Quarterhill Net Debt vs Long Term Debt Analysis

QTRH Stock

CAD 1.60 0.06 3.90%

Quarterhill financial indicator trend analysis is much more than just breaking down Quarterhill prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quarterhill is a good investment. Please check the relationship between Quarterhill Net Debt and its Long Term Debt accounts. 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.

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quarterhill Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Quarterhill's Net Debt and Long Term Debt is 0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Quarterhill, assuming nothing else is changed. The correlation between historical values of Quarterhill's Net Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Quarterhill are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Quarterhill's Net Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Debt

Long-term debt is a debt that Quarterhill has held for over one year. Long-term debt appears on Quarterhill balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Quarterhill balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Quarterhill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quarterhill current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Discontinued Operations is likely to grow to about 17.2 M, while Selling General Administrative is likely to drop about 24.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.3M	10.0M	9.1M	5.2M
Depreciation And Amortization	23.4M	16.2M	15.8M	20.3M

Interest Expense Depreciation And Amortization

Quarterhill fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.65	0.3	0.75	0.84	0.11	-0.41	-0.28	0.42	0.71	0.7	0.16	0.71	0.02	0.83	0.21	-0.08	0.17	-0.13	0.69	0.06	0.84	0.57	0.57	-0.15	0.14
Short Long Term Debt Total	0.65		0.09	0.87	0.17	0.31	0.0	-0.07	0.47	0.62	0.21	-0.24	0.62	0.23	0.22	0.53	0.14	0.37	0.24	0.98	0.38	0.74	0.78	0.19	-0.02	0.09
Other Current Liab	0.3	0.09		0.17	0.26	0.45	0.13	-0.33	-0.28	-0.05	0.36	0.14	-0.05	0.41	0.29	0.11	0.36	0.23	0.0	0.19	0.29	0.13	0.01	0.04	0.34	0.52
Total Current Liabilities	0.75	0.87	0.17		0.38	0.03	-0.4	0.13	0.2	0.84	0.15	0.06	0.84	-0.08	0.33	0.08	-0.1	0.13	-0.09	0.82	0.04	0.91	0.95	0.12	-0.09	-0.02
Total Stockholder Equity	0.84	0.17	0.26	0.38		-0.14	-0.6	-0.3	0.28	0.57	0.71	0.31	0.58	-0.16	0.92	-0.13	-0.26	-0.09	-0.29	0.21	-0.23	0.61	0.24	0.62	-0.26	-0.02
Property Plant And Equipment Net	0.11	0.31	0.45	0.03	-0.14		0.73	-0.72	0.25	-0.38	0.3	-0.48	-0.37	0.92	0.1	0.77	0.93	0.86	0.67	0.47	0.97	-0.08	-0.2	-0.09	0.68	0.75
Net Debt	-0.41	0.0	0.13	-0.4	-0.6	0.73		-0.45	0.17	-0.78	0.07	-0.49	-0.78	0.75	-0.4	0.71	0.73	0.53	0.61	0.1	0.77	-0.62	-0.51	-0.08	0.5	0.61
Retained Earnings	-0.28	-0.07	-0.33	0.13	-0.3	-0.72	-0.45		-0.47	0.3	-0.56	0.49	0.29	-0.79	-0.52	-0.56	-0.73	-0.56	-0.64	-0.23	-0.68	0.05	0.39	-0.22	-0.46	-0.53
Accounts Payable	0.42	0.47	-0.28	0.2	0.28	0.25	0.17	-0.47		0.18	0.46	-0.48	0.18	0.28	0.41	0.59	0.12	0.28	0.45	0.5	0.39	0.22	0.06	0.55	-0.3	-0.07
Cash	0.71	0.62	-0.05	0.84	0.57	-0.38	-0.78	0.3	0.18		0.05	0.2	1.0	-0.43	0.44	-0.23	-0.48	-0.19	-0.29	0.53	-0.36	0.94	0.87	0.17	-0.39	-0.44
Non Current Assets Total	0.7	0.21	0.36	0.15	0.71	0.3	0.07	-0.56	0.46	0.05		0.16	0.05	0.23	0.75	0.4	0.12	0.23	-0.07	0.32	0.23	0.2	-0.09	0.83	-0.07	0.48
Non Currrent Assets Other	0.16	-0.24	0.14	0.06	0.31	-0.48	-0.49	0.49	-0.48	0.2	0.16		0.2	-0.67	0.1	-0.54	-0.55	-0.29	-0.96	-0.29	-0.65	0.1	0.14	0.18	-0.32	-0.12
Cash And Short Term Investments	0.71	0.62	-0.05	0.84	0.58	-0.37	-0.78	0.29	0.18	1.0	0.05	0.2		-0.42	0.45	-0.22	-0.47	-0.19	-0.29	0.53	-0.36	0.94	0.87	0.17	-0.39	-0.44
Net Receivables	0.02	0.23	0.41	-0.08	-0.16	0.92	0.75	-0.79	0.28	-0.43	0.23	-0.67	-0.42		0.07	0.75	0.92	0.68	0.82	0.38	0.93	-0.15	-0.3	-0.11	0.7	0.67
Common Stock Shares Outstanding	0.83	0.22	0.29	0.33	0.92	0.1	-0.4	-0.52	0.41	0.44	0.75	0.1	0.45	0.07		0.11	-0.01	0.09	-0.06	0.3	0.02	0.57	0.12	0.54	-0.09	0.11
Non Current Liabilities Total	0.21	0.53	0.11	0.08	-0.13	0.77	0.71	-0.56	0.59	-0.23	0.4	-0.54	-0.22	0.75	0.11		0.65	0.63	0.63	0.63	0.83	-0.02	-0.12	0.24	0.31	0.51
Inventory	-0.08	0.14	0.36	-0.1	-0.26	0.93	0.73	-0.73	0.12	-0.48	0.12	-0.55	-0.47	0.92	-0.01	0.65		0.72	0.73	0.3	0.89	-0.2	-0.31	-0.31	0.83	0.74
Other Current Assets	0.17	0.37	0.23	0.13	-0.09	0.86	0.53	-0.56	0.28	-0.19	0.23	-0.29	-0.19	0.68	0.09	0.63	0.72		0.48	0.46	0.82	0.06	-0.06	-0.07	0.43	0.5
Other Stockholder Equity	-0.13	0.24	0.0	-0.09	-0.29	0.67	0.61	-0.64	0.45	-0.29	-0.07	-0.96	-0.29	0.82	-0.06	0.63	0.73	0.48		0.32	0.79	-0.13	-0.21	-0.2	0.48	0.29
Total Liab	0.69	0.98	0.19	0.82	0.21	0.47	0.1	-0.23	0.5	0.53	0.32	-0.29	0.53	0.38	0.3	0.63	0.3	0.46	0.32		0.51	0.7	0.67	0.22	0.12	0.26
Property Plant And Equipment Gross	0.06	0.38	0.29	0.04	-0.23	0.97	0.77	-0.68	0.39	-0.36	0.23	-0.65	-0.36	0.93	0.02	0.83	0.89	0.82	0.79	0.51		-0.09	-0.18	-0.07	0.61	0.66
Total Current Assets	0.84	0.74	0.13	0.91	0.61	-0.08	-0.62	0.05	0.22	0.94	0.2	0.1	0.94	-0.15	0.57	-0.02	-0.2	0.06	-0.13	0.7	-0.09		0.85	0.15	-0.16	-0.17
Short Term Debt	0.57	0.78	0.01	0.95	0.24	-0.2	-0.51	0.39	0.06	0.87	-0.09	0.14	0.87	-0.3	0.12	-0.12	-0.31	-0.06	-0.21	0.67	-0.18	0.85		0.01	-0.22	-0.24
Intangible Assets	0.57	0.19	0.04	0.12	0.62	-0.09	-0.08	-0.22	0.55	0.17	0.83	0.18	0.17	-0.11	0.54	0.24	-0.31	-0.07	-0.2	0.22	-0.07	0.15	0.01		-0.53	0.06
Current Deferred Revenue	-0.15	-0.02	0.34	-0.09	-0.26	0.68	0.5	-0.46	-0.3	-0.39	-0.07	-0.32	-0.39	0.7	-0.09	0.31	0.83	0.43	0.48	0.12	0.61	-0.16	-0.22	-0.53		0.72
Good Will	0.14	0.09	0.52	-0.02	-0.02	0.75	0.61	-0.53	-0.07	-0.44	0.48	-0.12	-0.44	0.67	0.11	0.51	0.74	0.5	0.29	0.26	0.66	-0.17	-0.24	0.06	0.72

Click cells to compare fundamentals

Quarterhill Account Relationship Matchups

Quarterhill fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	325.4M	303.8M	427.2M	411.9M	332.1M	269.8M
Short Long Term Debt Total	8.9M	3.8M	115.9M	89.9M	86.5M	90.9M
Other Current Liab	43.1M	10.6M	17.3M	26.7M	9.7M	10.3M
Total Current Liabilities	39.8M	26.5M	56.0M	88.5M	54.2M	38.8M
Total Stockholder Equity	277.0M	271.9M	241.1M	257.7M	190.1M	206.5M
Property Plant And Equipment Net	7.5M	6.6M	13.5M	17.2M	12.5M	13.1M
Net Debt	(79.1M)	(131.9M)	45.2M	23.6M	29.9M	31.4M
Retained Earnings	(323.2M)	(325.4M)	(353.3M)	(356.2M)	(423.3M)	(402.1M)
Accounts Payable	4.5M	10.0M	25.4M	21.4M	31.4M	33.0M
Cash	88.1M	135.7M	70.7M	66.4M	56.6M	91.8M
Non Current Assets Total	172.7M	117.7M	266.1M	251.9M	173.3M	142.9M
Non Currrent Assets Other	7.7M	844K	3.0M	3.6M	(103.5M)	(98.4M)
Cash And Short Term Investments	89.6M	141.3M	72.6M	67.9M	56.6M	97.5M
Net Receivables	52.1M	27.6M	66.5M	65.0M	81.5M	85.6M
Common Stock Shares Outstanding	118.8M	117.0M	114.0M	114.4M	114.8M	93.2M
Liabilities And Stockholders Equity	325.4M	303.8M	427.2M	411.9M	332.1M	269.8M
Non Current Liabilities Total	8.7M	5.4M	130.0M	65.8M	87.9M	92.3M
Inventory	8.6M	9.1M	13.7M	13.7M	14.3M	15.0M
Other Current Assets	108.4K	8.3M	8.3M	13.4M	6.4M	6.7M
Other Stockholder Equity	30.7M	46.3M	49.9M	51.0M	171.8M	180.4M
Total Liab	48.4M	31.9M	186.1M	154.3M	142.0M	149.1M
Property Plant And Equipment Gross	7.5M	6.6M	23.3M	31.4M	28.3M	29.7M
Total Current Assets	152.7M	186.1M	161.1M	160.0M	158.8M	126.9M
Accumulated Other Comprehensive Income	21.9M	3.6M	144K	16.5M	14.4M	8.9M
Short Term Debt	5.1M	1.0M	5.3M	31.9M	5.4M	5.1M
Intangible Assets	89.7M	59.3M	151.4M	141.3M	104.8M	111.1M
Current Deferred Revenue	8.7M	4.8M	8.0M	8.5M	7.7M	8.1M
Good Will	33.1M	16.1M	53.1M	56.4M	38.5M	27.8M
Short Term Investments	1.6M	1.6M	5.6M	1.9M	1.6M	0.0
Common Stock Total Equity	526.7M	570.8M	547.5M	547.5M	629.7M	518.5M
Common Stock	547.5M	547.5M	544.3M	546.5M	427.2M	526.1M
Other Liab	5.8M	4.8M	2.7M	19.5M	22.4M	23.5M
Net Tangible Assets	92.1M	152.7M	196.6M	36.7M	42.2M	40.1M
Other Assets	36.6M	29.0M	40.8M	28.7M	33.0M	20.2M
Long Term Debt	272.4K	0.0	104.9M	48.4M	73.5M	77.2M
Short Long Term Debt	3.9M	4.1M	3.2M	29.3M	2.8M	2.7M
Property Plant Equipment	7.3M	6.6M	13.5M	17.2M	19.8M	20.8M
Long Term Investments	5.2M	6.7M	7.5M	7.8M	10.5M	5.7M
Long Term Debt Total	3.8M	2.7M	110.6M	58.0M	66.7M	70.1M
Capital Surpluse	30.8M	46.3M	49.9M	51.0M	58.6M	39.4M

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

0.33

WCM-A

Wilmington Capital

Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Quarterhill Stock

Balance Sheet is a snapshot of the financial position of Quarterhill at a specified time, usually calculated after every quarter, six months, or one year. Quarterhill Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quarterhill and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Quarterhill currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Quarterhill Net Debt vs Long Term Debt Analysis

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Debt

Long Term Debt

Quarterhill fundamental ratios Correlations

Quarterhill Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Quarterhill fundamental ratios Accounts

Pair Trading with Quarterhill

Moving against Quarterhill Stock

Other Information on Investing in Quarterhill Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Short Term Debt	+ 0.95	Total Current Liabilities
Total Current Assets	+ 0.94	Cash
Total Current Assets	+ 0.94	Cash And Short Term Investments

Other Stockholder Equity	- 0.96	Non Currrent Assets Other
Net Receivables	- 0.79	Retained Earnings
Cash And Short Term Investments	- 0.78	Net Debt
Cash	- 0.78	Net Debt
Inventory	- 0.73	Retained Earnings
Retained Earnings	- 0.72	Property Plant And Equipment Net