Quarterhill (TSX:QTRH) Scaled Net Operating Assets : 0.65 (As of Dec. 2023)

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What is Quarterhill Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Quarterhill's operating assets for the quarter that ended in Dec. 2023 was C$275.5 Mil. Quarterhill's operating liabilities for the quarter that ended in Dec. 2023 was C$55.5 Mil. Quarterhill's Total Assets for the quarter that ended in Sep. 2023 was C$336.7 Mil. Therefore, Quarterhill's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.65.

Quarterhill Scaled Net Operating Assets Historical Data

The historical data trend for Quarterhill's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Quarterhill Scaled Net Operating Assets Chart

Quarterhill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.60

0.42

0.92

0.66

0.53

Quarterhill Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.66	0.68	0.59	0.70	0.65

Competitive Comparison of Quarterhill's Scaled Net Operating Assets

For the Communication Equipment subindustry, Quarterhill's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Quarterhill's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Quarterhill's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Quarterhill's Scaled Net Operating Assets falls into.

Quarterhill Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Quarterhill's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(275.458	-	55.483)	/	411.944
=	0.53

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	332.079	-	56.621
=	275.458

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	142.023	-	81.135	-	5.405
=	55.483

Quarterhill's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(275.458	-	55.483)	/	336.669
=	0.65

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	332.079	-	56.621
=	275.458

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	142.023	-	81.135	-	5.405
=	55.483

Quarterhill Scaled Net Operating Assets Related Terms

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Quarterhill (TSX:QTRH) Business Description

Industry

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QTRHF:USA

Address

25 King Street West, Suite 1101, Toronto, ON, CAN, M5L 2A1

Website

https://www.quarterhill.com

Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. It operates in two segments Licensing, which includes companies that count licensing as their principal business activity, and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world. The majority of the revenue comes from the United States.

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