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

View and export this data going back to 2000. Start your Free Trial

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

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															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

Quorum Information Technologies Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Quorum Information Technologies's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Quorum Information Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quorum Information Technologies Inc (OTCPK:QIFTF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

QIS:Canada

Address

7500 Macleod Trail South East, Suite 200, Calgary, AB, CAN, T2H 0L9

Website

https://quoruminformationsystems.com

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.