M111.1M
Good Will33.1M16.1M53.1M56.4M38.5M27.8M
Common Stock547.5M547.5M544.3M546.5M427.2M526.1M
Other Liab5.8M4.8M2.7M19.5M22.4M23.5M
Net Tangible Assets92.1M152.7M196.6M36.7M42.2M40.1M
Other Assets36.6M29.0M40.8M28.7M33.0M20.2M
Long Term Debt272.4K0.0104.9M48.4M73.5M77.2M
Short Long Term Debt3.9M4.1M3.2M29.3M2.8M2.7M
Long Term Debt Total3.8M2.7M110.6M58.0M66.7M70.1M
Capital Surpluse30.8M46.3M49.9M51.0M58.6M39.4M

Quarterhill Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense514.7K459K2.3M10.0M6.8M5.1M
Total Revenue191.7M144.5M125.7M305.7M194.3M204.0M
Gross Profit95.2M58.9M37.4M117.5M40.6M40.8M
Operating Income19.7M9.9M(19.5M)42.0M(24.1M)(22.9M)
Ebit21.1M9.7M(19.5M)(31.9M)(24.7M)(23.5M)
Research Development6.7M2.3M2.4M2.5M4.3M4.2M
Ebitda47.0M30.5M3.9M(15.7M)(8.9M)(8.5M)
Cost Of Revenue96.4M85.7M88.3M188.2M153.7M161.4M
Income Before Tax21.3M9.3M(26.7M)13.8M(33.8M)(32.1M)
Net Income13.8M4.4M(22.2M)2.8M(50.0M)(47.5M)
Income Tax Expense7.6M4.8M(4.5M)11.1M10.0M10.5M
Tax Provision7.6M4.8M(4.5M)11.1M7.6M7.9M
Interest Income780.5K202K948K6.3M1.0M1.5M
Net Interest Income1.1M114K(2.2M)(8.9M)(5.8M)(5.5M)

Quarterhill Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash4.6M47.8M(65.0M)(4.4M)(9.7M)(9.2M)
Free Cash Flow6.5M32.6M(19.9M)30.9M(34.3M)(32.6M)
Depreciation28.4M20.8M23.4M29.6M15.8M21.1M
Other Non Cash Items(4.4M)(1.3M)(3.3M)(8.7M)6.6M6.9M
Capital Expenditures3.3M2.6M6.6M8.7M2.2M2.1M
Net Income13.8M4.4M(22.2M)2.8M(43.8M)(41.6M)
End Period Cash Flow88.1M135.7M70.7M66.4M56.6M92.2M
Change To Inventory(828.2K)(829K)(5.2M)60K(2.1M)(2.0M)
Dividends Paid5.9M4.4M5.6M5.7M2.9M2.7M
Investments91.4K41.4M4M(10.3M)21.6M22.7M
Change To Netincome4.4M2.7M(11.7M)(7.2M)(6.4M)(6.1M)
Net Borrowings(1.0M)(1.1M)(5.3M)115.5M132.8M139.5M

Quarterhill Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Quarterhill's current stock value. Our valuation model uses many indicators to compare Quarterhill value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quarterhill competition to find correlations between indicators driving Quarterhill's intrinsic value. More Info.
Quarterhill is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Quarterhill's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Quarterhill by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Quarterhill's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Quarterhill Systematic Risk

Quarterhill's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Quarterhill volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Quarterhill correlated with the market. If Beta is less than 0 Quarterhill generally moves in the opposite direction as compared to the market. If Quarterhill Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Quarterhill is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Quarterhill is generally in the same direction as the market. If Beta > 1 Quarterhill moves generally in the same direction as, but more than the movement of the benchmark.

Quarterhill Total Assets Over Time

Today, most investors in Quarterhill Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Quarterhill's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Quarterhill growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.002217

At this time, Quarterhill's Price Earnings To Growth Ratio is very stable compared to the past year.

Quarterhill November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Quarterhill help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Quarterhill. We use our internally-developed statistical techniques to arrive at the intrinsic value of Quarterhill based on widely used predictive technical indicators. In general, we focus on analyzing Quarterhill Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Quarterhill's daily price indicators and compare them against related drivers.

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.