Quarterhill Inc (QTRH) - Net Assets

Latest as of March 2026: CA$79.85 Million CAD ≈ $57.76 Million USD

Based on the latest financial reports, Quarterhill Inc (QTRH) has net assets worth CA$79.85 Million CAD (≈ $57.76 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$184.04 Million ≈ $133.13 Million USD) and total liabilities (CA$104.18 Million ≈ $75.36 Million USD). 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. Check QTRH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$79.85 Million
% of Total Assets	43.39%
Annual Growth Rate	10.03%
5-Year Change	-65.46%
10-Year Change	-74.62%
Growth Volatility	127.23

Quarterhill Inc - Net Assets Trend (1998–2025)

This chart illustrates how Quarterhill Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Quarterhill Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Quarterhill Inc (1998–2025)

The table below shows the annual net assets of Quarterhill Inc from 1998 to 2025. For live valuation and market cap data, see Quarterhill Inc (QTRH) market capitalisation.

Year	Net Assets	Change
2025-12-31	CA$83.29 Million ≈ $60.25 Million	-36.48%
2024-12-31	CA$131.12 Million ≈ $94.85 Million	-31.01%
2023-12-31	CA$190.06 Million ≈ $137.48 Million	-26.24%
2022-12-31	CA$257.66 Million ≈ $186.39 Million	+6.86%
2021-12-31	CA$241.12 Million ≈ $174.42 Million	-9.28%
2020-12-31	CA$265.79 Million ≈ $192.27 Million	-4.04%
2019-12-31	CA$276.99 Million ≈ $200.37 Million	-0.73%
2018-12-31	CA$279.04 Million ≈ $201.85 Million	-12.82%
2017-12-31	CA$320.08 Million ≈ $231.54 Million	-2.46%
2016-12-31	CA$328.15 Million ≈ $237.38 Million	-2.03%
2015-12-31	CA$334.96 Million ≈ $242.30 Million	+17.41%
2014-12-31	CA$285.29 Million ≈ $206.37 Million	+5.86%
2013-12-31	CA$269.50 Million ≈ $194.95 Million	-7.24%
2012-12-31	CA$290.55 Million ≈ $210.18 Million	-14.07%
2011-12-31	CA$338.11 Million ≈ $244.58 Million	+41.40%
2010-12-31	CA$239.12 Million ≈ $172.97 Million	-0.83%
2009-12-31	CA$241.12 Million ≈ $174.42 Million	+6.85%
2008-12-31	CA$225.66 Million ≈ $163.24 Million	-3.17%
2007-12-31	CA$233.04 Million ≈ $168.58 Million	+438.52%
2006-12-31	CA$43.27 Million ≈ $31.30 Million	+271.83%
2005-12-31	CA$11.64 Million ≈ $8.42 Million	-65.62%
2004-12-31	CA$33.85 Million ≈ $24.49 Million	-2.95%
2003-12-31	CA$34.88 Million ≈ $25.23 Million	+138.25%
2002-12-31	CA$14.64 Million ≈ $10.59 Million	+509.33%
2001-12-31	CA$-3.58 Million ≈ $-2.59 Million	-104.33%
2000-12-31	CA$82.53 Million ≈ $59.70 Million	+363.68%
1999-12-31	CA$17.80 Million ≈ $12.88 Million	+182.54%
1998-12-31	CA$6.30 Million ≈ $4.56 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 36994533600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	CA$316.82 Million	380.39%
Other Comprehensive Income	CA$14.00 Million	16.81%
Other Components	CA$129.30 Million	155.24%
Total Equity	CA$83.29 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
Bright Led Electronics Corp TW:3031	$152.79 Million
Naturhouse Health SA MC:NTH	$152.87 Million
Faze Three Limited NSE:FAZE3Q	$152.90 Million
JUTAL OFF.OIL SRVCS HD-01 F:I8O	$152.92 Million
Mendelson Infrastructures and Industries Ltd TA:MNIN	$152.74 Million
Putnam Master Intermediate Income Trust NYSE:PIM	$152.74 Million
BRC Inc. NYSE:BRCC	$152.69 Million
MIRC Electronics Limited NSE:MIRCELECTR	$152.68 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 2024 to 2025, total equity changed from 131,123,000 to 83,288,151, a change of -47,834,849 (-36.5%).
Net loss of 55,362,475 reduced equity.
Other comprehensive income increased equity by 1,849,480.
Other factors increased equity by 5,678,146.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-55.36 Million	-66.47%
Other Comprehensive Income	CA$1.85 Million	+2.22%
Other Changes	CA$5.68 Million	+6.82%
Total Change	CA$-	-36.48%

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: 2.47x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 6.63x to 2.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-12-31	CA$0.27	CA$1.76	x
1999-12-31	CA$0.62	CA$1.76	x
2000-12-31	CA$2.23	CA$1.76	x
2001-12-31	CA$0.37	CA$1.76	x
2002-12-31	CA$0.31	CA$1.76	x
2003-12-31	CA$0.85	CA$1.76	x
2004-12-31	CA$0.71	CA$1.76	x
2005-12-31	CA$0.26	CA$1.76	x
2006-12-31	CA$0.89	CA$1.76	x
2007-12-31	CA$2.91	CA$1.76	x
2008-12-31	CA$2.41	CA$1.76	x
2009-12-31	CA$2.49	CA$1.76	x
2010-12-31	CA$2.31	CA$1.76	x
2011-12-31	CA$2.70	CA$1.76	x
2012-12-31	CA$2.41	CA$1.76	x
2013-12-31	CA$2.23	CA$1.76	x
2014-12-31	CA$2.37	CA$1.76	x
2015-12-31	CA$2.77	CA$1.76	x
2016-12-31	CA$2.75	CA$1.76	x
2017-12-31	CA$2.70	CA$1.76	x
2018-12-31	CA$2.35	CA$1.76	x
2019-12-31	CA$2.33	CA$1.76	x
2020-12-31	CA$2.32	CA$1.76	x
2021-12-31	CA$2.11	CA$1.76	x
2022-12-31	CA$2.25	CA$1.76	x
2023-12-31	CA$1.66	CA$1.76	x
2024-12-31	CA$1.14	CA$1.76	x
2025-12-31	CA$0.71	CA$1.76	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): -66.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -35.06%
• Asset Turnover: 0.83x
• Equity Multiplier: 2.29x
Recent ROE (-66.47%) is below the historical average (-40.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	-88.06%	-70.90%	0.68x	1.84x	CA$-4.26 Million
1999	-25.28%	-51.71%	0.28x	1.77x	CA$-4.26 Million
2000	-24.29%	-113.34%	0.08x	2.78x	CA$-16.82 Million
2001	-630.10%	-398.00%	0.48x	3.32x	CA$-63.20 Million
2002	-39.60%	-24.86%	0.60x	2.67x	CA$-4.66 Million
2003	-13.21%	-17.18%	0.45x	1.69x	CA$-6.13 Million
2004	-23.96%	-27.82%	0.51x	1.69x	CA$-9.99 Million
2005	-236.15%	-100.13%	1.01x	2.34x	CA$-26.87 Million
2006	60.75%	1247.01%	0.05x	1.03x	CA$21.96 Million
2007	11.85%	45.07%	0.23x	1.13x	CA$4.31 Million
2008	-4.07%	-34.58%	0.10x	1.12x	CA$-31.75 Million
2009	-1.83%	-14.49%	0.12x	1.05x	CA$-28.51 Million
2010	-9.26%	-43.67%	0.20x	1.05x	CA$-46.06 Million
2011	9.30%	30.05%	0.17x	1.78x	CA$-2.35 Million
2012	-4.94%	-16.42%	0.27x	1.13x	CA$-43.67 Million
2013	-6.92%	-19.85%	0.26x	1.33x	CA$-45.59 Million
2014	3.76%	9.42%	0.31x	1.27x	CA$-17.80 Million
2015	3.83%	9.76%	0.32x	1.21x	CA$-20.66 Million
2016	4.46%	11.73%	0.33x	1.16x	CA$-18.17 Million
2017	4.15%	7.59%	0.46x	1.19x	CA$-18.73 Million
2018	-22.82%	-63.46%	0.31x	1.16x	CA$-91.57 Million
2019	4.57%	7.32%	0.53x	1.17x	CA$-15.04 Million
2020	0.36%	0.67%	0.48x	1.12x	CA$-26.22 Million
2021	-9.20%	-17.65%	0.29x	1.77x	CA$-46.29 Million
2022	1.07%	1.74%	0.39x	1.60x	CA$-23.00 Million
2023	-26.31%	-25.73%	0.59x	1.75x	CA$-69.00 Million
2024	-5.84%	-7.19%	0.46x	1.75x	CA$-20.77 Million
2025	-66.47%	-35.06%	0.83x	2.29x	CA$-63.69 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: $308,953,736
Average return on equity (ROE) among peers: 11.67%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Quarterhill Inc (QTRH)	CA$79.85 Million	-88.06%	1.30x	$152.75 Million
Bewhere Holdings Inc (BEW)	$1.99 Million	-134.87%	0.17x	$53.35 Million
Baylin Technologies Inc (BYL)	$48.86 Million	-34.64%	1.73x	$55.15 Million
C-Com Satellite Systems Inc. (CMI)	$2.54 Million	-83.12%	0.15x	$30.26 Million
Enablence Technologies Inc (ENA)	$-39.74 Million	0.00%	0.00x	$167.66 Million
Evertz Technologies Limited (ET)	$270.31 Million	37.26%	0.17x	$893.31 Million
Ironman International Ltd. (IMI)	$-169.76K	0.00%	0.00x	$13.81 Million
Lite Access Technologies Inc (LTE)	$-169.53K	0.00%	0.00x	$7.89 Million
Novra Technologies Inc (NVI)	$268.10K	323.89%	5.07x	$3.99 Million
Telesat Corp (TSAT)	$2.50 Billion	-3.51%	1.78x	$702.86 Million

About Quarterhill Inc

TO:QTRH Canada Communication Equipment

Market Cap

$152.75 Million

CA$211.17 Million CAD

Market Cap Rank

#17672 Global

#565 in Canada

Share Price

CA$1.76

Change (1 day)

-1.68%

52-Week Range

CA$0.89 - CA$2.14

All Time High

CA$3.18