Quarterhill (FRA:WJL) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is Quarterhill LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Quarterhill's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Quarterhill's long-term debt to total assets ratio declined from Mar. 2023 (0.15) to Mar. 2024 (0.10). It may suggest that Quarterhill is progressively becoming less dependent on debt to grow their business.

Quarterhill LT-Debt-to-Total-Asset Historical Data

The historical data trend for Quarterhill's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Quarterhill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.26

0.14

0.24

Quarterhill Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.25	0.25	0.24	0.10

Quarterhill LT-Debt-to-Total-Asset Calculation

Quarterhill's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	56.084	/	229.546
	=	0.24

Quarterhill's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	21.026	/	221.117
	=	0.10

Quarterhill (FRA:WJL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Quarterhill LT-Debt-to-Total-Asset Related Terms

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Quarterhill (FRA:WJL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quarterhill Inc (FRA:WJL) » Definitions » LT-Debt-to-Total-Asset

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QTRHF:USA QTRH:Canada

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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