Quarterhill Inc (QTRH) - Net Assets

Latest as of June 2026: CA$75.18 Million CAD ≈ $54.38 Million USD

Based on the latest financial reports, Quarterhill Inc (QTRH) has net assets worth CA$75.18 Million CAD (≈ $54.38 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$190.50 Million ≈ $137.80 Million USD) and total liabilities (CA$115.32 Million ≈ $83.42 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 Quarterhill Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$75.18 Million
% of Total Assets 39.46%
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. For live market cap and overall valuation, see Quarterhill Inc market cap and net worth.

Annual Net Assets for Quarterhill Inc (1998–2025)

The table below shows the annual net assets of Quarterhill Inc from 1998 to 2025. Also explore Quarterhill Inc (QTRH) net asset momentum to track the company's year-over-year net asset growth rate.

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
Ege Gubre Sanayi AS
IS:EGGUB
 $227.33 Million
Ocean Plastics Co Ltd
TW:1321
 $227.36 Million
RF Capital Group Inc
TO:RCG
 $227.36 Million
PetroVietnam Power Nhon Trach 2 JSC
VN:NT2
 $227.50 Million
EBEST Investment & Securities Co. Ltd
KQ:078020
 $227.32 Million
AstroNova Inc
NASDAQ:ALOT
 $227.32 Million
Celik Halat ve Tel Sanayi AS
IS:CELHA
 $227.25 Million
Meridian Bank
NASDAQ:MRBK
 $227.25 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: 3.63x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 9.76x to 3.63x 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$2.59 x
1999-12-31 CA$0.62 CA$2.59 x
2000-12-31 CA$2.23 CA$2.59 x
2001-12-31 CA$0.37 CA$2.59 x
2002-12-31 CA$0.31 CA$2.59 x
2003-12-31 CA$0.85 CA$2.59 x
2004-12-31 CA$0.71 CA$2.59 x
2005-12-31 CA$0.26 CA$2.59 x
2006-12-31 CA$0.89 CA$2.59 x
2007-12-31 CA$2.91 CA$2.59 x
2008-12-31 CA$2.41 CA$2.59 x
2009-12-31 CA$2.49 CA$2.59 x
2010-12-31 CA$2.31 CA$2.59 x
2011-12-31 CA$2.70 CA$2.59 x
2012-12-31 CA$2.41 CA$2.59 x
2013-12-31 CA$2.23 CA$2.59 x
2014-12-31 CA$2.37 CA$2.59 x
2015-12-31 CA$2.77 CA$2.59 x
2016-12-31 CA$2.75 CA$2.59 x
2017-12-31 CA$2.70 CA$2.59 x
2018-12-31 CA$2.35 CA$2.59 x
2019-12-31 CA$2.33 CA$2.59 x
2020-12-31 CA$2.32 CA$2.59 x
2021-12-31 CA$2.11 CA$2.59 x
2022-12-31 CA$2.25 CA$2.59 x
2023-12-31 CA$1.66 CA$2.59 x
2024-12-31 CA$1.14 CA$2.59 x
2025-12-31 CA$0.71 CA$2.59 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: $229,234,186
  • Average return on equity (ROE) among peers: -4.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Quarterhill Inc (QTRH) CA$75.18 Million -88.06% 1.53x $227.32 Million
Bewhere Holdings Inc (BEW) $10.74 Million 14.56% 0.38x $50.54 Million
Baylin Technologies Inc (BYL) $52.85 Million -30.90% 0.46x $40.92 Million
C-Com Satellite Systems Inc. (CMI) $1.58 Million -1.26% 0.28x $26.29 Million
Enablence Technologies Inc (ENA) $-37.52 Million 0.00% 0.00x $108.37 Million
Evertz Technologies Limited (ET) $246.08 Million 26.02% 0.77x $676.95 Million
Lite Access Technologies Inc (LTE) $21.20 Million -38.23% 0.12x $7.89 Million
Novra Technologies Inc (NVI) $-2.62 Million 0.00% 0.00x $2.54 Million
Telesat Corp (TSAT) $1.77 Billion -8.78% 2.73x $748.64 Million
Total Telcom Inc (TTZ) $1.20 Million -4.90% 0.12x $9.25 Million

About Quarterhill Inc

TO:QTRH Canada Communication Equipment
Market Cap
$227.32 Million
CA$314.25 Million CAD
Market Cap Rank
#16154 Global
#487 in Canada
Share Price
CA$2.59
Change (1 day)
-2.26%
52-Week Range
CA$0.89 - CA$3.22
All Time High
CA$3.22
Categories
Companies in Canada Communication Equipment Technology AI & Machine Learning
About

Quarterhill Inc., together with its subsidiaries, provides tolling and mobility systems and solutions in the United States, Thailand, Germany, Canada, South Korea, Belgium, France, Chile, and internationally. The company offers in-road sensor and above-ground AVDC, performance measurement, system monitoring, business intelligence, image-based processing, and transit event processing and capture; … Read more