Quarterhill (TSX:QTRH) Interest Expense : C$-9.2 Mil (TTM As of Sep. 2024)

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What is Quarterhill Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quarterhill's interest expense for the three months ended in Sep. 2024 was C$ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-9.2 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Quarterhill's Operating Income for the three months ended in Sep. 2024 was C$ -7.9 Mil. Quarterhill's Interest Expense for the three months ended in Sep. 2024 was C$ -2.2 Mil. Quarterhill did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quarterhill Interest Expense Historical Data

The historical data trend for Quarterhill's Interest Expense 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 Interest Expense Chart

Quarterhill Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.75

-0.46

-2.34

-9.77

-9.16

Quarterhill Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-2.21	-2.45	-2.31	-2.26	-2.23

Quarterhill Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.2 Mil.

Quarterhill (TSX:QTRH) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quarterhill's Interest Expense for the three months ended in Sep. 2024 was C$-2.2 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-7.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$28.7 Mil.

Quarterhill's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Quarterhill did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Quarterhill Business Description

Industry

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QTRHF:USA

Address

200 Bay Street, North Tower, Suite 1200, Po Box 96, Toronto, ON, CAN, M5J 2J2

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.

Executives

Rusty Lewis	Director
Kevin Holbert	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Anna Maria Tosto	Director
Pamela Faye Steer	Director
Charles (chuck) Myers	Director, Senior Officer
William Frederick Morris	Director
Rish Malhotra	Senior Officer
Kyle Lincoln Chriest	Senior Officer
Paul Hill	Director
Prashant Watchmaker	Senior Officer
Quarterhill Inc.	Issuer
James Skippen	Director
Michael Vladescu	Senior Officer
Douglas Michael Parker	Senior Officer
Roxanne Leigh Anderson	Director

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