Richard Shorkey - Quarterhill Independent Director

QTRH Stock  CAD 1.67  0.08  4.57%   

Director

Mr. Richard J. Shorkey is Independent Director of the Company. Mr. Shorkey is a Chartered Professional Accountant and Chartered Accountant in the Province of Ontario, Canada who has provided parttime and interim chief financial officer services to several technology companies since September 2002. Mr. Shorkey has more than 40 years of industry experience holding senior financial and general management roles in a number of public and private companies, all of which experience he brings to Quarterhill as Chair of the Boards Audit Committee since 2007.
Age 71
Tenure 17 years
Professional MarksCPA
Address North Tower, Toronto, ON, Canada, M5J 2J2
Phone416 247 9652
Webhttps://www.quarterhill.com
Shorkey is a member of the Chartered Professional Accountants of Ontario and of CPA Canada.

Quarterhill Management Efficiency

The company has return on total asset (ROA) of (0.0337) % which means that it has lost $0.0337 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1585) %, meaning that it generated substantial loss on money invested by shareholders. Quarterhill's management efficiency ratios could be used to measure how well Quarterhill manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to -0.28. In addition to that, Return On Capital Employed is likely to drop to -0.09. At this time, Quarterhill's Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Intangible Assets is likely to grow to about 111.1 M, while Total Assets are likely to drop about 269.8 M.
Quarterhill has accumulated 86.54 M in total debt with debt to equity ratio (D/E) of 0.37, which is about average as compared to similar companies. Quarterhill has a current ratio of 3.0, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Quarterhill until it has trouble settling it off, either with new capital or with free cash flow. So, Quarterhill's 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 Quarterhill sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quarterhill to invest in growth at high rates of return. When we think about Quarterhill's use of debt, we should always consider it together with cash and equity.

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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. Quarterhill (QTRH) is traded on Toronto Exchange in Canada and employs 449 people. Quarterhill is listed under Communications Equipment category by Fama And French industry classification.

Management Performance

Quarterhill Leadership Team

Elected by the shareholders, the Quarterhill's board of directors comprises two types of representatives: Quarterhill inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quarterhill. The board's role is to monitor Quarterhill's management team and ensure that shareholders' interests are well served. Quarterhill's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Quarterhill's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Rim, Chief Financial Officer
Donna Bergan, Vice Marketing
John Vujicic, VIZIYA Chief Executive Officer
Paul Hill, President, Chief Executive Officer
Bret Kidd, CEO Pres
James Childress, Chief Officer
Kyle Chriest, Chief Officer
Andrew Parolin, CEO WiLAN
Roxanne Anderson, Independent Director
Paul Sunderland, Interim VIZIYA
Ronald Laurie, Independent Director
David Sparks, Executive Strategy
Charles Myers, CEO Director
Ian McKinnon, Independent Director
Rish Malhotra, CEO Dynamics
Prashant Watchmaker, Senior Vice President General Counsel
David Cortens, Interim Chief Financial Officer
John Karnes, Chief Officer
Russ Stuebing, Senior Vice-President Corporate Development
W McCarten, Independent Director
Kevin Holbert, President Tolling
Paul Richman, Advisor Directors
Ana Guerra, Vice Culture
James Skippen, President CEO, Chief Legal Officer, Director
Richard Shorkey, Independent Director
Randy Hanson, International Road Dynamics Chief Executive Officer
Michael Vladescu, Chief Executive Officer - New WiLAN
John Gillberry, Independent Chairman of the Board

Quarterhill Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Quarterhill 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 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.