Quarterhill Historical Financial Ratios
| QTRH Stock | CAD 1.60 0.06 3.90% |
Quarterhill is promptly reporting on over 100 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 1.55, Invested Capital of 0.0, Average Payables of 8.2 M or Stock Based Compensation To Revenue of 0.0083 will help investors to properly organize and evaluate Quarterhill financial condition quickly.
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About Quarterhill Financial Ratios Analysis
QuarterhillFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Quarterhill investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Quarterhill financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Quarterhill history.
Quarterhill Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Quarterhill stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Quarterhill sales, a figure that is much harder to manipulate than other Quarterhill multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Quarterhill dividend as a percentage of Quarterhill stock price. Quarterhill dividend yield is a measure of Quarterhill stock productivity, which can be interpreted as interest rate earned on an Quarterhill investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Payout Ratio
Payout Ratio is the proportion of Quarterhill earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Quarterhill dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Quarterhill is paying out more in dividends than it makes in net income.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most ratios from Quarterhill's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Quarterhill current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quarterhill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Quarterhill's Days Sales Outstanding is very stable compared to the past year. As of the 25th of November 2024, Average Payables is likely to grow to about 8.2 M, while Price To Sales Ratio is likely to drop 1.09.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0183 | 0.0315 | 0.0128 | 0.0122 | Price To Sales Ratio | 2.45 | 0.59 | 1.15 | 1.09 |
Quarterhill fundamentals Correlations
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Quarterhill Account Relationship Matchups
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Quarterhill fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.04 | 2.07 | 2.45 | 0.59 | 1.15 | 1.09 | |
| Dividend Yield | 0.0299 | 0.0148 | 0.0183 | 0.0315 | 0.0128 | 0.0122 | |
| Ptb Ratio | 0.72 | 1.1 | 1.28 | 0.7 | 1.18 | 1.12 | |
| Days Sales Outstanding | 75.85 | 68.94 | 191.95 | 77.25 | 153.16 | 160.82 | |
| Free Cash Flow Yield | (0.0785) | 0.0329 | 0.11 | (0.0647) | 0.17 | (0.15) | |
| Operating Cash Flow Per Share | 0.083 | 0.3 | (0.12) | 0.35 | (0.24) | (0.23) | |
| Stock Based Compensation To Revenue | 0.003885 | 0.007023 | 0.0156 | 0.005198 | 0.008687 | 0.008253 | |
| Capex To Depreciation | 0.0211 | 0.0261 | 0.12 | 0.29 | 0.14 | 0.13 | |
| Pb Ratio | 0.72 | 1.1 | 1.28 | 0.7 | 1.18 | 1.12 | |
| Ev To Sales | 0.62 | 1.16 | 2.81 | 0.67 | 1.31 | 1.24 | |
| Free Cash Flow Per Share | 0.0549 | 0.28 | (0.17) | 0.27 | (0.3) | (0.28) | |
| Roic | (0.24) | 0.0453 | 0.0176 | (0.0463) | 0.0251 | (0.12) | |
| Inventory Turnover | 11.23 | 9.45 | 6.43 | 13.76 | 10.78 | 11.32 | |
| Days Of Inventory On Hand | 32.51 | 38.64 | 56.78 | 26.52 | 33.85 | 32.16 | |
| Payables Turnover | 13.29 | 8.53 | 3.47 | 8.8 | 4.9 | 4.65 | |
| Research And Ddevelopement To Revenue | 0.035 | 0.0158 | 0.0189 | 0.008306 | 0.022 | 0.0209 | |
| Capex To Revenue | 0.0174 | 0.0179 | 0.0524 | 0.0284 | 0.0114 | 0.0108 | |
| Pocfratio | 20.12 | 8.5 | (23.08) | 4.56 | (8.12) | (8.53) | |
| Interest Coverage | 38.24 | 21.64 | (8.37) | 4.19 | (3.53) | (3.71) | |
| Payout Ratio | 0.43 | 1.0 | (0.25) | 2.06 | (0.0573) | (0.0545) | |
| Capex To Operating Cash Flow | 0.34 | 0.0736 | (0.49) | 0.22 | (0.0803) | (0.0763) | |
| Pfcf Ratio | 30.4 | 9.17 | (15.45) | 5.84 | (6.53) | (6.86) | |
| Days Payables Outstanding | 27.46 | 42.77 | 105.24 | 41.47 | 74.53 | 66.56 | |
| Income Quality | 0.17 | 0.72 | 7.95 | 0.6 | 14.32 | 0.63 | |
| Roe | 0.0497 | 0.0163 | (0.092) | 0.0107 | (0.26) | (0.28) | |
| Pe Ratio | 14.43 | 67.61 | (13.88) | 65.34 | (4.48) | (4.7) | |
| Return On Tangible Assets | 0.0679 | 0.0194 | (0.0996) | 0.0129 | (0.26) | (0.28) | |
| Ev To Free Cash Flow | 18.28 | 5.13 | (17.72) | 6.61 | (7.4) | (7.77) | |
| Earnings Yield | 0.0693 | 0.0148 | (0.0721) | 0.0153 | (0.22) | (0.21) | |
| Intangibles To Total Assets | 0.52 | 0.47 | 0.38 | 0.25 | 0.43 | 0.34 | |
| Net Debt To E B I T D A | (1.69) | (4.32) | 11.59 | (1.5) | (3.35) | (3.19) | |
| Current Ratio | 3.84 | 7.03 | 2.87 | 1.81 | 2.93 | 2.78 | |
| Tangible Book Value Per Share | 1.3 | 1.68 | 0.32 | 0.52 | 0.41 | 0.66 |
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.Other Information on Investing in Quarterhill Stock
QuarterhillFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Quarterhill investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Quarterhill financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Quarterhill history.