Quorum Information Technologies Inc (QIS) - Total Assets
Based on the latest financial reports, Quorum Information Technologies Inc (QIS) holds total assets worth CA$40.80 Million CAD (≈ $29.52 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Quorum Information Technologies Inc net assets for net asset value and shareholders' equity analysis.
Quorum Information Technologies Inc - Total Assets Trend (2001–2024)
This chart illustrates how Quorum Information Technologies Inc's total assets have evolved over time, based on quarterly financial data.
Quorum Information Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Quorum Information Technologies Inc's total assets of CA$40.80 Million consist of 16.0% current assets and 84.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.1% |
| Accounts Receivable | CA$3.61 Million | 8.5% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$18.24 Million | 42.9% |
| Goodwill | CA$8.43 Million | 19.8% |
Asset Composition Trend (2001–2024)
This chart illustrates how Quorum Information Technologies Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Quorum Information Technologies Inc (QIS) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Quorum Information Technologies Inc's current assets represent 16.0% of total assets in 2024, a decrease from 39.0% in 2001.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, up from 0.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 61.0% of total assets, an increase from 46.0% in 2001.
- Asset Diversification: The largest asset category is intangible assets at 42.9% of total assets.
Quorum Information Technologies Inc Competitors by Total Assets
Key competitors of Quorum Information Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Quorum Information Technologies Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.50 | 1.99 | 3.20 |
| Quick Ratio | 2.50 | 1.99 | 3.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$5.40 Million | CA$3.39 Million | CA$9.14 Million |
Quorum Information Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Quorum Information Technologies Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.92 |
| Latest Market Cap to Assets Ratio | 0.99 |
| Asset Growth Rate (YoY) | -7.1% |
| Total Assets | CA$42.55 Million |
| Market Capitalization | $42.09 Million USD |
Valuation Analysis
Near Book Valuation: The market values Quorum Information Technologies Inc's assets close to their book value (0.99x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Quorum Information Technologies Inc's assets decreased by 7.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Quorum Information Technologies Inc (2001–2024)
The table below shows the annual total assets of Quorum Information Technologies Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$42.55 Million ≈ $30.78 Million |
-7.14% |
| 2023-12-31 | CA$45.83 Million ≈ $33.15 Million |
-2.76% |
| 2022-12-31 | CA$47.13 Million ≈ $34.09 Million |
+4.33% |
| 2021-12-31 | CA$45.17 Million ≈ $32.68 Million |
-8.85% |
| 2020-12-31 | CA$49.56 Million ≈ $35.85 Million |
-0.73% |
| 2019-12-31 | CA$49.92 Million ≈ $36.11 Million |
+35.78% |
| 2018-12-31 | CA$36.77 Million ≈ $26.60 Million |
+76.50% |
| 2017-12-31 | CA$20.83 Million ≈ $15.07 Million |
+6.20% |
| 2016-12-31 | CA$19.61 Million ≈ $14.19 Million |
+4.14% |
| 2015-12-31 | CA$18.83 Million ≈ $13.62 Million |
+27.09% |
| 2014-12-31 | CA$14.82 Million ≈ $10.72 Million |
+7.46% |
| 2013-12-31 | CA$13.79 Million ≈ $9.98 Million |
+3.80% |
| 2012-12-31 | CA$13.29 Million ≈ $9.61 Million |
-1.20% |
| 2011-12-31 | CA$13.45 Million ≈ $9.73 Million |
-18.28% |
| 2010-12-31 | CA$16.46 Million ≈ $11.90 Million |
-6.97% |
| 2009-12-31 | CA$17.69 Million ≈ $12.80 Million |
+0.44% |
| 2008-12-31 | CA$17.61 Million ≈ $12.74 Million |
+7.43% |
| 2007-12-31 | CA$16.39 Million ≈ $11.86 Million |
+13.50% |
| 2006-12-31 | CA$14.44 Million ≈ $10.45 Million |
+42.08% |
| 2005-12-31 | CA$10.17 Million ≈ $7.35 Million |
+13.90% |
| 2004-12-31 | CA$8.93 Million ≈ $6.46 Million |
+65.49% |
| 2003-12-31 | CA$5.39 Million ≈ $3.90 Million |
+27.96% |
| 2002-12-31 | CA$4.21 Million ≈ $3.05 Million |
-0.84% |
| 2001-12-31 | CA$4.25 Million ≈ $3.07 Million |
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About Quorum Information Technologies Inc
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. The company operates through three segments: Software as a Service, Business Development Centre, and Services and one-time. It develops, markets, implements, and supports software products for the automotive market, including Quorum DMS, a dealership … Read more