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QIFTF (Quorum Information Technologies) Scaled Net Operating Assets : 0.77 (As of Sep. 2024)


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What is Quorum Information Technologies 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.

Quorum Information Technologies's operating assets for the quarter that ended in Sep. 2024 was $29.85 Mil. Quorum Information Technologies's operating liabilities for the quarter that ended in Sep. 2024 was $3.93 Mil. Quorum Information Technologies's Total Assets for the quarter that ended in Jun. 2024 was $33.46 Mil. Therefore, Quorum Information Technologies's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.77.


Quorum Information Technologies Scaled Net Operating Assets Historical Data

The historical data trend for Quorum Information Technologies'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.

* Premium members only.

Quorum Information Technologies Scaled Net Operating Assets Chart

Quorum Information Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.70 0.68 0.77 0.78

Quorum Information Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.78 0.78 0.78 0.78

Competitive Comparison of Quorum Information Technologies's Scaled Net Operating Assets

For the Software - Application subindustry, Quorum Information Technologies'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.


Quorum Information Technologies's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Quorum Information Technologies's Scaled Net Operating Assets distribution charts can be found below:

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



Quorum Information Technologies 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.

Quorum Information Technologies'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 )
=(31.473-4.347)/34.691
=0.78

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=34.159 - 2.686
=31.473

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.989 - 8.686 - 0.956
=4.347

Quorum Information Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(29.85-3.931)/33.464
=0.77

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31.839 - 1.989
=29.85

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.164 - 5.349 - 0.884
=3.931

* 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.


Quorum Information Technologies Scaled Net Operating Assets Related Terms

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Quorum Information Technologies Business Description

Traded in Other Exchanges
Address
7500 Macleod Trail South East, Suite 200, Calgary, AB, CAN, T2H 0L9
Quorum Information Technologies Inc is an information technology company engaged in the automotive retail business. It develops, markets, implements, and supports its software products, XSELLERATOR, a Dealership Management System for the automotive market; Autovance Desk, Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service and Sales Customer Relationship Management (CRM system and Business Development Centre (BDC); and Quorum Advantage showroom system. The Company operates in three segments, Software as a saas, business development centre, and service and one-time. Its geographical segments are Canada and the United States.

Quorum Information Technologies Headlines