Quarterhill (TSX:QTRH) Gross-Profit-to-Asset % : 13.78% (As of Dec. 2023)

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What is Quarterhill Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Quarterhill's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$46.1 Mil. Quarterhill's average Total Assets over the quarter that ended in Dec. 2023 was C$334.4 Mil. Therefore, Quarterhill's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.78%.

Quarterhill Gross-Profit-to-Asset % Historical Data

The historical data trend for Quarterhill's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Quarterhill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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23.63

18.57

10.16

9.01

10.91

Quarterhill Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															9.71	4.64	14.83	12.56	13.78

Competitive Comparison of Quarterhill's Gross-Profit-to-Asset %

For the Communication Equipment subindustry, Quarterhill's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Quarterhill's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Quarterhill's Gross-Profit-to-Asset % falls into.

Quarterhill Gross-Profit-to-Asset % Calculation

Quarterhill's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	40.597	/	( (411.944	+	332.079)	/ 2 )
	=	40.597	/	372.0115
	=	10.91 %

Quarterhill's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	46.068	/	( (336.669	+	332.079)	/ 2 )
	=	46.068	/	334.374
	=	13.78 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Quarterhill Gross-Profit-to-Asset % Related Terms

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Quarterhill (TSX:QTRH) Business Description

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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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