Quarterhill Inc
Quarterhill Inc., together with its subsidiaries, operates in the intelligent transportation systems business in Canada and internationally. The company offers mobility solutions, such as all-electronic tolling (AET), dynamic pricing, agency interoperability, and hosted mobility solutions and machine learning through riteSuite, as well as provides maintenance services and related operations, and … Read more
Quarterhill Inc (QTRHF) - Net Assets
Latest net assets as of September 2025: $115.66 Million USD
Based on the latest financial reports, Quarterhill Inc (QTRHF) has net assets worth $115.66 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($220.38 Million) and total liabilities ($104.72 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $115.66 Million |
| % of Total Assets | 52.48% |
| Annual Growth Rate | -6.55% |
| 5-Year Change | -51.78% |
| 10-Year Change | N/A |
| Growth Volatility | 18.5 |
Quarterhill Inc - Net Assets Trend (2015–2024)
This chart illustrates how Quarterhill Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Quarterhill Inc (2015–2024)
The table below shows the annual net assets of Quarterhill Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $131.12 Million | -31.01% |
| 2023-12-31 | $190.06 Million | -26.24% |
| 2022-12-31 | $257.66 Million | +6.86% |
| 2021-12-31 | $241.12 Million | -11.33% |
| 2020-12-31 | $271.93 Million | -1.83% |
| 2019-12-31 | $276.99 Million | -0.73% |
| 2018-12-31 | $279.04 Million | -12.82% |
| 2017-12-31 | $320.08 Million | -2.46% |
| 2016-12-31 | $328.15 Million | +35.95% |
| 2015-12-31 | $241.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quarterhill Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 10392400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $454.22 Million | 346.41% |
| Total Equity | $131.12 Million | 100.00% |
Quarterhill Inc Competitors by Market Cap
The table below lists competitors of Quarterhill Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Ganesha Tbk PT
JK:BGTG
|
$80.79 Million |
|
DASAN Networks Inc
KQ:039560
|
$80.80 Million |
|
Campine N.V.
LSE:0J0V
|
$80.81 Million |
|
Sea Sonic Electronics Co Ltd
TWO:6203
|
$80.83 Million |
|
Dongwha Enterprise Co.Ltd
KQ:025900
|
$80.79 Million |
|
QVC Group Inc.
NASDAQ:QVCGB
|
$80.77 Million |
|
Leadtrend Technology Corp
TW:3588
|
$80.75 Million |
|
AN2 Therapeutics Inc
NASDAQ:ANTX
|
$80.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quarterhill Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 190,056,000 to 131,123,000, a change of -58,933,000 (-31.0%).
- Net loss of 11,022,000 reduced equity.
- Other factors decreased equity by 47,911,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.02 Million | -8.41% |
| Other Changes | $-47.91 Million | -36.54% |
| Total Change | $- | -31.01% |
Book Value vs Market Value Analysis
This analysis compares Quarterhill Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.51x to 0.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $1.99 | $1.01 | x |
| 2016-12-31 | $2.76 | $1.01 | x |
| 2017-12-31 | $2.70 | $1.01 | x |
| 2018-12-31 | $2.35 | $1.01 | x |
| 2019-12-31 | $2.33 | $1.01 | x |
| 2020-12-31 | $2.38 | $1.01 | x |
| 2021-12-31 | $2.12 | $1.01 | x |
| 2022-12-31 | $2.25 | $1.01 | x |
| 2023-12-31 | $1.65 | $1.01 | x |
| 2024-12-31 | $1.13 | $1.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quarterhill Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.19%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.75x
- Recent ROE (-8.41%) is below the historical average (-4.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.16% | 9.76% | 0.35x | 1.21x | $-14.10 Million |
| 2016 | 4.53% | 11.90% | 0.33x | 1.16x | $-17.96 Million |
| 2017 | 4.02% | 7.59% | 0.44x | 1.19x | $-19.15 Million |
| 2018 | -23.98% | -63.46% | 0.33x | 1.16x | $-94.81 Million |
| 2019 | 4.97% | 7.18% | 0.59x | 1.17x | $-13.95 Million |
| 2020 | 6.87% | 12.93% | 0.48x | 1.12x | $-8.51 Million |
| 2021 | -9.20% | -17.65% | 0.29x | 1.77x | $-46.29 Million |
| 2022 | 1.07% | 0.90% | 0.74x | 1.60x | $-23.00 Million |
| 2023 | -24.31% | -32.08% | 0.43x | 1.75x | $-65.20 Million |
| 2024 | -8.41% | -7.19% | 0.67x | 1.75x | $-24.13 Million |
Industry Comparison
This section compares Quarterhill Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quarterhill Inc (QTRHF) | $115.66 Million | 4.16% | 0.91x | $80.79 Million |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |