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QTRHF · OTC · United States · Patent Owners & Lessors
In shortQuarterhill Inc. is loss-making, burns cash and holds more cash than debt, with revenue shrinking (−42.5% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -75.5% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -63.5% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -21.4% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -24.8% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.41× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -265.69× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.25 | 55/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -11.6% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 3 | 0/100 |
| Revenue growth volatility | 44.2% | 0/100 |
| Operating margin volatility | 45.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -9.0% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2018 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY14 | FY15 | FY16 | FY17 | FY18 |
|---|---|---|---|---|---|
| Revenue | – | 103 | 93 | 135 | 77 |
| Cost of revenue | 63 | 70 | 30 | 49 | – |
| Gross profit | – | 32 | 63 | 85 | – |
| Research & development | 2.4 | 2.4 | – | 3.3 | 3.6 |
| Selling, general & admin | 11 | 7.5 | 9.4 | 20 | 27 |
| Operating income | 20 | 17 | 19 | 10 | (58) |
| Interest expense | – | – | – | 1.1 | 0.2 |
| Pre-tax income | 21 | 17 | 20 | 10 | (56) |
| Income tax | 11 | 6.9 | 8.6 | 0.2 | (7.3) |
| Net income | 9.7 | 10 | 11 | 10 | (49) |
| Diluted EPS | $0.08 | $0.08 | $0.09 | $0.09 | −$0.41 |
| Diluted shares (millions) | 120 | 121 | 119 | 119 | 119 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
3.25 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2018 · Data updated Feb 28, 2019